Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Huddle snags $51 million to keep its enterprise collaboration service in the game
Collaboration service Huddle tripled sales to enterprise customers in the first three quarters of this year. Today, it is capping off the year by tucking $51 million in investment funding into its cloud-based service. The company provides the ability for governments and large companies to store, share, access, sync, and work on files with others inside or outside a firewall.
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Think of Infer as a supercharger for marketers and salespeople — it ranks leads based on how likely they are to spend money. Fast-growing companies are all over Infer’s software, and now Infer has picked up $25 million to develop itself further. The money will help Infer transform its web-based software into a true self-service tool, which should help Infer close considerably more business for itself, cofounder and chief executive Vik Singh told VentureBeat in an email. But that’s not all.
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Puzzle & Dragons developer leads a $15M investment round for mobile gameplay video startup Kamcord
Sharing video is already a huge part of gaming, and one of the companies bringing that to mobile just got some new, big partners. Kamcord, which makes software that developers can plug into their games to so that players can share gameplay video, has raised $15 million in a Series B funding round. Megasuccessful Japanese developer GungHo Online Entertainment, responsible for the hit Puzzle & Dragon match-3 role-playing game for mobile, led the investment round. Chinese online company Tencent, owner of League of Legends studio Riot, and World of Tanks developer Wargaming also made significant investments in Kamcord. The round also saw participation from TransLink Capital, M&Y Growth Partners, Merus Capital, XG Ventures, Reddit executive chairman Alexis Ohanian, and a number of other individual investors.
With $12M in new funding, Hinge wants to hook you up with friends-of-friends instead of creepy strangers
Tinder might be the best-known dating mobile app, but an East Coast startup is working hard to dethrone it. Hinge, the New York City-based startup, has been putting a twist on the dating app model by serving up matches from your Facebook-based social network. That’s right, it shows you potential matches who are second- and third-degree connections, and today Hinge is announcing it has raised $12 million in new funding.
OutboundEngine gears up with $11M to drive more small-biz marketing
Small-to-medium-sized-businesses (SMBs) are a huge market, but they have two prerequisites for cloud-based tools. They can’t be expensive, and they can’t be too complex. Austin, Texas-based OutboundEngine prides itself on providing an email, social media, contact management, and content marketing platform that is neither. Today, they are announcing a new round of $11 million to continue down that path.
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Kinsa takes $9.6M for FDA-approved smartphone thermometer
The thermometer is perhaps the most used medical device in the world, and yet it’s one of the last to connect to a mobile device and an app. New York-based Kinsa Health takes care of that problem with the first smartphone thermometer to be approved by the Food and Drug Administration (FDA).
Framed picks up $2M seed round to bring predictive analytics to more app makers
Predictive-analytics startup Framed intends to help lots and lots of cloud-based software companies look out for customers that are about to take their business elsewhere. Founder and chief executive Thomson Nguyen says Framed has racked up more than 600 customers, but that’s not nearly enough to satisfy him. So the startup has taken on $2 million in seed funding. The money will help Framed bring on account managers who can focus on bringing and keeping more business. That’s a bit meta, but it’s real. Growth is essential in the already crowded predictive-analytics market. Competitors include Frontleaf, Preact, Totango. And companies like SAP have come out with predictive-analytics tools as well.
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This list will be updated with breaking funding news all day. Check back for more.
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