Deals of the Week
Kenshoo Raised VC Funding — Israel-based provider of search marketing automated solutions, has raised an undisclosed amount of VC funding from Arts Alliance.
Covestor Raised $6.5 Million In Series A — The social networking company focused on personal investing, has raised $6.5 million in Series A funding. Backers include Spark Capital, Union Square Ventures, Amadeus Capital, Howard Lindzon and John Borthwick.
Better World Books Raised $4.5 Million In Series A — Mishawaka, Ind.-based online bookseller that uses some of its profits to help fund global literacy initiatives, has raised $4.5 million in Series A funding. Good Capital LLC led the round with a $2.5 million investment, while angels provided the remainder.
RichRelevance Raised $4.2 Million In Series B — San Francisco-based provider of personalized ecommerce recommendations, has raised $4.2 million in Series B funding. Greylock Partners and Tugboat Ventures were joined by return backers DFJ and Draper Richards.
TeachStreet Raises $ 2.3 Million In Series A Round — Madrona Venture Group led a $2.3 million Series A round of financing for TeachStreet, a developer of an online marketplace for teaching and coaching services.
UStream.TV Raised $11.1 Million In Series A — Los Altos, Calif.-based provider of an interactive video broadcast platform, has raised $11.1 million in Series A funding, according to VentureWire. DCM Capital led the round, and was joined by seed backer Band of Angels.
Gridstone Research Raised $10 Million In Series B — San Mateo, Calif.-based provider of an online research platform for buy-side investment managers, has raised $10 million in Series B funding. Helion Venture Partners led the round, and was joined by return backers Charles River Ventures and Maverick Capital.
iBloks Raised $2.05 Million In Series C — San Francisco-based rich media ad developer, has raised $2.05 million in Series C funding led by return backer Maveron.
Jaxtr Inc. Raised Around $6.4 Million in Series B — Palo Alto, Calif.-based provider of VoIP services for social networks and blogs, has raised around $6.4 million in Series B funding led by Lehman Brothers Venture Partners. The company had previously raised $10 million from August Capital, Draper Richards, Mayfield, Founders Fund, Ron Conway and Reid Hoffman.
Uber Inc. Raised $5.5 Million Of A $7.6 Million Series B — Beverly Hills, Calif.-based social networking startup run by former Friendster and NBC exec Scott Sassa, has called down $5.5 million of a $7.6 million Series B round. Shareholders include Universal Music Group and Sterling Stamos Co-Investors Fund.
