Raise Report: Fresh Funding for Qubit, Thrive Commerce, ModoPayments
Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Monday, Feb. 15: MoveBubble scores $1.6 million to streamline London renting
MoveBubble, which offers lists of vacant London apartments and books visits to them, has raised a $1.6 million round, TechCrunch reported. Richard Leigh, Robert Stiff and Adam Williams contributed to the round.
Tuesday, Feb. 16: Qualia raises $5.5M following BlueCava merger
Predictive analytics company Qualia has taken in $5.5 million in new funding following its merger with cross-device attribution platform BlueCava last month, according to AdExchanger. The series B round came mostly from Verizon Ventures, which had been an early stage investor in the company as well, with support from S3 Ventures.
Thursday, Feb. 18: TripTease hauls in $7 million to help hotels with booking
TripTease, which provides hotels the software to book reservations directly on their sites, eliminating the appeal of sites like Kayak for potential customers, has raised $7 million in Series A funding, according to Travolution. Returning investors Notion Capital and Episode 1 provided the funds. TripTease will put the capital toward product development.
Thursday, Feb. 18: ModoPayments secures $2 million to make paying easy
Digital payments system ModoPayments has raised $2 million in fresh capital, Dallas Business Journal reported. Tim Keith, CEO of Texas Central Partners LLC, led the round. ModoPayments will use the funding to facilitate growth in both staff size and deals done, aiming to “double on almost every dimension,” CEO Bruce Parker told the Dallas Business Journal.
Friday, Feb. 19: B2B Thrive Commerce racks up $875,000 to keep clients’ deals competitive
Promotions management solution startup Thrive Commerce has raised $875,000 in according to Business Insider. Thrive Commerce helps retailers build out their own deals service, eliminating the need for coupon middlemen like Groupon. Seamless founder Jason Finger, Ira Lubert, Dick Buell, Seth Besmertnik and Chris Cera provided the funding.
Monday, Feb. 22: Qubit collects $40 million to sharpen online ad strategies
Online marketing analytics platform Qubit has raised $40 million in Series C funding, according to a press release. Goldman Sachs led the round, which also saw participation from Sapphire Ventures, Accel Partners and Salesforce Ventures. Qubit will “double its engineering capability” with the funds.
Tuesday, Feb. 23: Raw Pressery rakes in $4.5 million for juice delivery service
Health beverage delivery service Raw Pressery has raised $4.5 million in Series B funding, TechCrunch reported. Raw Pressery, which already brings juice to homes in six Indian cities, is looking to expand across the Middle East and Southeast Asia and to build out its offerings from the relatively niche market of juice to all health food. Sequoia Capital, DSG Consumer Partners and Saama Capital provided the funding this time around.
Joseph Zappa is an editorial assistant at Street Fight.
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