Raise Report: New Funding for Bridge2 Solutions, BigCommerce, Big Panda
Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Monday, May 9: Bridge2 Solutions Scores $35 Million for Loyalty Tech Solution
Bridge2 Solutions, which connects members of loyalty and rewards programs with the businesses that offer those programs, bolstering the rate at which rewards offers turn into transactions, has raised $35 million in funding. Updata Partners furnished the funds, which Bridge2 Solutions will use to try its hand in new verticals and further conquer other markets.
Wednesday, May 11: BigCommerce Lands $30 Million for Online Retail Platform
E-commerce platform BigCommerce announced $30 million in new funding this week, Retail Business Review reported. GGV capital led the round, which will help BigCommerce continue to grow.
Monday, May 16: Grey Jean Technologies Launches with $2 Million in Seed Funding
Grey Jean Technologies, which offers businesses Genie, its AI-powered content recommendation engine, has raised $2 million in seed funding from angel investors and its own president, Cosmas Wong, MediaPost reported. The company plans to grow its staff across a number of departments.
Tuesday, May 17: BigPanda Closes $21 Million Series B for Data Aggregation
BigPanda, which sifts through the many morsels of IT data available to businesses to provide them with comprehensive insight, has announced an additional $5 million in Series B funding, bringing the round’s total to $21 million. Sequoia Capital, Battery Ventures, Mayfield, and Pelion Venture Partners participated in the round. The company will use the cash infusion to grow its U.S. staff and expand its data science platform.
Tuesday, May 17: Unacast Grabs $5 Million to Expand Beacon Network
Unacast, which sets up beacon networks, pooling the data various beacon companies have amassed to provide businesses with a full view of advertising efficacy, has raised $5 million in fresh funding, Street Fight reported. Open Ocean Capital and Investinor led the round, which will help Unacast establish more partnerships and strengthen its beacon networks.
Thursday, May 19: BeMyEye Bags €6.5 Million for “Mobile Crowdsourced Data Insight”
BeMyEye, a London-based startup that hooks up companies looking for local data insight with mobile users who can perform given tasks for them, has raised €6.5 million, TechCrunch reported. Nauta Capital, P101 and 360 Capital Partners provided the Series B funds. BeMyEye will use its new cash to grow internationally and refine its product.
Joseph Zappa is a Street Fight contributor.
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