Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Monday, February 13: Bolstra Secures $1.5 Million for Customer Engagement Platform
Allos Ventures and 4G Ventures led the round of seed funding, the company announced. The platform helps software-as-a-service companies maximize their own products’ ability to reel in customers and keep them coming. Bolstra will invest the funding in product development and overall growth.
Tuesday, February 14: NewsWhip Rakes in $6.4 to Provide Data on Trending News
Tribal Ventures, the Associated Press, Enterprise Island, and others contributed to the Series A round, Tech EU reported. NewsWhip will use the funding to strengthen its platform, which news agencies can use to stay abreast of the news.
Wednesday, February 15: uShip Takes In $25 Million for Online Shipping Solution
DB Schenker led the Series D round, Silicon Hills reported. uShip will put the funding toward accelerating product development.
Friday, February 17: ReplyYes Raises $6.5 Million for Mobile Commerce
Madrona Venture Group led the round, VentureBeat reported. ReplyYes, which offers a platform that allows brands to sell products via messaging services, will use the funding to improve its product.
Friday, February 17: Sun Basket Lands $15 Million for Organic Meal Delivery
Sapphire Ventures led the Series C round, TechCrunch reported. The meal-kit service optimized for healthy and environmentally friendly choices will put this round of funding toward to invest in its staff, its marketing efforts, and its infrastructure.
Monday, February 20: TVSquared Picks Up $6.5 Million to Optimize Brands’ TV Ad Spending
West Coast Capital and Scottish Investment Bank participated in the round, VentureBeat reported. Brands relied on TVSquared to determine how to get the most bang for their bucks when advertising via television. The company will invest the capital in its product and staff.
Wednesday, February 22: Voysis Scores $8 Million to Launch Voice AI Platform for Businesses
Polaris Partners led the Series A round, TechCrunch reported. Voysis has built an AI platform that allows businesses to build their own voice assistants in order to boost customer engagement. The money will go toward staff expansion and a new office in Boston.
Joseph Zappa is Street Fight’s news editor.
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