Raise Report: Privy, Reflektion, InVision Lock Down New Funding
Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Monday, Oct 23: ActionIQ Picks Up $30 Million to Break Down Data for Marketers
Andreessen Horowitz led the Series B round, AdExchanger reported. ActionIQ takes massive amounts of data and distills them into digestible information on which marketers can act. The funds will fuel growth and help ActionIQ expand.
Tuesday, Oct 24: Wibbitz Locks Down $20 Million to Help Publishers with Video
Bertelsmann Digital Media Investments led the Series C round, Recode reported. Wibbitz sells software to media companies, which can use it to create quality videos quickly. Wibbitz will use the capital to grow its staff and develop its product.
Wednesday, Oct 25: Connatix Scores $15 Million to Build Native Video ‘Experiences’
Volition Capital provided the Series A capital, AdExchanger reported. Connatix helps publishers craft native videos that fit into the themes and designs of their sites and keep visitors coming back. The funding will be put toward domestic expansion across the U.S. as well as sales and marketing.
Friday, Oct 27: Reflektion Raises $12 Million for E-Commerce Marketing
Hasso Plattner led the extended series B round, Retail Touch Points reported. Reflektion harnesses the power of machine learning to anticipate what e-commerce customers desire and present it to them. Reflektion will use the funding to improve its product and expand across the globe.
Wednesday, Nov 1: InVision Secures $100 Million to Provide Top-Notch Digital UX
Battery Ventures led the round, VentureBeat reported. InVision’s platform helps sites craft an attractive and efficient digital product that will retain visitors’ interest. The funds will be used for product development and staff growth.
Thursday, Nov 2: Instart Logic Snaps Up $30 Million to Boost Digital Companies
ST Telemedia led the Series E round, TechCrunch reported. Instart Logic will use the capital to expand across the globe and expand its platform’s capabilities. The company offers a range of products intended to strengthen digital businesses, including image and performance optimization tools and a content delivery network.
Thursday, Nov 2: Glint Rakes In $20 Million to Keep Employees Happy
Bessemer Venture Partners, Meritech Capital Partners, Norwest Venture Partners, and Shasta Ventures participated in the Series D round, TechCrunch reported. Glint provides a platform that helps businesses gauge their employees’ satisfaction via surveys and machine learning-supported analytics. The money will help Glint grow and expand overseas.
Thursday, Nov 2: Privy Scoops Up $2 Million to Help SMBs Succeed at E-Commerce
Accomplice, Kiwi Ventures, and angel investors provided the funding, according to a blog post. Privy provides digital marketing software that helps small- to medium-sized e-commerce businesses connect with customers and facilitate sales. The funding will allow Privy to build out its product.
Joseph Zappa is Street Fight’s news editor.
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