Deals - Q1 2014 Review - The Next Generation [slideshow]

 
 

Deals - Q1 2014 Review - The Next Generation


Over the past couple of days, we've been taking a look at some of the major deals over Q1 2014.

On Tuesday, we highlighted The Big Ones (exited or ready for one), yesterday we listed The Next Level (mid-stage companies).

Today, we are going to take a look at The Next Generation, meaning companies that have raised a seed or a Series A round of funding.


* Sprout cover photo from Shutterstock

Dunwello raised $1.4M in funding



Matt Lauzon's (Founder of Gemvara) latest company is Dunwello, a professional tool to help you be both happy and productive at work.

Dunwello raised $1.4M in funding. 

Investors: NextView Ventures, G20 Ventures, the Vegas Tech Fund, Bridge Boys, Axel Bichara, Gautam Gupta, Jeremy Hitchcock and Mark Guadagnoli.
 

PillPack raised $4M in funding




PillPack is disrupting the pharmacy industry with a better and more personalized experience and convenient packaging.

PillPack was part of last year's Spring Techstars class.  They announced $4M in funding from Atlas Venture and Founder Collective.


 

Drizly raised $2.25M in funding


Need beer, wine, or liquor delivered?  There's an app for that!

Drizly, the Amazon of alcohol delivery, raised $2.25M in funding.  The company was founded by three Boston College classmates. 

Their investment came via Atlas Venture's AngelList syndicate, plus Abundance Partners, Breakaway Ventures, Continental Advisors, Fairhaven Capital, Reynolds & Company Venture Partners, and many local Boston angels.  
 

CO Everywhere raised $6M in funding






CO Everywhere, the hyper-local location services app, raised $6M in funding led by Morningside Group.
 

Rocketmiles raised $6.5M in funding




Rocketmiles is located in both Boston and Chicago. They are a travel booking site that helps consumers get on vacation faster through a new class of miles incentives.

They raised $6.5M in Series A funding. Investors: August Capital, Atlas Venture, Peterson Ventures, Link Ventures, Chicago Ventures, & Sam Yagan (CEO of Match.com).
 

HourlyNerd raised $4M in funding




HourlyNerd, an online marketplace that connects small businesses with top MBAs for freelance consulting. 

They raised $4M for their Series A funding. Investors:  Greylock, Highland Capital, Mark Cuban & Bob Doris.
 

Codeship raised $2.6M in funding




Codeship, a continuous deployment platform that automates software deployment, raised $2.6M in funding.  They were also part of the Spring 2013 Techstars class.

Investors:  Sigma Prime Ventures, Boston Seed Capital, Devonshire Investors, and some angels.
 

Change Collective raised $1.4M in funding




Change Collective, a life betterment site/mobile app with a mission to give people "the tools to succeed with change," raised $1.4M in funding. 

Investors:  NextView Ventures, Founder Collective, and Eniac Ventures.
 

ClearSky Data raised $12M in funding


Ellen Rubin & Lazarus Vekiarides launched ClearSky Data, a stealth-mode startup with $12M in funding

Ellen previously founded CloudSwitch, which was acquired by Verizon.  Lazarus was an early team member at EqualLogic.

Investors:  Highland Capital Partners & General Catalyst.



Photo credit: Scott Kirsner's Innovation Economy post.
 

Confer raised $8M in funding






Confer, the first company to offer endpoint security via an open, threat-based, collaborative platform, raised $8M in funding.

Investors:  Matrix Partners & North Bridge Venture Partners
 

MachineShop raises $3M in funding






MachineShop, the internet of services company, launched out of stealth mode and raised $3M in funding.

Investors:  CSR, Diebold, and Xchanging plc.

ZappRx raised an additional $1M in seed funding





ZappRx, the specialty pharmacy care coordination platform, raised an additional $1M in seed funding (on top of the $1M they raised previously).

Investors:  Atlas Venture, SR One (the venture arm of GlaxoSmithKline).
 

Kensho raises $10M in funding


Kensho, a pioneer in cloud-based intelligent computer systems capable of answering complex financial and market research questions posed in natural language, raised $10 million in seed funding.

Investors:  General Catalyst, NEA, Accel Partners, Google Ventures, Devonshire Investors (the private equity arm affiliated with Fidelity Investments), and other VCs participated