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Here’s our roundup of all the notable funding news of the day:
Seedcamp takes $30M
Seedcamp, an investment firm specializing in providing seed funds to startups, has raised a new $30 million round of funding to scale up its operations. Seedcamp said it wants to move beyond its reputation as a startup accelerator and take bigger action when the mood strikes. The new funding will enable the company to back 100 startups within the next four years and acquire additional funds for follow-on investments.
Read more on VentureBeat: Seedcamp gets $30M to expand, scale, and become more than a 'startup accelerator'
NetDocuments raises $25M
NetDocuments, a provider of document- and email-management services for law firms, has picked up a $25 million round of investment. The company offers its document-management software as a service (in other words, a software-as-a-service model) in exchange for subscription fees. Law firms and financial-services companies are its primary users, according to the company's website, although real estate, health care, and accounting firms also work with it.
Read more on VentureBeat: NetDocuments scores $25M for its cloud-based document-management tool
RedMart nabs $23M
Singapore-based online grocery startup RedMart announced today that it has raised a new $23 million round of funding, the company’s second to date. Garena, SoftBank Ventures, Visionnaire Ventures, and Facebook co-founder Eduardo Saverin led the round.
Read more here.
Motiga takes $20M
Motiga, an indie game studio, announced that it has raised $20 million to build a free-to-play gaming empire. Its first major project is Gigantic, an action game where heroes battle alongside a massive guardian. The ambitious title and large amount of funding show that the stakes are getting bigger in free-to-play gaming, which has become a multibillion-dollar market thanks to titles like Riot Games' multiplayer online battle arena (MOBA) game League of Legends. Bellevue, Wash.-based Motiga hopes to fit into this universe with a genre-bending game that combines action and strategy in a fantasy world. The company plans to launch the title in 2015 on the PC.
Read more on VentureBeat: With $20M in backing, Motiga unveils Gigantic free-to-play action game (exclusive)
Captricity grabs $10M
Captricity, a startup that helps enterprises digitize their paperwork, faxes, scans, mobile phone photos, and handwriting, is expanding. The startup hopes to serve more enterprise customers, especially those in the health system including government agencies, insurance companies and health care companies. With that goal in mind, the startup announced a new $10 million round this morning as well as a partnership with New York Life Direct, a division of the life insurance company New York Life, to digitize a large number of paper-based sales leads.
Read more on VentureBeat: Captricity raises $10M to grow its business of digitizing paperwork for enterprise customers
Plastiq closes $10M
Payments startup Plastiq closed new $10 million round of funding today to let people pay with their credit cards anywhere. The startup’s service basically lets people use their credit cards to pay for a list of things that traditionally required paper checks, wire transfers, money orders, or ACH (Automated Clearing House) payments. For a small fee (between 1.89 percent and 2.89 percent of the transaction), people can use their card to pay in place of those aforementioned transaction methods. Some banks, such as Bank of America, already offer services that will mail paper checks to landlords and other merchants, but Plastiq is taking a more universal approach.
Read more on VentureBeat: Ditch your checkbook: Plastiq nabs $10M to let you pay for anything with a credit card
Bay Dynamics scores $8M
BI startup Bay Dynamics closed a fresh $8 million round of funding, the company announced. The San Francisco-based startup provides companies with information on risk intelligence. Comcast Ventures led this A round.
Read more here.
Autobutler takes $7.9M
Car startup Autobutler closed a new $7.9 million round of funding, the company announced today. Autobutler offers an online platform for car repairs. The fresh investment was led by Index Ventures, and Autobutler said it plans to use the additional capital to expand across Europe.
Read more here.
Neon Labs raises $4M
San Francisco-based startup Neon Labs announced a new $4 million round of funding. The startup uses cognitive science to identify which thumbnail to serve to consumers to drive video views. Additionally, Neon Labs announced a new partnership to bring its technology to digital publisher IGN’s online publications. As for the funding, Mohr Davidow Ventures led the round, with participation from prior investor True Ventures and technology exec Steve Blank. The additional capital will let Neon grow its operations and advance its partnership with cloud-based video service company Brightcove, that startup said.
Read more here.
MobileX Labs grabs $1.5M
Chicago's MobileX Labs says it is bringing low-cost democracy to the app store. The company just announced $1.5 million in seed funding to move the needle forward as it launches a beta of MXL Build, a DIY development environment that requires no coding experience. Mobile application targets include both iOS and Android.
Read more on VentureBeat: MobileX Labs announces $1.5M in funding to 'democratize' app stores
