StratuSee Technologies

Feb 4, 2014

Here are the day’s funding stories: Sqor raising $13.5M to connect athletes with their fans Sqor is aiming to take its sports-centric social networking effort to the next level with a $13 million cash infusion — its first substantial outside financing. Ahead of a major platform update in February, the San Francisco-based startup has raised more than $4.4 million of a planned $13 million funding round, according to a document filed with the Securities and Exchange Commission on Monday. The company soft-launched its iPhone app last May, enabling sports fans to follow and engage with more than 1,200 professional athletes on the platform. Part of the draw for athletes lies in Sqor’s revenue-sharing model. Former Green Bay Packer quarterback Brett Favre is an early Sqor backer and proponent. Ravel Law raises $8M to help lawyers gather data A startup called Ravel Law exclusively disclosed to VentureBeat that it has raised $8.1 million in funding today led by New Enterprise Associates (NEA) and North Bridge Venture Partners, with participation from The Experiment Fund and Work-Bench. NEA’s Patrick Chung will join the startup’s board of directors along with North Bridge partner Jonathan Heiliger, who served as Facebook’s vice president of technology operations from 2007 to 2011. Read the whole story on VentureBeat. StratuSee raises $2.2M to help more companies tap the cloud StratuSee Technologies, a stealthy startup based in San Jose, Calif., has raised $2.2 million, according to a filing with the U.S. Securities and Exchange Commission . The startup, which started last year, will “basically provide cloud services for the enterprises transforming from on-premises [operations] into the cloud,” said Feng Zou, a StratuSee executive, in a conversation with VentureBeat. “We provide kind of deeper visibility and control for their cloud applications.” The company will provide software and services, Zou said. CloudOne raises $3M to be a ‘software vending machine’ for IBM CloudOne has raised $2.96 million for its IBM software-as-a-service. CloudOne works with IBM customers to create virtual private clouds, flexible licensing for IBM software, and managed service. Investors in the Indianapolis-based company include retired NFL player Ryan Diem, HKS Capital Advisors, Elevate Ventures, and former executive VP of Illinois Tool Works Ron Seager. CashBet raises $1.7M for real-money online gambling CashBet has raised $1.7 million in angel funding for a platform that enables developers to build real-money gambling into their social and mobile games. The company aims to run a business that will enable more companies to bridge the game between the multibillion-dollar markets of mobile games and online gambling. The Oakland, Calif.-based company received the money from FWH Holdings and private investors, and it will use it to develop its online gambling platform. Read the rest on VentureBeat. DataRank gets $1.4M for brand-analytics platform Companies are eager to make sense of all of the online conversations happening around their brands, which is something that could ultimately be a goldmine for a decent analytics tool. DataRank , a Y Combinator alum based in Fayetteville, Ark., is the latest to enter the fray with its social analytics platform. The company has raised $1.4 million in seed funding from New Road Ventures and FundersClub, according to TechCrunch, and it differentiates itself from other analytics platforms with a focus on consumer products. Tinder competitor Mbrace nabs seven-figure funding round Mbrace, the Berlin-based “social discovery app,” has announced a seven-figure funding round from Paua Ventures, IBB Beteiligungsgesellechaft, Astutia, and multiple business angels. The app enables users to meet and date new acquaintances. Founded by former HitFox cofounder Ruben Haas, along with AppLift’s Lukas Krauter and ad2game’s Jan Tillman, the startup launched in summer 2013. It will use the fresh capital to improve user experience, add new features, increase its team, and launch the app in new cities. Read more on VentureBeat. Topics: