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Athlete platform Strava secures $18.5m in funding

October 30, 2014

Series C

Professional meetings and workspace marketplace LiquidSpace has raised $14 million in Series C financing, in a round led by Roth Capital with participation from Shasta Ventures, Black Diamond Ventures and Lucas Venture Group. Liquid Space will use the funding to expand its products and scale the business. The company’s platform allows businesses and individuals to book meeting and office space across the U.S., Canada and Australia. “More and more work happens on the go, while most desks and commercial office buildings sit empty the majority of every day,” said Mark Gilbreath, founder and CEO of LiquidSpace. “Our platform gives people instant access to the great spaces that surround us. Increasingly, individuals and companies alike are embracing the idea that work isn’t a place we go, it’s something we do. LiquidSpace is enabling the masses to rethink work and to reimagine their workplace.”

Capriza, an enterprise mobility platform provider, has raised $27 million in Series C funding. Existing investors Andreessen Horowitz and Charles River Ventures (CRV) were joined by Tenaya Capital Harmony Partners and Allen & Company in the round. Capriza will use the funds to scale the business. “Capriza’s breakthrough approach to mobile applications gives enterprises 10X more mobility at less than 1/10th the cost. As an investor, that got me extremely excited,” said Ben Horowitz of Andreessen Horowitz,

Series D

Minted, which connects consumers with designers, has raised $38 million in a Series D round of funding led by Norwest Venture Partners with participation from Technology Crossover Ventures. The company has also announced it is expanding its businesses from stationary and art into textiles. Customers of the website will now be able to buy custom designed fabrics from artists around the world. “We are building on our heritage of gathering the finest artists in the world and identifying the best products to help them monetize their work,” said company founder and CEO Mariam Naficy. “We are enabling an untapped population of creative geniuses, while at the same time satisfying a massive consumer demand for unique products.”

Strava, platform connecting athletes, has secured $18.5 million in a Series D round led by Sequoia Capital. Sigma West and Madrone Capital Partners also participated in the round. The company will use the funds to expand its services around the world. “Strava is building tomorrow’s sporting network in the manner that Facebook and LinkedIn have developed today’s social and professional networks. Even for the hapless and occasional athletes at Sequoia, Strava has become the essential and amusing way to post and compare our woeful performances and share them with friends and family,” said Michael Moritz, Chairman of Sequoia Capital.

 

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Filed Under: Finance, Investment Round Up, Startups

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