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Radius raises $54.7m Series C round

September 23, 2014

Series A

The mobile ticketing app Gametime has raised $4 million from Accel Partners to grow its platform. Gametime is a mobile-only ticket aggregator that places a special emphasis on last minute tickets. The service currently supports sporting events in 18 American cities. Gametime joins SeatGeek as one of Accel’s mobile ticketing plays.

Series B

Jiff, a wearable technology firm that aims to align corporate health care plans with healthy workplace behavior, has raised $18.3 million from Venrock, Aberdare Ventures, and Aeris Capital. The company has now raised over $25 million since 2010. Jiff counts Qualcomm, Red Bull, and Uber as customers, and Welltok, Rally, and Keas as competitors.

Silvercar Inc. appears to be the latest company to be banking on a decline in car ownership among millennials, as it announced today that it had raised $14 million in Series B financing from Velos Partners, CrunchFund, and angel investors like Eduardo Saverin and Chris Dixon. Silvercar’s app allows travelers to rent Audi A4’s for $89 per weekday at the airport. The service currently operates in eight airports, while its CEO, Luke Schneider, was formerly CTO at Zipcar. “As automakers look to replace sales revenue with service revenue, companies like Silvercar become a more important part of the equation,” Schneider told The Wall Street Journal. Silvercar is based in Austin, TX.

Series C

Peter Thiel, John Mack, and actor Jared Leto are among those who participated in Radius’ $54.7 million Series C round. Radius, which provides a data analytics platform for B2B marketers while based in San Francisco, has now raised close to $80 million.

Teladoc, a Dallas, TX-based teleconferencing service for medical professionals, has secured  $50.3 million in new funding in a round led by Jafco Ventures. Jafco was joined by Cardinal Ventures and Kleiner Perkins, among others. Founded in 2002, Teladoc is the nation’s largest provider of healthcare teleconference solutions. The company’s 8 million members gain access to Teladoc through its contracts with major employers and insurance providers. The latest financing brings total venture funding to just under $75 million.

Agari, a cyber threat detection and prevention service with a focus on email, has secured $15 million in Series C financing to bring total funding to over $22 million. The round was led by Scale Venture Partners with additional participation coming from Alloy Ventures, Battery Ventures, and First Round Capital. The company was also named a Gartner “Cool Vendor” this year.

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Filed Under: Finance, Investment Round Up, Startups

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