Marketing intelligence company Datorama has secured $15 million in Series B funding in a round led by Market LLC and Innovation Endeavors. Previous investor Cedar Fund also participated. The company will use the new funding to invest in sales and marketing staff as it looks to expand into new markets. “Datorama provides a seamless, comprehensive and lightning-fast platform that is easy for anyone to deploy and use,” said Marker LLC Partner Rick Scanlon. “With Datorama, marketers are able to show meaningful improvements in top-line performance and unit economics, all without having to dedicate resources to pulling together and making sense of disparate data.”
Remind, which securely connects teachers, parents and students through a mobile platform, has secured a $40 million Series C round. Existing investor Kleiner Perkins Caulfield & Byers led the round, while Social + Capital Partnership and First Round also participated. The company currently boasts around one million teachers and 17 million students as users. Remind has raised $59 million to date. “Remind originated from the idea of what the world could look like if we could make it easier for millions of teachers to personally connect with students and their families,” said Brett Kopf, CEO and cofounder of Remind. “We exist because of teachers and this latest funding round will keep us working hard to ensure we are meeting the needs of educators across the world.”
Credit Karma, a consumer finance company, has raised $75 million in growth funding from Google Capital, Tiger Global Management and Susquehanna Growth Equity, all of which are previous investors. The round reportedly values the company, which provides free credit scores and helps consumers find credit cards and other financial products, at over $1 billion. “We believe this investment speaks to two themes: Continued confidence that we are the industry’s leading consumer credit and finance platform, and repeated strong consumer demand for our product,” said Ken Lin, CEO and founder of Credit Karma. “Today’s complex marketplace requires a pro-consumer resource that makes financial comprehension easy, transparent and empowering. Credit Karma delivers that.” Credit Karma has now raised $193 million to date.
Netpulse, a digital platform for the fitness sector, has raised a new round of funding worth $18.6 million led by Nokia Growth Partners. August Capital, Javelin Venture Partners, DFJ Frontier and Docomo Capital also participated. The company has now raised a total of $40 million. “Our platform provides club operators with a turnkey solution to participate in the industry’s digital transformation. Clubs are now able to provide new services to increase engagement and generate new sources of revenue by reaching the members via mobile and connected products,” said Bryan Arp, Co-Founder and CEO of Netpulse.