Datanyze, a sales prospecting solution, has secured $2 million in seed funding in a round led by IDG Ventures. Google Ventures, Mark Cuban, AngelList, Gil Penchina, Neeraj Agrawal, Jeff Epstein and Kyle York also participated. Datanyze helps salespeople uncover who is using competitor’s software and when potential clients’ renewal dates are approaching. The company was founded in 2012 and will use the funds to expand its team and build out its product. “Our goal is to become the de facto lead generation solution for every technology provider,” said Datanyze Founder and CEO, Ilya Semin. “This means continuing to find innovative ways to serve our technology data and providing sales teams with accurate information on the companies and people behind each website.”
Feedvisor, a Red Herring Top 100 Europe award winner, has raised $6 million in Series A financing, in a round led by Square Peg Capital. The Tel-Aviv-based company provides an algorithmic pricing and business intelligence platform for online retailers. Feedvisor previously raised funds in October 2013, securing $1.7 million in seed capital from JAL Ventures, Oryzn Capital and Micro Angel Fund, who also participated in the latest round. “Combining Big Data technology with machine learning algorithms has led to drastically increased performance levels for Feedvisor’s clients, with up to 500% increase in their sales and 40% increase in their profit margins,” said Victor Rosenman, CEO and Founder of Feedvisor. “With this substantial funding round we are looking to further evolve our pricing algorithms and continue developing our BI platform, to optimize every aspect of the retailer’s business operation.”
ZipRecruiter, a hiring platform for small and medium sized businesses, has closed a $63 million Series A round of funding led by Institutional Venture Partners with participation from Basepoint and Industry Ventures. The company will use the funds to develop new products, make acquisitions and scale infrastructure. ZipRecruiter was founded in 2010 and connects small businesses to potential employees. “Taking funding allows us to develop new products and put the systems and people in place needed to maintain the level of quality ZipRecruiter customers have come to expect. We selected IVP from among multiple top-tier firms because we greatly value their collaborative approach to working with the management teams of high growth technology companies,” said Ian Siegel, CEO and Co-Founder at ZipRecruiter.
India-based mobile messaging app Hike has raised $65 million in new funding from Tiger Global. BSB, a joint-venture between Bharti Enterprises and Softbank, also participated. The company has now raised over 485 million to date and will use the funds for product development and marketing, according to The Economic Times.