North Technologies, a mobile app incubator started by Digg founder Kevin Rose, has raised $5 million in seed funding from Redpoint Ventures, Greylock Partners, Google Ventures, and True Ventures. The San Francisco-based incubator currently boasts two apps: Tiiny, a video and photo sharing app, and Watchville, an aggregator of wristwatch-related news. Along with the announcement came news that Rose would formally be stepping down from his current role as a venture partner with Google Ventures.
BlockCypher, a block chain web service that enables enables developers to build Bitcoin functionality into their sites, has secured a $3.1 million Seed round. Investors include Tim Draper, New Enterprise Associates, Granite Ventures, and AME Cloud Ventures.
GGV Ventures, AME Cloud Ventures, Digital Sky Technologies, and Founders Fund are among those to invest in Boxed‘s $25 million Series B. The Boxed mobile app facilitates bulk purchases that otherwise would take place at big box retailers like Costco and Sam’s Club. The company has now raised $32.6 million.
Data collection, storage, and analysis platform Treasure Data has raised $15 million from Scale Venture Partners and returning backers Sierra Ventures and AME Cloud Ventures. Treasure Data is a Heavybit Industries portfolio company.
The similarities between Moovit and Waze are obvious: crowdsourced traffic information platforms originally founded in Israel. It goes without saying then that investors in Moovit’s $50 million Series C, which included Sequoia Capital, Nokia Growth Partners, and Gemini Israel Ventures, are eyeing a Waze-type exit.
Travice, the operator of the Chinese taxi hailing app Kuaidi Dache, has raised a reported $600 million from SoftBank and Alibaba. With the investment, Alibaba joins its two domestic competitors in the ride-hailing app market. Tencent has a stake in Didi Dache, while Baidu has invested in Uber.