Red Herring

THE BUSINESS OF TECHNOLOGY

  • Startups
  • Mobile
  • Enterprise
  • Consumer
  • Social
  • Events

Shopkeep secures $25m funding round – Investment Round Up

April 24, 2014

Series A

Menlo Park cyber security company Synack Inc. has raised $7.5 million in a Series A round. Kleiner Perkins led the investment, which saw contributions from Google Ventures and current backers Allegis Capital, Greylock Partners, and Shape Security CEO Derek Smith. Total backing behind Synack now exceeds $9 million; the company had earlier gained $1.5 million in seed capital.

Swiss biopharma CRISPR Therapeutics has received $25 million in a Series A funding from Versant Ventures. The company concentrates on the gene-editing technology CRISPR-Cas9, says a press release.

Series C

New York’s Shopkeep POS has secured $25 million in a Series C investment round led by Thayer Street Partners. Current backers Canaan Partners, TTV Capital, Contour Venture Partners and Tribeca Venture Partners contributed. ShopKeep POS is a Red Herring 2013 Top 100 North America Winner. Funding will go towards enabling “more brick-and-mortar small businesses ditch their cash registers,” says a press release.

Funding

Munich-based biotechnology company Isarna Therapeutics GmbH has gained €5.5 million ($7.6 million) from existing backers such as AT NewTec, MIG Fonds, and Global Asset Funds. The company additionally revealed a new CFO and Chief Business Officer, Elizabeth Czerepak.

Flash sales platform SecretSales.com has announced it secured £4.5 million ($7.6 million) in fresh funding. Partech Ventures, 123Venture, Doughty Hanson and Pentech invested in the round, the company’s third. London-based SecretSales.com ramped up net sales by 70 percent last year and has become the U.K.’s leading fashion flash sales business, according to the company.

Columbus, Ohio Payments-as-a-Service company 2Checkout has finished the last tranche of a $60 million funding round. Chicago Growth Partners and Trident Capital led the investment; management and strategic individuals contributed, says a press release. The company provides services to upwards of 22,000 merchants around the globe.

M&A

Online marketplace Etsy is buying technology marketplace Grand St. Both companies are based in New York. Grand St.’s team will head to Etsy; financial terms of the deal were not disclosed.

Helsinki, Finland-based ProtoGeo Oy and its activity app, Moves, have been picked up by Menlo Park social media titan Facebook. The app had racked up 4 million downloads. “The Moves experience will continue to operate as a standalone app, and there are no plans to change that or commingle data with Facebook,” says Moves.

Boston-based programmatic marketing software company DataXu has revealed its acquisition of San Francisco’s JasperLabs, which delivers dynamic creative optimization (DCO) software. The companies have been collaborating for more than a year to provide campaigns for clients such as BSSP and Essence Digital, according to a press release.

New York collaboration services company Intralinks Holdings, Inc. has revealed its acquisition of Cambridge, MA document security company docTracker. Intralinks’ filing with the SEC unveiled the all-cash deal came to $10.0 million, “plus any cash of docTrackr and less any indebtedness or other liabilities of docTrackr,” according to the Form 8-K.

 

  • 
  • 
  • 
  • 

Filed Under: Finance, Internet, Startups

Related Articles

  • Meta Hit With Record 1.2bn Euro Fine 
  • Microsoft and Alphabet Report Disappointing Q3 Earnings
  • Bitcoin Hits Two-Year Low as FTX Fallout Continues 

Widget Spacer

Top 100

The Red Herring Top 100 awards highlights the most exciting startups from Asia, Europe and the Americas.

Learn More

Upcoming Events

  • Top 100 Asia

  • Top 100 North America

  • Top 100 Europe

Widget Spacer

Guest Column

What is a Learning Management System?

Rouben David, of CourseForMe.com, outlines the features and benefits of

Widget Spacer

Subscribe

Subscribe now to get event news and updates delivered right to your inbox:

Widget Spacer

#DigitalHerring Tweet

My Tweets
  • About
  • Press & Media
  • Contact Us
Red Herring LinkedInRed Herring Facebook

Copyright © · Red Herring, Inc.

Copyright © 2025 · Red Herring Theme on Genesis Framework · WordPress · Log in