The Mumbai-based digital photography service Zoomin.com has secured an $8 million venture round from investors First Round, Lightbox Ventures, and Gund Investment, LLC. Zoomin.com allows users to store and share high quality photos online, and then order prints through delivery serivces available in India, the U.S., the U.K., and Canada. Zoomin will use the funds for its acquisition of San Francisco-based photography company Photojojo.
Plasticity Labs, which uses data analytics to improve morale in the workplace, has raised $2.1 million in Series A funding, according to TechCrunch. The Canadian company will use the latest funds to boost sales and development. Plasticity Labs is co-founded by Jim Moss, a former professional Lacrosse player who recovered from a post-viral disability which had left him unable to walk.
What do Peyton Manning, Nas, and John Locke (the Accel Partners partner, not the philosopher) have in common? They all participated in SeatGeek’s $35 million Series B round. The five-year old ticket search engine is based in New York and also received funding from Melo7 Ventures (Carmelo Anthony’s new VC fund), fellow NBA players Shane Battier and Mike Dunleavy, Jr., and Stanford University. Accel Partners, meanwhile, has previously invested in GameTime, another ticket aggregator. SeatGeek will use the funds to increase marketing and for mobile app development.
IFTTT, an internet connectivity company based on “If..then” statements, has raised $30 million from Norwest Venture Partners and existing backer Andreessen Horowitz. Total funding for the four year old San Francisco-based company has now reached $38.5 million. The company’s name IFTTT is an acronym for “If This Then That” and its service allows consumers to create their own switchboard for the Internet.
Add JustFab to the list of e-commerce platforms with $1 billion valuations. The Los Angeles-based company’s $85 million round was led by the hedge fund Passport Capital with additional participation coming from Technology Crossover Ventures, Matrix Partners, Shining Capital. JustFab is on pace to do $400 million in revenue by selling only $39.95 shoes and handbags to its subscribers, according to the Wall Street Journal. JustFab has now raised a total of $250 million in funding and will use the latest cash injection to invest in exisiting products and services. Earlier in the week, Jessica Alba’s The Honest Co. raised $70 million to the tune of a $1 billion valuation from a similar mix of hedge and mutual funds.