Anonymous sharing app Secret has raised $25 million in Series B funding. Index Ventures, Redpoint Ventures, Gary Tan and Alexis Ohanian, SV Angel, Fuel Capital and Ceyuan Ventures all participated in the round. The San Francisco-based company has already raised over $36 million since it was founded last year. Secret also announced new features such as the ability to log in with Facebook and collate posts.
RedMart, a grocery delivery service based in Singapore, has raised a Series B funding round worth $23 million. Existing investors Eduardo Saverin and Garena joined new investors SoftBank Ventures and Visionnaire Ventures in the round. RedMart was founded in 2011 and will look to boost growth within Singapore using the extra funds, and will now offer fresh food delivery.
Captricity, an enterprise data capture company, has secured $10 million in a Series B round led by Atlas Venture. Social+Capital also participated in the round, which brings Captricity’s total funding to $17 million. The company is planning to use the funds for product development and hire employees. Captricity’s offering helps companies digitize paperwork.
Fangdd, a Shenzhen, China-based real estate platform, has raised an $80 million Series B round from Vision Knight Capital China Fund, Lightspeed China Partners and previous investor CDH Venture. Fangdd was founded in 2011 and provides marketing services to property developers, home buyers and brokerage agencies. Fangdd works with more than 5,000 real estate agencies countrywide and operates in more than 30 cities across China, according to company data, which also reveals turnover reached around $8 billion in the first half of the year.
MTPV Power Corporation, a clean energy company, has raised $11.2 million in a Series B funding round led by Northwater Capital Management’s Intellectual Property Fund. Investors included Total Energy Ventures, Saudi Arabian petrochemical firm SABIC, Point Financial, Spinnaker Capital, Ensys Capital, the Clean Energy Venture Group and several other existing shareholders. MTPV’s technology allows the company to convert heat into electricity using semiconductor chips.
Social analytics provider NetBase has completed a Series D investment round worth $15.2 million from Thomwest Ventures, Altos Ventures and WestSummit Capital and SAIF Partners. NetBase has now raised a total of $51.8 million and will be put towards the continued expansion of the company.
NetDocuments, which provides document and email management services to law firms, has secured a $25 million round of venture funding. Frontier Capital provided the funding to the company, which operates with a software-as-a-service model. “As our research shows, NetDocuments is the only pure play software-as-a-service provider of document management in the legal industry, which is just beginning to realize the benefits of cloud computing,” said Frontier partner Michael Ramich, in a statement.