Merchant Innovation

Crowdfunding And Raw-Data Evaluator Startups Score Funding Prizes

Several startups, including one led by astrophysicists, and a database-delivery provider highlight this week’s Startup Roundup.

VOLTDB – March 17, 2014 – $8 Million

VoltDB, a provider of an operational database that delivers high-speed data processing and immediately in-memory analytics, has closed $8 million in Series B funding, reports FinSMEs.

The round was led by an unnamed Silicon Valley investor, with participation from two additional independent backers as well as existing stakeholders Sigma Partners and Kepha Partners.

The funds will help accelerate sales and global expansion, according to the company.

Realty Mogul  – March 18, $14.6 Million

Realty Mogul, a property-focused crowdfunding startup, has raised $14.6 million in new equity.

Realty Mogul already was valued at over $100 million.

“The investments came from its 6,000 members who are accredited investors spread out in 58 properties in 14 states,” reports Venture Capital Post.

BitVore March 18 – $4.5 Million

Big data and intelligence-software developer Bitvore announced that it has closed $4.5 million in Series A funding.

The round reportedly was led by Yuri Pikover with $1 million in assistance from crowdfunding.

The company “has developed a near real-time automated intelligence gathering systems that scour public and private data sources like websites, blogs, social media and email to unearth information businesses can use for competitive advantage,” said BitVore leader Jeff Curie.

Wise.io March 17, $2.5 Million

Wise.io, a startup created by astrophysicists, announced last week that it successfully completed a Series A financing round of $2.5 million.

Wise.io enables companies to understand raw data and turn it into revenue.

Voyager Capital led the round.

The company’s platform of machine learning works similar to artificial intelligence.

JFDI Asia  March 18, $2 Million

Joyful Frog Digital Incubator, or JFDI Asia, which helps startups, announced last week that it has raised S$2.7 million ($2.1 million) in funding.

The round was led by Singapore Infocomm Investments, Fenox Venture Capital and Russian firm SpinUp Partners.

The funding represents a good sign for the startup economy in Southeast Asia.

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