Dave Dirks

109 Flips | 1 Magazine | 7 Followers | @davedirks | VC & M&A lawyer, investor, mentor

Cab hailing app GetTaxi gets $150M to take on Uber

Programming Startup Famo.us Gets $25 Million to Make JavaScript More Famous

Can the platform make the programming language cool and app development accessible?<p>Famo.us, an unusual programming startup that allows users to make nifty mobile apps using JavaScript, has raised $25 million in additional funding and added high-profile investor Jerry Murdock to its board.<p>The new …

StrataCloud raises $2M to keep on rocking with its data center management software

Virtualized data centers that run lots of virtual machines for handling applications on every single server can save you a lot of money. But managing these virtual machines along with regular, non-virtualized servers might not be easy. StrataCloud, a startup that helps manage VMware-based data …

Luminal Closes $10M Series B Round For Its Cloud Management Service

Luminal, a Maryland-based service that helps businesses manage their cloud deployments, today announced that is has secured a $10 million Series B round led by New Enterprise Associates. This brings the company’s total funding to $13.8 million. Previous investors include Core Capital Partners and …

DripDrop's rehydration powder gets $5.6M from Sammy Hagar, the Grateful Dead's Bob Weir

Everyone now and then, we stumble upon a strange product that’s somehow attracting multiple celebrities’ money, and we have to stop, look, and ask, “What in the world is going on?”<p>This time, it’s DripDrop, a medical-grade rehydration solution, which has just scooped up a nice $5.6 million in …

Luminal raises $10M to push a new way to manage cloud infrastructure

Luminal, a stealthy startup that’s developed what its chief executive describes as a new model for deploying and operating cloud infrastructure, announced today a $10 million round of new funding.<p>Josh Stella, Luminal’s chief executive and founder, says the architecture of the startup’s technology …

Buddytruk Is A Sharing Service Like Lyft For Moving

With sharing services like Uber and Lyft becoming more and more popular, it’s no surprise to see these ideas branch out into different services such as moving.<p>Buddytruk is a peer-to-peer, on-demand moving and hauling platform that lets people with trucks or minivans apply to become a mover.<p>The iOS …

Fresh Off Of Raising $30M, BitPay Staffs Up In San Francisco With Visa, PayPal Alums

Three months after raising a staggering $30 million Series A round of capital, BitPay has staffed up its San Francisco contingent with a few hires that are worth noting. Currently, BitPay has 40,000 merchants signed onto its service, which helps companies of all stripes accept payment for their …

LatAm’s Navent Takes In Another $20M For Its Regional Online Classifieds Empire

Navent, a Latin American real estate and jobs classifieds company which last raised funding back in November 2012, has closed a $20 million Series C round of funding from global technology private equity firm Riverwood Capital. Navent’s focus is online real estate and jobs classifieds.<p>As with its …

GoGoVan Raises $6.5M Series A To Expand In Asia

Hong Kong-based GoGoVan, an app that connects van drivers and users for on-demand delivery services, announced today that it has completed a $6.5 million Series A led by Centurion Private Equity.<p>The company, which launched in July 2013 and currently has access to 18,000 registered commercial …

Club Penguin Founder Lane Merrifield Raises $4.3 Million for FreshGrade

Club Penguin founder Lane Merrifield has secured $4.3 million in seed funding for his new venture, FreshGrade. The technology seeks to give parents a better window into their child’s academic performance, and give teachers new tools to assess each student’s performance. FreshGrade received backing …

Luminal Closes $10M Series B Round For Its Cloud Management Service

Luminal, a Maryland-based service that helps businesses manage their cloud deployments, today announced that is has secured a $10 million Series B round led by New Enterprise Associates. This brings the company’s total funding to $13.8 million. Previous investors include Core Capital Partners and …

Google snags Instagram-scanning city guide startup Jetpac

Google's summer of startup acquisitions rolls on, ladies and gentlemen. In today's installment, the search giant snapped up a San Francisco-based travel startup called Jetpac for (you guessed it!) an undisclosed lump of money. As is the case with plenty of new ventures, Jetpac has gone through a …

Yahoo Grabs An Israeli Startup For More Than $15 Million

While Yahoo executives Friday did not disclose the full details of the deal, experts estimated that the Israeli company would receive between $15 to 25 million, according to the Marker.<p>ClarityRay, a small, six person venture, was founded in 2012, after raising half a million dollars with the help …

FreshGrade takes in $4.3M to get more teachers to take schoolwork digital

Education software firm FreshGrade just took $4.3 million in seed funding to help teachers manage student work from the cloud.<p>FreshGrade is the brain child of Lane Merrifield, Steve Wandler, and Mark Payne. Merrifield previously founded Club Penguin, a multiplayer gaming platform for kids that …

Sailogy Snags $1.15M To Expand Its Yacht Chartering Marketplace

Having recently spent an evening listening to a twenty-something former Google developer (who shall remain nameless) discussing his burning desire to own a yacht, my ears pricked up on hearing of Sailogy — a marketplace for boat chartering — that’s just closed a $1.15 million Series A funding round.<p>…

New York VC Investments Top $1B In The First Quarter

For New York City’s startup community, the future venture capitalists have hoped for may be taking place right now.<p>Over the past two days New York startups have announced nearly $200 million in funding, so the question may not be “When will New York be a venture hub in its own right?” but instead …

Solve Media Raises $6 Million to Continue to Transform CAPTCHAs Into Ads

Ad-tech startup Solve Media has raised a new round of funding as it continues to try to turn hard-to-decipher CAPTCHAs into sales opportunities for …

AppLift raises $13M for mobile-game marketing and monetization

AppLift, a fast-growing mobile-game marketing startup in Berlin has raised $13 million in funding from venture firm Prime Ventures.<p>The funding shows that rewards are big for companies that attack the largest problem of the mobile explosion: how to discover quality titles amid the sea of junk in the …

Fracture Raises Another $500K For On-Demand Printing Of Photos On Glass

Fracture, a digital “maker” startup offering an on-demand system for printing your photos on glass, has raised an additional $500,000 on top of its previous $1.5 million in outside funding, following a year that saw the company’s revenue double.<p>Though photo printing on glass is not new, the company …

InsightSquared Raises $8M From DFJ For Its SaaS for SMB Analytics

InsightSquared, a provider of cloud-based sales and marketing analytics for small and midsize businesses, announced today that it has raised $8 million in Series B funding from Draper Fisher Jurvetson (DFJ) to help accelerate its growth. Its existing investor Atlas Venture also participated in the …

InsightSquared gets $8M to bring data analysis to Main Street

InsightSquared, the Cambridge, Mass.-based company that is taking on Microsoft’s Excel, just scored $8 million in second round funding.<p>Newly-public Tableau has been touted by analysts as an “Excel killer,” but InsightSquared’s CEO Fred Shilmover, said he doesn’t consider the data visualization …

Sunrise raises $2.2M to design a better mobile calendar

Advertisement<p>0 Comments<p>Credit: Corbis / Don Mason<p>Sunrise has come a long way from its days as an email newsletter. Less than four months after …

Augmented Reality Startup Daqri Raises $15M More, Troy Carter Joins Advisory Board

Daqri, a company that says it’s creating the “Photoshop of augmented reality,” just announced that it has raised a $15 million Series A led by Tarsadia Investments.<p>As with other augmented-reality companies, Daqri enables customers to enrich physical objects with additional media when those objects …

Sunrise raises $2.2M to make waking up for work suck less

Getting out of bed in the morning can be painful and Sunrise is trying to improve that experience with good design. Today the startup that delivers a ‘smart’ and beautiful’ digest of your day announced closing a $2.2 million round of funding.<p>The founders of Sunrise are ex-Foursquare designers …

Runa Invests $3M In Mobile Browser Game Maker Playtox

Runa Capital, the very active Russian venture capital firm, has invested $3 million in what it describes as a “very profitable” mobile browser games maker, called Playtox.<p>The proceeds from the Series A round of financing will be used to introduce Playtox’s massively multiplayer online (MMO) mobile …

Scripted Raises $4.5M To Grow Its Network of 80K Freelance Writers

Scripted.com, a marketplace for freelance writers, announced today that it has raised $4.5 million in Series A funding to help accelerate its growth. The new investment comes from firms led by Crosslink Capital and Redpoint Ventures.<p>Started in May 2011 by Sunil Rajaraman and Ryan Buckley, Scripted …

Intel Capital creates $100M fund to invest in perceptual computing

Intel Capital has created a $100 million fund to finance perceptual computing projects, or those that use more senses to interact with computing devices. Perceptual computing includes gesture recognition using 3D depth cameras, which send signals into a room and measure the time it takes to bounce …

Science Social Network ResearchGate Pulls Down $35M From Investors Including Bill Gates

While it might sound like a nifty idea to connect scientists around the world to share data and projects, it’s probably time to take ResearchGate …

Wochit’s DIY newsroom platform attracts $4.75M, former Reuters executive as CEO

News moves fast, and video is an important medium for staying on top of stories as they break.<p>Video production platform Wochit has raised $4.75 million and hired media veteran Keith McAllister to make creating and publishing high-quality videos as efficient as possible. Wochit produces videos as …