Venture Capital Update

Los Angeles, California - ScoreBig, the live entertainment industry’s first online marketplace for the safe and secure liquidation of unsold ticket inventory has raised $10 million of funding from Checketts Partners Investment Fund and backed by backed by Bain Capital Ventures and U.S. Venture Partners.

Aside from the new funding, long time board advisor and former Ticketmaster EVP David Goldberg has joined ScoreBig.com in the role of chief strategy officer.

San Francisco, California - ReferStar, a SaaS based platform which tracks the candidate workflow, and provides a referral fee for successful hires, dramatically reducing costs and improving the efficiency of recruitment efforts has raised $1.625 Million of Series A Funding from Granicus Ventures.

The new funding will be used for international expansion and development of new products.

Boston, Massachusetts - Source Audio, a professional, business to business music licensing & distribution technology provider hosting over 600 music catalogs, 3,400 music labels, and 4 million tracks for license on one cloud-based platform has raised $1.2 million of seed funding from Emerson Investment Group.

“I believe SourceAudio is the de facto cloud hosted standard in the multi-billion dollar sync music licensing industry,” said Steve Emerson of Emerson Investment Group. “This investment will help the team continue to serve a rapidly growing addressable market and expand the offering to new verticals with exciting and innovative technology.”

The new fund will be used for expanding the business and making partnerships and other key business developments.

New York, New York - HookLogic, a lobal leader in commerce search advertising, enables marketers to influence in-market shoppers and Win the Moment of Truth™ on the world’s leading retail, travel, and automotive sites has raised $14 million of series B funding led by Intel Capital and backed by Bain Capital Ventures.

“The Retail Search Exchange has quickly become an incredibly efficient marketing vehicle,” said Rebecca Brown, Director of Media at Intel. “The platform enables Intel to promote the products we want and see closed-loop measurement of purchase activity. The return on spend and overall impact have been tremendous.”

The new round of funding will be used to accelerate the investments in sales and marketing and reach new customers and sell more products.

San Francisco, California - Bugcrowd, a crowdsourced security testing and monitoring for mobile and web has raised $1.6 million of seed funding from Icon Venture Partners, Paladin Capital Group, Square Peg Capital and angel investors.

The new fund will be used for boosting the sales and marketing team and strengthen the rapid growing community of security testers. Bugcrowd now has more than 3,000 security testers.

San Francisco, California - BoostCTR, an enterprise solution for optimizing ad creative at scale across Search, Social, Display & Mobile has raised $8 million of series B funding led by Battery Ventures and backed by existing investors Javelin Venture Partners and Western Technology Investment

“In many instances, the messaging is an afterthought in digital marketing, which has become increasingly analytical and data-driven,” said David Greenbaum, BoostCTR’s chief executive and co-founder. “What we are doing is delivering human insight with the scale of software. It has shown to be the missing piece for sophisticated online advertisers.”

The company now has a total raised fund of $12 million. As part of the funding deal, Battery General Partner Brian O’Malley will be joining the board of directors.

London, UK - Bottica, a luxury bazaar of fashion accessories that connects the most talented, independent fashion accessories designers directly with customers seeking exquisite, unique pieces from inspiring places has raised $4 million of series A funding from MMC Ventures.

“We are delighted to have invested in Boticca, we believe there is a huge opportunity for them in a fragmented market. We have been extremely impressed by Avid and Kiyan, their vision for the business and the culture they have built in the team and are very much looking forward to working with them.” said by MMC Ventures Partner Jon Coker.

The new capital will be used for company's growth and expansion.

Boise, Idaho - Balihoo , a premier provider of Local Marketing Automation technology and services to franchises and national brands with local marketing needs has raised $5 million of seed funding from OpenView Venture Partners.

“Balihoo continues to see strong new customer growth across all industry segments as well as continued growth from our existing clients taking advantage of new platform product features like Balihoo’s Localized Social Media capability.” said Pete Gombert, CEO of Balihoo.

The new capital will be used on expansion and company growth and also for developing new products and tools for local and national advertising.

Santiago, Chili - ComparaOnline, a leading insurance and financial services marketplace website in Latin America has raised $11 million in Series B financing led by Ribbit Capital. Endeavor Catalyst, Rise Capital and backed by previous investor Kaszek Ventures.

The new capital will be used in strengthening Brazil and Colombia market by acquiring new talents and developing new products and services.

Chicago, Illinois - AdYapper, a service provider which tracks display and mobile ads, generating detailed verification data, consumer sentiment, and viewability monitoring on 95% of all ad impressions has raised $1.2 million of funding led by KGC Capital and backed by angel investors which includes David Cohen of Techstars.

“Wasted ad spend is a cross industry, multi-platform problem and our technology is revealing that over 70% of our clients’ ads are never even seen.” said Elliot Hirsch, CEO and Founder of AdYapper.

The new capital will be used on expansion and developing new products. AdYapper is a product of the Spring 2013 class of Techstars.