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April 25, 2014
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San Francisco-based mobile shopping app Wish has raised a $19 million round led by GGV Capital and Formation 8 with participation from Jerry Yang and existing seed investors. Wish allows users to view a personalized feed of goods and create lists, and provides shopkeepers with a platform to run highly targeted offers. Founded in 2011, Wish currently has 25 million users in 50 countries and will use the new cash to fund international expansion.
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San Francisco-based sales productivity platform Stitch has raised $3.25 million in seed funding from Google Ventures, SoftTech VC, Freestyle Capital, Foundation Capital, ENIAC Ventures and a handful of angels. Stitch is a mobile sales productivity platform that provides salespeople with data and information to improve response times and close more deals. Founded last year, Stitch is currently in private beta.
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New York-based fitness startup Peloton has raised $10.5 million in a Series B round led by Tiger Global Management with participation from angel investors. Peloton sells tablet-equipped, interactive exercise bikes online and through three stores in the New York metropolitan area. Founded in 2012, Peloton has raised more than $14 million to date and will use the new funds to ramp up production and open its first indoor cycling studio.
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Since the last email, CrunchBase captured more than 31 rounds and $185 million in fundings... and the data keeps rolling in.
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Since our last email, 1217 CrunchBase profiles were updated. Sometimes that isn’t enough to catch everything that goes on, so please add your contributions and help us make CrunchBase more awesome!
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