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October 01, 2014
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Reddit, a social news platform headquartered in San Francisco, has raised $50 million in a new round led by Sam Altman with participation from individual investors including Marc Andreessen, Alfred Lin, Peter Thiel, Ron Conway, Jared Leto, and Snoop Dogg. Reddit displays news based on personal preferences and community likes, and attracts 133 million users per month. Founded in 2005, Reddit plans to invest the cash in building out its mobile product, adding new features and expanding its staff.
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Expensify, an expense management startup based in San Francisco, has raised $3.5 million in a Series B round led by strategic investor Barracuda Networks. Expensify lets users import expenses or receipts from smartphones to easily create and manage expense reports. Founded in 2008, Expensify has raised just over $10 million to date and will use the latest cash to ramp up sales and marketing and recruit Concur customers to switch to its platform.
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Hipcamp, a campsite search platform based in San Francisco, has raised $2 million in seed funding led by O'Reilly AlphaTech Ventures and Slow Ventures with participation from Sam Shank, Gregg Brockway, AngelList's Syndicate Fund and Maiden Lane Ventures. Hipcamp provides a comprehensive search platform for campsites that users can search based on amenities, features, and activities. Founded in 2013, Hipcamp currently lists more than 16 thousand campsites in California and will soon expand to cover Texas and New York as well.
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Since the last email, CrunchBase captured more than 39 rounds and $287 million in fundings... and the data keeps rolling in.
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Top Funding Rounds
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Reddit
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Reddit is a social news website that displays news based on ...
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Hipcamp
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Discover and book epic campsites
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Good Technology
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Good Technology is a pioneer and world leader in secure ...
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Cognoptix, Inc.
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Cognoptix develops non-invasive eye tests for the early ...
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Helium Systems
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Connect smart devices to the web without Wi-Fi, Bluetooth ...
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Netuitive
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Netuitive is a provider of predictive analytics for ITthat ...
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Cabify
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Cabify is a web and mobile app that enables users to ...
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ZenMate
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ZenGuard offers ZenMate, a software solution that encrypts ...
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Wercker
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Wercker provides solutions for continuous delivery to help ...
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REMERGE
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Remerge offers a platform for app advertisers to ...
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Coinapult
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Coinapult is a Bitcoin service company
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Did we miss anything?
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Since our last email, 49888 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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Contribute to CrunchBase
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Catch up on Past Issues of the CrunchBase Daily
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+ September 30
Credit Karma, Remind, Netpulse, Datorama
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+ September 29
Anki, Qubit, MoviePass, Fundrise
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+ September 26
Nubank, Context Relevant, sendwithus, Adaptimmune
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+ September 25
Hootsuite, FiveStars, E la Carte, Dollar Shave Club
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+ September 24
Qualtrics, Udacity, Robinhood, Invoice2go
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+ September 23
Radius, Teladoc, Silvercar, BrandMaker
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+ September 22
Duo Security, HoneyBook Inc., EdCast Inc., AppNexus
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+ September 19
PrecisionHawk, SchoolMint, DroneDeploy, Kin Community
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+ September 18
Ping Identity Corporation, Leeo, JW Player, Quikr India
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+ September 17
LightSpeed Retail, ClassPass, Workpop, Daojia
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