My Open Kimono

UNPREDICTABLE CRAPSHOOT

Venture capital activity in AdTech reached $514 million in the last month across eleven funding rounds, signaling a strong foundation for 2016 as VCs begin to click open their purses.

The list of investments follows. 

My tendency is to caution VCs on the viability of many of the business models represented here.  As I click on the links to the funded sites, I find myself awash in homogenized, dull, often boring, sometimes confusing presentations of their offerings.

If a site is the face of its business, VCs need to take a hard look at their investments in businesses they are not qualified to vet.

Blippar has raised $54 million in a Series D funding led by Khazanah Nasional Berhad with participation from existing investors.

 

ZoomData has raised $25 million in a Series C round led by Goldman Sachs with participation from other investors.

 

Qubit has raised $40 million i a Series C funding led by Goldman Sachs with participation from other investors.

 

SproutSocial has raised $42 million in a Series C round led by Goldman Sachs with participation from other investors.

 

DataRobot has raised $33 million in a Series B funding led by New Enterprise Associates with participation from other investors.

 

Fuze has raised $112 million in a Series E round from Summit Partners.

 

Geofeedia has raised $17 million in a Series B funding led by Silversmith Capital Partners with participation from existing investors.

 

Hired has raised $40 million in a Series C round led by Lumia Capital with participation from other investors.

 

Snagajob has raised $100 million in a Series D funding led by Rho Acceleration with participation from other investors.

 

Curalate has raised $27.5 million in a Series C round led by New Enterprise Associates with participation from other investors.

 

YourMechanic has raised $24 million in a Series B funding led by SoftBank Capital with participation from other investors.