NEWS

E-Receipts Startup Seamless Receipts Raises $1.5 Million

The company is announcing today that it has raised $1.5 million in funding from DFJ Gotham, Polaris Ventures, GRP Partners, Tekton Ventures, Social Leverage, David Cohen, David Shen, and other individual investors.
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Pose: A Photo Sharing App For Fashion And Shopping That Just Raised $1.6 Million

Pose, a new startup launching today in beta, that wants to help you share what you’re buying (or thinking of buying) with your friends. Today the company is announcing that it’s raised $1.6 million from True Ventures, GRP, and Founder Collective, with angel investors including Dave Morin and Shawn Fanning. Jon Callaghan (True Ventures) and Mark Suster (GRP) will be joining the board as part of the deal.
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Brambles Buys Ifco for $954 Million

Brambles Ltd. offered 696 million euros ($950 million) for Ifco Systems NV to add plastic containers used for shipping fruit and vegetables by companies including Wal-Mart Stores Inc. and Metro AG.
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Skyline Financial Raises $8.2M From GRP

Skyline Financial, a leading independent direct mortgage lender, today announced that it has raised $8.2 million in Series B funding led by GRP Partners, with Chaparal Investments and Dallas Capital Management, Inc. participating.
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Former Google CIO Douglas Merrill Wants To Reform Payday Loans With ZestCash

ZestCash is a Los Angeles-based online originator and holder of short-term installment loans to people who do not have access to traditional credit.
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Wave Crest raises $8.5 million in funding led by GRP Partners; Company is a global e-payments solutions provider

Wave Crest Holdings Limited, a global e-payments solutions provider, today announced that it has raised $8.5 million in Series B funding led by GRP Partners with Park Ventures LLC participating. This financing is the first institutional round raised by Wave Crest. Brian McLoughlin, general partner at GRP Partners, and Larry Park also joined the board of Wave Crest.
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Ad.ly has raised $5 million in additional funding led by GRP Partners; Announces appointment of new CEO

Twitter advertising network Ad.ly, which launched last year, has raised $5 million in additional funding led by GRP Partners with Greycroft Partners and Matt Coffin (the founder of LowerMyBills) participating in the round. Ad.ly is also bringing on new CEO, Arnie Gullov-Singh. Gullov-Singh was previously EVP of product, technology and operations at News Corp’s Fox Audience Network, a group he co-founded 4 years ago. Founder Sean Rad will become President of Ad.ly.
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Burstly raises $1.8 million in funding; Creates marketplace where developers can buy or sell advertising

Burstly announced that it has raised a first round of funding led by GRP Partners and Rincon Ventures. GRP partner Mark Suster joins the company’s board of directors. Burstly is an open and free ad management platform for mobile application developers. Burstly offers monetization solutions including ad mediation, campaign management, targeting, and optimization.
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