Startups

Snipi emerges from hibernation, ChoozOn raises $3.2 million

Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line. MUST READS Snipi, the Evernote-like site that allows user to […]


Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.
MUST READS
Snipi, the Evernote-like site that allows user to “snip” content from around the web has raised $530,000 according to SEC filings. We spoke with founder Founder Andre Golsorkhi in 2009. The company also received $150,000 in Ben Franklin Technology Partners money in 2010.
As we wrote about yesterday, OpenView Partners has invested $10.3 million in KoP’s NextDocs. OpenView also was behind the recent Monetate financing.
Speaking of yesterday, we also had a short profile of CloudMine, a Fall DreamIt company that was forced to change business strategies because of Steve Jobs.

MIGHT BE WORTH YOUR TIME

ChoozOn a King of Prussia-based online coupon aggregator has raised $3.2 millionAccording to VentureBeat the company’s executive team includes a former Yahoo VP.
LLR Partners David Reuter has invested $1.5 million in Greenphire a “provider of clinical payment and communication technology” based in King of Prussia.

GIVE A GLANCE
A DreamIt Ventures company has taken to craigslist to look for a mobile developer.
First Round Capital joins Accel Partners and Gary Vaynerchuk in a $10 million investment in Birchbox, a company that delivers beauty samples.
Monetate’s $15 million round has been made official with an SEC filing. Named investors include former ClickEquations CEO Lucinda Duncalfe (formerly Lucinda Holt) and First Round Capital partner Josh Kopelman.

Companies: ClickEquations / Greenphire / LLR Partners / Snipi

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