Funding and Acquisitions Roundup: Luvocracy gets $11M worth of funding love from some high-profile investors

By Editor May 16, 2013

Today’s early-stage startup funding and acquisitions news:

Social recommendations marketplace Luvocracy has closed an $11 million outside funding round that appears to be its first. A host of high-profile investors contributed, including Kleiner Perkins, Google Ventures, Marissa Mayer, Ali Pincus, Jim Lanzone, Tony Robbins, CrunchFund, RPM Ventures and XG Ventures, according to TechCrunch. The startup allows friends to recommend and share product photos and details with each other, and make purchases then-and-there. San Francisco–based Luvocracy was founded in 2011.

San Francisco-based Ringadoc has raised an additional $700,000 in Seed funding for its platform that helps doctors manage patient phone calls. Investors include Siemer Ventures and Telegraph Hill Group. The startup, which launched in 2010, previously raised $1.2 million in its first two rounds of Seed funding. Here’s more on the funding, from MobiHealthNews.

Technology-business events startup Tech Cocktail has secured $2.5 million from Zappos founder and CEO Tony Hsieh. In addition to the funding, the company announced that it is moving its headquarters to Las Vegas. TechCocktail was founded in 2006. More on the funding, from the Tech Cocktail website.

More funding news…

With $2.5 million in new funding, PingMD wants to help doctors manage incoming calls (via GigaOm)

Pebble raises $15M, launches SDK update for better smartwatch apps (via VentureBeat)

Biz Stone’s New Startup Jelly Raises Series A From Spark Capital, SV Angel, Square CEO Jack Dorsey, Reid Hoffman, Al Gore, Bono & Others (via TechCrunch)

BitPay Raises $2 Million led by Founders Fund (via

Enterprise Business Intelligence And Analytics Startup EdgeSpring Raises $11M From Kleiner Perkins (via TechCrunch)

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Compiled by StartUp Beat editor Brian Kovalesky.