Funding and Acquisitions Roundup: More money for sales-focused startups—LevelEleven gets $500K in Seed funding to gamify enterprise sales

By Editor April 11, 2013

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


LevelEleven, which gamifies sales in order to motivate salespeople, has joined the plethora of sales support-focused startups that have garnered funding recently. The Detroit-based company has raised an additional $500K in Seed funding to the $1 million it secured in October of last year. In sum, the $1.5 million in investment was led by Detroit Venture Partners, with participation by Hyde Park Venture Partners, The First Step Fund, and private equity investor Rick Inatome, according to VentureBeat.

Xeneta, which is a crowdsourced price comparison service for sea freight, has landed €1.2 million in Seed funding from investors that include Stockholm, Sweden-based Creandum and Norwegian investment firm Alden. Here’s the company’s press release announcing the funding.


London-based Duedil has raised $5 million in Series A funding for its financial due diligence platform for investors that focuses on private companies that have less information publicly available. Investors in the round include Notion Capital and Oak Investment Partners. More on the funding, from GigaOm.


Bypass, a mobile payments service tailored to entertainment venues and stadiums, has closed a $3.5 million strategic funding round led by eBay and AEG. The Austin-based company was founded in 2010. Here’s more on this funding, along with the company’s two previous funding rounds, from TechCrunch.

More funding news today…

Facebook acquihires Osmeta to beef up its mobile strategy (via VentureBeat)

Cydan of Cambridge announces its launch with $16m financing and a focus on orphan diseases (via

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