Funding and Acquisitions Roundup: Scoot and Doodle raises $2.25M for its G+ Hangouts app; PlayCez lands Seed funding for its events app for India

By Editor March 7, 2013

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


Google+ app for student collaboration Scoot & Doodle has raised a $2.25 million Seed round. The San Francisco-based company claims that its app is the most popular ‘premier’ app within Google+ Hangouts. Link to the press release.


Delhi-based PlayCez has secured an undisclosed Seed round for its soon-to-launch events discovery app for India. The startup is a graduate of India’s Global Superangels Forum (GSF) mentorship program. More about the funding from TechCrunch.


Bloomfire, which offers businesses a platform for more efficient knowledge and information management, has closed an $8 million Series A round from existing investors that include Austin Ventures and Redpoint Ventures. The Austin-based company was founded in 2010 and has now raised a total of $18 million in outside funding. Link to the company press release about the funding.


Despite all the griping among media and analysts in particular about online ads, money keeps flowing to the sector. The latest is Adcade, which announced today the closing of a $1.5 million Seed funding round. The New York-based  startup specializes on HTML5 mobile ads. Investors include ff Venture Capital, Quotidian Ventures, BHV, Great Oaks VC and Angels. Here’s the press release, via PEHub.


In an effort to compete with other burgeoning tech hubs, the state of Colorado (yes, the state government) and local business leaders have started a VC fund to give the state’s startups a boost. Read more about the new fund (via VentureBeat).

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