Funding and Acquisitions Roundup: UK-based Uber competitor Hailo lands $17 million in initial funding

By Editor March 29, 2012

Today’s technology early-stage funding and acquisitions news roundup:


London-based cab app Hailo gets $17 million from Accel Partners. (full story via VentureBeat)


Subscription-based curated gifts services Quarterly has raised $1.25 million in Series A funds, led by Tony Conrad and True Ventures, and Collaborative Fund. (full story via TechCrunch)

Social shopping startup Sneakpeeq has announced $7.5 million in Series A. The lead investor was FirstMark Capital with participation from existing investors Bain Capital Ventures and Metamorphic Ventures. (full story via TechCrunch)


Germany-based security company Avira has acquired ‘social media security’ startup SocialShield. The San Bruno, California-based startup was founded in 2010. (full story via TechCrunch)


Famigo has picked up $1 million in Seed funding for its family-focused mobile platform. Investors include  Zilker Ventures, Liahona Ventures and Capital Factory.


Social game developer Kabam has announced the acquisition of Emeryville, Califonia-based 3D game maker Gravity Bear. (full story via Gamasutra)

Social Media

Micro-networks-focused mobile social app Kibits has raised $1 million in Seed funding from Google Ventures, CRV, General Catalyst, Commonwealth Capital Ventures, SOSventures, Launch Capital, the CommonAngels Fund, and other Angels. (full story via TechCrunch)


Social data and Facebook ad platform GraphScience has landed $2 million in Series A funding. The round was led by EchoVC Partners and Raptor Ventures. (full story via