Managed by Q raises $25M
This week, office cleaning company Managed by Q raised $25 million from new investors, including GV, formerly Google Ventures, and Kapor Capital. Managed by Q and its investors declined to disclose the company’s valuation, but they said it had increased since a $15 million fund-raising in June. Managed by Q also previously raised $2.4 million in convertible debt, which has since converted to equity. [NY Times]
Influenster, the startup that reviews everything, raises a $8M Series A
Influenster is a product discovery and reviews platform. This week the company announced it raised a $8 million Series A round from Ebates, the pioneer and leader in online cashback shopping. The company plans on using the new funding to better scale their services in order to meet the needs of its quickly growing customer base and product inventory. [Built In NYC]
Goldman Sachs leads a $20M round for Persado
Persado, a content generation platform that uses machine learning, natural language processing, and math to help generate content that converts, announced that it has closed a $30 million Series C round to help automate content marketing production. The funding was led by Goldman Sachs, with contributions from previous investors Bain Capital Ventures, StarVest Partners, American Express Ventures and Citi Ventures. [VentureBeat]
Material Wrld bolsters luxury items service with venture capital
Luxury online consignment marketplace, Material Wrld, announced that it raised a $9 million Series B round. The new funding will go towards developing the prepaid debit card it launched in October. The round was led by publicly traded Japanese fashion e-retailer Start Today Co. Ltd. [New York Business Journal]
Time Warner’s Turner division leads Mashable’s $15 million funding round
Time Warner Inc.’s Turner division led a $15 million funding round for the news website Mashable, marking the latest investment by a traditional TV network in a digital media company. Turner’s TBS and TNT channels and Mashable will co-develop and distribute video content, and the two companies will work together on new technology and advertising opportunities. [Bloomberg]
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