Funding
Clever bags $10.3M in Series A round to make teachers' lives less tedious
Sequoia Capital led the $10.3 million Series A round for education technology startup Clever that helps teachers avoid the tedious work of manual data entry, VentureBeat reported.
San Francisco virtual ad firm DemandBase raises $15M in funding
San Francisco, US-based virtual ad firm DemandBased raised $15 in a funding round led by Greenspring Associates to build the mobile ad capabilities of its B2B enterprise software platform.
US venture capital firm Lightspeed closes $950M for new early-stage fund
Menlo Park, US-based venture capital firm Lightspeed Venture Partners (LSVP) closed $950 million for its new investment fund that will back early-stage companies in the consumer and tech sectors.
Chicago software firm Wellspring bags $3.5M in funding
Illinois, US-based software systems provider Wellspring Worldwide bagged $3.5 million in funding from undisclosed investors, according to a document filed with the US Securities and Exchange Commission.