StrictlyVC: September 1, 2015

Funding Rounds

▤ Summary

Cloud Apps Capital Partners, a nearly two-year-old, San Francisco-based venture firm founded by longtime VC Matt Holleran, has raised $53.7 million for its debut fund, he tells us. The single GP firm makes classic Series A stage investments, meaning “leading financings of $3 millionish.” It also typically takes a board seat. Edison Nation, a seven-year-old, Charlotte, N.C.-based outfit that helps get a lot of those “As Seen on TV” type products made, then sold by big retailers, has raised $50 million from a group of undisclosed backers. “[I]t turns out that being tied to the legacy name created confusion.” But now the firm is “choosing a name that fits us.” Nice news: Yahoo CEO Marissa Mayer is expecting twin girls in December, she announced late last night. Investor Marc Andreessen talks with Bloomberg about Silicon Valley’s relationship with the Pentagon, market volatility in China, and Twitter’s ongoing CEO search.

$ Funding

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Amount - Total raised
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Date - Announcement date
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Investors Salim Group, IDG Ventures USA, Water Planet, New York Media, Cloud Apps Capital Partners, Techcrunch, Super League Gaming Lead investors
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Company - Funded company

▥ Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Software SaaS Mobile Forms

▦ Linked Companies

GoFormz
$1M to $5M