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Panorama Education Raises $12M Series A, Serves 3M Students

Boston-based Panorama Education, a startup that helps K-12 schools improve via data analysis and feedback surveys, has raised $12 million in Series A funding. Spark Capital and Owl Ventures co-led the round. Panorama Education works with thousands of schools across 220 districts and 40 states that collectively enroll more than three million students.

Spoon University Raises $2M to Power a Food Network for Millennials

Spoon University, a food lifestyle network for millennials powered by community contributors across 120 college campus raised $2 million led by SoftTech VC. The site includes recipes, video, articles and more written by over 3000 contributors and has grown from 200,000 to 2 million monthly uniques this year.

StyleSeat Raises $25 Million Series B

StyleSeat, a backoffice for beauty industry professionals, closed a $25M Series B led by Fosun Kinzon Capital. More than 320,000 professionals in 15,000 cities have joined StyleSeat, and 20 million appointments have been booked on the site since its 2011 launch. The company expects $1 billion in appointments to go through the site this year.

FitBit IPOs on NYSE, Shares Surge 52% Above Initial Offering

In the third largest IPO of 2015 to date, Fitbit Inc. stock opened at $30.40, 52% above its initial public offering price of $20. FitBit raised $732 million, giving the company a valuation of about $4.1 billion. The company captures about 68% of market share for U.S. activity trackers. Fitbit is listed on the New York Stock Exchange under the symbol “FIT".

LaunchDarkly Raises $2.6M to Help Companies Soft-Launch Features

LaunchDarkly’s mission is to help software teams deliver better software, faster. Their feature flags as-a-service product gives every software team the “superpowers” of the engineering teams at Facebook, Amazon, and LinkedIn.

Guildery Raises $2.1 Million For Customizable, Digitally Printed Fabrics And Home Goods

Guildery makes color coordination for home decor easy through digitally printed fabrics made to order. The company offers a wide range (40,000 skus and counting) of designer inspired collections to direct to consumers via and is piloting its wholesale shop-within-a-shop concept with retail partners.

Pandora Buys Next Big Sound to Track Popular Music

Pandora purchased music analytics company Next Big Sound, which tracks every fan interaction across every artist in the world—from social to sales, from purchases to plays. Next Big Sound's capabilities can be applied to brands that advertise on Pandora.

OnboardIQ Raises $1.65M to Streamline the Hiring Process

Building a workforce that can scale with demand is no easy task for on-demand startups (or the traditional companies than now compete with them for labor), so OnboardIQ has raised $1.65 million in seed funding to help smooth out the process.

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From Our Blog

Huddle’s Andy McLoughlin joins SoftTech VC

All of us at SoftTech are excited to announce that Andy McLoughlin (LinkedIn) will join us as a full-time Venture Partner on April 1st, 2015.

In 2006, Andy co-founded London-based Huddle, an enterprise content collaboration company which has raised over $80M to date. Over the years, he led technology, product, marketing, and strategy, eventually moving to San Francisco in 2010 to establish the company’s US presence.

About five years ago, Andy started his angel investing career. He has built a portfolio of 35+ pre-seed/seed stage investments, mostly in the Saas/B2B space but also covering e-commerce and mobile. He was the very first angel in our own Postmates. His other angel deals include Secret Escapes, Apiary,, Buffer, Intercom, and Pipedrive.

When we spoke to founders he backed, Andy was consistently praised for the quality and relevance of his advice, and the value add he was able to deliver despite having “a day job”. We can’t wait to … Read more »

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