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New Money: RapidMiner Raises $16M, HBS-Born RallyPoint Gets $5M, Jobble Raising $1M Round



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RapidMiner (Cambridge)

  • Amount: $16 million
  • Investors: The Form D filing lists 7 investors. Boston Business Journal reports that Nokia Growth Partners led the round with participation with Ascent Venture Partners, Earlybird Venture Capital, Longworth Venture Partners and Open Ocean Capital.
  • Details: RapidMiner is an open-source predictive analytics platform that is used by heavy hitters such as PayPal, eBay and Cisco. The startup had just raised a $15 million Series B round led by Ascent Venture Partners and Longworth Venture Partners earlier this year in February.
  • Source: Form D

RallyPoint Networks (Watertown)

  • Amount: $5 million
  • Investors: The Form D filing lists 8 unidentified investors. Angel investor Jill Preotle, Mark Perutz, partner at San Francisco-based VC firm DBL Partners and Palo Alto-based venture capitalist Konstantin Guericke are listed as directors on the startup's Form D filing for the $5 million round.
  • Details: Founded by Harvard Business School grads Yinon Weiss and Aaron Kletzing in 2012, RallyPoint has been described as a LinkedIn for the military. The startup, which won $100,000 from MassChallenge in 2012, aims to "help service members and veterans lead more successful and fulfilling lives," and its network includes more than 300,000 service members, more than 260,000 veterans, more than 13,000 employers and more than 2,000 universities, according to its website. DBL Partners has previously invested in RallyPoint.
  • Source: Form D

Jobble (Brighton)

  • Amount: $5,000 of a $1 million fundraise
  • Investors: One unidentified investor.
  • Details: Jobble is an on-demand event management and staffing startup that launched out of Northeastern University's IDEA Venture Accelerator earlier this year. The startup runs an online marketplace that automates the process of staffing events, which the startup has said is particularly useful for early-stage companies with limited resources to run their own events. The startup was founded by Matthew Osofisan, founder of metropolitan casual wear brand Annie Mulz and a former DigitasLBi analyst; Corey Bober, a Northeastern grad; and Zack Smith, a Suffolk grad. The Form D filing indicates the startup is looking to raise a total of $1 million for this fundraising round. A separate Form D filing from March indicates the startup has previously raised $35,000.
  • Source: Form D

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