Mobile email, productivity and organization company Gusto has announced it has secured $1.3 million in financing, in a round led by Elevate Ventures, for the expansion of its Gusto email client app on iPhone. The Gusto app automatically sorts emails, attachments and photos, giving users a better way to browse the emails they’re most interested in, rather than leaving everything in a single, sometimes giant list.
Drync, the mobile social network for wine drinkers, has secured $2.1 million in additional funding to expand its app offering and executive team. This funding is on top of the $900,000 the company secured in August 2013, and sees Drync bringing Brian Carr in as COO of the company. Carr comes from Springpad, an Evernote competitor.
Mobile social game company FunPlus has announced it has raised an additional $74 million in Series B funding from Orchid Asia Group, GSR Ventures and Steamboat Ventures. The company’s offices in Beijing, San Francisco and Vancouver will use the funds to support the company’s growth, as well as develop and launch multiple new titles.
Mobile analytics and marketing company Localytics has announced it has raised $16 million in Series C financing, in a round led by new investor Foundation Capital. An existing investor, Polaris Partners, also participated. This brings the company’s total financing to $25 million, with Localytics planning to use the funding to accelerate its international expansion efforts, as well as make additional investments into customer service, sales and product development.
Real-money gambling company CashBet has announced the closure of a $1.7 million Angel Round of funding for its platform, which brings real-money online gambling to social and mobile games. The round was led by Fred Hsu and other private investors, and CashBet is currently preparing to seek additional investments from larger investment partners.
Mobile games publisher Yodo1 has raised $11 million in Series B financing for the expansion of its global publishing efforts. The round was led by GGV Capital, and was joined by Singtel Innov8, Pavillion Capital and Iris Capital. This round takes Yodo1’s total funding to $18 million since its formation in 2011.
Mobile game developer TinyCo has announced it has secured $20 million in financing from Pinnacle Ventures and Andreessen Horowitz, which will help the developer create larger, deeper and better quality free-to-play mobile games going forward. The financing is in addition to the $18 million TinyCo received in 2011.
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