Early Stage Venture Roundup

Compiled by Alastair Goldfisher

SAN FRANCISCO (Private Equity Week) - A couple of San Francisco Bay Area companies are freshly flushed with cash as two startups last week reported raising early stage funding from venture capitalists, according to Thomson Reuters.

Socialcast, which provides a social networking platform for the enterprise, secured $1.4 million in a Series A round. Socialcast is one of several providers of enterprise-focused social networking tools that have raised venture funding. Others include Socialtext, which has raised $17 million since 2004; Jive Software, which raised $15 million from Sequoia Capital in 2007; and Awareness, which has raised $11.5 million to date.

Also, TubeMogul, an online video distribution and video analytics service, secured $3 million in a first round of funding last week. TubeMogul competitors include Visible Measures www.visiblemeasures.com/, Brightcove www.brightcove.com/ and Maven Networks www.maven.net/.

INTERNET

Socialcast

San Francisco

www.socialcast.com www.socialcast.com/

Amount/Round: $1.4M/A

Investors: True Ventures and individual investors.

Details: Provides social networking software and technology. Om Malik, a venture partner at True Ventures, has joined the board. True Ventures invested $1M in the round.

VIDEO

TubeMogul Inc.

Emeryville, Calif.

www.tubemogul.com www.tubemogul.com/

Amount/Round: $3M/A

Investors: Trinity Ventures.

Details: Provides online video distribution and analytics. Trinity Ventures General Partner Ajay Chopra has joined the board.