Now that September is here, venture capital activity will pick up as usual. That's not to say that tons of VC deals were done over the summer; since they were.
Here are a few of the companies who raised venture capital in August that I found really interesting.
JiWire: JiWire has created an advertising network which reaches users at wi-fi hotspots. The company raised $2.1 million from Draper Fisher Jurvetson, Panorama Capital and Comcast Interactive Capital.
Zimride: Zimride is a ridesharing service that combines social networks and a route-matching algorithm, to make it easy for people to share seats in their cars or catch a ride. The company raised $1.2 million from Floodgate, K9 Ventures and two angel investors.
CloudCrowd: CloudCrowd has created a unique Labor as a Service outsourcing platform. The company raised $5.1 million from Draper Fisher Jurvetson.
WePay: WePay helps groups easily collect, manage, and spend money. The company raised $7.5 million from Highland Capital Partners and August Capital.
Payfone Inc: Payfone has built a mobile payments platform. The company raised $11 million form Opus Capital, BlackBerry Partners Fund and RRE Ventures.
I'm not totally sure why these 5 caught my eye...maybe because they're products/services that I would use. Or maybe because they show that all types of companies can raise venture capital. Or maybe both.
Suggested Resource: In Venture Capital Pitch Formula, you'll learn exactly how to find and contact venture capitalists, exactly what information to include in your presentations, and how to secure your financing. This video explains more.