Imgur Raises $40M


Image-sharing platform Imgur has raised $40 million from Andreessen Horowitz, with participation from Reddit.  Andreessen Horowitz general partner, Lars Dalgaard is joining the Imgur board. Imgur has more than 130 million unique visitors each month, says the company. 

[Image courtesy: Imgur]

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.