Nextbit Raises $18 Million


Nextbit Systems, a stealth startup based in San Francisco, has raised $18 Million in series A funding, led by Accel Partners and Google Ventures. As part of the fundraising, Nextbit will add Rich Miner and Rich Wong to its board of directors.

The founders of Nextbit, Tom Moss and Mike Chan, are both entrepreneurs-in-residence at Accel Partners. The company has not released any information regarding its product plans, but says its team includes engineers from Google’s Android team, Apple’s iOS team, Dropbox, and Amazon’s AWS team.

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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.