Filip Technologies, eGifter, & Simulmedia Get Cash for the Holidays

12/12/13Follow @jpruth

Santa’s big red bag opened a little early for a few New York startups.

Filip Technologies, maker of a smartwatch-style phone and GPS locator for kids, said Wednesday it raised $8 million from new investors including KEC Venture, Horizon Ventures, and The Social+Capital Partnership.

London-based Filip has its U.S. headquarters in New York City and CEO Jonathan Peachey operates here. The company’s FiLIP device, which went on the market last month, lets parents keep track of where there kids are and has a built-in phone for calling family or emergency contacts.

Melville, NY-based eGifter, said Wednesday it raised $1.7 million from angel investors including Bob Brill of Newlight Management and Russ Artzt, co-founder of what is now CA Technologies. EGifter is a social gifting service that lets groups contribute to digital gift cards. So far this year, the company has nearly $3 million.

Targeted TV ad tech company Simulmedia in New York City said Tuesday it has raised $25 million in a Series D round led by R&R Venture Partners with participation from Avalon Ventures, Union Square Ventures, Time Warner Investments, and Allen & Company. Simulmedia said this quarter it was profitable for the first time. The company has raised some $59 million since 2009.

João-Pierre S. Ruth is the editor of Xconomy New York. He can be reached at jpruth@xconomy.com and followed on Twitter @jpruth. Follow @jpruth

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