Shaker To Raise $15M In VC Funding

Israeli start-up Shaker to raise $15 million in a series A venture capital financing round.

Israeli start-up Shaker to raise $15 million in a series A venture capital financing round, TechCrunch reports. The fund raising round is being led by Menlo VenturesShervin Pishevar. Michael Arrington’s CrunchFund is also putting in money along with Eric Schmidt’s Innovation Endeavors, Lady Gaga’s manager Troy Carter and Pitango Venture Capital. Previously, the company raised $2 million in March 2011 from Pitango Venture Capital.

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