Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Venture capital deals

December 7, 2011: 11:07 AM ET

Uber, a San Francisco-based personal transportation company that lets users order cars via mobile phones, has raised $32 million in Series B funding. Menlo VenturesGoldman Sachs and Bezos Expeditions were joined by return backers Benchmark Capital and Lowercase Capital. www.uber.com

Twilio, a San Francisco-based cloud communications company, has raised $17 million in Series C funding from return backers Bessemer Venture Partners and Union Square Ventureswww.twilio.com

Cooking.com Inc., a Marina del Rey, Calif.-based ecommerce company focused on the cooking space, has secured $13.5 million in new growth equity and subordinated debt financing. BIA Digital Partnersled the transaction, and was joined by existing backer Azure Capital Partners. www.cooking.com

DreamBox Learing
, a Bellevue, Wash.-based online learning company, has raised $11 million in VC funding. Reed Hastings led the deal via the Charter School Growth Fund, and was joined by John Doerr, GSV Capital and return backer Deborah Quazzo.

Framehawk Inc.
, a San Francisco-based developer of mobile business applications, has raised $11 million in Series B funding. Backers include Matrix Partners, Alsop Louie Partners, Correlation Ventures and Triangle Peak Partners. www.framehawk.com

Flow, a New York-based data exchange startup launched by serial entrepreneur Eric Alterman, has raised $3 million in Series A funding. Backers include BH Ventures, Birnberg Group, Cloud Capital Partners and Kappa East. www.flow.net

TouchType Ltd., a British maker of the SwiftKey Android keyboard app, has raised $2.4 million in Series A funding led by Octopus Investmentswww.swiftkey.net

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Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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