Term Sheet

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Venture capital deals

December 13, 2012: 10:00 AM ET

WhipTail, a Whippany, N.J.-based flash storage company, has raised $31 million in Series C equity and debt financing. Equity backers include SanDisk, Ignition Partners, RRE Ventures and Spring Mountain Capital, while a the debt came from Silicon Valley Bank. www.whiptail.com

SpotHero, a Chicago-based parking garage reservation startup, has raised $2.5 million in VC funding. Battery Ventures led the round, and was joined by 500 Startups, Bullet Time Ventures, e.Ventures, OCA Ventures, New World Ventures, Lightbank and Draper VC. www.spothero.com

Bright Light Systems Inc., an Alpharetta, Ga.-based maker of energy efficient lighting solutions (including light-emitting plasma), has raised $1.9 million in Series A funding led by Fulcrum Equity Partners. www.brightlightpro.com

Vivino, the Danish maker of a social wine app, has raised $1 million in Series A funding from Creandum. www.vivino.com

MiTú, a Los Angeles-based multi-channel YouTube network dedicated to Latino content, has raised an undisclosed amount of new funding led by The Chernin Group. Other investors included Advancit Capital, Code Advisors, Allen DeBevoise (Machinima) and Juan Cristóbal Ferrer (Ferrer Comunicación). www.youtube.com/mitu

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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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