Monday, July 25, 2011

Motif Investing Gets $20M More

San Mateo-based Motif Investing, a developer of theme-based, online investment platform, has raised $20M in a series B. The funding came from Ignition Partners, Norwest Venture Partners, and Foundation Capital. The firm is headed by Hardeep Walia, who has previously served at Microsoft and other companies. The new round comes on top of a $6M, Series A just announced two weeks ago by the company.