RAISE LABS: $4.5 million to San Francisco, CA-based Raise Labs in a Series A round led by Owl Ventures. First Round Capital, SJF Ventures, Deborah Quazzo, Mark Goines, Paul Freedman and Thomas D. Lehrman also participated. The Raise.me website and app enables high school students to "earn" micro-scholarships starting freshman year in high school. More from The Wall Street Journal.