Dallas-based Mizzen+Main, which makes apparel for men, announced they raised $3 million in funding. Investors include returning investor VTF Capital (formerly known as VegasTechFund); Ben Nash, chief executive of PCS Wireless; Thomas Morstead, punter for the New Orleans Saints; George Couri and Bruce Kalmick of Triple 8 Management; Brian Tochman of MRCA Investment; and additional individual investors. The company has now raised $4.25 million in total funding.
1 min read · 08 April 2016
1 min read · 07 April 2016
Los Altos, Calif.-based Electric Imp, provider of an IoT platform that connects devices to advanced cloud computing resources, announced it raised $21 million in initial Series C funding. London-based Rampart Capital led the round, which included company insiders and returning investor Redpoint Ventures. The company has now raised $43 million in total funding.
3 min read · 07 April 2016
Karamba Security, an in-car security startup with offices in Detroit and Tel Aviv, Israel, has emerged from stealth and announced it has raised $2.5 million in seed-stage funding. YL Ventures led the seed round, which included GlenRock, the private investment company of Leon Recantai. The company said it is developing technology to protect externally connected components, identifying attack attempts and blocking exploits from infiltrating a car’s network.
3 min read · 07 April 2016
San Francisco-based Intercom, which provides a communications platform for businesses to talk with customers online, has raised $50 million in a Series C1 round of funding. Index Ventures lead the round, which included previous investors Iconiq Capital, Bessemer Venture Partners and Social Capital. The company has now raised $116 million in total funding.
3 min read · 07 April 2016
San Francisco-based Virool, a provider of a video marketing platform, has raised $12 million in Series A funding from Menlo Ventures, Yahoo Japan, Flint Capital and 500 Startups. The company, which is a graduate of the Y Combinator incubator program, previously raised $6.62 million in seed-stage funding from VC firms and individuals, including FundersClub, Troy Carter and Farzad "Zod" Nazem.
4 min read · 05 April 2016
5 min read · 04 April 2016
Pet food conglomerate Mars Petcare has acquired San Francisco-based Whistle, maker of a GPS location monitor and fitness tracking device for dogs, TechCrunch reported. Bloomberg reported Mars Petcare, a subsidiary of the candy food maker, acquired Whistle for $119 million.
1 min read · 03 April 2016
1 min read · 31 March 2016
500 Startups continues its push to find and back startups worldwide by launching a $30 million Canadian fund. 500 Canada plans to make more than 150 investments in early-stage startups in the country over the next few years. Audiobooks founder Sanjay Singhal will lead Ontario-based 500 Canada. Singhal is a founding board member of the Canadian angel investment group Angel One and has backed more than 30 Canadian companies as an angel investor.
1 min read · 31 March 2016
