Stadium Goods, a sneaker and apparel marketplace, has secured over $4.6 million in funding. Forerunner Ventures led the round with participation from the other investors that included The Chernin Group.
1 min read · 12 January 2017
Playground Global LLC has raised $40 million for its newest fund, according to an SEC filing. The Palo Alto, California-based firm, founded by former Android chief Andy Rubin, invests in and incubates startups building software-based hardware.
1 min read · 12 January 2017
Ambler, Pennsylvania-based Clutch, a customer management and marketing analytics company, has secured $5.25 million in funding. The investor was Larry Stone, who will be joining the board. Also, Clutch has acquired intelligent mobile promotions platform Persio. No financial terms were disclosed.
1 min read · 12 January 2017
Kayrros, a provider of predictive analytics for the energy market, has closed 9 million euros in Series A funding. Index Ventures led the round. In addition to the funding, Lord Browne of Madingley, a former CEO of BP plc, has joined the Kayrros advisory board.
3 min read · 12 January 2017
Northwestern Mutual has launched Northwestern Mutual Future Ventures, which will invest a total of $50 million in tech startups that "transform how consumers experience and achieve financial security." Each investment will range between $500,000 and $3 million.
2 min read · 12 January 2017
Miami-based Iguama, an ecommerce cross-border shopping club serving Latin America, has secured $5 million in Series A financing. Kibo Ventures and PeopleFund led the round.
1 min read · 12 January 2017
Madrona Venture Group, an early-stage venture capital firm, has named S. Somasegar as managing director. Somasegar joined the firm in November 2015 as a venture partner.
3 min read · 12 January 2017
Silicon Valley-based Roambee, an internet of things smart logistics and asset management company, has raised a total of $4.1 million in Series B funding. Deutsche Telekom Strategic Investments provided $3.1 million to the round.
4 min read · 12 January 2017
Germany-based Luxendo, a spin-off from the European Molecular Biology Laboratory, has raised an additional 8 million euros in Series A funding. The investors included Life Science Partners and EMBL Ventures.
5 min read · 12 January 2017
Kasisto, a conversational artificial intelligence platform provider, has raised $9.2 million in Series A funding. Propel Venture Partners led the round with participation from other investors that included Mastercard, Commerce Ventures, Two Sigma Ventures, DBS Bank, Partnership Fund for New York City, New York Angels and Harvard Business School Alumni Angels of New York. In addition to the funding, Thomas Whiteaker, a partner at Propel Venture Partners, has been added to Kasisto's board of directors.
3 min read · 12 January 2017
