Palo Alto, California-based Augmented Pixels, which provides "interactive solutions with augmented and virtual experiences," has secured $1 million in seed funding. The Hive led the round with participation from investors with Steltec Capital.
4 min read · 24 March 2015
Andreessen Horowitz has made a $20 million investment in Improbable, the latter company announced in a blog post on its site. In addition to this funding, Chris Dixon, a general partner at Andreessen Horowitz, has been appointed to Improbable's board of directors. Based in London, Improbable is a developer platform for simulated worlds. To read the post, visit here.
1 min read · 24 March 2015
Palo Alto, California-based Rubrik Inc, which provides a "time machine" for cloud infrastructure, has secured $10 million in Series A funding. Lightspeed Venture Partners led the round.
4 min read · 24 March 2015
Copenhagen and New York City-based social media management platform Falcon Social has raised $16 million in Series B funding. Prime Ventures led the round with participation from return backers Northcap and Target Partners.
4 min read · 24 March 2015
According to a blog post on its site, Accel has closed its fourth India-based fund at $305 million. Accel India IV will focus on tech startups as well as early-stage companies in the consumer, enterprise software, mobile and healthcare sectors. To read the announcement, visit here.
1 min read · 24 March 2015
Cambridge, Massachusetts-based Semma Therapeutics, a developer of cell therapy for Type 1 diabetes, has secured $44 million in Series A funding. MPM Capital led the round with participation from Fidelity Biosciences, ARCH Venture Partners and Medtronic. Also, the company has named Stephen Oesterle, senior vice president for medicine and technology at Medtronic, as a board observer.
4 min read · 24 March 2015
Skycure, a provider of mobile threat defense solutions, has raised $8 million in Series A funding. Shasta Ventures led the round with participation from other investors that included New York Life Insurance Company. Also, Rami Kalish, co-founder of Pitango Venture Capital and Jayaram Bhat, have been added to Skycure's board of directors.
5 min read · 24 March 2015
Utah-based small business lending marketplace Lendio has secured $20.5 million in funding. The investors were Napier Park's Financial Partners Group, Blumberg Capital, North Hill Ventures, Pivot Investment Partners and previous backers Tribeca Venture Partners, Runa Capital and Highway 12 Ventures. In conjunction with the funding, Dan Kittredge, managing director at Napier Park, and Chris Gottschalk, principal at Blumberg Capital, have been appointed to Lendio's board of directors.
4 min read · 24 March 2015
Utah-based Cotopaxi, a consumer outdoor gear and apparel company, has received $6.5 million in Series A funding. Greycroft Partners led the round with participation from other investors that included New Enterprise Associates, Forerunner Ventures and Lerer Hippeau Ventures.
3 min read · 24 March 2015
Boston-based app marketing and analytics platform Localytics has secured $35 million in Series D funding. Sapphire Ventures led the round with participation from return backers Foundation Capital and Polaris Partners. In addition to the funding, Doug Higgins, managing director at Sapphire Ventures, has been added to Localytics’ board of directors.
4 min read · 24 March 2015