Misfit Wearables said Friday that it has closed $15.2 million in Series B financing. Hong Kong-based Horizons Ventures led the round with participation from Founders Fund, Khosla Ventures, Norwest Venture Partners, OATV, Max Levchin and incTANK. Other new backers include Translink Capital, The Coca-Cola Company, TenOneTen Ventures, Atom Factory and Nick D'Aloisio. In conjunction with the funding, Horizon's Jason Wong will join Misfit's board. Headquartered in Redwood City, Calif., Misfit Wearables is a maker of wearable computing products.
2 min read · 06 December 2013
Sketchfab has raised $2 million in funding. Balderton Capital led the round with participation from Partech Ventures, Borealis Ventures and David Cohen, founder of TechStars. Based in Paris and New York, Sketchfab is an online publishing platform for interactive 3D files.
3 min read · 06 December 2013
According to Forbes, Palantir Technologies has raised $58 million in a round targeting $100 million at a $9 billion company valuation. The publication reported that it was unclear which investors had participated in this current round. However, Palantir's previous backers included In-Q-Tel, Tiger Global and Founders Fund. Headquartered in Palo Alto, Calif., Palantir is a developer of analytics platforms for financial and intelligence clients.
1 min read · 06 December 2013
The New York Times reported that Homejoy, a San Francisco-based home cleaning startup, has closed $38 million in funding. Investors in the round included Google Ventures, Redpoint Ventures and entrepreneur Max Levchin.
1 min read · 06 December 2013
According to VentureWire, Citrus has raised $5.5 million in funding. Sequoia Capital was one of the investors. The site reported that the capital will be used for expansion into Asian markets. Based in Mumbai, India, Citrus is a provider of payment solutions.
1 min read · 06 December 2013
NewLeaf Symbiotics, an agricultural biotech firm in St. Louis, Missouri, said Friday that it has acquired Intuitive Genomics. No financial terms were disclosed. Also, Dr. Todd Mockler has been named vice-president of genomics at NewLeaf while Dr. Doug Bryant will assume the role of vice-president of bioinformatics at NewLeaf. And, Dr. James C. Carrington has been added to NewLeaf's science advisory board. Intuitive Genomics is a provider of custom bioinformatics solutions. NewLeaf is backed by Rockport Capital, Open Prairie Ventures and Pangaea Ventures.
3 min read · 06 December 2013
Berlin-based smart home startup Yetu AG has closed its Series A financing. Although the exact financial terms were not disclosed, the company revealed the figure to be "mid-range, single-digit million euros". Bilfinger Venture Capital led the round with participation from KfW Banking Group's ERP Start Fund.
3 min read · 06 December 2013
NSS Labs has secured Series A funding from LiveOak Venture Partners. No financial terms were disclosed. Also, NSS Labs has named Venu Shamapant, general partner of LiveOak Venture Partners, to its board of directors. Based in Austin, Texas, NSS Labs is a provider of research and analysis of information security products.
3 min read · 05 December 2013
According to a company spokesperson, Takipi has raised $4.5 million in Series A funding. Menlo Ventures was the lead investor. Also, Venky Ganesan will join Takipi's board and Avery More will serve as its chairman. Takipi is a provider of code debugging solutions for developers.
1 min read · 05 December 2013
Mozido said Thursday that it has received the first $30 million of a committed $70 million round of financing. An unnamed Boston-based investment advisor was the lead investor. Other investors include Brentwood Investments, TomorrowVentures, Atlanticus Corp. and Bob Turner of Turner Investments. Also, Mozido has named Ric Duques as chairman of its board. Based in Austin, Texas, Mozido is a provider of cloud-based, mobile payment, shopping and marketing solutions.
2 min read · 05 December 2013
