Striim Inc, a real-time data integration platform based in Palo Alto, California, raised an additional $10 million in Series B funding from Atlantic Bridge Capital, bringing the company's total Series B funding to $30 million. Previously announced investors in the round include Intel Capital, Summit Partners and Panorama Venture Partners. In conjunction with the investment, Kevin Dillon, general partner at Atlantic Bridge, will join Striim's board as an observer.
3 min read · 16 March 2016
Ping An Ventures, the venture capital arm of Ping An Insurance Group, led a $10 million Series A investment round in Prenetics. Based in Hong Kong, Prenetics offers a test to help physicians prescribe medications and dosages based on a patient's unique genetic profile. Other investors in the round include Venturra Capital, a fund backed by Indonesia's Lippo Group, Capital Union Investments and existing investors 500 Startups and COENT Venture Partners.
2 min read · 16 March 2016
Home security company Ring, which makes smart video doorbells, raised $61.2 million in a Series C funding round led by Kleiner Perkins Caufield & Byers with participation from existing investor Sir Richard Branson.
3 min read · 16 March 2016
HealthQuest Capital closed its second fund at its $225 million hard cap, exceeding an initial target of $175 million in commitments.
1 min read · 15 March 2016
Tel Aviv, Israel-based Shoppimon Ltd, which helps e-commerce companies understand website performance, closed a $2.3 mln seed funding round. Investors include AOL, StageOne Ventures, Explore and 2B-Angels.
3 min read · 15 March 2016
Skyport Systems, an enterprise security architecture company based in Mountain View, California, raised $30 million in a Series C funding round led by GV (formerly Google Ventures). New investors Cisco Investments, Thomvest Ventures, Northgate Capital and InstantScale participated in the round as well as all existing backers Index Ventures, Sutter Hill Ventures and Intel Capital. The round brings Skyport's total funding to $67 million.
5 min read · 15 March 2016
Next Insurance, which plans to launch an online insurance solution for small businesses, raised $13 million in seed funding from Zeev Ventures, TLV Partners and Ribbit Capital. The company's three founders are former executives at mobile payments company Check, which was acquired by Intuit in 2014 for nearly $400 million.
3 min read · 15 March 2016
PowerCore Inc, which offers a platform for for independent mobile game companies, raised $2 million in seed funding. East Ventures, 500 Startups, Golden Gate Ventures, and Cherubic Ventures participated in the funding round. PowerCore has offices in Palo Alto, California and Tokyo, Japan.
3 min read · 15 March 2016
Charlottesville, Virginia-based ChartIQ, which offers financial charting for capital markets, raised $4 million in a Series A financing round led by Illuminate Financial, with participation from existing investors ValueStream, Tribeca Angels and several angel investors.
3 min read · 15 March 2016
Arterys Inc, a medical imaging company using machine learning to create diagnostic software, closed its Series A financing round at over $12 million. The investment round was led by Emergent Medical Partners with participation from new investors GE Ventures, Stanford-StartX Fund and Norwich Ventures as well as existing backers Asset Management Ventures, AME Cloud Ventures and Morado Ventures.
3 min read · 15 March 2016