SourceKnowledge raised $1.5 million in financing from BDC Capital, a subsidiary of the Business Development Bank of Canada. Based in Montreal, SourceKnowledge is a programmatic video platform that measures success based on post-click behavior.
3 min read · 02 March 2016
Brooklyn-based goTenna, maker of a device that enables smartphone users to communicate without cell towers, wifi routers or satellites, raised $7.5 million in a Series A round led by Walden Venture Capital. Investors in the round included MentorTech Ventures, BBG Ventures, Bloomberg Beta, Wareness.io, and others. In addition to the funding, goTenna announced its exclusive nationwide retail and online partnership with outdoor retailer REI.
3 min read · 02 March 2016
San Jose, California-based Appvance, which offers an app performance testing platform, closed a $5 million funding round led by Javelin Venture Partners with participation from H. Barton Investments and Three Bridges Ventures. This is the second round of funding for Appvance, bringing the total amount raised to $7 million.
3 min read · 02 March 2016
Blippar Inc, an augmented reality and artificial intelligence company based in London, closed a $54 million Series D funding round led by Khazanah Nasional Berhad, the strategic investment fund of the government of Malaysia. The round also included follow-on investment from Blippar’s existing investor base.
3 min read · 02 March 2016
New York-based Eight, which makes a smart mattress cover to track sleep patters, closed a $6 million seed funding round. Investors in the round include Y Combinator, Yunqui Partners, Azure Capital, Cota Capital, Comcast Ventures, Vast Ventures, Stanford University, Galvanize Ventures, Y Combinator partner and Scribd co-founder Jared Friedman and others. Eight was formerly known as Luna.
3 min read · 02 March 2016
Paris-based Augment raised over $3 million in Series A funding from Salesforce Ventures, Jean-François Chianetta, Augment co-founder and chief executive, told peHUB. The round brings the company’s total funding since launch to $4.7 million. Augment is an augmented reality platform that allows users to envision any object in their current environment. Saleforce Ventures is Salesforce’s corporate investment group.
4 min read · 02 March 2016
3 min read · 02 March 2016
Bandar Foods, a maker of Indian-inspired snacks and condiments, closed a $2 million seed funding round. Participants in the round include ACP, AccelFoods, Volta Global, and Karl Ulrich of the Wharton School of Business. Bandar is a recent graduate of AccelFoods, an early-stage investment platform.
3 min read · 02 March 2016
Cisco on Tuesday announced its intent to buy cloud management startup CliQr Technologies Inc for $260 million. Santa Clara-based CliQr makes software that allows companies to inter-operate between private, public and hybrid cloud environments. In an April blog post, the company said it had raised $38 million to date from backers including Polaris Partners, Foundation Capital, Google Ventures and TransLink Capital.The company was founded in 2010 by two former VMWare executives.
1 min read · 02 March 2016
Johnson & Johnson Innovation – JJDC Inc joined WellDoc's Series B financing round, bringing the round's total to $29.5 million. As announced in December, Samsung Ventures led WellDoc's initial Series B raise with existing investor Merck Global Health Innovation Fund serving as co-lead. WellDoc also announced a partnership with LifeScan Inc, a blood glucose monitoring business within the Johnson & Johnson Diabetes Care Companies. Baltimore-based WellDoc develops mobile solutions to drive behavioral and clinical change in chronic disease.
3 min read · 01 March 2016