Relay Ventures invests in $20 mln Series C funding of PubNub
PubNub, a U.S. data stream network for mobile applications and the Internet of Things, has secured US$20 million in Series C financing. The round was led U.S. venture capital firm Sapphire Ventures and was joined by existing investors, including Canada's Relay Ventures, which led the company's Series A financing in 2012. Scale Venture Partners also invested. PubNub said the proceeds of the latest round will help fuel its global growth and accelerate its plans to scale up sales and marketing operations to meet demand. Founded in 2010, the company has its headquarters in San Francisco.
2 July 2015•3 mins read
