US

Symantec buys mobile security provider Appthority

Symantec announced this week it has agreed to acquire San Francisco-based Appthority, a provider of mobile security services. Terms of the transaction were not disclosed. The VC-backed company was founded in 2011 and raised more than $25 million in total funding from investors, including U.S. Venture Partners, Venrock, Blue Coat Systems and ForgePoint Capital. Appthority was named the “Most Innovative Company” at the RSA Conference’s startup competition in 2012. Co-founders included President Domingo Guerra.

Drivetime fetches $4 mln seed

San Francisco-based Drivetime, a developer of voice games for drivers, has raised $4 million in seed funding. The investors included Felicis Ventures, Fuel Capital, Steadfast Venture Capital, Webb Investment Network, Sinai VC, Canaan Partners, Access Ventures, Founders Fund, Index Ventures and The Chernin Group.

Partnerize reels in $9 mln

Partnerize, a provider of partner marketing software for global brands, has raised $9 million in funding. The investors included GP Bullhound.

Fraugster procures $14 mln Series B

Berlin-based Fraugster, a software company that uses artificial intelligence to prevent fraud for online retailers, has secured $14 million in Series B funding. CommerzVentures led the round with participation from Earlybird, Speedinvest, Seedcamp, Rancilio Cube and Munich Re/HSB Ventures.

Noro-Moseley Partners amasses over $70.5 mln for eighth fund

Noro-Moseley Partners has raised over $70.5 million for its eighth fund, according to an SEC filing. The target is $150 million. The Atlanta-based invests in early-growth information technology and healthcare businesses.

YotaScale rakes in $8 mln Series A

Menlo Park, California-based YotaScale, a provider of autonomous cloud operations, has raised $8 million in Series A financing. Crosslink Capital led the round.

Hong Kong tech startup PressLogic inks $10 mln

Hong Kong-based PressLogic, a tech startup, has raised $10 million in funding. The investor was Meitu Inc.

Southeast Asia ride-hailing platform Grab rides off with $250 mln

Grab, a Southeast Asia-based ride-hailing platform, has raised $250 million in funding. The investors are Hyundai Motor Company and Kia Motors Corporation.

Sapphire Ventures appoints marketing VP

Sapphire Ventures has named Scott Brown as vice president of marketing. Previously, he worked at Quantcast where he led global product marketing.

FLEx Lighting inks $9 mln Series B

Chicago-based FLEx Lighting, a provider of front lighting for low power displays, has raised $9 million in Series B financing. Energy Foundry led the round with participation from other investors that included SABIC Ventures and Bascom Ventures.