Persimmon Technologies, a US-based vacuum robotics and hybrid-field motor technology company, has raised $6m series C funding funding from new investor ABB Technology Ventures, the corporate venture capital unit of the ABB Group, a Zurich-based power and automation technology group, as well as from previous investors including Intel Capital. Previously, in January 2013, Persimmon raised… Continue reading Persimmon impresses ABB
Month: March 2014
Nokia game for Omnidrone
Omnidrone, a Spain-based mobile gaming company, has raised its first institutional funding round of $2m from Nokia Growth Partners (NGP), the corporate venture investment firm affiliated to Nokia and focused on mobile technologies, seed fund London Venture Partners (LVP), and Madrid-based venture capital fund Kibo Ventures. The round was completed in February 2014 and will… Continue reading Nokia game for Omnidrone
Nokia Growth Partners places bets on PubMatic
Ranked by Deloitte as one of the fastest growing companies in the US Internet sector in both 2012 and 2013, PubMatic, an advertising platform company, has raised $13m in a deal led by Nokia Growth Partners (NGP). The latest investment brings the company’s funding to date to $76m.
ViSenze snaps up $3.5m in series A
Rakuten Ventures, the corporate venturing unit of Japanese electronic commerce and Internet company, Rakuten, has led and invested in a $3.5 m series round of funding that will accelerate R&D activities with strategic partner ViSenze, an online visual search technology company.
Wickr picks up $9m
Wickr, a US-based app startup which provides technology for secure and untraceable mobile communications, has raised over $9m series A funding led by venture capital investor Alsop Louie with investments from networking equipment manufacturer Juniper Networks and the Knight Foundation Nico Sell, co-founder and CEO of Wickr, said: “Gilman Louie of Alsop Louie is leading… Continue reading Wickr picks up $9m
RainDance springs GE finance
RainDance Technologies, a US-based maker of genomics tools for molecular testing of complex diseases, has closed a $16.5m series E financing round extension; new investors include GE Ventures and Northgate Capital, while all existing financial investors also participated. GE Ventures is the second strategic investor in RainDance, following an investment from Myriad Genetics in 2013.… Continue reading RainDance springs GE finance
Intel and Nike smile on Reflektion
Reflektion, a US-based, cloud-based retail analytics startup, has raised $8m in series A funding led by Intel Capital and including Nike. Reflektion provides a predictive analytics platform, through a software-as-a-service (SaaS) cloud model, which detects trends and predicts in real-time what each customer is likely to buy next. The company plans to use the funding… Continue reading Intel and Nike smile on Reflektion
Outfittery steps into $17.9m
Outfittery, a Germany-based curated, menswear ecommerce startup, raised €13m ($17.9m) funding in February led by venture capital firm Highland Capital Partners and including publisher Georg von Holtzbrinck Publishing’s former corporate venturing unit Holtzbrinck Ventures, Mangrove Capital Partners, state- and corporate-backed investment firm High-Tech Gründerfonds, RI Digital Ventures, IBB Beteiligungsgesellschaft and Kreativwirtschaft Berlin. The funding will… Continue reading Outfittery steps into $17.9m
Dassault Systèmes new to NuoDB
NuoDB, a US-based distributed database technology company, announced at the end of February that it had raised $14.2m series B funding, including the participation of new investor Dassault Systèmes, a France-based company which makes 3D design software, together with existing investors Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners. Total investment in NuoDB… Continue reading Dassault Systèmes new to NuoDB
Transphorm fills form for $15m
Energy efficiency technology company Transphorm, already backed by investors including Nihon Inter Electronics Company and Google Ventures, files for $15m fund raise.
Intel tunes into Newlans
Fabless semiconductor Newlans raises $15m series B funding round led by Intel Capital and including Lockheed Martin Corporation.
CounterTack tacks on $3m from Siemens
CounterTack, a US-based cybersecurity company which provides “real-time endpoint threat detection, context and visibility around targeted attacks” against enterprises, announced at the end of February that it had closed out its series B financing round with an additional $3m, to complete a $15m raise which had its first close of $12m in October 2013. With… Continue reading CounterTack tacks on $3m from Siemens
Lenovo opens Chinese door to Nok Nok Labs
Nok Nok Labs, a US-based authentication security technology provider, announced at the end of February that it had raised $16.5m series B funding from Hong Kong-based PC maker and personal technology company Lenovo Group Limited, and current venture capital investors DCM and ONSET Ventures. Together with the company’s series A financing, Nok Nok Labs has… Continue reading Lenovo opens Chinese door to Nok Nok Labs
ZenPayroll banks $20m
ZenPayroll, a US-based, cloud-based payroll solutions provider for small businesses, raised a $20m series A round of financing in February from venture capital firms General Catalyst Partners and Kleiner Perkins Caufield & Byers (KPCB), taking its total funding to date to $26.1m. ZenPayroll previously raised a $6.1m seed funding round in April 2012 from the… Continue reading ZenPayroll banks $20m