The digital services company has provided $3.75m to three internet of things startups as part of its IoT Best in Breed initiative.
Month: February 2015
Cisco and Alcatel-Lucent join Team8
Israel-based Team8 will incubate and launch cybersecurity startups, supported by $18m of series A funding from backers including Alcatel-Lucent and Cisco.
DigiSight sees GE for $7.8m series B
US-based software company DigiSight Technologies has secured $7.8m in a series B round featuring GE Ventures, the corporate venturing unit of conglomerate General Electric. Biosys Capital, Waycross Ventures and Lagunita also participated in the round, alongside undisclosed existing investors. The company has not disclosed previous rounds. DigiSight’s technology enables remote, real-time patient monitoring by sending… Continue reading DigiSight sees GE for $7.8m series B
Bottlenose sniffs out $13.4m
Big data analytics company Bottlenose raised the money in a series B round led by professional services firm KPMG.
Aventura records $14m series C
Siemens and Merck-backed Aventura has developed a platform using electronic health records to improve workflow in hospitals.
IBM launches $60m South African technology hub
The computer company will partner with local startups, government agencies and universities to boost mobile and big data technology.
Lamudi houses Tengelmann in $18m series B
Rocket Internet-owned online property listings company Lamudi has increased its total funding to $25m with backing from existing investor Tengelmann.
Cheyipai drives away with $110m
Online automotive trading platform Cheyipai raised the money in a series D round featuring Renren and Tencent, taking its total funding to $185m.
Stevenswood opens door to BGF
The bank-backed Business Growth Fund has provided $5.3m in expansion funding for door, kitchen and window maker Stevenswood.
Ex-corporate venturers form $150m VC firm
Brian Kang, from Samsung Ventures and Connie Sheng from Foxconn are seeking $150m for a venture capital firm that has reportedly secured corporates as backers.
Facebook starts up app developer funding programme
The social media company will provide up to $30,000 in services for fledgling app developers.
RVL to take off with BGF funding
The aircraft services provider will use the funding to renew its fleet and create an oil-spill dispersal spray system.
Quantum Biosystems leaps to $20.5m
The genome sequencing technology developer raised the funding from backers including the venture capital arms of Mitsubishi and Mizuho.
CareDx looks after $40m IPO
Intel-backed transplant surveillance technology company CareDx has raised $40m in its initial public offering.