Existing backer Google Ventures has returned for the authentication service provider’s latest round, which boosted its overall funding to $48m.
Month: April 2015
Movidius spots corporates for $40m series E
The imaging chip maker has now raised a total of $86.5m, after closing a round featuring Robert Bosch and Sunny Optical Technology.
Ninebot nets $80m and buys Segway
Personal transportation company Ninebot raised its first external funding in a Xiaomi-backed round and has used the cash to buy electric vehicle maker Segway.
Intel Capital launches two Chinese startup initiatives
Intel has set up a $12.8m angel fund in China, which will operate under its $19m internet of things-focused Mass Makerspace Accelerator programme.
Dentsu launches new corporate venturing unit
Dentsu Ventures is armed with more than $40m in capital and will invest in communications and marketing technology startups in the US, Japan and Europe.
The Andersons forms strategic investment unit
The agribusiness’ new unit, Maumee Ventures, will invest up to $5m at series A and B stage in companies compatible with its operating areas.
NPM secures $8m funding package
The Asynch Media-backed Javascript package manager has now raised $10.6m in total, as it releases a new paid feature for its users.
Kujiale designs $10m IDG-backed series B
IDG Capital Partners, an investment affiliate of technology media company International Data Group, has participated in a $10m series B round for China-based interior design company Kujiale, Technode reported today. The round was led by GGV Capital and also included Hearst Ventures, the corporate venturing unit owned by media company Hearst, as well as social… Continue reading Kujiale designs $10m IDG-backed series B
Japan-based corporates unveil $17m venture fund
The early-stage venture fund, set up by biotech company Euglena, has harnessed support from a range of corporate limited partners
Renren helps build $109m of funding for LendingHome
Renren led a $70m series C round for the mortgage marketplace, bringing its funding to almost $110m, as it reaches $100m of loans processed in its first year of operation.
Stem branches out with $12m
US-based energy optimisation service provider Stem closed the $12m first tranche of its series C round today, with the tranche led by diversified conglomerate Mitsui. Founded in 2009 as Powergetics, Stem has developed an energy storage system linked to a cloud-based big data and predictive analytics platform that enables businesses to store energy on-site and… Continue reading Stem branches out with $12m
Otsuka helps inject $15m into ReCor
ReCor Medical raised the money in a series D round led by healthcare group Otsuka Holdings that will support a trial study for its hypertension treatment device.
Planet Labs closes series D at $118m
Planet Labs received $23m from IFC to close out a round that boosted the O’Reilly Media-backed satellite imaging company’s total funding to more than $180m.
Rakuten to eat Popsugar in $580m deal
The online media company, which once counted NBC Universal as an investor, is set to be the latest in a series of big US deals for Rakuten.