GuideSpark, a US-based video technology startup which provides HR departments with employee communications videos, has raised $15m series B funding from new investor New Enterprise Associates along with existing investors IDG Ventures, an investment network whose limited partners include IT media company International Data Group, and early stage venture capital investor Storm Ventures. In August… Continue reading GuideSpark catches $15m
Author: Quentin Carruthers
Saxena to power cognitive computing startups
Manoj Saxena, who helped build IBM’s Watson computer, is joining venture capital firm The Entrepreneur’s Fund to invest in cognitive computing startups.
Sribu chalks up Infoteria funding
Indonesian crowdsourcing graphic design platform Sribu.com raises series A funding from Japanese software company Infoteria Corporation.
Smarterer buzzes for $1.6m
Smarterer, a US-based startup which provides skills assessment technology, and is already backed by Google Ventures and venture capital firm True Ventures, has closed a $1.6m series B round of funding including from new investors Rethink Education, a venture firm focused on education technology, and Deborah Quazzo, managing partner of GSV Advisor, a broker dealer… Continue reading Smarterer buzzes for $1.6m
Siemens arrives at Polarion
Siemens Financial Services’ venture capital unit (SFS VC), the corporate venture capital organization of German engineering and electronics conglomerate Siemens, has made a strategic corporate investment of $10m series A funding in Germany- and US-based Polarion Software, maker of application lifecycle management (ALM) technology for software and product development, The investment, the first outside funding… Continue reading Siemens arrives at Polarion
Midverse Studios engages IDG
Mobile gaming platform Midverse Studios raises $6.5m from investors including IDG Ventures USA and IDG Capital Partners.
Hearst Health Ventures taken by Tonic
Hearst Health Ventures, a recently formed corporate venturing unit of media and information company Hearst Corporation, announced in February an undisclosed amount of investment in Tonic Health, a US-based medical data collection platform. As part of the investment, Ellen Koskinas, managing director of Hearst Health Ventures, joins the Tonic Health board of directors. Steven Swartz,… Continue reading Hearst Health Ventures taken by Tonic
Persimmon impresses ABB
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
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
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