The Flex-backed developer of the Muse meditation headband aid has secured $11.6m in a round that will fund the growth of its developer marketplace.
Author: Sam McCaffrey
Baidu lines up new fund for 2018
The internet company is to launch a fund sized at $200m or more that will target technologies such as AI, computer vision, voice identification and cybersecurity.
Toutiao touches Live.me with $50m
Bytedance, the operator of online news provider Toutiao, has agreed to provide $50m of series B financing for Live.me, a China-based video streaming platform. Live.me, which was spun out of of mobile internet company Cheetah Mobile, is a mobile platform that enables users to broadcast live video that can be overlaid with augmented reality stickers.… Continue reading Toutiao touches Live.me with $50m
VisitPay bills Ascension in $15m series A
US-based healthcare billing software developer VisitPay has closed a $15m series A round that included Ascension Ventures, the corporate venturing vehicle for healthcare provider Ascension Health. VisitPay announced the round, which was led by venture capital firm Norwest Venture Partners, without stating its size, before CEO Kent Ivanoff revealed the amount to MedCity News. Formerly… Continue reading VisitPay bills Ascension in $15m series A
Verizon hops on board Optibus
Verizon Ventures has contributed to a $12m series A round that Optibus will use to further develop its transport optimisation technology.
Panorama Education widens funding with $16m
The GV-backed learning data provider has secured series B cash that will support data integration and hiring, taking its total funding to $32m.
CargoX delivers $20m in series C round
Goldman Sachs, Qualcomm and Ability Logistics invested in a round that boosted the trucking services provider’s overall funding to $34m.
Proofpoint checks off $110m Cloudmark acquisition
Proofpoint will purchase fellow cybersecurity software provider Cloudmark in a $110m cash deal that will allow Nokia and Sumitomo to exit.
Volocopter lands Intel as investor
E-Volo has secured $5.8m in funding from Intel and Btov Partners as it continues development on its Volcopter unmanned aerial vehicle.
Fazer makes smooth move with Froosh acquisition
Unilever Ventures had held a majority stake in smoothie brand Froosh since 2008, but has exited through an acquisition by Fazer for an undisclosed sum.
Excelero closes $25m block of funding
The data storage provider has secured $25m in a series B round led by Battery Ventures that included Qualcomm Ventures.
Jitterbit absorbs $25m
The cloud integration platform, which is backed by Autodesk and Salesforce, has secured $25m in series C funding to expand its international presence.
Merck and CRDC establish innovation fund
The pharmaceutical firm has joined forces with Centre for Drug and Research Development to fund new life science therapies.
Yixue fixes $41m in funding
China-based online education provider Yixue Education has closed a RMB270m ($41m) angel round featuring corporates Susquehanna International Group (SIG), Nokia and New Oriental Education and Technology Group (NOETG), China Money Network reported yesterday. Technology and trading firm SIG, educational services provider NOETG and communications technology provider Nokia, which invested through its Nokia Growth Partners unit,… Continue reading Yixue fixes $41m in funding