– Japan-based conglomerate Softbank has led a $3.8m series A round raised by Reonomy, the US-based developer of a commercial real estate research platform. The round also saw investment from FinTech Collective and existing backers Resolute Ventures, High Peaks Venture Partners and KEC Ventures. Reonomy raised $1.15m in seed funding in March 2013.
– US-based payment device manufacturer Ezetap is set to receive funding from financial services provider American Express, TechCrunch has reported. Ezetap closed an $8m series B round last month and has raised $11.5m in total, from Helion Venture Partners, Social + Capital Partnership and Berggruen Holdings.
– Live event and festival promoter SFX Entertainment has invested $3m in elevate DIGITAL, a US-based developer of digital advertising displays. The funding takes elevate DIGITAL’s overall equity to $7.2m since it was founded in 2011, and prior backers include Advantage Capital Partners and Partners Path Investments.
– MachineShop, a US-based startup that is developing an online services exchange for the Internet of Services, has emerged from stealth mode with a $3m equity round. The investors are security system provider Diebold, silicon and software developer CSR and business processor Xchanging, all of which are already MachineShop customers.
– L Capital Asia, the corporate venture unit backed by luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton, has acquired a majority stake in Singapore-based restaurant, club and lounge operator Ku Dé Ta, according to the Wall Street Journal. Terms of the deal were not disclosed.
– US-based Nitrous.IO, a developer of a cloud application platform for configuring complex web applications, has raised $6.65m series A round from Bessemer Venture Partners, 500 Startups, Crunchfund, Eduardo Saverin and Golden Gate Ventures. TIBCO Software did not participate but was among the investors in the company’s $1m seed round in April last year.
– Advertising and marketing company Interpublic Group has purchased a 10% stake in ADstruc, a US-based buying platform for the outdoor advertising industry, for $2m. ADstruc previously raised a $1.1m seed round in 2010 from DFJ Gotham Ventures, RRE Ventures, Founder Collective, SoftTech VC and BoxGroup.
– Innoviti, an India-based provider of payment services, has raised R100m ($1.64m) from investors including Tata Capital, the corporate venturing arm of India-based conglomerate Tata. Tata Capital invested R40m ($660,000), while the rest came from several high net worth individuals.