Daily Funding Roundup


Daily funding roundup - December 23, 2015

PsiKick announced $16.5M; Shotang raised $5M; CloudDesire completed a $654k funding

Innovation series by Mitos Suson
December 23, 2015
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  • Altruista Health, Inc., a provider of population health management technology solutions for health plans and health care providers, announced today that it has secured a significant capital investment from Capricorn Healthcare & Special Opportunities (CHSO), a private investment firm exclusively focused on the healthcare and wellness sector. Through its investment, CHSO will partner with Altruista’s current owners and executive team, who will continue to lead the company. Financial terms of the transaction were not disclosed.

  • The Happy Home Company is aiming to eliminate the headaches of home maintenance and improvement, and it’s raised $3.5 million in seed funding. So far the company has raised $22,249,979, with another $27,750,021 left to go. While no investors are listed, Hemant Taneja, Managing Director of General Catalyst Partners, is. That firm has previously participated in the company's Series A, Series B and Series C rounds, so there's a good chance it invested in this round as well.

  • ClouDesire, a Pisa, Italy-based provider of application marketplace technology that lets any software become available in the Cloud, completed a €600,000 ($654,100) funding round. The round was led by TIM Ventures, the Corporate Venture arm of Telecom Italia Group. The company intends to use the funds to launch its global store of enterprise software applications and increase its European presence.

  • Gojimo, an app that helps U.K. high school students prepare for exams, has picked up a further $1.8 million in funding, bringing total raised by the 2013-founded startup to just over $3 million. Investors in this round include father and son duo Robin and Saul Klein, Deborah Quazzo of GSV Advisors, seed-stage investment platform Firestartr, and the London Mayor’s London Co-Investment Fund. In addition, some of the money raised came via equity crowd funding platform CrowdBnk.

  • In its recent round of funding, Bangalore based online business-to-business market place, Shotang has managed to bag $5 million funding from Exfinity Venture and Unitus Impact. Company will be using the amount in developing its technology and enhancing its operations. According to the future plans of the company, it will be increasing its product categories by adding 10-15 more products. Apart from increasing the product line, it will also going to add another feature which will provide a detail data of the product to retailers, manufacturers and suppliers which will help them in resolving their stocking issues.

  • PsiKick, an Internet of Things (IoT) systems company, today announces a $16.5 million Series B financing, led by Osage University Partners and joined by existing investors New Enterprise Associates (NEA), the University of Michigan Investment in New Technologies Fund (MINTS), as well as individual angels. This brings total funding raised by the Company to over $22 million. This Series B financing will allow us to continue hiring leading IoT engineering talent and developing completely batteryless systems based on these fundamental technologies.

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