Daily funding roundup - February 11, 2016
Veniam raised $22M; DigiSchool secured $15.8; Label Insight completed $10M Series B funding
- First Stop Health, a provider of 24/7 telemedicine services, secured a $2.1 million seed round of funding led by existing investors, including angel investors and company co-founders Patrick Spain and Dr. Mark Friedman. Also contributing were new investors, including technology entrepreneurs and an unnamed European investment group. The company has raised a total of $5.6 million to date. This year, First Stop Health says it will use its seed capital to continue expanding the physician network, growing sales and marketing, and expanding its technology offerings.
- DataCamp, an online data science school, closed an additional $1 million seed funding round from Accomplice. The money will be used to open a new office in Cambridge, expand the team and launch the new Groups functionality. DataCamp Groups is designed for enterprise teams or university classes to learn together, better retain knowledge and advance high-demand data science skills. This brings DataCamp’s total seed funding to $2.3 million.
- Finnish startup ThingLink closed a $1.3 million financing round to expand its software-as-a-service (SaaS) offering to virtual reality annotation. Investors in the round are Inventure, Steelhead Ventures as well as Run Capital, led by Andrey Romanenko, founder of global payment service QIW. ThingLink is due to launch a beta version of its new VR editor with key partners in the coming weeks.
- OnePark, a Cergy, France-based provider of a platform to find & book parking space, raised €2.5 million (approximately $2.83 million) in funding. Backers included Keolis. The company intends to use the funds to accelerate its sales efforts and development efforts and expand its geographic reach. Co-founded in 2013 by David Vanden Born and Gilles Latouche, OnePark allows a web and mobile platform that allows people to book their parking spot in real time.
- Diffbot, a Palo Alto, CA-based platform, secured $10 million in Series A funding. The round was led by Tencent and Felicis Ventures, with participation from Andy Bechtolsheim, Amplify Ventures, Valor Capital, Bill Lee, and Georges Harik. The company intends to use the funds to build the platform.
- Sky-Futures, a drone startup that flies drones around oil rigs and gas pipelines, raised an additional $5.7 million. This follows an earlier $3.8 million Series A back in May. Backing comes from Bristow Group, a helicopter service provider to the energy industry who have invested $4.2 million, while existing investor MMC Ventures followed on with $1.5 million in funding.
- Label Insight, a provider of software-as-a-service (SaaS) data solutions providing insights for and strengthening the connections between CPG brands, retailers and consumers, completed $10 million Series B round of funding. The round was led by a strategic investment from KPMG Capital, KPMG International's global investment fund. Label Insight will use the funds to develop new products, broaden custom data views and expand data science capabilities in order to better serve the needs of customers, which include some of the largest US-based CPG brands, retailers and consumer advocacy groups.
- Online education platform Digischool raised €14 million (approximately $15.86 million) led by Creadev, an investment arm for the Mulliez family, a French distribution power behind Auchan, Leroy Merlin, Boulanger & Decathlon, among others. The investment round also included Clément Cézard. Digischool owns 13 web sites & 10 applications which create a complete digital education curriculum – everything from English lessons to high school exit exams, from professional education to driving school.
- Veniam, a European startup, raised a $22 million Series B round led by Verizon Ventures. The round included new investors Cisco Investments, Orange Digital Ventures, and Yamaha Motor Ventures. Existing investors Cane Investments, True Ventures and Union Square Ventures also participated. Veniam will use the new money on two fronts: expand its platform to deliver managed services via connected vehicles deployed in urban fleets, airports, factories and various other environments where vehicles move people and goods, including New York, Singapore, Barcelona, and London, and to grow its teams in Silicon Valley, Porto and Singapore.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to mitos@vator.tv.
Image source: venturebeat.com
Mitos Suson
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