Daily funding roundup - August 25, 2015

Mitos Suson · August 25, 2015 · Short URL: https://vator.tv/n/3fba

Coursera raised $49.5M; BlueData Landed $20M; Simility secured $3.45M

  • As we have seen so many times in recent years, with hacks on Target, Sony and the U.S. government, and now most recently on Ashley Madison, Internet security is more important than ever before. As hackers get more sophisticated, it become imperative that a system combine human analysis with machine learning, so that it can catch the signals of a breach before it ever happens. Simility is a system that does just that, and now it has revealed that it has raised $3.45 million in its first round of funding, The seed round was led by Accel Partners.

  • Cybrary, a no-cost cyber security massive open online course (MOOC) provider, secured $400,000 in seed funding via Inner Loop Capital and New Stack Ventures. This round of seed funding will be used to increase Cybrary’s exposure, foster community growth, and develop additional course content.

  • Energy-tech startup carbonTRACK closed a new $2 million round of funding. The capital will be used to scale up the organisation within Australia and expand internationally. Founded by Leonie Ladgrove and Spiros Livadaras, carbonTrack allows users to track their energy use in their homes and pinpoint their biggest areas of cost and energy consumption. The application also allows its users to turn appliances on and off via their mobile phone no matter where they are in the world, helping them manage their usage in a more productive and effective manner.

  • EazyDiner, an online table reservation venture co-founded by well-known Indian food journalist Vir Sanghvi, has secured US$3 million in Series A funding co-led by returning investor DSG Consumer Partners (the backer of OYO Rooms, Zipdial and Mswipe) and Saama Capital (an investor in e-commerce majors such as Snapdeal and Paytm). EazyDiner, which started with operations in Delhi in late 2014, has also announced its expansion into Mumbai. The startup will use the funds to further expand into other Indian cities, with plans to launch in Bangalore and Pune by the end of this year.

  • Apto, a provider of cloud-based CRM and deal management software for the commercial real estate industry, raised $8 million in a Series B round of funding led by Adams Street Partners. The new capital will enable the company to accelerate product innovation, expand sales and marketing efforts, and scale operations to meet rapidly growing demand for its brokerage management technology. With this latest investment, Apto has now raised a total of $10.4 million to fuel growth, innovation and customer success.

  • FluGen Inc., a biotechnology company developing a novel "universal" influenza vaccine, completed a $12 million Series A financing. Venture Investors LLC, the Wisconsin Alumni Research Foundation (WARF), the State of Wisconsin Investment Board, and other new investors participated in this first institutional financing of the company, along with many of FluGen's existing investors led by Knox LLC.

  • Nok Nok Labs, an innovator in modern authentication and a founding member of the FIDO Alliance, announced that it has completed the second and final closing of $8 million in its Series C Financing, raising a total of $16.25 million.  This total amount includes the existing $8.25 million raised in December 2014. New strategic investors were added to the oversubscribed round, including DaouKiwoom Group from South Korea;DOCOMO Capital from Japan; and Thundersoft from China. 

  • BlueData, a startup with an application companies can use to run big data software like Hadoop and Spark on their existing data center infrastructure, announced today a new $20 million round of funding. The company also announced a major new partnership deal with chipmaker Intel. Existing investor Intel Capital led the new round in BlueData. An unnamed new investor is also onboard, as are existing investors Amplify Partners, Atlantic Bridge, and Ignition Partners.

  • Coursera, a Mountain View, Calif. company that serves 16 million online learners, raised another $49.5 million in venture funding, chiefly to help finance global expansion. This time, the backers’ list extends beyond the usual coterie of Silicon Valley financiers to include a newcomer — Times Internet Ltd. of India.

  • Drone startup EHANG has scored a $42 million Series B to develop its technology and launch new products. Led by GP Capital, the round also included participation from returning investors GGV Capital, ZhenFund, and PreAngel, as well as Lebox Capital and OFC. EHANG, the maker of app-controlled drone Ghost for consumer and industrial users, raised a Series A of $10 million in December. The company plans to launch its next generation of drones this year and says its newest capital will be used to develop new products and expand its app ecosystem.

  • AMCS, an end-to-end, integrated software solutions for the waste and recycling industry, announced a $50 Million (EUR 45 Million) investment, led by Insight Venture Partners (Insight), a New York-based private equity and venture capital firm, with participation from the Ireland Strategic Investment Fund (ISIF). The company will use the new capital to fuel continued global expansion, which will include strategic acquisitions in its existing core markets and central Europe. It will also support AMCS' pioneering product innovation as it continues to develop its market leading ERP, logistics, SAAS, and mobile solutions for the high growth waste, material processing and transport sectors.

  • Greenhouse Software, a San Francisco and New York City-based recruiting optimization platform, raised $35 million in Series C funding. The round was led by Thrive Capital with participation from existing investors Benchmark and The Social+Capital Partnership as well as Groupe Arnault. The company intends to use the funds to hire additional people, to further expand its sales, marketing, services and product development initiatives and to grow in new markets.

  • Digital health innovator DynoSenseclosed a $9.4 million Series A funding round, with participation from WI Harper Group; JKOM Cloud Health Technology Co; Plug and Play Tech Center; Jinmao Capital; and Wilson, Sonsini, Goodrich and Rosati. The company will use the proceeds to support U.S. regulatory clearance and commercialization of its patented Dyno, the world’s first fully integrated multi-function health scanner technology that can capture more than 33 critical health metrics in less than 60 seconds with a single user action.

  • Scality, a software-based storage for the information age, has completed a $45 million Series D funding round. The latest funding round includes new entrant and strategic partner BroadBand Tower, Inc. (BBTower), all existing investors, led by Menlo Ventures, and 65% of the Scality staff, bringing the total investment in Scality to $80 million. Scality will use the funds to continue to increase its salesforce in North America, continue to expand internationally and actively support its resellers.

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: everyinvestor.co.uk

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Mitos Suson

I am currently affiliated with Vator. I co-produce the Vator Events and enjoy the challenge. I am learning and growing a lot, being involved with Vator and I love it!

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