Podcorn raised $2.2M; PTO Exchange landed $3M; SpotQA secured $3.25M; Syzygy Plasmonics closed $5.8MRead more...
GoEuro raised $45M; Dose Media secured $25M; Rubius Therapeutics received $25M funding
- eCurrency Mint (eCM), a Dublin, Ireland-based provider of technology that enables central banks to issue digital fiat currency, called eCurrency, raised a Series C round of funding of undisclosed amount. The round was led by Omidyar Network, which made the investment through its Financial Inclusion initiative. The company will use the funds to make the technology available to central banks around the world.
- After raising $100,000 four months back, Social networking app VoxWeb has now raised an amount of $350,000 in led by an undisclosed investor. The new funding will be primarily utilised towards the startup’s latest initiative, a talking picture app – Speaking Orange Line Picture as well as also be used to further build its technology, across the Android and iOS platforms. The startup is calling the fresh funding a part of the seed round itself.
- A company capitalizing on the growth of mobile messaging, and in particular the reach of Apple’s iMessage, Slash, has now raised $1.3 million for its development of a search engine that’s tucked inside of your keyboard. Investors in the round include Betaworks, SocialStarts, Galvanize, Angel.co, and individuals such as Giphy CEO Alex Chung, Wayne Chung, and Paul Sethi.
- Atmo Select, a Reykjavic, Iceland-based provider of in-store music for businesses, secured $1.5 million in funding. Brunnur Ventures, a $30 million venture capital fund based in Iceland, made the investment. Led by CEO Ivar Kristjansson, who co-founded and formerly served as CEO and CFO for online gaming company CCP Games, ATMO Select enables retailers to create, control and precisely customise music program schedules to adjust store mood to the day of the week, or time of the day, based on strategic brand profiling across their businesses.
- Savonix Inc., a developer of an evidence-based digital neuro-cognitive assessment and brain health platform, announced today the closing of $1.5 million in seed round funding. Savonix plans to use the investment to hire key talent and to launch and scale its flagship assessment product. RoundGlass Partners led the financing round with additional participation from Kickstart Seed Fund, BMNT Capital, and strategic San Francisco-based angel investors Bandel Carano and Connecticut based, Ed Glassmeyer, among others.
- Anodot, a business intelligence startup that specializes in anomaly detection, exited stealth on Wednesday and announced a $3 million Series A funding round led by Tel Aviv- and New York-based Disrupt-ive Fund. Its total funding to date is $4.5 million. They use machine learning algorithms to identify system anomalies. Already counting prominent tech companies Wix and Avantis among their clientele, the new round will help them expand their sales strategy toward IoT, e-commerce, and adtech companies abroad.
- Seerene, an analytics provider, announced today it raised $5 million in Series A funding earlier this year to scale the company and bring its SaaS platform of the same name to the U.S. and Asia. The funding round was led by Earlybird Venture Capital, and included backing from other investors. Oliver Muhr recently joined Seerene as CEO to scale the company and oversee its expansion into the U.S. and Asia.
- GROUNDFLOOR, a real estate lending marketplace open to non-accredited investors, today announced that the company has closed a $5 million Series A round led by Fintech Ventures. Previous investors also participated in the round, bringing the company’s total financing to $7.5 million to date.
- CloudEndure, a provider of live-migration and disaster recovery solutions, has announced that it has closed a round of funding in the amount of $7 million dollars. Infosys, an information technology services provider working with the world’s leading enterprises, co-led the round, along with previous investor, Magma Venture Partners. The new capital will enable CloudEndure to scale its sales and marketing operations to meet increasing demand for its enterprise-grade Disaster Recovery (DR) solution.
- Panacea Pharmaceuticals, Inc., has closed its Series E financing for a total of $15 million and is in a strong position to complete the Phase 1 clinical study of its lead cancer immunotherapeutic drug, as well as pursuing its late-stage pre-clinical candidates toward integrated cancer management. The company has also secured an additional $2 million optional financing commitment in this series.
- Rubius Therapeutics, a Cambridge, MA-based newly formed company that develops functionalized red blood cells for the treatment of autoimmune conditions, metabolic diseases, cancer, and other serious diseases, received $25 million in funding. The founding investment was made by Flagship Ventures. The company intends to use the funds to enter clinical testing of its novel therapeutic modality.
- Dose Media, a Chicago-based viral content company founded by Emerson Spartz, has raised $25 million in Series B funding from Tribune Media and Ronin Capital. Spartz said the funding will help Dose triple its 32-person team to more than 100 within a year, add a sales office in New York, expand into new areas of content, invest in video production and grow traffic. He said Dose properties now draw 50 million monthly unique visitors. The company raised $9.5 million in previous funding rounds.
- GoEuro has landed the biggest round yet given to a door-to-door travel startup, secured a $45 million investment from Goldman Sachs. Other new investors include Atomico, Yuri Milner and Tom Stafford, Sebastian Siemiatkowski (Klarna) and Ilkka Paananen (Supercell). The latest round, a Series B investment, comes just 16 months after its Series A to the tune of $27 million, in a package led by New Enterprise Associates (NEA) and included all of its previous investors in fresh raises: Battery Ventures, Hasso Plattner Ventures, and Lakestar. The company had also taken a $4 million in seed funding in March 2013.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to firstname.lastname@example.org.
Image source: techpulseweekly.com
Read more from our "Daily Funding Roundup" series
Ally raised $8M; Blokable secured $23M; RedDoorz landed $70MRead more...
Miko raised $7.5M; Commsignia closed $11M; FlyHomes landed $21M; Nurx secured $32MRead more...
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