Swit raised $6M; GetAccept landed $7M; DMC closed $10.3M; NEAR secured $12.1MRead more...
SIRIN Labs closed $72M Series A round; Helium raised $20M; Kamcord nabbed $10M funding
- azeti Networks AG, a provider of remote asset management software serving the IoT market, closed a $4 million dollar round of funding led by Wim Elfrink, a IoT leader who recently held the position of Executive Vice President, Emerging Solutions and Chief Globalization Officer at Cisco Systems. To date azeti has raised more than $21 million dollars in private equity funding, propelling the business forward as the de-facto standard for 'IoT Intelligence at the Edge' embedded on market-leading IoT gateways.
- Kamcord, a startup originally focused on streaming mobile gameplay, now lets Android owners broadcast whatever's on their phone screen with one click. Along with the new update, Kamcord secured a $10 million Series C funding led by Time Warner. The funding round also had participation from its previous lead investor, Tencent, as well as Translink Capital, XG Ventures and Wargaming.
- An Australian startup Unlockd landed a $15 million (AUD) ($11.6 million USD) funding round to bring ads to users’ smartphones in exchange for discounts and financial perks related to their mobile phone bills. Today’s funding round, which includes PLC Ventures, Peter Gammell, Sam Mostyn, Radek Sali (CEO, Swisse Wellness), and Greg Roebuck (CEO/founder of carsales.com.au), will be used to help Unlockd take its technology to new markets.
- Helium raised $20 million in a new round of funding for its smart industrial sensor business. The San Francisco company has also created a new sensor, the Helium Green, for the industrial and enterprise applications of the Internet of Things, which makes everyday objects smart and connected. The round was led by GV (formerly Google Ventures), with participation from Khosla Ventures, FirstMark, and Munich RE/Hartford Steam Boiler Ventures. GV general partner Andy Wheeler will also join Helium’s board.
- Augmedix, a startup out of San Francisco that has developed a platform for doctors to collect, update and recall patient and other medical data in real-time, raised $17 million in a strategic round. The investment comes from five of the biggest healthcare providers in the U.S. — Sutter Health, Dignity Health, Catholic Health Initiatives (CHI), TriHealth Inc., and a fifth that is remaining unnamed for now. Together, these groups — which operate hospitals and other facilities, and in other aspects compete against each other for business in the healthcare industry — cover about 100,000 doctors and other healthcare providers and millions of patients. The idea will be for Augmedix to supply these physicians and other staff with their connected eyewear.
- After breaking records with their $25 million seed round back in October 2014, SIRIN Labs closed $72 million Series A round in new funding to help bring their “Rolls Royce” of cell phones to market. The new deluge of capital comes from Chinese social networking platform Renren, joining seed round funders Hogeg’s Singulariteam and Rakishev to put together this massive round. Combined with their seed, the young company’s coffers nearly reach the $100 million mark.
VC's Raising Funds
- Ares Management, L.P., an alternative asset manager, closed its fifth global flexible capital private equity fund, Ares Corporate Opportunities Fund V, L.P. (“ACOF V” or the “Fund”). Fundraising began in the third quarter of 2015 with an initial target of $6.5 billion. The Fund held its final closing on $7.85 billion of total commitments, which includes $250 million of GP commitments principally from employees and $7.6 billion of third-party commitments. Approximately 80% of the Fund’s limited partner commitments came from existing investors in one or more of the Ares Private Equity Group’s four prior ACOF funds.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to email@example.com.
Image source: pando.com
Read more from our "Daily Funding Roundup" series
Dataform landed $2M; Unibuddy closed $5M; Anvyl has secured $9.M; Stratasan raised $26MRead more...
Perq raised $6 M; Jacobi closed $7.7M; Lightico landed $14.5M; Sinequa secured $23MRead more...
Related Companies, Investors, and Entrepreneurs
Joined Vator on
Khosla Ventures offers venture assistance, strategic advice and capital to entrepreneurs. The firm helps entrepreneurs extend the potential of their ideas in both traditional venture areas like the Internet, computing, mobile, and silicon technology arenas but also supports breakthrough scientific work in clean technology areas such as bio-refineries for energy and bioplastics, solar, battery and other environmentally friendly technologies. Vinod was formerly a General Partner at Kleiner Perkins and founder of Sun Microsystems. Vinod has been labeled the #1 VC by Forbes and Fortune recently labeled him as one the nation's most influential ethanol advocates, noting "there are venture capitalists, and there's Vinod Khosla." Vinod Khosla founded the firm in 2004.
Joined Vator on
Andreessen Horowitz is a $2.5 billion venture capital firm that was launched on July 6, 2009. Marc Andreessen, Ben Horowitz, John O’Farrell, Scott Weiss, Jeff Jordan, and Peter Levine are the general partners of the firm.
Joined Vator on
Spark Capital is a venture capital firm that partners with exceptional entrepreneurs seeking to build disruptive,
Founded in 2005 by Todd Dagres, Santo Politi and Paul Conway, Spark Capital is a tight-knit group of partners managing approximately $1,500,000,000 across four funds. We have offices in Boston, NY and San Francisco, but invest across the globe. Whether you need $250,000 in seed funding or $25,000,000 to establish category leadership, we can work with you.
Spark invests across a number of key market segments including: advertising & monetization, marketplaces, cloud & infrastructure, social, mobile and content. We don’t simply study these markets; we are active users of the products in which we invest. Spark’s portfolio includes companies such as Twitter, Tumblr, Foursquare, AdMeld, Adapt.tv, ThePlatform and 5Min. The Spark team has previously backed notable companies such as Akamai Technologies, Qtera, Aether Systems and Novatel Wireless.
Partnering with exceptional entrepreneurs is Spark’s first principle. From first time founders to seasoned entrepreneurs, we strive to work with individuals who aim to fundamentally transform important markets or create entirely new ones. We leverage our wide-ranging experiences, honed product & business instincts and extensive networks to help entrepreneurs build great companies.