What3words, the startup that seeks to provide three-word strings to map a location, has added $1 million to its seed financing round participated in by undisclosed investors, TechCrunch reported.
Corporations
Citius Tech receives "significant investment" from General Atlantic
CitiusTech, a healthcare IT firm, was able to get an undisclosed substantial investment amount from growth equity firm General Atlantic, a statement about the funding said.
Saffron Technology scores $7M in Series B funding round
Cary, North Carolina-based cognitive systems firm Saffron Technology was able to bag $7 million for its Series B round from unnamed investors, a statement about the funding said.
Vermont-based Faraday closes $880K in Series A funding round
Faraday secured $880,000 for its Series A funding round led by FreshTracks Capital and joined in by other investors, a statement about the funding said.
Coupa Software secures $40M in Series F funding round led by Meritech Capital
Coupa Software, a cloud-based finance solutions provider, bagged $40 million for its Series F funding round led by Meritech Capital, a statement about the funding said.
Latest News
Colonoscopy system maker Invendo Medical was able to secure $28 million for its latest funding round led by new backer Xeraya Capital, a statement about the funding said.
Munich, Germany-based app crowdtesting startup Testbirds picked up €2.1 million in its Series A funding round led by Seventure Partners for its expansion across Europe.
Corning Inc led the $34 million Series B funding round for Cambridge, Massachusetts-based medical device maker NinePoint Medical Inc, a statement about the funding said.
Gurgaon, India-based e-commerce firm Ibibo Group purchased Bangalore-based online bus tracking and analytics startup YourBus for an undisclosed sum to integrate the latter's tracking function into its travel services.
San Francisco-based YouNoodle obtained $1.1 million in its latest funding round. The financing came from VegasTechFund, Lars-Henrik Friis Molin and the Amicus Group, TechCrunch reported.
Bangalore, India-based mobile payment startup Ezetap Mobile Solutions is raising an unknown amount of additional capital from credit card giant American Express just a month after it had closed $8 million in its Series B round.
Activist investor Carl Icahn has suggested a partial spinoff of payments platform PayPal from eBay. This time, he is suggesting a 20% IPO of PayPal, VentureBeat reported.
Chatwala, a New York-based messaging app startup that puts users in control of conversations, has secured $625,000 from individual investors for its seed financing round, VentureBeat reported.
Alibaba invested $215 million in the newest round for Tango while previous investors poured $65 million in the latest $280 million round for mobile messaging network Tango, VentureBeat reported.
