New York-based startup LightSail Education received USD3.5 million in a Series A funding round led by Viceroy Capital Advisors for marketing an app that helps improve students' literacy.
Funding
Atomico announces USD476 million fund for later-stage startup investments
Atomico's Fund III was intended to provide financial support to startups who are raising money via later-stage funding rounds to aid them in scaling their businesses.
Formerly-called YouSendIt file-sharing services nabs USD34 million in Series E investment
Hightail, which was formerly known to many as the file-sharing service name YouSendIt, has raised a total of USD83 million after it nabbed USD34 million in new funding from an investment round led by Western Digital.
IntelligenceBank closes USD2 million in seed funding
Melbourne-based tech startup IntelligenceBank raised USD2 million in a seed funding round led by local investment firm KOTJ. The funds will be used for the company's market and workforce expansion.
Simplivity raises USD58 million in Series C funding round
Simplivity's Series C investment round was oversubscribed, raising USD58 million in capital led by Draper Fisher Jurvetson and Kleiner Perkins Caufield & Byers and participated by new and existing investors.
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North Carolina-based payments platform Spreedly secured an additional USD500,000 in seed funding from Belgian angel investors group Emerge.be to be used for product development and hiring of additional staff.
San Francisco-based Dropbox said that it targets to raise USD250 million in its third funding round. If successful, this would give the web storage company a valuation of more than USD8 billion.
Vertical ecommerce portals or retailers that sell only one category of healthcare products are getting the support of investors, according to a report on The Economic Times.
California-based mobile security firm Mojave Networks raised USD5 million in a funding round led by Bessemer Venture Partners, to be used for its expansion and marketing efforts.
Two private equity firms, Axon Capital and Forum Synergies, together bought a minority stake in Bangalore-based online food ordering portal Justeat.in for an undisclosed amount.
Texas-based marketing startup Hiplogiq raised USD7 million in a Series B funding round from Hadron Global Partners, to be used for the company's growth, expansion, and product promotion.
Institutional fund manager La Caisse de dépôt et placement du Québec and investment firm BMO Capital Partners invested USD 20 million in Nautilus Plus, a Quebec-based fitness center chain owned by Novacap.
California-based network solutions innovator Talari Networks Inc secured USD15 million in a Series D funding round led by Four Rivers Group to be used for the company's growth and bridge loans payment.
Li Ka-shing's Horizons Ventures, MaRS Investment Accelerator fund and private angel investors provided more than USD 1 million in seed funds for Toronto-based big data startup Rubikloud Technologies Inc.
