Mobile gaming startup Omnidrone has bagged $2 million in its first institutional funding round. Investors included Nokia Growth Partners, London Venture Partners and Kibo Ventures, a funding statement said.
Funding
Sashi Reddi backs Indian fast food chain Hello Curry
Indian entrepreneur and angel investor Sashi Reddi is backing Hyderabad-based fast food restaurant chain Hello Curry with INR3 crore from his seed-stage venture fund Sri Capital.
Tiger Global Management leads $77M investment in alternative lending platform OnDeck
OnDeck, an alternative lending platform for small businesses, secured a $77 million investment in a round led by Tiger Global Management and joined in by its existing investors, TechCrunch reported.
Russian ad platform CityAds nabs $5M investment from Klever Internet
Moscow, Russia-based affiliate marketing and advertisement firm CityAds Media nabbed a $5-million investment from private equity investor Klever Internet Investments in exchange of a minority stake in the ad company.
CIGI receives $1M boost from Viterra to promote Canadian field crops
Winnipeg, Canada-based non-profit agricultural organization Canadian International Grains Institute (Cigi) receoved a $1-million investment boost from Regina-based grain-handling firm Viterra Inc to promote Canadian field crops locally and internationally.
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The Michigan Women's Foundation plans to grant low interest business loans in their "Angel Microloans" program to female entrepreneurs in Detroit to encourage them to set up their businesses there, The Detroit News reported.
Egress Software Technologies, a provider of cloud-based email and file encryption services, has received a £2.2 million investment from venture capital firm Albion Ventures, a statement about the funding said.
Raleigh, North Carolina-based Aseptia, a food firm that developed a technology that allows food to stay fresh without refrigeration and preservatives, raised $28 million in Series C funding which will fund the growth of its subsidiary Wright Foods.
New York City, US-based HTML5 game developer and distributor TreSensa bagged $2 million in a Series A funding round led by Caribou Asset Management to continue distributing games for mobile browsers.
Cloud-based customer relationship management platform ServiceMax secured $71 million in its latest financing round led by Meritech Capital. ServiceMax is a platform specifically focused for field technicians, VentureBeat reported.
Clinicient, a cloud-based solutions provider based in Portland, Oregon, raised $15 million for its Series C funding round led by Catalyst Investors of New York, VentureBeat reported.
London, UK-based keyring smartphone charger Popcord surpassed its £20,000 goal on Kickstarter and went past the £33,000 mark with five days left for its crowdfunding campaign.
Auburn, US-based disaster-proof hardware maker ioSafe Inc landed $2.5 million in funding to expand its indestructible external hard drives into network attached storage market for safer data storage.
New York, US-based YouTube monetization platform Audiam pocketed $2 million in a Series A funding round led by music industry big names Jason Mraz, Jimmy Buffet, Bill Silva, Brett Gurewitz, and Bad Religion.
