Waltham, Massachusetts-based data security firm Verdasys landed $12 million in a new venture round for its market and product expansion as it named former McAfee executive Kenneth Levine as its new Chief Executive Officer (CEO).
Software & IT services
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.
Boston-based API startup MachineShop emerges from stealth with a $3M capital
Boston, US-based application programming interfaces (APIs) provider MachineShop Inc emerged from stealth mode and got $3 million as its first capital from a group of its customers to enable businesses to create their own middleware for Internet of Things.
China-based online food ordering platform Meican.com scores $10M in Series B round
Nokia Growth Partners led the Series B round for China-based online food service platform Meican.com which raked in $10 million, a statement about the funding said.
Latest News
The White House has made government data available to developers and researchers that will help them come up with simulations and help it in its efforts to prepare cities for climate change, TechCrunch reported.
New venture capital fund Amplify Partners raises $49.1M to back IT infrastructure startups in the US
Cambridge, US-based venture capital firm Amplify Partners raised $49.1 million for its new fund to back early-stage firms in the storage, networking, and Internet hardware industries.
The recent drawbacks faced by Bitcoin has not deterred investors from continuing to support and make investments in ventures related to the crypto-currency, TechCrunch reported.
New York, US-based social media management startup Percolate landed $24 million in a Series B funding led by Sequoia Capital to help companies monitor conversations and create content on social media.
Raleigh, US-based wedding photo and video-sharing app WedPics scored $1.5 million in its Series A financing round led by IDEA Fund Partners to scale up its platform and beef up its workforce.
Boston, Massachusetts-based event management startup Attendware will be rebranding itself as Attend.com as it expands the scope of its solution to online management and analytics for business and university events.
Menlo Park, US-based article and video bookmarking mobile app Pocket, which used to be available only for English articles, has now added French, German, Italian, Japanese, Russian, and Spanish to the languages that its supports.
Burlington, Massachusetts-based computer software technology firm Nuance Communications Inc released a voice biometrics solution called Nuance Forensics that can help authorities identify and rule out suspects in criminal investigations.
Google scored a big victory after US District Judge Lucy Koh did not allow the lawsuits regarding email scanning to proceed as a class action lawsuit, Bloomberg News reported.
