VENTURE CAPITAL POST

Herzliya, Israel-based connected device network Neura bagged $2 million in a funding round led by Greenhouse Capital Partners to connect several gadgets using one mobile app.

Redwood City, US-based telecommunications services provider ItsOn Inc nabbed $12.9 million in a new funding round to create flexibility in the data plan of its users and allow them to customize their usage according to their needs.

San Francisco, US-based digital marketing tool developer Kenshoo secured $20 million in a funding round led by Bain Capital Ventures to launch its predictive media optimization platform.

Fayetteville, Arkansas-based crowdfunding and business planning platform EquityNet LLC raised $2.1 million in a new fundnig round led by Proton Enterprises for the expansion of its equity crowdfunding platform.

Windermere, US-based digital receipts provider FlexReceipts LLC closed $1.4 million in a Series A funding round led by early stage venture fund venVelo to fuel its sales and marketing expansion.

GE Financial Services is lending $50 million to investment company Rockland Capital LLC to be used for the latter's acquisition of power generation facility Elgin Energy Center in Illinois, US.

Chennai, India-based education startup Edsix Brain Lab wants to make it easy for children to improve their cognitive skills using their carefully researched and designed online and offline games under the brand Skill Angels.

Ramat-Gan, Israel-based nanotech startup StoreDot developed a prototype of a device that will enable a person to charge a phone within just 20 seconds in a cost-efficient and environment-friendly manner.

Redwood City, US-based remote home monitoring company iControl Networks acquired Ottawa, Canada-based home automation device maker Blacksumac for an undisclosed amount to expand its product portfolio.

Kansas, US-based broadband infrastructure investor Rural Broadband Investments LLC snapped up the cable system catering to Poplar Bluff, Missouri, for an undisclosed amount to provide people with better cable and internet services.

Boston, Massachusetts-based wine discovery mobile app Drync landed $2.1 million in a funding round from institutional and angel investors to build its wine shopping platform.

Philippine consortium LT Group Inc (LTG) increased its stake in Negros Occidental-based integrated sugar mill and refinery Victorias Milling Company Inc (VMC) from 7.4% to 14.8% for an undisclosed amount.

US President Barack Obama announced the new members of the Presidential Ambassadors for Global Entrepreneurship (PAGE) who will help start and grow new businesses in the US and around the world.

Santa Clara, US-based low-power SoCs (system on a chip) developer Ineda Systems scored $17 million in a Series B funding round led by Walden-Riverwood Ventures to develop products that can be used in wearable devices and Internet of Things (IoT).

Ontario, Canada-based social reading community Wattpad pocketed $48 million in its Series C funding from its existing investors to expand its workforce and develop its product.