Israeli startup Neura bags $2M in funding to connect devices in a single app

April 9
9:06 AM 2014

Connected device network Neura has secured $2 million in a new financing with Greenhouse Capital Partners as the lead investor. SingTel Innov8, TriplePoint Ventures, Pitango Venture Capital, and angels Ben Narasin and Isaac Applbaum also participated in the round, according to VentureBeat.

The technology used by Neura gathers information about a user's connected gadgets, apps, location and the Internet. The tool then customizes the connection according to the user's personal habit. The technology further enhances the smart capabilities of these devices, the report detailed.

Based on the information from its website, the Israeli firm is presently focused on health and fitness, and connected home. Neuro already has a software development kit (SDK) and its own application programming interface (API) for its technology. It is also teaming up with a handful of companies for its projects, the report explained.

Founded at the beginning of 2013, Neura is a product of the UpWest Labs accelerator in Silicon Valley. The company has previously raised $20,000 in its seed round, VentureBeat reported.

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