Budapest, Hungary-based startup Tresorit landed $3 million in its Series A funding round with Euroventures as lead investor to provide both convenience and security along with its cloud storage services.
Deals
Understory bags $1.9M in seed round for ground-level weather detection in the US
Madison, US-based weather forecasting and analytics startup Understory bagged $1.9 million in a seed funding round led by True Ventures to build software and a forecasting model that will be able to generate weather data through ground-level observation.
British startup Evrythng raises $7 million
British startup Evrythng that aims to give all things in the world a unique URL has received $7 million Series A funding from Cisco which said that by 2020 the company would contain 50 billion "things."
US solar marketplace Geostellar secures $1M through equity crowdfunding
Reston, US-based online solar marketplace Geostellar secured $1 million through equity crowdfunding on the Return on Change platform to upgrade its business model and employ salespeople who will promote its services to US homeowners.
California startup PunchTab bags $6.25M in new funding to run loyalty programs for enterprises
Palo Alto, US-based analytics and SaaS (Software as a Service) startup PunchTab bagged $6.25 million in its recent funding round led by Mohr Davidow Ventures to run loyalty programs and promotions for its large enterprise clients.
Latest News
London, UK-based security firm CertiVox scored $8 million in its Series B financing from new investor NTT Docomo Ventures and previous backer Octopus Investments to expand its software-based alternative authentication platform.
Djibouti has received $11 million grant from the European Union to help the country in looking for ways to solve the current problem in potable water and its scarcity of supply.
Moveline has raised $5.9 million Series A funding round from multiple investors including Tony Hsieh, Quotidien Ventures and ff Ventures Capital and the VegasTechFund.
Cambridge, Massachusetts-based clean tech firm Ambri Inc raised $15 million in a new funding round from KLP Enterprise, Building Insurance Bern, and other investors to find a way to store renewable energy for grid operators.
FIH, a handset manufacturing service provider of Foxconn, poured $2.2 million into Singaporean social media site mig33 to help the latter preload its apps into tens of millions of mobile phones every month.
Brisbane, California-based online publisher and ad firm Glam Media rebranded as Mode Media after raising $15 million in an unannounced funding round from undisclosed investors to launch a new video business in Los Angeles.
Los Altos Hills, California-based software as a service (SaaS) security startup Vorstack bagged $5.2 million in a new funding round led by Glenn McGonnigle and Tom Noonan to ramp up its real time data protection services.
Palo Alto, US-based cloud data service and enterprise software provider Apigee raised $60 million in new funding to expand its existing services beyond the basic application programming interface (API) technology.
Sprinklr has reaped $40 million Series D investment from financiers including Iconiq Capital, Battery Ventures and Intel Capital which brings the total funding for the startup to $77 million.
