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.
Investors
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 music app Bloom.fm shuts down after investor pulls funds
London, UK-based music streaming startup Bloom.fm announced via Twitter that it shut down right after it was banned from Apple's ad network and its sole investor, Russian TV channel TNT, pulled its fundings.
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."
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.
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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.
Target has invested $100 million to secure its credit and debit card payment facility and changing the magnetic stripes feature to chip-and-PIN terminals after 40 million cards were hacked.
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.
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.
