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.
Sectors
Unified acquires Awe.sm, financial terms undisclosed
Unified has acquired Awe.sm without disclosing the financial terms of the deal while the latter has received $5.3 million from Upfront Ventures, Foundry Group and other investors.
Halo receives $1.5 million funding round
Halo Neuroscience has taken in $1.5 million funding led by Marc Andreessen and Jeff Clavier to be used to address issues on safety to the Food and Drug Administration to help obtain product approval.
Tanzania launches first ever PE firm to advance country's economic growth
Mkobo Privet Equity Fund, Tanzania's first ever PE firm, was launched in the country to advance economic growth whereas locals were also urged to invest more in the fund.
San Francisco based startup Waggl receives $1.1 mln seed funding
Waggl, a San Francisco based startup launched in February from a spin-off from Fort Hill Company offering messaging and business polling, has raised $1.1 million seed funding round.
Latest News
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 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."
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.
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.
The expected date for Box's public debut has been rescheduled said online media platforms Quartz and Wall Street Journal citing falling tech stocks prices happening on market bourses that could affect the share pricing of the company.
Elance-oDesk has launched in Australia after seeing the country with much potential for industry growth basing on its recorded adjustment per capita of 235 percent increase in online hiring.
Kifisia, Greece-based petroleum and petrochemical gas products transporter StealthGas Inc raised $47 million through the sale of 4.47 million common shares at $10.50 apiece for its vessels purchases and other corporate purposes.
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.
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.
