Venture Round

Gamblit Gaming

California real-money gambling platform Gamblit takes home $12M in venture round

Glendale, US-based real-money gambling platform Gamblit Gaming took home $12 million in a venture round from private equity firm American Capital to fuel its platform development and future launches.

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French ad startup Tapvalue nabs $2.2M for international growth

French cross-device tracking and advertising startup Tapvalue nabbed $2.2 million (€1.6 million) in a venture round led by an unnamed venture capitalist and some angels to support its international growth and product development.

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Intel to pour $15M into Israeli smarglasses startup OrCam

Intel Capital is planning to pour $15 million in funding into Jerusalem, Israel-based smartglasses maker to continue helping visually impaired people using the startup's product.

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Times Internet backs Indian mobile education startup GradeStack

Uttar Pradesh, India-based Internet network Times Internet backed Noida-based mobile education startup GradeStack with an undisclosed amount to turn mobile education into a social experience.

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Marc Andreessen

US venture capital firm Andreessen Horowitz closes fourth fund at $1.5B

Silicon Valley, US-based venture capital firm Andreessen Horowitz closed its fourth fund at $1.5 billion to invest in a varied range of sectors including 3D printing, consumer mobile, and bitcoin.

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NZ point-of-sale startup Vend pockets $20M in funding for international expansion

Auckland, New Zealand-based point-of-sale software provider Vend pocketed $20 million in a funding round led by Valar Ventures and Square Peg Capital to expand to North America and Europe.

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Wellspring Worldwide

Chicago software firm Wellspring bags $3.5M in funding

Illinois, US-based software systems provider Wellspring Worldwide bagged $3.5 million in funding from undisclosed investors, according to a document filed with the US Securities and Exchange Commission.

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Lightspeed Venture Partners (LSVP)

US venture capital firm Lightspeed closes $950M for new early-stage fund

Menlo Park, US-based venture capital firm Lightspeed Venture Partners (LSVP) closed $950 million for its new investment fund that will back early-stage companies in the consumer and tech sectors.

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San Francisco virtual ad firm DemandBase raises $15M in funding

San Francisco, US-based virtual ad firm DemandBased raised $15 in a funding round led by Greenspring Associates to build the mobile ad capabilities of its B2B enterprise software platform.

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Indian software firm Persistent Systems invests in California hygiene startup Hyginex

Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its international expansion.

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Off Grid Electric

Off Grid Electric scores $7M to provide solar energy to Tanzanian homes

Arusha, Tanzania-based solar energy provider Off Grip Electric scored $7 million in a funding round led by Vulcan Capital, SolarCity, and Omidyar Network to power homes with prepaid electricity.

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Virginia-based digital ID network scores $10M in funding to build own marketplace

Tysons Corner, US-based secure digital ID network scored $10 million in combined venture capital and debt funding to build its own online marketplace for its users.

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San Francisco's Metabiota pockets $2.38M in venture round to monitor viral diseases

San Francisco, US-based health tech firm Metabiota pocketed $2.38 million in a venture round to monitor emerging threats of viral diseases around the world using big data analysis.

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St Renatus

Blue Ocean invests $5M in Colorado dental firm St Renatus

Investment management firm Blue Ocean invested $5 million in Fort Collins, Colorado-based dental firm St Renatus for the latter's drug application for its needle-free anesthetic.

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Accel Partners

Accel Partners raises two new funds worth $1.475B as Jim Breyer lessens role

Accel Partners was able to raise a combined total of $1.475 billion for the Accel XII and the Accel Growth III funds while Jim Breyer will be reducing the role he plays in the venture capital firm, Forbes reported.

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