Thursday, June 29, 2017
Technology News
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Xcalar announced it has raised $21 million in Series A financing. Four investors contributed to the round, including Khosla Ventures and Merus Capital. Xcalar is a business analytics platform that enables Fundamental Discovery™ of meaningful insights directly from petabytes of raw data. According to the company, their unprecedented speed, scale, simplicity,

Software startup SparkCognition announced it has secured $32.5 million in Series B financing. Verizon Ventures and HorizonX participated in the round. SparkCognition is a global leader in cognitive computing analytics. A highly-awarded company recognized for cutting-edge technology, SparkCognition develops AI-powered software for the safety, security, and reliability of networks. The

Certica Solutions, a Software-as-a-Service company for K-12 vendors, announced today that it has acquired Unbound Concepts. Financial terms of the deal were not disclosed. Through in-hand, knowledge-gathering tools such as BookLeveler, Unbound Concepts seeks to build a corpus of accurately leveled K-12 digital books and content and to facilitate data-backed

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Insuretech startup Covered announced it has secured $700,000 in seed funding. Ozmen Ventures and Black Hills Regional Angel Fund participated in the round. Covered is a modern, independent insurance agency focused on making insurance easy to understand and painless to purchase by combining innovative technology with highly-trained insurance experts.

StdLib (The Standard Library of the Internet) announced it has closed $2 million in seed financing. Eight investors participated in the round, including AngelPad, BlueYard Capital, and Nordic Ventures. Based in San Francisco, CA, StdLib was founded in February, 2016, by Keith Horwood. It is a software company that offers automated

PromoRepublic announced the completion of $1.2 million in financing. Eight investors participated in the round, among them Finnish Industry Investment, HOWZAT Partners, Digital Future, and Spring Capital. PromoRepublic is a software-as-a-service that helps freelance marketers  and small business owners create content for social networks. The platform’s goal is to automate effective

Edtech startup Outschool announced it has raised $1.4 million in seed financing. Seven investors participated in the round: Collaborative Fund, Sesame Ventures, Y Combinator, SV Angel, FundersClub, Spectrum 28, and Learn Capital Venture Partners. Outschool is a community marketplace of classes for kids. The company provides unique online classes from hundreds

Upstream Security completed $2 million in seed financing. Glilot Capital Partners and Maniv Mobility participated in the round. Upstream Security provides a cloud-based SaaS security platform that runs between fleet management IT networks and operational networks. It is designed to block complex attacks before they reach vehicle networks.

HAT Data Exchange announced the completion of $509,080 in financing from Amadeus Capital and other investors. HAT Data Exchange (HATDeX) is a social enterprise with a mission to promote the growth of a global network of HATs and HAT data exchanges. HAT refers to “Hub of All Things,” which helps

Fintech startup RentTrack announced it has secured new financing led by Yabeo. RentTrack is a streamlined payment portal for renters. For many, rent is their biggest monthly expense, but until now they have never had the credit-building advantages that homeowners take for granted. By reporting rent payments to all three major

Wireless startup Benu Networks announced it has secured $7.7 million in financing from an undisclosed investor. Benu Networks is a privately held telecommunications infrastructure company led by an experienced team of telecommunications veterans headquartered in Billerica, MA. Benu offers fixed and mobile operators a scalable, access-independent, real-time subscriber management platform. Its

MetaBrite announced the close of $2.2 million in Series A financing from an undisclosed investor. MetaBrite’s goal is to provide the next generation of consumer behavioral insights. The company is a leader in the development of automated receipt capture and processing technologies. Its proprietary software development kit gives merchants the power

Mojiit announced the completion of a new round of financing from two undisclosed investors. Mojiit enables users to project 3D hologram emojis via smartphones. Users can choose from a range of popular emoji styles to illuminate and share with friends. The company revealed that the investment will help drive growth and

Digital Media, VR, and AR startup Synthio secured $10.5 million in financing. Eight investors participated in the round: Fulcrum Equity Partners, Vocap Ventures, Spinnaker Trust, AIM Group, Silicon Valley Bank, Stanley Partners, Ellis Capital, and Buckhead Investments. Synthio is a customer data platform that automates the cleansing, standardization, and synthesis of

Cloudbeds announced the completion of $9 million in Series B financing. Five investors participated in the round, including PeakSpan Capital, Nashville Capital Network, Cultivation Capital, and ClearVision Equity Partners. Cloudbeds connects hotel properties to hundreds of channels with real-time, two-way integration. The company aims to be an all-in-one hotel management system

RECENT STORIES

Insuretech startup Covered announced it has secured $700,000 in seed funding. Ozmen Ventures and Black Hills Regional Angel Fund participated in the round. Covered is a modern, independent insurance agency focused on making insurance easy to understand and painless to purchase by combining innovative technology with highly-trained insurance experts.

StdLib (The Standard Library of the Internet) announced it has closed $2 million in seed financing. Eight investors participated in the round, including AngelPad, BlueYard Capital, and Nordic Ventures. Based in San Francisco, CA, StdLib was founded in February, 2016, by Keith Horwood. It is a software company that offers automated

PromoRepublic announced the completion of $1.2 million in financing. Eight investors participated in the round, among them Finnish Industry Investment, HOWZAT Partners, Digital Future, and Spring Capital. PromoRepublic is a software-as-a-service that helps freelance marketers  and small business owners create content for social networks. The platform’s goal is to automate effective

Edtech startup Outschool announced it has raised $1.4 million in seed financing. Seven investors participated in the round: Collaborative Fund, Sesame Ventures, Y Combinator, SV Angel, FundersClub, Spectrum 28, and Learn Capital Venture Partners. Outschool is a community marketplace of classes for kids. The company provides unique online classes from hundreds

Upstream Security completed $2 million in seed financing. Glilot Capital Partners and Maniv Mobility participated in the round. Upstream Security provides a cloud-based SaaS security platform that runs between fleet management IT networks and operational networks. It is designed to block complex attacks before they reach vehicle networks.

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