Instart Logic Secures $30 Million
Software startup Instart Logic announced it has raised $30 million in financing, led by ST Telemedia. Geodesic Capital, StartX, Hermes GPE, Andreessen Horowitz, Four Rivers Partners, Kleiner Perkins Caufield & Byers, Tenaya Capital, Telstra, and Harris Barton Asset Management also participated in the offering.
Instart Logic aims to help brands deliver a faster, safer and more profitable online experience. It’s digital platform combines machine learning, application and device awareness, and open APIs to provide ultra-fast, visually immersive and secure experiences on any device.
The new funds will be used for global expansion and to extend the company’s platform.