Network software company Viptela announced it has been acquired by Cisco for $610 million in cash and assumed equity awards. Viptela provides technology for virtualization of Wide Area Networks (WANs). It allows global companies to build carrier agnostic, policy-controlled and cost-effective WANs. Its technology has been
FinTech startup MortgageGym announced the completion of $3 million in seed financing. Three investors participated in the round: China Pacific Capital, Trifecta Capital, and Wharton Asset Management. Founded in 2016 by John Ingram and David Vertannes, MortgageGym is the world’s only regulated mortgage robo-adviser, allowing UK
Artificial intelligence startup Cerebri AI just closed $2 million in financing from an undisclosed investor. Cerebri AI provides artificial intelligence and machine-learning-driven solutions to help enterprises enhance their revenue through better understanding internal and external customer data (often housed in multiple applications) to determine whether an
N2W Software announced the completion of a new round of financing. Two investors contributed to the round, including Insight Venture Partners. Founded in 2012, N2W Software specializes in developing innovative solutions to facilitate the transition of servers, applications, and data into cloud environments. Cloud Protection Manager
Advanced materials startup Echodyne announced the close of $29 million in Series B financing. Seven investors contributed to the round, among them New Enterprise Associates, Madrona Venture Group, Vulcan Capital, Lux Capital, and The Kresge Foundation. Echodyne Corp is a privately held company founded in 2014
LedgerX announced the completion of $11 million in Series B financing. Three investors participated in the round, including MIH Fund and Huiyin Blockchain Venture. LedgerX, LLC, is developing an institutional derivatives exchange platform for digital currencies. It has applied for registration with the U.S. Commodity Futures
Software startup Sayspring announced the close of $2 million in new financing. Four investors contributed to the round, among them Compound Ventures. Sayspring allows designers to create voice-enabled apps without code before handing over projects to development. In its announcement, Sayspring said it launched with a free
Optimatics announced the close of a new round of financing from SUEZ Ventures. Optimatics aims to be a world leader in creating value through water systems optimization. The company was established in 1996 by a group of engineers who used the potential of Genetic Algorithms (GAs)
Food delivery startup EAT Club announced it has secured $30 million in Series C financing. Three investors participated in the round: Sodexo Ventures, August Capital, and Trinity Ventures. EAT Club is a food technology company that allows offices to order and get food delivered from local
Security startup Precognitive announced the close of $1 million in seed financing. Four investors contributed to the round, including Corazon Capital, Flybridge Capital Partners, and Hyde Park Venture Partners. Precognitive accurately combines device intelligence and behavioral analytics with a real-time decision engine to detect and prevent