Springboard, a San Francisco-based edtech platform, announced that it has raised $31 million in Series B funding round led by Telstra Ventures and other new investors like Vulcan Capital and SJF Ventures. Existing investors who participated in the fundraising include Costanoa Ventures, Pearson Ventures, Reach Capital, International Finance Corporation (IFC), 500 Startups, Blue Fog Capital,…
Data Sutram, an AI-based location intelligence company with a cloud-based B2B data marketplace product, announced that it has raised Rs 2 crore funding from Indian Angel Network (IAN) angels Uday Sodhi, Mitesh Shah, and Nitin Jain, according to a YourStory report. Speaking about the startup, Uday Sodhi, Lead Investor at IAN, said, “It is heartening…
Voiceitt, a Israel-based award winning leader in commercial speech recognition technology, announced that it has successfully raised an additional $10 million in a Series-A round. New York based Cahn Capital Corp. served as Investment Bankers for the Company. Investors that participated in the funding round include Viking Maccabee Ventures, Microsoft’s M12, AMIT Technion, Cahn Capital…
Johnson Controls announced that it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. Post acquisition, the Qolsys founders and leadership team will remain in Silicon…
Wobot, a Delhi-based AI-powered video analytics platform, announced that it has raised $2.5 million in pre-Series A round led by Sequoia India, according to the YourStory report. Recently, the startup raised an undisclosed amount of seed funding from Titan Capital. The company said that Wobot will use the funds for global expansion and to strengthen…
Bolo Indya, a Gurugram-based short video app, announced that it has raised $300,000 investment from Eagle10 Ventures, India Accelerator Group and HNIs, according to an ETtech report. Till now the company has raised over $500,000 in funding. The new funds will be used to enhance personalisation and recommendation engine, develop language evangelists and strengthen the…
inFeedo, a SaaS-based people analytics startup, announced that it has raised $700,000 financing from Y Combinator, a Silicon Valley-based startup incubator, according to the ETtech report. Angel investors like Innov8 founder Ritesh Malik, Lenskart cofounder Peyush Bansal, former Facebook director Anand Chandrashekharan, Cisco’s Vinod Muthukrishnan, Inventus Law founder Anil Advani, and Kwench founder Sunder Nookala…
Smiths Detection, a global leader in detection and screening technologies, announced that it has completed the acquisition of PathSensors, a leading bio-technology solutions and environmental-testing company, based in Baltimore, MD, USA. The acquisition strengthens Smiths Detection’s biological-detection capabilities to detect pathogens for broad end-market applications, including in food and agriculture safety. “We are pleased to…
ADT, a leading provider of security and smart home solutions, and Google announced they are entering into a long-term partnership to create the next generation of smart home security offerings. The partnership will combine Nest’s award-winning hardware and services, powered by Google’s machine learning technology, with ADT’s installation, service and professional monitoring network to create…
Siemens Healthineers AG and Varian Medical Systems announced that they have entered into an agreement, pursuant to which Siemens Healthineers shall acquire all shares of Varian for USD 177.50 per share in cash. This corresponds to a purchase price of approximately USD 16.4 billion, according to the Siemens’ press statement. Varian’s Board of Directors unanimously…
Palmetto, a software company focused on simplified energy savings for homeowners, announced that it has completed a $29 Million Series B raise. Investors from a wide range of sectors including energy, financial technology and software participated in the capital round that included Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures…
MongoDB, Inc, a next-generation database that helps businesses transform their industries by harnessing the power of data, announced the appointment of Harsha Jalihal as Chief People Officer. Jalihal will oversee the company’s human resources operations globally, supporting 2,100+ people in 29 countries. In this new role, Jalihal will lead workforce strategy, talent acquisition and development,…
Haqdarshak Empowerment Solutions Pvt. Ltd, which operates a startup focussed on the delivery of government financial schemes and citizens, announced that it has raised pre-Series A funding from Impact investor Acumen Fund, according to a VCCircle report. Impact investor Acumen Fund led the funding round, the Pune-based Haqdarshak said in a statement. Other investors that…
Lemonaid Health, a convenient, affordable, on-demand platform for accessing healthcare online, announced that it has raised a $33 million Series B round of funding, bringing total financing to $55 million. The oversubscribed round was led by Olive Tree Ventures with participation from Artis Ventures, Correlation Ventures, Hikma Ventures, Sierra Ventures and others. With this investment,…
Harbour BioMed, a global clinical stage biopharmaceutical company and Viva Biotech Ltd, a structure-based drug discovery platform announced a strategic partnership under which both parties will collate their respective expertise in drug discovery and development to promote the incubation of innovative biotech startups. HBM will combine its leading Harbour Mice platform H2L2 and its experience…