Deals

Deals & More: Bespoke Innovations gets $1.6M more to design prosthetic limbs, FleetMatics drives away with $68M for live GPS tracking

Today’s funding announcements include ways to track and monitor company vehicles and social media campaigns:

Bespoke Innovations gets $1.6M more to create cool prosthetic limbs: The startup has now raised a total of approximately $3M to create what The New York Times calls “designer body parts,” according to filings with the SEC. A collaboration between an orthopedic surgeon and an industrial designer, the San Francisco company produces and sells prosthetic limbs in custom patterns and materials including leather and metal.

FleetMatics drives away with $68M for live GPS tracking: The company has raised a round of growth equity financing from Institutional Venture Partners, Investcorp Technology Partners and others for its real-time vehicle tracking application. More than 12,500 businesses in industries like construction and trucking use FleetMatics, which has offices in the U.S., U.K. and Ireland, to locate vehicles, handle customer inquiries and cut down on excess fuel costs.

Gazzang brings in $3.5M to keep company data safe: The Texas-based company has raised a first round of funding led by Austin Ventures. Its first product encrypts MySQL data to help large companies move to cloud environments while addressing data security.

Shoutlet grabs $6M to help businesses be more social: The startup has raised a second round of funding led by American Family Insurance, a client of the firm, peHUB reports. The Wisconsin-based company helps businesses including Infiniti, Schwinn and True Religion Jeans manage their presence and marketing campaigns on sites like Facebook and Twitter.

blog comments powered by Disqus