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Yeah, so Google Reader isn’t getting any funding love from Google. As we all know by now, the company is shutting it down. But there are other startups to be had and new technology to become obsessed with!
Today, funding was all over the map: from big data companies, to travel, to genetics. Venture capitalists are hanging their hats on many different sectors. Check out who got the funding infusion:
HG Data gets $2M to map connections between businesses
HG Data uses a data-driven approach to help salespeople build lists of potential enterprise customers, and is ready to disrupt the legacy IT market. The Santa Barbara-based startup today closed a $2 million funding round led by EPIC Ventures. Read the full story on VentureBeat.
Former NSA director joins security firm Endgame’s board after it raises $23M
Endgame’s technology looks at what it says is billions of mysterious “data points” to give you a clear picture of an attack that is coming or an attack in progress. It then provides you with “tactical actions” to take within seconds. It has major government customers and is now backed by Paladin Capital, which led the $23 million second round of funding. Read the full story on VentureBeat.
Russian travel site Oktogo.ru raises $11M, named ‘most innovative’ by Fast Company
Today, Oktogo.ru is announcing it’s raised $11 million from VTB Capital, Mangrove Capital Partners, Ventech, and Victor Sazhin Group. The Russian travel site — or rather, the startup that runs it — was named one of the 50 most innovative companies in the world last month by Fast Company. And innovation like that tends to attract a fair amount of investment. Read the full story on VentureBeat.
Nabsys nabs $20M for single-molecule genetics platform
Life-science company Nabsys is up to some cool stuff. The company does genome sequencing using “solid-state nanodetectors,” and it’s just picked up a $20 million round of funding to continue its work. It uses the aforementioned nanodetectors to analyze single DNA molecules to find and identify DNA sequences over long distances. Read the full story on VentureBeat.