Today’s funding announcements were all over the board, from big data to e-commerce to online education to a teensy little to-do-app-done-good.
Let’s get down to business:
Rocket Internet’s Namshi gets a $13M boost
Rocket Internet can’t stop churning out e-commerce startups in emerging markets. Today the Berlin-based incubator program announced that Namshi, its Middle Eastern online fashion retailer, has raised $13 million led by Summit Partners to sustain growth. Namshi features clothing, accessories, and footwear for women, men, and kids from over 550 international and local brands. Like Zappos, the sites offers free shipping and a flexible return policy. The site serves the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain. Read the full story on VentureBeat.
Lucid Works strikes a $10M deal
Big data startup LucidWorks has raised $10 million to help enterprise companies use multistructured data to reap more revenue. LucidWorks product suite contains two development platforms that enable organizations to search, discover, and analyze their data. LucidWorks Search is built on top of Apache Lucene/Solr open-source search project and seeks to simplify and improve the process of building embedded search applications. The other product, LucidWorks Big Data, then helps businesses make sense of the data. Read the full story on VentureBeat.
Logical Choice chooses $5M
Ed-tech startup Logical Choice Technologies has raised $5M in funding from Vert Capital Corp, which will assume a controlling stake. The Atlanta-based company is known for its solutions to help integrate classroom technologies with new digital tools. Among other products, the team has developed an augmented reality reading program for early learning.
Any.do gets $3.5
Popular to-do list application Any.Do has raised $3.5 million in new funding to continue helping people get things done no matter the device. San Fransico-based Any.Do competes closely with apps like Wunderlist, Clear, and Remember the Milk. I love Any.Do’s design and feature set. It’s free to use, simple, inputs tasks with your voice, and syncs across syncs iOS, Android, and Chrome apps. Read the full story on VentureBeat.
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