Deals

Funding daily: Futuristic specs & street signs


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It was an unceremoniously busy Wednesday on the deals beat, with just shy of ten startups closing venture financing rounds today.

We saw a mix of health care, social messaging and enterprise-focused companies land additional capital. In a fairly unusual twist, the companies were based all over the world, and not just tech hubs like Silicon Valley.

Here’s our full roundup of the startups that gained funding today:

Data security startup Verdasys locks up $12M, hires former McAfee exec as CEO

Verdasys, a security firm that specializes in endpoint data protection, has raised $12 million from Brookline Ventures. The company claims it recently aided the FBI in catching “two Chinese nationals stealing trade secrets at Dupont and Valspar paint.” In an interesting move, the startup also named that the fund’s cofounding partner, Kenneth Levine, has been named chief executive. Read the full story on VentureBeat.

Credential verification startup Parchment raises $10M

Document verification startup Parchment has raised another $10 million in funding, the company announced today. Parchment seeks to make the process of sharing important credentials a digital experience. Founded in 2003, the Scottsdale, Ariz.-based startup has raised a total of $45 million in funding to date. Read the full story on VentureBeat.

LeanData lines up $5.1M to ease up the sales process

LeanData, a startup that helps salespeople and marketing mavens focus on the best leads, has raised $5.1 million, it announced today. Sunnyvale, Calif.-based LeanData integrates with Salesforce.com’s popular customer-relationship management software, and it removes duplicate leads. Shasta Ventures led the new round. Correlation Ventures, Felicis Ventures, and the Funders Club also contributed.

Cloud4Wi gets $4M from United Ventures

United Ventures, which calls itself “Italy’s largest technology-focused venture capitalist firm,” invested $4 million to support the international expansion of a startup called Cloud4Wi. Cloud4Wi provides cloud-based Wi-Fi solutions, and has found some success in Italy partnering with the leading local telco’s.

Augmedix nabs $3.2M for a Google Glass app made just for doctors

The day when your doctor wears smart glasses while examining you just got a little closer. San Francisco-based wearable-tech startup Augmedix has secured $3.2 million in funding from DCM and Emergence Capital Partners, just under a year after graduating from the Rock Health accelerator program. Read the full story on VentureBeat.

Elevate Digital raises $3M for digital street signage

Elevate Digital, a maker of interactive digital signs, has raised $3 million from SFX Entertainment, a producer of live events, concerts, and music festivals in the “electronic music culture” (EMC) genre. Presumably, this will make the next electronic dance party you attend even more blinky and trippy. Read more on Elevate Digital’s website.

Video messaging app Chatwala raises $625,000

Chatwala has raised a small seed round of funding for its new approach to video messaging, which it claims is more engaging and intimate. The app records expressions, intonations, and reactions to specific messages. The source of the funding has not been disclosed.

More information:

At LeanData, they are focused on making their customers more successful by solving the garbage-in/garbage-out paradigm of enterprise data. LeanData provides a fully managed service to ensure the integrity of vital business data. Using... read more »

Parchment is a leading technology company allowing learners, educators and employers to request, verify and share credentials in simple and secure ways. The platform has helped millions of people and thousands of schools and universit... read more »

Verdasys provides advanced data protection solutions for endpoints. It is the only data loss prevention (DLP) vendor that also protects companies’ sensitive data from both insider and cyber threats. Verdasys secures the sensitive dat... read more »

Google Glass (stylized simply as GLASS) is an augmented reality wearable computer with a head-mounted display (HMD) that is being developed by Google in the Project Glass research and development project.[3] It takes a step further tow... read more »

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