The Mooncake is a beloved traditional pastry during the Chinese Mid-Autumn festival, which is all about moon worship and moon watching.
Here at VentureBeat, which is all about investment and startup watching, it looks like investing in SaaS companies is still a thing. But we also learned of some money flowing to a clothing company, an education play, and a data marketplace.
Vericode lands $40M for security infrastructure
Application security firm Vericode focuses on building security infrastructure into mobile and web applications. It works with developers as the app is being constructed to make sure it’s built securely from the get go rather than trying to secure the app after it’s been developed. The company can also test the security of any third-party applications exchanging information with the app being developed, for possible security holes.
Veracode just landed $40 million in funding — and it’s not just because security companies are hot right now.
Read the full story here: Veracode builds security into your app while you’re developing it, pulls in $40M
Looop lassos $1.8M for online training
Training workshops or long emails about company policies tend to go in one ear and out the other.
A little Australian company, Looop (yes, three o’s), knows this, and it’s offering an alternative: online training courses that are easy to create and optimized for mobile. Today Looop is announcing a fresh $1.8 million ($2 million Austrilian dollars) from an undisclosed investor to keep growing and launch in the U.K.
Read the whole story here: Looop raises $1.8M to make company training less of a snooze
Volumental raises a cool $3M for custom clothing
If a Swedish startup called Volumental has its way, custom-made clothing will become the standard way of dressing. And they’ve just nabbed $3 million in seed funding to spark that new normal.
“Our vision is to make tailored products the norm rather than a luxury,” CEO and co-founder Caroline Walerud told VentureBeat. The funding came from Stockholm-based MOOR Capital, the investment arm of Kaj Hed, majority owner of Angry Birds-maker Rovio, as well as from Silicon Valley-based Founder.org.
To accomplish that long-sought mass customization, the company — a 2012 spinoff of Stockholm’s Royal Institute of Technology — is employing consumer-level 3-D cameras to first conquer shoes.
Read the whole story here: Swedish startup scores $3M to make custom clothing the new normal
Instaclustr raises $2M round for data marketplace
Once upon a time, Ben Bromhead and Adam Zegelin wanted to build a marketplace for sharing data sets on the Internet, but they had to work hard and build tools to manage the databases that held all the precious data.
Work on the system led to the creation in February 2013 of a startup called Instaclustr to sell the software, which falls under the database-as-a-service category. Today, after racking up about 20 paying customers, the startup is announcing a seed round to the tune of $2 million.
Read the full story here: Instaclustr, which runs the Cassandra database in the cloud, gets $2M