Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Indian e-commerce leader ShopClues raises $100M, investors include Tiger Global
In the latest sign that India’s e-commerce market is surging,ShopClues announced today it had raised $100 million in a round led by Tiger Capital. ShopClues, launched almost four years ago, provides an online platform that creates a marketplace that matches sellers and buyers. Its competitors in India include Flipkart and Snapdeal.
Rubikloud grabs $7M
Rubikloud, a Canadian company helping retailers analyze their data, announced it has raised $7 million in new funding. led TOM Group and Ule led the round, with additional participation from Access Industries and other private investors.
Read more: Press release
Insert raises $5M
Insert, an Israeli company working on tools for mobile development, announced it has raised $5 million in new funding. Shlomo Kramer, Mickey Boodae, and Rakesh Loonkar provided the funding.
Read more: Press release
Ndreams raises $2.75M to fuel its virtual-reality games
Ndreams, which last week announced its virtual-reality arcade shooter Gunner for the Samsung Gear VR, has raised $2.75 million in a new round of funding. Virtual reality is a hot new platform that showed more momentum at the recent 2015 International CES, the big tech trade show in Las Vegas. Samsung showed off its Gear VR device, which combines a Samsung Galaxy Note 4 smartphone with an Oculus VR-based headset. And Ndreams is one of the companies that wants to be one of the pioneering game developers at the start of the VR market.
Scottish startup PureLiFi raises $2M to create wireless networks from light bulbs
Scottish startup PureLiFi has announced a £1.5 million ($2.25 million) funding round — valuing the company at £14 million ($21 million) — as it looks to introduce Internet connectivity via light bulbs around the world. Founded in 2012, PureLiFi — previously known as PureVLC — is a spin-out from the University of Edinburgh in Scotland’s capital, and is led byProfessor Harald Haas. During a TED talk he gave back in 2011, Haas popularized the term “Li-Fi” to describe networked, bi-directional, wireless communication that uses visible light instead of traditional radio frequencies.
This list will be updated with breaking funding news all day. Check back for more.