Aaaaaand here’s today’s biggest funding announcements from around the clock and around the world.
Peel gets $50M from Alibaba
Alibaba is making a big bet on Peel, a company that’s tapped into a huge demand for video discovery with its smart remote apps.
Peel has received a $50 million strategic investment from Alibaba, bringing its total funding to $95 million, it announced today.
Peel’s app is mostly focused on video discovery, but on phones with infra-red sensors it also lets you change channels on your television. Its latest app can also sync directly with DirectTV and Dish receivers, allowing any phone to control those devices.
Read the full story on VentureBeat: With 90M users, smart remote app Peel gets $50M from Alibaba
Alien Technology raises $35M
Alien Technology has raised $35 million in a new round of funding to expand production of its radio frequency identification (RFID) tags and readers, which enable the Internet of things.
An RFID tag is like a super bar code with radio connectivity. RFID readers can wirelessly detect and track RFID-tagged products in the supply chain. RFID readers, tags, and chips provide an identification system that can track huge numbers of things, such as products in a supply chain or sensors in an oil refinery.
Read the full story on VentureBeat: Alien Technology raises $35M to make RFID tags for the Internet of things
Ranovus takes $24M
Ranovus, a company that gives love to data centers with its multi-terabit interconnect solutions that reduce “power dissipation, size, and cost of interconnects, and enables a much lower latency compared to traditional solutions,” has just raised $24 million in new funding.
The company will use the new funding to continue its market expansion. Ranovus’s investors include Azure Capital Partners, T-Venture, BDC Venture Capital, Omers Ventures, and Mars Investment Accelerator Fund. The company was founded in 2012 and is based in Canada, the U.S., and Germany.
Read more in the press release.
Pillpack gets $8.75M dose
Most people are lucky not to have to take any medications on an ongoing basis. But for folks with chronic conditions, it can be awful to manage.
Enter Pillpack, a company whose online pharmacy coordinates with doctors and insurance providers to deliver people the right medications at the right time, without all the hassle. The company announced today that it closed an $8.75 million funding round about a month ago, not too long after disclosing its first $4.1 million funding back in February.
Read the full story on VentureBeat: With a fresh $8.75M, Pillpack’s online pharmacy now delivers to 40 states
Zenedge exits stealth mode with $3.5M
Zenedge, a San Jose, Calif.-based security startup, took in $3.5 million in a first round of funding Thursday and promptly emerged from stealth mode.
“We’ve created a solution to a problem no one else is adequately addressing: the ability to plug security holes in a content delivery network and shield businesses from any potential attack,” Yuri Frayman, Zenedge’s co-founder and chief executive, said in a release.
Read the full story on VentureBeat: Security startup Zenedge exits stealth mode with $3.5 million
Depict raises $1.6M
Depict, a startup on a mission to make art accessible to anyone, announced it has raised $1.6M from investors including 3M New Ventures, Michael Baum of Founder.org, Bruce Gibney, Jim Pallotta, founder of Raptor Ventures, and Thomas Andrae of Linden Capital.
The company has a curated digital art platform available now online and through the Apple app store. Subscribers receive 10-15 pieces of curated art that is interchangeable on any screen they own. Limited edition art pieces start at $5, with higher price points for well-known artists. Collectors own any digital limited editions they purchase forever.
Read more about the company here.
Spring Moves grabs $1M
Music and workouts are a classic combination so old that it’s no surprise startups, like Spring Moves, are building around it. The startup, which finally launched its iPhone app today, also announced it has raised $1 million in new funding.
The app “matches cadence to a musical beat in order to create a unique, musically-paced workout program,” as the company describes itself. Users select the type of physical activity they’re doing as well as music genres, and the app works to calibrate to them. It raised the funding from Fredrik Nylander, Shane Naughton, Sebastian Knutsson, and additional unnamed investors. Spring Moves was founded in 2012.
Read more in the press release.