Rainforest, a quality assurance platform that was apart of the 2012 Y Combinator class, has secured $4 million in seed funding from Storm Ventures, Rincon, Andreessen Horowitz, Crosslink, and Morado. The service leverages Amazon’s Mechanical Turk to run tests on newly iterated software.
Team8, a cybersecurity incubator founded by former members of Israel’s Unit 8200, the equivalent to the National Security Agency in the United States, has raised $15 million from Marker LLC, Bessemer Ventures, and Innovation Endeavors (the VC firm founded by Eric Schmidt). While still relatively coy about its plans, it has brokered strategic partnerships with Cisco and Alcatel-Lucent. “Global cybersecurity threats are only becoming more targeted, frequent, and destructive in nature, so we’re fortunate to be partnering with Team8, who is at the forefront of new cutting-edge cybersecurity innovation,” Schmidt told MSNBC.
Commercial 3D printing company New Matter has raised $6.5 million in Series A financing from Dolby Family Ventures, First Round Capital, and Alsop Louie Partners. Its flagship product, the MOD-t, is yet to be released, but was supported by over 2000 backers on Indiegogo. It figures to retail for around $400, making it one of the most inexpensive 3D printers on the market. The company is based in Pasadena, CA.
Berlin-based online real estate platform Lamudi, which operates in Europe, Asia, and the Middle East, has received $18 million in venture financing from Asia Pacific Internet Group, HV Holtzbrinck Ventures, and Tengelmann Ventures. The company claims to have millions of users.
Borro, an online platform that secures loans through luxury assets like collectible art and jewelry, is the recipient of a $19 million round from OurCrowd and Rocket Internet. The company is headquartered in London and has now raised over $200 million in debt and equity since being founded in 2008.