Octopus Investments had led a $7.5 million Series A investment in Adbrain, which delivers advertising technology. Notion Capital participated in the round. Funding will be used to accelerate U.S. and European expansion and to ramp up recruitment, according to a press release. The London company’s platform debuted in beta this past February.
TechNode reports Chinese wearable tech company Codoon has received 60 million yuan ($9.8 million) in Series A funding. Shenzhen Capital Group led the round; CITIC Capital also invested. Shanda, a Chinese gaming company, provided 10 million yuan in seed capital in 2011.
DataRPM has realized a Series A investment worth $5.1 million. InterWest Partners led the round and CIT GAP Funds participated.The Fairfax, VA company offers a business intelligence platform that automates the data modeling process and utilizes a natural language interface. It is available both on-premise and in the cloud.
New York biotech company Exosome Diagnostics has initially closed a Series B funding round worth $27 million. The investment was co-led by Arcus Ventures and QIAGEN; Tiger Partners L.P., CD Ventures, and Monashee Capital joined previous backers NGN Capital and Forbion Capital Partners in contributing. The company develops diagnostic tests to implement in customized medicine, according to a press release.
Biopharmaceutical venture Lumena Pharmaceuticals has raised $45 million in a Series B funding round. New Enterprise Associates led the investment, while new backers RA Capital Management and Adage Capital Management and previous investors Pappas Ventures, Alta Partners and RiverVest Venture Partners contributed. The funding will be put towards propelling clinical development of the San Diego company’s lead and second product candidates.
Helsinki, Finland-based games developer Next Games has secured $6 million in funding. IDG Ventures and Jari Ovaskainen co-led the investment, which saw participation from Lowercase Capital. Investors in the company also include IDG Capital, AMC Networks Ventures LLC, and York Ventures LLC. Next Games recently revealed a partnership with AMC Networks Inc., and will deliver a mobile game built on AMC’s TV show, “The Walking Dead.”
vIPtela, which operates in the computer networking industry, has gained a $33.5 million investment from Sequoia Capital. The San Jose company is still in stealth mode, according to its website. Several Fortune 500 companies “plan to use [vIPtela’s network architecture] to speed up delivery of new services and dramatically reduce costs in their network infrastructure,” according to a press release.
Advanced Mem-Tech has realized a $5 million investment. A U.S. investors group led by Uzi Halevy and Groupe SEB’s corporate venture company SEB Alliance backed the round, according to a press release. The Israeli company delivers membrane filtration, and its “membranes are able to filter bacteria, microbes and parasites from water at a higher rate than current solutions,” the release says.
Foster City, CA-based Complete Solar Solution has gained $5 million in funding led by the Ecosystem Integrity Fund (EIF). The money will empower the company to attain $100 million yearly revenue inside the coming two years. FLOODGATE and others have also invested in the company.
Music discovery app Shazam was reported to have been raising $20 million at a half-billion-dollar valuation. Now the company has confirmed the rumors are true. VentureBeat puts London-based Shazam’s total funding at $92 million.
Machinima, the YouTube network for videogamers and young males, has finished an $18 million funding round led by Warner Bros. Entertainment. MK Capital, Redpoint Ventures and Google Capital contributed. The Los Angeles company serves upwards of 2 billion video views monthly.
Singaporean e-commerce company Luxola, which provides beauty products online, has gained $10 million in funding, according to Tech in Asia.Transcosmos led the investment and GREE Ventures participated. Prior backing at the company includes a Series A round for an undisclosed amount and a $740,000 seed funding.
Woowa Bros, the company behind the Baedalui Minjok Korean food delivery app, has secured $12 million, according to reports. CyberAgent Ventures contributed $0.5 million; the larger round saw contributions from IMM Investment and Altos Ventures.
Cortica, which delivers technology that takes core concepts from images and video and “[maps them] to keywords and textual taxonomies,” has gained $20 million in funding, according to Haaretz. Chinese investors, represented by Lanta Capital Holdings, powered the investment. Total funding behind the company comes to $37 million, and Cortica expects 2014 revenues to hit $20 million.