Investment platform Sliced Investing has closed a seed financing round worth $2 million. Khosla Ventures, Triple Point Ventures and Data Collective joined incubator Y Combinator in investing in the company. Sliced Investing, which connects accredited investors to hedge fund investments, will use the financing to develop new funds for investors and to accelerate growth. “Sliced has created a unique way for investors to access an industry that has previously been inaccessible and opaque. Sliced provides individual investors with the same investment products that have been utilized by institutional investors for years,” Keith Rabois of Khosla Ventures said.
SysCloud, a security suite for Google Apps, has raised $2.5 million in Series A funding in a round led by Inventus Capital Partners with participation from existing investor KAE Capital. The SysCloud protection platform is used by over 500,000 users from 32 countries, according to the company. “At SysCloud, we’re focused on providing the highest level of data security, and this funding allows us to build on our current product innovations to cover other cloud-based collaboration tools, including Microsoft Office 365, Salesforce, Dropbox and Box. We’re thrilled to have the support of our investors at Inventus and KAE and we look forward to working closely with them as we continue to expand,” said Vijay Krishna, CEO of SysCloud.
Business intelligence software provider InsightSquared has raised $13.5 million in Series C funding, VentureWire reports. Existing investors Atlas Venture, Draper Fisher Jurvetson and NextView Ventures were joined by a new investor, Two Sigma Ventures. The company aims to provide affordable business intelligence for small and medium sized businesses.
Las Vegas-based OrderWithMe, an inventory solutions company, has raised $28 million in financing, Tech Cocktail reports. The round was led by existing investors such as Vegas Tech Fund, SOSVentures, BaseVC and Tony Hsieh, who were joined by Silicon Valley Bank, Pentland Group, Advantage Capital and others. OrderWithMe is originally from China and was founded in 2011. The company has raised $37 million to date and will use the latest funds to launch new solutions for independent retailers.