Avegant has raised $9.4 million in Series A financing to build Glyph, a headset that looks like a tipped over pair of Beats headphones, but projects video right in front of a user’s eyes. Backers of the two year old company include DN Capital, 500 Startups, Crunchfund, Kaiwu Capital, NHN Investment, and Intel Capital. The Glyph headset device, which was originally a Kickstarter project, is slated to ship in early 2015.
Creditera, which partners with TransUnion, Experian, and Dun and Bradstreet to give small and medium-sized enterprises insights about their personal and business credit scores, has secured a $6.5 million investment from Kleiner Perkins. The South Jordan, Utah-based company joins peer-to-peer lenders like Lending Club and Prosper that have likewise emerged from the reluctance of traditional banks to lend to small business amidst the recession. “Healthy credit is crucial for a small business and means getting faster funding, improved cash flow, and more opportunities for a business to thrive,” said Creditera co-founder Levi King through a statement. “Creditera will help small businesses proactively take control of their credit future, so that they can create the business of their dreams and help fuel the U.S. economy.”
Beijing’s peer-to-peer car loan company PPZuche.com has raised $60 million in Series B financing, which it expects to put to use by expanding into new markets. The round was comprised of contributions by a mix of American and Chinese based venture capital firms, including repeat investor Sequoia Capital. Sequoia was then joined by Morningside Private Investors, Source Code Capital, IDG Capital Partners, and Mingshi Capital. PPZuche.com is also known as iCarsclub.
Stratoscale, a Tel Aviv-based enterprise data center solutions company still operating in stealth mode, has raised an additional $32 million, to bring total funding to $42 million. The Series B round was backed by Intel Capital, Cisco Investments, and SanDisk. Battery Ventures and Bessemer Venture Partners backed Stratoscale’s 2013 Series A.
Gigya, a company that allows online businesses and publishers to manage and track customer logins, and then a web crawl-enabled look at who the customers are, has received a $35 million investment round from a host of investors, including Benchmark, Intel Capital, and Adobe Systems. Gigya was founded in Israel but currently has its headquarters in Mountain View, California, one of seven offices from around the world. Its customers include Forbes, Toyota, and Tommy Hilfiger.