Kurbo Health, a mobile program to help people lose weight, has raised $5.8 million in Series A funding from Signia Venture Partners, Data Collective, Bessemer Venture Partners and Promus Ventures. The company’s platform offers services through its iOS app to help children and their families lose weight. The company plans to launch an Android version of the app in September.
Spire, a microsatellite company, has raised a Series A round worth $25 million and led by RRE Ventures. Moose Capital, Qihoo and Mitsui & Co. Global Investment also participated. The company, which was founded in 2012, will use the funds to continue building its fleet of low cost, small satellites which are used to collect data.
Red Herring Top 100 North America winner Bright Computing, a provider of cluster management software, has raised a $14.5 million Series B round co-led by DFJ and DFJ Espirit, with participation from Prime Ventures and ING Corporate Investments. Bright Computing was founded in 2009 and has partnered with Dell, Cisco, Cray, HP and other companies to bring its Bright Cluster Manager to their clients. The company will use the funds to continue investing in its technology, and expects to expand by adding partners around the world.
New York-based online jewelry retailer BaubleBar has raised $10 million in funding, in a Series B round led by Burch Creative Capital. Aspect Ventures, Triplepoint Ventures, Comcast Ventures, Accel Partners and Greycroft Partners also participated. The company will use the funds to support the growth of the business, and building on the company’s delivery and technology infrastructures. BaubleBar has previously raised $5.6 million in funding over two rounds.
Flipkart, the largest e-commerce website in India, has raised a gigantic $1 billion round of funding, led by Tiger Global and Naspers. Accel Partners, Morgan Stanley Investment Management, Sofina and Singapore wealth fund GIC also participated in the funding. Flipkart was founded in 2007 and has raised a total of $1.8 billion to date. The website attracts over 4 million daily visits and 22 million registered users, according to Crunchbase.
Israeli cyber security company, and Red Herring Top 100 Europe award winner, ThetaRay, has closed a $10 million investment round. The company, which offers software to detect anomalies in data, plans to use the funds to open a new office in the U.S., according to the Wall Street Journal. Existing investors General Electric Company, Jerusalem Venture Partners and Poalim Capital Markets Ltd. all participated.