iPad travel guide Desti has added $1 million in funding to its seed round from previous investors, including Carmel, SRI International and Horizon Ventures. The latest funding comes as an extension of the company’s initial seed raise in October 2011, bringing Desti’s total funding to $2.55 million.
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HowDo said it raised seed funding in a deal led by Wellington Partners and joined by Horizon Ventures, which manages the private venture investments of Li Ka-shing, and angel Peter Read. No financial details were disclosed. The company is developing an instructional app for skills sharing.
Web searching facility Trapit has closed a $6.2 million Series A round of venture funding led by Horizon Ventures of Hong Kong. Trapit has also announced that Rob Majteles, founder and managing partner of Treehouse Capital and a venture partner with Oak Investment Partners, has joined the board of directors. Trapit was founded in 2009 [...]
Social traffic and navigation company Waze reeled in $30 million in funding from investors including Horizon Ventures Hong Kong, KPCB’s Digital Growth Fund and the VC’s iFund, as well. Backing will be used to boost the app’s growth in China. Joining Waze’s board are John Malloy, Managing Partner of Blue Run Ventures and Jason Wong of Horizon Ventures and Mary Meeker, partner at KPCB, joins the company as a strategic advisor and board observer alongside Josh Silverman, President of American Express US Consumer division and former CEO of Skype.
When the manager of basketball star Shaquille O’Neal called Michael Downing one month ago out of the blue, the San Francisco entrepreneur was overcome with elation – and dread. O’Neal is a savvy social media adopter with nearly 4 million Twitter followers and more than 2 million Facebook fans. He also reads tech press, and he’d [...]
SpectraLinear Inc., a Santa Clara, Calif.-based provider of integrated timing solutions for the consumer, computer and communications markets, has raised $9.84 million in Series C funding, according to a regulatory filing. Listed shareholders include Horizon Ventures and past backers Cypress Semiconductor Corp., InterWest Partners, Norwest Venture Partners and Velocity Interactive Group. The company had [...]