Corporate venture investing rebounds: VCJ

Corporate venture investing rebounded solidly in the first quarter with activity shifting to big-dollar expansion and later-stage deals, according to affiliate publication Venture Capital Journal. The quarter is the fourth in a row of heightened corporate participation in venture deal making.


Intel Capital and Blumberg Capital lead $10 mln round for Fortscale

Israeli data security firm Fortscale said Monday that it has closed $10 million in funding. Intel Capital and Blumberg Capital led the round with participation from Fortscale’s previous backers which include the Swarth Group. According to the firm, the capital infusion will be used to expand the firm’s R&D and analytics teams as well as relocate the company’s new headquarters to Silicon Valley.

Newlans calls on Verizon Ventures for $5 mln

Newlans, a developer of radio frequency solutions for mobile devices, has raised an additional $5 million from Verizon Ventures to complete its Series B round. In February, the Acton, Mass.-based company raised $15 million in a Series B funding round led by Intel Capital and including Paladin Capital Management and Lockheed Martin Corp. The company has now raised $27 million in equity funding, according to Thomson Reuters (publisher of peHUB).

Wellington Financial backs Agiliance

Agiliance has received $5 million in financing from Wellington Financial. Headquartered in Sunnyvale, Calif., Agiliance is a provider of integrated solutions for operational and security risk programs. Its backers include Intel Capital, Walden International, Red Rock Ventures and Castile Ventures.

Zouk Capital leads Series C round for iZettle

European mobile payment services provider iZettle said Friday that it has raised $55.5 million in Series C funding. Zouk Capital led the round with participation from Dawn Capital, Intel Capital, Creandum, Greylock Partners, Index Ventures, Northzone and SEB Private Equity. In addition to the funding, Nathan Medlock of Zouk Capital will join the iZettle board.


Maxta grabs $25 mln Series B funds

Maxta, a provider of storage solutions, said Wednesday that it has raised $25 million in Series B funding. Tenaya Capital and Intel Capital led the round with participation from previous backer Andreessen Horowitz. According to the firm, the capital infusion will be used for marketing, sales and support expansion as well as product development.


Intel Capital creates $100 mln smart devices fund in China

Intel Capital said it has formed a $100 million fund to invest in Chinese companies working on smart devices, including tablets, smart phones, PCs, 2in1s, wearables, and the Internet of Things, and on other related technologies in China. The venture capital arm of Intel announced the China Smart Device Innovation Fund at the annual Intel Developer Forum in Shenzhen.


VC-backed Kaltura buys pay TV service startup Tvinci

Open source video platform Kaltura has acquired Tvinci. No financial terms were disclosed. Tvinci is a provider of pay OTT TV services. Kaltura’s backers include SAP Ventures, Nokia Growth Partners, Intel Capital, Nexus Venture Partners and Commonfund Capital.

Emotient taps VC exec for SVP of product and business development

Emotient has named Edward Colby as senior vice president of product and business development. Previously, Colby was an advisor and venture partner to Quadrille Capital. He was also managing director at Viventures Partners. Based in San Diego, Calif., Emotient is a provider of software that analyzes facial expression. It is backed by Handbag and Intel Capital.


Sprinklr bags $40 mln

Sprinklr said Tuesday that it has secured $40 million in Series D funding. The investors were ICONIQ Capital, Battery Ventures and Intel Capital. Headquartered in New York CIty, Sprinklr an enterprise social relationship platform for large businesses.

InVisage picks up $18 mln and expands team with new hires

InVisage Technologies has received $18 million in funding. Investors included GGV Capital, Nokia Growth Partners, RockPort Capital, InterWest Partners, Intel Capital and OnPoint Technologies. Also, InVisage has hired Ephraim Kwok as chief financial officer and Emanuele Mandelli as vice president of engineering. Based in Menlo Park, Calif., InVisage is a fabless semiconductor firm.

K9 Ventures leads seed round for 3Gear Systems

According to a blog post on its site, 3Gear Systems has closed $1.9 million in seed funding. K9 Ventures led the round with participation from other investors that included Intel Capital, CrunchFund and Ovo Fund. Based in San Francisco, 3Gear Systems is a provider of gesture recognition technology. To read more details about the funding, visit here.


Nexus Venture Partners and Intel Capital back ElasticBox

ElasticBox said Wednesday that it raised $9 million in Series A funding. The investors were Nexus Venture Partners and Intel Capital. Based in Mountain View, Calif., ElasticBox is a provider of solutions that allow developers and businesses to deploy and manage apps.

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