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.

Chinese online food service Meican.com rakes in $10 mln Series B funds

Meican.com has closed $10 million in Series B funding. Nokia Growth Partners led the round with participation from previous backer Kleiner Perkins Caufield & Byers. In addition to the funding, David Tang, director, general manager and partner of NGP, will join Meican.com’s board of directors. Based in China, Meican.com is an online food ordering service.

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Nokia Growth Partners leads $10 mln round for Gigwalk

Gigwalk has secured $10 million in Series B funding. Nokia Growth Partners led the round with participation from new backer Randstad Holding nv and previous investors August Capital, Harrison Metal and SoftTech. In addition to the funding, Paul Asel of NGP has been added to Gigwalk’s board. Based in San Francisco, Gigwalk is a local visibility software platform for consumer brands.

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ViVOtech Closes First Tranche of Series D

Santa Clara, Calif.-based ViVOtech has held a first closing of its Series D round, bringing the company’s total funding to $96 million. The company’s point-of-sale technology is designed to provide rich mobile commerce solutions for in-store payment, loyalty, marketing, and merchandising. The company’s investors include Alloy Ventures, Citi Ventures, Draper Fisher Jurvetson, EDBI, First Data […]

Fashionandyou.com Seals $40M in VC

Norwest Venture Partners and Intel Capital have led a $40 million investment in Indian e-commerce company Fashionandyou.com, Reuters reported Tuesday. Sequoia Capital India and Nokia Growth Partners have also invested in the firm, the brand’s owners Smile Group Venture and Goldsquare Sales India said in a statement. The money will go toward improving membership, as well as the company’s supply and distribution chain.

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Fashionandyou.com Nabs VC Backing

Indian e-commerce brand Fashionandyou.com has raised about $40 million from investors Norwest Venture Partners (which led the round, along with Intel Capital), Sequoia Capital India and Nokia Growth Partners. Sequoia previously invested in the company.

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Nuance Communications Pays $102.5M for Swype

Nuance Communications Inc. is paying $102.5 million to buy venture-backed Swype, Reuters reported Friday. Swype’s technology allows users to drag their finger across smart phone keyboards in one continuous motion to type words. Nuance has already paid $77.5 million toward the deal and will pay a remaining $25 million eighteen months after closing. Swype was backed by Samsung Ventures, Nokia Growth Partners, Benaroya Capital, DoCoMo Capital and Ignition Partners.

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