Zuli raises $1.65 mln in seed funding from VC group

Smart home company Zuli has raised $1.65 million in seed funding from investors. Participants in the funding round include Menlo Ventures, Winklevoss Capital, Logitech, DeNA, XG Ventures, FreedomPop CEO Stephen Stokols and Hossein Eslambolchi, former chief technology officer of AT&T.

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peHUB First Read

First Read brings you the Great Burger King Debate – is it about taxes or strategic vision? Also, a group of Harvard alumni is criticizing the endowment’s rising pay levels and why people like watching other people play video games.

SoftBank Ventures Korea leads $3 mln Series A funding in Korbit

SoftBank Ventures Korea has led a $3 million Series A funding round in Korbit, a bitcoin exchange in Korea. Pantera Capital led the funding round from the U.S. side, with participation from BAM Ventures and previous investors Bitcoin Opportunity Corp, Tim Draper, Pietro Dova and initial investor Strong Ventures.

Rembrandt Venture Partners leads $22 mln Series D funding in Appcelerator

Rembrandt Venture Partners has led a $22 million Series D funding round in Appcelerator, which provides an enterprise mobile engagement platform. Other participants in the funding round include new investor Union Grove Venture Partners, and existing investors Storm Ventures, Sierra Ventures, Mayfield Fund, Translink Capital, Relay Ventures and EDB Investments.

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peHUB First Read

First Read reveals several Wall Street firms allegedly invested in Mugabe’s government amid massacre, how to 3-D print a master key that opens advanced locks and Amazon is going after Google’s core business.

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peHUB Second Opinion

In Second Opinion, Steve Case talks about how startups need to “break through the clutter” to get noticed, Amazon is buying Twitch for more than $1 bln and undergraduate engineers develop a nail polish that detects date rape drugs.

napavalley
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peHUB First Read

To start your week, First Read reveals private equity’s own form of tax inversion, a startup is developing a tech-enabled, friendlier way to collect debt and an earthquake rocked Napa Valley this weekend.

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Maybank Private Equity leads $25 mln funding in YPX Cayman Holdings

MAM PE Asia Fund I (Labuan), managed by Maybank Private Equity, has led a $25 million Series D funding round in YPX Cayman Holdings Co., a quick service restaurant company based in Shanghai. Other participants in the funding round include existing investors LionRock Capital, Ignition Capital, Koh Boon Hwee, former DBS Bank and Singapore Airlines chairman, and Peter Tan, former president of McDonalds Greater China.

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peHUB First Read

To end your week, First Read has news White House cybersecurity coordinator believes his lack of technical expertise is an advantage, Spotify’s new map reveals when people begin the same song and the return of Sierra’s adventure games just makes our weekend.

MLB: Arizona Diamondbacks at Chicago Cubs
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peHUB Second Opinion

In Second Opinion, we wonder why Wrigley Field is suddenly so empty, WalMart slashes the price of the iPhone 5S to $79, and EBay is considering spinning off of PayPal.

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Top 10 posts: venture capital

Trending in VC this week on peHUB: Surf Air takes to sky with $73 million, Sammy Hagar rocks a deal for DripDrop, and women still find it difficult to break into Silicon Valley’s VC club.

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Safeguard Scientifics leads $11 mln Series D funding in Transactis

Safeguard Scientifics has led an $11 million Series D funding round in Transactis, which provides electronic billing and payment solutions. Other participants in the funding round include existing investors StarVest Partners, senior management and the board. To date, Transactis has raised a total of $40 million from investors including Metamorphic Ventures, Vermont Information Processing and Harland Clarke.

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Xamarin raises $54 mln in Series C funding

Xamarin, a mobile app development platform, has raised $54 million in Series C funding from new and existing investors, including Charles River Ventures, Floodgate, Ignition Partners, Insight Venture Partners and Lead Edge Capital. Xamarin has raised a total of $82 million in three funding rounds.

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Horizons Ventures leads $6.5 mln Series B funding in FeeX

Horizons Ventures has led a $6.5 million Series B funding round in FeeX, which finds and reduces hidden fees in investment accounts. Existing investor Blumberg Capital participated in the funding round. Horizons has raised a total of $9.6 million to date.

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