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ADT invests in VC-backed Life360 app

Security provider ADT has acquired a minority stake in Life360 for $25 million. Also, ADT is leading a $50 million Series C round for Life360, a location and communication app for families. Life360’s backers include Duchossois Capital Partners, DCM, Fontinalis Partners, Bessemer Venture Partners and Expansion Venture Capital.

Firebase Raises $5.6 Million Series A

Firebase, a three-year-old, San Francisco-based startup whose cloud service is designed to power collaborative communications in real time, has raised $5.6 million in Series A funding from Union Square Ventures and Flybridge Venture Capital. The company had raised $1.4 million in seed funding last year from Flybridge, Data Collective, Greylock Partners, New Enterprise Associates and Expansion Venture Capital.

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