Finnish Startup Rightware Closes $5.2M Series B To Drive Global Growth Of Its Embedded UI Creation Tool Business
Rightware, a Finnish startup that sells embedded user interface software and performance benchmarking tools to car makers and consumer electronics companies needing to build graphical user interfaces has announced it has closed a $5.2 million Series B round. Investors in the round include Inventure and Nexit Ventures, along with new investor Finnish Industry Investment.
Liberty City Ventures Launches $15 Million Fund To Invest In Bitcoin And Other Digital Currency Startups
New York City-based Liberty City Ventures is announcing its Digital Currency Fund, a $15 million commitment to Bitcoin and other digital currency startups. Early investments by Liberty City Ventures include TripleLift, ElectNext, and Pickie. But the firm sees a big future in Bitcoin, and it plans to invest accordingly.
Finnish User Interface Startup Rightware Raises $5.2M Series B
Rightware, the Finnish startup that develops software to build User Interfaces for embedded devices, such as automobile dashboards, as well as other consumer electronics, has announced that it's closed a $5.2 million series B round. The investment comes from previous backers Inventure, Nexit Ventures, and new investor Finnish Industry Investment, the venture capital arm of the Finnish government. Its series A round announced as far back as January 2010 saw it raise €3 miilion (~$3.9m at today's exchange rate).
P2P Currency Exchange TransferWise Raises $6M Led By Peter Thiel's Valar Ventures, With Participation From SV Angel, Others
Here's some encouraging news for the European startup scene, and London in particular. TransferWise, the online currency exchange that uses the crowd to undercut traditional money transfer services, has announced that it's closed a $6 million series A round led by Peter Thiel's Valar Ventures -- the first investment in Europe by the PayPal co-founder and early Facebook investor's international fund.
Salesforce Acquires Evernote-Like Web Clipping Service Clipboard For Double-Digit Millions, Service Shut Down In June
Clipboard, the web clipping service which operated as something of a cross between Evernote and Pinterest, has been acquired by Salesforce. Terms of the deal were not disclosed, but we’re hearing that it was mostly cash, and that the final figure was in the “double digit millions.” The startup had previously raised $2.5 million from a “who’s who” of high-profile investors including Andreessen Horowitz, Index Ventures, CrunchFund, SV Angel, Betaworks, DFJ, First Round and others. Founded in 2011 by Gary Flake, Clipboard’s vision was to help users snip and save web content using simple online tools. That content could then be organized into “boards,” where those items could be annotated and shared, or collaborated on with others. Given the similarities to existing services like Pinterest and Evernote, both with huge traction themselves, Clipboard had yet to find a substantially sized audience for its service. Prior to the acquisition, the company had grown to around 100,000 ...