We ruffians at VentureBeat have a soft spot for drones — especially when they’re little and cute. So do the folks in venture-capital circles. We’ve got funding news for drone-maker Skycatch and a few other companies in this Friday edition of Funding Daily.
Drones-with-software maker Skycatch takes off with a new $13.2M in tow
Drone maker Skycatch has raised about $13.2 million in equity funding, according to a Securities and Exchange Commission filing. About $3 million of that is from a previous round of convertible debt, according to the document.
Skycatch makes autonomous drones that can fly around and capture HD imagery and video. Drone owners can control their aerial gizmos through Skycatch’s website and apps or through custom apps built with the Skycatch API.
Read the full story on VentureBeat: Drones-with-software maker Skycatch takes off with a new $13.2M in tow
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
Fyusion raises $3.2M
Fyusion, a startup that throws out a jumble of buzzwords and not much else on its website, has raised $3.2 million, according to a new filing it submitted today to the SEC. Cofounder and chief executive Radu Rusu has a background in 3D perception and robotics. In addition to those fields, San Francisco-based Fyusion gives a shout out to computer vision and machine learning. Rasu did not immediately respond to VentureBeat’s request for more information about the startup.
Bookmate takes $3M to bring social-reading love into Turkey, Scandinavia, and Latin America
The social-reading subscription service Bookmate says it’s taking a $3 million funding round to bring the social-reading magic to more parts of the world in 2014, namely Turkey, Scandinavia, and Latin America. The investment is coming from Russian consumer electronics retail giant Ulmart, which will gain the opportunity to sell e-books through the Bookmate site.
Currently, Bookmate’s library contains more than 400,000 books from 300 publishers globally. Bookmate says the e-book market is already mature in the U.S. and U.K., but such consumption is just starting to gain traction in less developed markets.
Read the full story on VentureBeat: Bookmate takes $3M to bring social-reading love into Turkey, Scandinavia, and Latin America
Filament Labs takes $1M to build its patient aftercare ‘nagging’ platform
Austin, Texas-based Filament Labs said Thursday it’s taken $1 million of investment money to further develop Patient IO. The round was led by Houston-based early-stage startup investor Mercury Fund, with participation from current Patient IO customers Corinthian Health Services and Arcadia Home Care. The round also included money from 17 angel investors. Filament had already taken $160,000 in an earlier seed round.
The company’s Patient IO product lets doctors and other caregivers develop detailed aftercare plans at their desktop and then shoot them out to an app on their patients’ phones. The aftercare plan can include daily tasks, reminders, and educational materials.
Read the full story on VentureBeat: Filament Labs takes $1M to build its patient aftercare ‘nagging’ platform
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More