Here’s a list of today’s biggest funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
SoftBank: $837M investment is start of big plans for India’s startup economy
SoftBank’s venture arm, SoftBank Internet and Media, Inc. (SIMI), made its biggest investment of $627 million in SnapDeal, India’s largest online marketplace. The backing will make SoftBank the largest investor in SnapDeal, which now claims to have 25 million registered users and more than 50,000 business sellers.
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Stealth communications startup Keyssa raises $10.8M
Keyssa, a five-year-old stealth startup which holds a patent for “contactless secure communication” tech, today announced a $10.8 million raise in a public company filing.
Segmint raises $9M to help companies find customers’ ‘Lifestyle Indicators’
Akron, Ohio-based Segmint has just nabbed $9 million to peg the lifestyles of more customers.
The new funding — from a financial technologies company that declined to be named — will be used to extend the business beyond its current focus on banks, president/CEO and co-founder Rob Heiser told VentureBeat. Segmint is offered as a white-label platform through resellers to their customers, all of which are banks.
BigPanda launches with IT management software and $7M
BigPanda, a startup with software for aggregating data center incident alerts from several monitoring tools, launched today and revealed a $7 million round of funding. Mayfield Fund and Sequoia Capital participated in the new round for the Mountain View, Calif., startup, which competes with PagerDuty, among other companies.
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Read more: PR
Enlitic picks up $2M to help diagnose diseases with deep learning
Enlitic, a young startup that has committed to using a kind of artificial intelligence to assist doctors in the diagnosis and prognosis of diseases, is announcing a $2 million seed round at VentureBeat’sHealthBeat conference today.
Amplify led this seed round in San Francisco-based Enlitic. Data Collective also participated. The startup, which launched in August, employs five people.
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Bright.md raises $1M for remote primary care platform
Portland, Oregon-based Bright.md offers a technology platform that medical groups can use to care for some types of patients remotely. The company today announced that it has closed a $1 million funding round led by Seven Peaks Ventures, with Portland Seed Fund and Oregon Angel Fund also throwing in. The new funds will be used to further develop the company’s telemedicine platform.
This list will be updated with breaking funding news all day. Check back for more.
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