Here are today’s top funding stories:
AT&T & Chernin Group raises $500M fund for video
Few streaming services can match the success that Netflix has had, but that will soon change if AT&T, Chernin Group, and a huge sack of cash have anything to say about it.
Read more on VentureBeat: AT&T & Chernin Group pony up $500M to find the next Netflix
Weebly raises $35M
Website-building service Weebly is joining the fray with its announcement that it has grabbed a new $35 million as its third round of institutional funding from Sequoia Capital and Tencent Holdings, Ltd. This funding round now puts the company’s valuation at $455 million — and gives it more options for growth.
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Read more on VentureBeat: Weebly races WordPress around the world, takes $35M
InVisage takes $18M
Smartphone cameras have evolved tremendously over the last few years — but there’s still room for improvement. That’s where something like InVisage Technologies’ QuantumFilm comes in, which can supercharge smartphone cameras for higher quality photos and better performance in crazy lighting conditions.
Read more on VentureBeat: InVisage ramps up production for its next-gen phone camera sensor with another $18M
Electric Cloud raises $12M
The company is announcing that it has grabbed a fresh $12 million in funding as it continues to grow its software production business. After raising a first $8 million of this round back in September, the company has received an additional $4 million from its current investors, including Siemens’s Venture Capital, U.S. Venture Partners, Mayfield Fund, RRE Ventures, and Rembrandt Venture Partners.
Read more on VentureBeat: With a new $12M, Electric Cloud continues to power automated software iteration
APX Labs grabs $10M
Herndon, Virginia-based APX Labs, a startup that has focused on military applications for augmented reality, has scored $10 million to expand the use of its software for Google Glass and Epson’s Moverio in the business world.
Read more on VentureBeat: APX Labs nabs $10 million to get Google Glass ready for business
Brandcast takes $1.5M
As an emerging content-management system provider, Brandcast strives to be both easy to use and full-featured for big businesses. And so far the startup has been doing an excellent job of striking that balance, at least from the perspective of its sole backer, Salesforce.com founder and chief executive Marc Benioff.
Read more on VentureBeat: Brandcast’s simple but powerful site management tech wins $1.5M from Benioff
Utrip takes $750K
Utrip could help you plan your dream vacation in Europe. Based on your travel interests and budget restrictions, the startup’s predictive web app spits out fully fledged travel itineraries.
Read more on VentureBeat: Utrip says its artificial intelligence will help you plan the perfect EuroTrip
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