Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Uber raises an additional $1.2 billion to fund Asia expansion
Today Uber chief executive Travis Kalanick revealed that the company has secured $1.2 billion in additional financing in order to “make substantial investments, particularly in the Asia Pacific region.” This round reportedly brings Uber’s total valuation to $40 billion and brings the company’s total funding to $2.7 billion, following Uber’s $1.2 billion round in June.
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Maxwell Health, a Boston-based company providing an employee health benefit portal, announced it has raised $26.4 million in new funding. Adams Street Partners led the round, with Cambia Health Solutions, Schooner Capital, Brothers Brook, Annox Capital, and current investors Vaizra Investments, Tribeca Venture Partners, Catalyst Health Ventures, Serious Change, and Lere Hippeau Ventures also participating.
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Read more: Press release
ThreatStream nabs $22M to keep scouring the Net for threat intelligence
ThreatStream, which collects information about threats to help inform an organization’s security, announced today it has scored $22 million. The new funding brings the company’s total raised to $26 million and is a vote of confidence in its approach, which CEO Hugh Njemanze described for VentureBeat as “curated intelligence about malicious actors.”
CloudOne raises $4.5M
CloudOne, a company that provides cloud-based scalable technology for others to build applications for Internet-of-Things, announced it has raised $4.5 million in funding led by Plymouth Ventures, with expected participation from existing investors HKS Capital Advisors and Elevate Ventures through the Indiana 21st Century Research & Technology Fund.
Read more: Press release
Tute Genomics raises $2.3M for genome analytics platform
The race is on to bring the predictive and diagnostic power of genome sequencing to health care. The trick is to do the sequencing and analysis quickly and inexpensively. We’ve seen several substantial venture investments in companies with different approaches this year — likeOmicia and DNAnexus. The latest is Provo, Utah-based Tute Genomics, which has just raised $2.3 million in venture funding led by U.K.-based Eurovestech. Peak Ventures and a number of angel investors also participated in the investment round. The company previously took a seed round of $1.5 million in late 2013.
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Cartonomy tosses $1M into its group shopping cart
A New York City startup called Cartonomy announced today it has raised $1 million to launch next year its online version of a group of people tossing their product choices into a shopping cart as it rolls down the aisle. The group shopping cart is currently in open beta, with a release version targeted for early February.
This list will be updated with breaking funding news all day. Check back for more.
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