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.
Video conferencing company Blue Jeans raises $76.5M
Blue Jeans Network, a company with web and native mobile applications for video conferencing, is announcing today a $76.5 million round of funding.
Companies have plenty of options if they want to hold a video conference for employees or partners. There’s LogMeIn’s join.me, Citrix’s GoToMeeting, Cisco’s WebEx, Logitech’s Lifesize, Google Hangouts, Microsoft Skype/Lync, and Zoom, to name a few. Blue Jeans emphasizes its interoperability with Lync, Hangouts, and other services, as well as with hardware systems from Cisco and Polycom. That way, everyone on a call doesn’t have to be logged into the same system.
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Work collaboration platform Teambition raises $12M to take on Microsoft 365
Shanghai-based workplace collaboration platform Teambition announced this week that it has raised $12 million in series B funding from investors including NLVC, IDG, Vangoo Capital, and Gobi Partners.
This series B round brings Teambition’s total funding to date to $17 million — it raised a $5 million series A in December last year and was, ironically, a 2013 graduate of Microsoft Ventures Accelerator program in Beijing. The company declined to comment on valuation.
MathCrunch’s new monthly subscription helps you learn math on the go
MathCrunch, a mobile-focused math-tutoring startup that connects tutors with students, has announced a new subscription service, alongside a fresh round of funding from Stanford University.
Founded in 2014, the San Francisco-based company raised a $3.5 million seed round just a few months back, but it has now nabbed cash from Stanford’s StartX Fund, which was established in 2013 to help support Stanford alumni. While StartX doesn’t disclose dollar figures for its investments, MathCrunch says the money will be used to expand its product features and “grow its fleet of tutors to accommodate its rapid growth.”
This list will be updated with breaking funding news all day. Check back for more.
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