Series D
Wikia, the content portal for fan communities, has raised $15 million in a Series D round led by Digital Garage. Existing investors Amazon, Bessemer Venture Partners and Institutional Venture Partners also participated. The company, founded in 2006 by Wikipedia’s Jimmy Wales, will use the funds to expand into the Japanese and Asian markets. The site currently boasts over 400,000 fan communities of TV shows, video games, movies, music and more. Wikia also posts impressive readership figures, attracting 120 million monthly users a month. “Because Japan is a culture steeped in fandom and famous for creating video games, anime and comics – many of which anchor some of the largest Japanese and global communities in Wikia – this makes it a very logical and strategic country for Wikia’s global business expansion,” stated Craig Palmer, Wikia’s CEO and President.
InContext Solutions, a Chicago-based 3D virtual simulation technology company, has raised $12 million in Series D funding from Beringea LLC in Michigan and Beringea LLP in London. Plymouth Venture Partners and Hyde Park Venture Partners also participated in the round. The company, founded in 2009, now plans to grow its presence worldwide. “We are seeing great interest and investments from current clients as virtual continues to gain traction in the market. With this funding round, we will be able to exponentially boost our growth and offer enhanced virtual solutions for clients,” says InContext Solutions CEO Mark Hardy. “Our plan is to increase our dedicated and knowledgeable staff, invest further in our ShopperMX technology, and support expansion into Europe.”
Series E
Nutanix, a converged infrastructure company and former Red Herring Top 100 winner, has closed a $140 million Series E round, which values the company at more than $2 billion. The company will use the funds to invest in sales, research and development, customer support and marketing. Nutanix has now raised a total of $312 million after this latest round, which was led by two unnamed Boston-based public market investors. “The convergence of servers, storage and networking in the datacenter has created one of the largest business opportunities in enterprise technology, and Nutanix is at the epicenter of this transformation,” said Dheeraj Pandey, co-founder and CEO, Nutanix.
Funding
KKBOX, a Taiwan-based music streaming service, has raised $104 million from Singapore GIC. KDDI, HTC and Chunghwa Telecom also participated. The company, founded in 2005, boasts 10 million users over various Asian markets and will use the new funds to expand further overseas and develop its platform technology.