Series A
Cloud security company Apprity, still in stealth mode, has secured $8 million in an oversubscribed Series A funding. Investors include Norwest Venture Partners and Wing Ventures. The funding marks the “first Series A investment that [Promod] Haque and [Guarav] Garg have made jointly in enterprise security since FireEye in 2005,” according to a company release.
Redwood City cybersecurity company ThreatStream has received $4 million in a Series A round led by Google Ventures. Paladin Capital Group and two other investors, Cloudera CEO Tom Reilly and ArcSight co-founder and former CTO Hugh Njemanze, participated in the funding. TechCrunch reports the company was founded this past year and had previously received $300,000 seed funding.
San Francisco-based Acompli, which wants to “improve how the world works through mobile email,” has raised a $7.3 million Series A round. Redpoint Ventures led the investment, which saw contributions from Felicis Ventures and Harrison Metal. The company’s email app will launch on the iTunes App Store in Q2, according to its press release.
Funding
Atlanta-based distributed data security company Ionic Security has gained $25.5 million in an investment co-led by Jafco Ventures and Google Ventures. Webb Investment Network, Kleiner Perkins, Tech Operators, ff Venture Capital, and individual investors joined the round. Total backing behind Ionic Security comes to $38 million.
Battery Ventures has led a $7 million investment in Indianapolis-based marketing automation platform Smarter Remarketer. Its funding “follows the posting of the company’s best-ever annual performance in 2013 that saw revenue growth of three times higher than the previous year,” says a company press release.
Ornim Medical, which delivers biomedical tech services, has received a second-phase, $10 million investment led by OrbiMed Israel. GE and Agate venture capital fund contributed to the funding. OrbiMed, GE and Agate had earlier pumped in $10 million in 2012. The Kfar Saba, Israel-based company’s serves up non-invasive “monitoring solutions for cerebral and tissue blood flow,” according to Ornim Medical’s release.
According to a company press release, cloud workforce management company Kronos will get recapitalized via a $750 million equity investment “by funds managed by Blackstone and GIC. Hellman & Friedman, JMI Equity, Blackstone and GIC will invest in the Chelmsford, MA-based company. The transaction values Kronos at $4.5 billion.