Razer, a gaming technology company, has raised a Series C round valuing the Southern California-based firm at $1.5 billion, TechCrunch reports. $75 million of the total investment reportedly comes from the Digital Grid subsidiary of Chinese IT company Hangzhou Liaison Interactive. Razer sells peripheral gaming items such as mouse controllers and keyboards, but has also expanded into laptops, wearables and games consoles. Razer previously raised a funding round in 2014 from Intel that valued the company ay $1 billion.
Namely, a HR software platform, has raised $30 million in funding led by Sequoia. Matrix Partners, True ventures and Greenspring Associates also participated in the investment round. Namely last raised funds in June and has now secured $107.8 million in total funding. “Namely frees people from the shackles of back-office HR administration and enables them to become strategic drivers of employee culture and engagement, which are the foundation on which great companies are built,” said Pat Grady, partner at Sequoia. “Namely’s growth is a reflection of its maniacal focus on customer success. We’re thrilled to deepen our commitment to Namely, and to support the team in taking HR into the 21st century.”
Cybersecurity startup Team8 has announced a $23 million funding round. AT&T, Accenture, Nokia, Mitsui, and Temasek also participated, as did Quantum Strategic Partners. “Cybersecurity is a global issue, and collaboration is critical to maintaining an advantage over today’s highly innovative and motivated attackers,” said Nadav Zafrir, Team8 co-founder and former Commander of Israel’s Technology & Intelligence Unit 8200. “With the addition of our new strategic investors, we have not only created the world’s strongest cyber syndicate, but also the most diverse. We have teamed up with companies from the United States, Europe and Asia who are at the forefront of technology, telecommunications, IT, infrastructure and professional services. Team8 and its investors are all committed to working together to fulfill our vision of building category-leading companies that challenge the biggest problems in cybersecurity.”
Reflektion, an e-commerce services company, has raised $18 million in Series B financing led by Battery Ventures. Hasso Plattner Ventures and Intel Capital also participated in the round. The company has now raised a total of $29.3 million. “Reflektion has already demonstrated a dramatic impact on eCommerce through more than two billion personalized shopping experiences in 2015. Today we are converting more traffic on our clients’ websites to customers. The next step is to improve the quality of that traffic and deliver each consumer a seamless off-site to on-site to in-store experience,” states Reflektion CEO Sean Moran.