Series A
India-based gaming company Octro has secured $15 million in Series A funding, in a round led by Sequoia Capital. Octro focuses on reimaging real-word games into mobile multiplayer titles. The company created games such as Teen Patti and Rummy, which have both had success in Google play charts.
MedGenome, a genomic diagnostics company, has raised a Series A financing round worth $4 million. The round was led by Papillon Capital’s Kartik Kumaramangalam and Emerge Venture’s Mahesh Pratapneni. . Other investors included Dmitri Mehlhorn, former president of Bloomberg BNA Legal; Ambiga Dhiraj, co-founder of MuSigma; Tim McLaughlin, CEO of Siteworx; and Dan Peterson, former CEO of CASHNet.
Series B
Gild, which helps companies hire tech talent through data and intelligence, has completed a Series B financing round worth $13.5 million. Menlo Ventures led the round, while Draper Nexus, Steve Anderson of Baseline Ventures, Globespan Capital Partners, SAP Ventures, Correlation Ventures and Mark Kvamme of Drive Capital all participated.The funds will be used to “continue our mission to innovate and bring meaningful change to the imperfect ways people are hired today,” according to co-founder and CEO Sheeroy Desai.
File transfer app Zapya has raised $20 million in Series B funding from IDG Capital Partners, Chinese tech blog 36Kr revealed. Previous Series A investors in the company include Northern Light venture Capital and Innovation Works. The Zapya app is available in both Chinese and English.
Fastacash, a Singapore-based global payment platform provider, has completed a $4 million Series B round of funding, to bring total investment into the company to $8.5 million. The company had previously raised $4.5 million from its seed and Series A rounds. New investors Jagdish Chanrai, Principal of the Kewalram Chanrai Group and Golden Oriole Investments led the latest round. Previous investors also participated.
Funding
Profitero, an online insights and e-commerce intelligence company, has raised an $8 million funding round from Polaris Partners. The Irish company plans to use the round to hire new employees and increase its presence in North America.
M&A
Anti-plagiarism software provider iParadigms has been sold to private equity firm Insight Venture Partners for $752 million, including debt. The company was previously owned by Warburg Pincus, which the Wall Street Journal reports will make more than six times its initial investment from the deal. Singapore’s sovereign wealth fund, GIC, joins Insight Venture Partners in the deal.