Monday, December 23

Tag: Microsoft venture fund

FarEye raises USD 25 mn funding, to accelerate growth in US, Europe
FUNDING

FarEye raises USD 25 mn funding, to accelerate growth in US, Europe

Logistics software company FarEye raises USD 25 million (around Rs 190 crore) in funding led by Microsoft's venture fund M12, with participation from Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the series D round. The company, which has raised USD 40 million till date, did not disclose the valuation at which the latest funds were raised. "We will use the funds to further invest in enhancing predictive capabilities of our platform as well as accelerating growth in Europe, the US and the Asia Pacific," FarEye co-founder and CEO Kushal Nahata told Pixr8 News. Founded in 2013 by Kushal Nahata, Gaurav Srivastava and Gautam Kumar, FarEye's logistics platform enables enterprises to operate, track, and optimize their logistics operatio...
AnyVision raises $74 Million Series A from Microsoft venture fund & others
FUNDING

AnyVision raises $74 Million Series A from Microsoft venture fund & others

New York, United States: AnyVision closes $74 million Series A funding from Microsoft’s venture fund, DFJ Growth, and OG Technology Partners. The funding is an extension of Series A round. Earlier, AnyVision raises investment from LightSpeed Venture Partners, Robert Bosch GmbH, Qualcomm Ventures, and Eldridge Industries in Series A. Founded in 2015, Anyvision is a leading computer vision company specializing in face, body, and object-recognition software. The company develops core software solutions that make all cameras smart. These solutions are agnostic to all cameras, computing frameworks, and use-cases. “There are very few times in business when you have the opportunity to build an entirely new industry alongside leading ecosystem players,” said Eylon Etshtein, CEO and Co-Fo...