Saturday, July 19, 2014

Funding Daily: Dough rises — err raises

Funding Daily: Dough rises — err raises
Image Credit: Flickr user youngthousands


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Funding round-up! Here are today’s deals:


Dough, an investment training startup, takes a fresh $25M to the bank


Dough, a startup that provides educational content on personal investing, just got some new money of its own to play around with. Of course, Dough already knows what it wants to do with the money. The new $25 million round will go toward hiring more people who can narrate videos on-air and bringing the Chicago-based startup’s materials into foreign countries, according to a statement Dough released today.


Read more on VentureBeat: Dough, an investment training startup, takes a fresh $25M to the bank


Biometric wearables lab Sensoria scores $5M from Italian investors


Redmond, Wash.-based Sensoria has signed a term sheet for a $5 million first investment round with Italy’s Reply SpA. The investment put 20 percent of Sensoria into Reply’s portfolio and earned Reply a board seat. Sensoria, formerly named Heapsylon, is a biometric wearables development firm, producing several smart mobile-capable products (smart socks, sports bras, and T-shirts) and an SDK platform that enables any company to develop and manufacture products for the $5 billion smart wearables market.


Read more on VentureBeat: Biometric wearables lab Sensoria scores $5M from Italian investors


Unbabel scores $1.5M to add a human touch to machine-powered translation


Computers may have solved number-crunching and turning data into digestible information, but what about the translation of human languages? A company called Unbabel is tackling that with its combination of artificial intelligence and human crowdsourced translation, and it has just announced a raise of $1.5 million in seed funding.


Read more on VentureBeat: Unbabel scores $1.5M to add a human touch to machine-powered translation


Funding Daily: Dough rises — err raises

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