The Funding Box provides the latest stories about startups and the venture capital world. Here’s a list of the top startup and funding stories:
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Props, a New York City-based holistic marketing technology platform, has managed to raise around $5.5 million in fresh funding. Investors include some of the big names in the business world. These are Paul Speaker, the co-owner and former CEO of the World Surf League, and Hari Ravichandran, CEO and Founder of Jump Ventures. The company’s investors also include Axispoint, a technology development company that has a strong focus on content and blockchain applications.
SmartHop, a Miami-based logistics tech startup, has received a significant amount of investment from Las Olas Venture Capital. However, the financial terms of the deal were not disclosed to the media. The fresh capital will be used to boost internal operations. The startup serves the truck industry. It automates the route planning and dispatching decision-making process.
BrainCheck, a Texas-based digital neurocognitive testing platform, has secured $1.5 million in fresh funding. True Wealth Ventures led this latest funding round, with some participation from S3 Ventures, XFactor Ventures, Tensility Venture Partners, and some angel investors. The newly raised funds will be used to expand its R&D and boost its product. The new capital will also be used to acquire additional talent and accelerate deployment in clinical practice.
Cloud Constellation Corporation, a US-based firm that offers secure managed network services and cloud data storage for government and military organizations, has secured $100 million in fresh capital in its Series B equity round. HCH Group made this huge investment.
Qwick, a Phoenix-based on-demand staffing startup, has raised $1.3 million in fresh funding. Investors include Moving Capital, Desert Angels, XG Ventures, UA Venture Capital, and Revolution’s Rise of the Rest Seed Fund. Qwick plans to use the fresh capital to acquire additional manpower and expand to four additional cities next year.
Bounce, a San Francisco-based mobile platform for booking daily storage, has raised $1.2 million in its latest funding round. The company’s investors include Seabed VC and some individual investors. These are Canadian investors Michael Hyatt and Rob Chestnut, and Jillian Manus of Structured Capital. The newly raised funds will be used to expand presence to dozens of new cities.
Additional information and important details provided by Crunchbase