#FundingWire is your quick daily dose of notable investments made in the technology space. The firms covered in this segment include Notion, XL Innovate, Udemy, and icliniq.
Notion Draws $3.2M Additional Funding in Seed Round
Denver IoT startup, Notion has closed $3.2 million in additional funding as part of the second tranche of a seed round it raied last year. The round was led by XL Innovate, and saw participation from Liberty Mutual Strategic Ventures. Notion has now raised a total of 5.7 million dollars in addition to a successful Kickstarter campaign. Notion is pushing up against traditional home security systems and the DIY home security industry with its simple, low-cost, highly customizable sensors
Notion CEO Brett Jurgens said the company is looking to accelerate its go-to market plans and execute on larger partnerships. He said the company wants to partner with home goods manufacturers and “provide full home awareness.” Read more
Udemy Raises $60M from Naspers for Global Expansion
eLearning platform Udemy has raised $60 million from venture arm of Naspers Ltd. The portal offers 40,000 user-generated courses in 80 different languages to “lifelong learners.” It does not offer courses that count towards a college degree. But it does offer some corporate training services.
According to a company statement, Udemy recently surpassed 11 million students and 20,000 instructors worldwide. Some students take many courses, and Udemy has also recently surpassed 50 million enrollments across 190 countries. Read more
Healthtech Startup icliniq Raises Angel Funding
Online doctor consultation platform icliniq has raised an undisclosed amount in angel funding from Erode-based laparoscopic surgeon MadhanKumar Madathupalayam. The surgeon will also will join the board of icliniq.
This Bangalore- and Coimbatore-based firm was founded in 2012 by Dhruv Suyamprakasam. The company claims patients from over 60 countries are using the platform. Read More
Category Investments Startups