April’19 Startup Funding: Corporate Gushers


It was another rich month for startups, large and small. In April’s top 11 funding rounds, five were investments by big corporations or corporate venture capital funds—an investor consortium led by the SoftBank Vision Fund, PayPal, Ford Motor, NTT DoCoMo, and HAPSMobile, a joint venture of SoftBank Group and AeroVironment. Those 11 investments totaled $3.74 billion. Intel Capital was als... » read more

The Week in Review: IoT


Finance Palo Alto, Calif.-based Armis raised $30 million in Series B funding, bringing total funding for the provider of enterprise Internet of Things security to $47 million. Red Dot Capital Partners of Israel led the round, joined by Bain Capital Ventures. Existing investors Sequoia Capital and Tenaya Capital also participated in the latest funding, which Armis will use to expand sales and m... » read more

Chip Startup Shuts Its Doors


Calxeda, a high-profile developer of ARM-based chips for servers and other products, has shut its doors and effectively ceased operations. As part of the move, the startup has laid off nearly all of its 130 employees amid what it calls a restructuring period. Founded in 2008, Calxeda has raised around $103 million in funding, and has been selling ARM-based server chips in an emerging but inc... » read more