By Brian Kovalesky, StartUp Beat Editor
Today’s early-stage startup funding and acquisitions news:
Netatmo, Paris-based startup that makes weather and environmental sensors for use with iOS and Android devices, has secured €4.5 million in its first round of funding. Investors in the round include Iris Capital, FSN PME (the French government’s National Fund for Digital Society), and investor Pascal Cagni, the non-executive director of Vivendi SA and Kingfisher PLC, and former Apple EMEIA [Europe, Middle East, India, and Africa] executive. The company has built and offers personal weather station device for consumers. The device, which is compatible with iOS and Android, measures both outdoor and indoor environmental conditions, including noise pollution and build ups of carbon dioxide in indoor spaces. Netatmo was founded by Fred Potter, who also founded Cirpack, an IP telephony firm. (Sources: Netatmo, TechCrunch)
Vital Stats:
Website: www.netatmo.com
HQ: Paris
Founder: Fred Potter
Investors: Iris Capital, FSN PME, Pascal Cagni
Innovation: Indoor/outdoor environmental conditions device that works through iOS and Android.
Total Funding: €4.5 million
More funding news…
With $2.5M Injection From Nexus, Indian Housing Marketplace Launches In Bangalore (via TechCrunch)
Springshot raises $1.6M to turn service work into mobile game (via VentureBeat)
To Spark Children’s Imaginations, Hullabalu Raises $1.8 Million From SV Angel, Great Oaks & Others For iPad Storytelling App (via TechCrunch)
Cuyana, A Different Kind of Fashion Brand, Leads ‘Lean Closet’ Movement to Inspire Women to Own Fewer, Better Things (via WebWire/company press release)
Twitter monetisation start-up SocialBro closes Series A round (via growthbusiness.co.uk)
GREE Ventures Builds Its Southeast Asia Portfolio With Investment In UrbanIndo (via TechCrunch)
Ngmoco Team Reunites for N3twork to Restructure the Web With $12M From Kleiner Perkins (via AllThingsDigital)
BitSight Technologies Receives $24 Mln in Series A Financing (via PEHub/company press release)
WeMonitor raises $5.3M to keep your energy bills down (via VentureBeat)
VC firm hopes for high returns with fund for marijuana (via VentureBeat)
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