Customize the hardware and software for commercial drones, a cloud-based accounting software and an online lending company.
image from Airware |
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Airware, (Founded in 2011, a commercial drone development and operation platform),
has raised a $25 million Series B round from Kleiner Perkins Caufield & Byers. If unfamiliar, Connectikpeople.co soon, #Retinknow®, recalls that, Airware customizes the hardware and
software for commercial drones, which can be used in a variety of industries
from agriculture to construction. Airware
has raised over $40 million to date and will use the latest funding to
launch its drone operating system later this year.
FreshBooks,( Founded in 2003, a cloud-based accounting software company headquartered
in Toronto), has raised $30 million in a Series A round led by Oak Investment Partners with participation from Atlas Venture and Georgian Partners. FreshBooks helps small business owners manage their time and expenses,
send invoices, and collect online payments. FreshBooks will use the new cash to expand its team and accelerate
traction.
AvantCredit (Founded in 2012, an online lending company based in Chicago), has raised $75 million in
Series C funding from Tiger Global Management. AvantCredit offers loans of up to $20,000 to "midprime"
borrowers who may not be able to obtain loans from traditional banks, removing
upfront fees and prepayment penalties. AvantCredit
has raised over $100 million in equity funding to date and will use the latest
round to grow its business in the U.S. and U.K.