Israeli startup Soluto has closed a healthy $6.2 million second round of financing led by Bessemer Venture Partners and joined by Giza Venture Capital. This is on top of the $1.6 million round the company raised a year ago from Proxima, bringing the total amount of capital invested in the company close to $8 million.
The company, which is aggressively keeping its operations hidden from the public… → Read More
Bay Partners and Bessemer Venture Partners have teamed up with Salesforce to invest $25 million in businesses building on the recently announced Force.com application platform over the next three years. Investments will be around $500,000 each (some convertible notes). However, others may go as high as $2 million depending on the company’s stage and needs. The investments are a boon to the… → Read More