StrictlyVC: October 18, 2016
Summary
Joy, a months-old, San Francisco-based hardware startup whose first product is an interactive photo frame, has raised $2.5 million in seed funding from investors including Obvious Ventures, The Chernin Group, BoxGroup, and Maywic Select Investments. VMRay, a three-year-old, Bochum, Germany-based company that makes threat analysis and detection software, has raised $3.9 million in Series A funding, including from eCAPITAL entrepreneurial Partners and High-Tech Gründerfonds. Zumper, a four-year-old, San Francisco-based online apartment search platform, has raised $17.6 million in Series B funding led by Breyer Capital and Foxhaven Asset Management, with participation from earlier backers, including Kleiner Perkins Caulfield & Byers, Intuit cofounder Scott Cook and others. A quick look at billionaire Dan Gilbert‘s mission to rebuild Detroit as a tech hub of “muscles and brains.” Twitter has hired AngelHack founder Gregory Gopman to work on its virtual reality initiative. Silicon Valley venture capitalist Vinod Khosla is now suing two California agencies as part of protracted legal battle over public access to beach on his property.