Dropcam Raises $30 Million

WiFi video monitoring camera-maker Dropcam has raised $30 million in Series C funding led by Institutional Venture Partners, with existing investors Accel Partners and Menlo Ventures, and new investor Kleiner Perkins Caufield & Byers participating in the round.

This funding brings the total amount raised to $47.8 million and poises the company for continued growth.

The investment will be used to grow the engineering team, expand the company’s product line, and foray into new sales channels, says Dropcam.

[Image courtesy: Dropcam]

Just in

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.

Adobe co-founder John Warnock passes away

Adobe has announced the passing of Dr. John Warnock, the co-founder of the company, who died at the age of 82. Dr. Warnock, along with Dr. Charles Geschke, co-founded Adobe in 1982.

SpyCloud raises $110M

Austin, TX-based cybercrime analytics and security provider SpyCloud has closed a $110 million growth funding.