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When it Rains, it Pours - Rogers Commits $4 Million to Wavefront

Rogers Communications today announced a funding commitment of approximately $4 million to Wavefront to accelerate the growth of machine-to-machine (M2M), the Internet of Things (IoT) and wireless businesses in Canada.

Over the next five years, Rogers will offer financial resources, technology tools, training and mentorship programs to thousands of technology businesses and entrepreneurs that walk through Wavefront's doors.

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Kik Acquires GIF Messenger Relay, Announces $38.3 Million Series C Funding

Kik Interactive announced this morning it has acquired Relay, a leading GIF messenger, and raised a $38.3 million Series C round of funding.

The funding round was led by Valiant Capital Partners with participation from new investors Millennium Technology Value Partners and SV Angel, and existing investors Foundation Capital, RRE Ventures, Spark Capital and Union Square Ventures.

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