Macheen, a US-based cloud service provider for connected devices, has raised an undisclosed amount of strategic funding from chip maker Qualcomm.
In September, Macheen closed its $10m series C round from venture capital firms North Bridge Venture Partners and DFJ Mercury and GemVentures, which was set up in spring 2000 by the then technology company Gemplus, with an initial funding of $75m. Macheen previously raised $10m in its B round in June 2011.
Richard Schwartz, Macheen’s executive president, said: “Qualcomm’s…
