
Gleb Kaplun, Bright Capital's investment director, said: "Upstream Commerce has a great team, fantastic technology, and a tremendous vision that will undoubtedly shape the future of retail intelligence."
Matterport, a Y Combinator startup that has created technology that can do a 3D scan of building interiors, has raised $4m.
In December 2010, One97 Mobility Fund, the corporate venturing unit of the eponymous local mobile phone operator, provided an undisclosed amount.
Holtzbrinck Ventures and HTGF invested an undisclosed amount in Paul Secret in June.
Suneight Investment, the venture unit of the eponymous holding company conglomerate, has invested Y50m ($550,000) in Revolver, which sells digital content.
Foundation has committed up to $500,000 to advance this research and development to MentiNova.