Alongside Motorola Solutions Venture Capital as backers of Retailigence, has been Opt, a Japan-based advertising agency.

In February last year, TastemakerX secured $1.8m in its series A round from AOL Ventures.

Julep Beauty, a US-based beauty brand, has raised $10.3m in series B round from venture capital firms Andreessen Horowitz, which led the round, and Maveron, which was co-founded by Howard Schultz, coffee retailer Starbucks chief executive.

US-based Click Security has raised $17.7.m in a second round of funding led by Lightspeed Venture Partners.

Agari was formed out of technology first created by IronPort Systems, and further developed at network equipment provider Cisco after it acquired IronPort Systems in 2007.

In April 2011, SocialFlow raised $7m in its series A round from a consortium of publishers.