SoftBank returned for the daily contextual insight service's second funding round, which was led by GE Asset Management, lifting its total funding to $22m.
US-based cloud learning platform developer EdCast closed a $16m round of financing on Thursday led by GE Asset Management, a fund manager overseen by industrial and appliance manufacturing conglomerate General Electric.
The round also featured SoftBank Capital, a corporate venturing subsidiary of telecoms and internet group SoftBank, as well as engineering and construction services provider Penta Global, venture capital firm Cervin Ventures and StartX Fund, the incubator and investment fund associated with Stanford University.
EdCast has built a cloud-based service…
