Qmerit Secures $11.75M in First Funding

Qmerit, an Irvine, CA-based provider of cloud-based MRO supply chain solutions, raised $11.75m in its first venture capital financing. 

The round was led by Strandview Capital alongside strategic investors Schneider Electric’s fund, an investment vehicle of Schneider Electric, and innogy Ventures, the investment arm of Germany-based energy group innogy SE. In conjunction with the funding, Kevin Covert from Strandview and Heriberto Diarte from Schneider Electric will join Qmerit’s Board of Directors.

The company intends to use the funds to expand its sales efforts as well as increase and accelerate product development.

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Roli Puts The Blocks Together For Revolutionary Songmaker Kit

When you’re a relatively new 21st century musical instrument company, finding relevance can be a tough thing to do. UK music startup Roli was able to do that in a major way. The company, which creates next generation music creation instruments, not only attracted artists like Steve Aoki and The Wu Tang Clan, to create production packages for their Roli Noise App, but they also attracted iconic producer Pharrell Williams as an investor and company officer.

Roli is the creator of the Seaboard Rise which is a family of next generation keyboard/controllers that artists worldwide are using both in the studio and on-stage. They’re also the creators of their line of blocks, smaller musical instrument/controllers. The lightpad block is a square block that can be assigned via midi or used in conjunction with a smartphone or tablet to create music with infinite possibilities. The Seaboard block is a scaled down version of the full sized Seaboard that lets you take it on the go anywhere and everywhere.

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eGym buys Netpulse

Fitness kit and software supplier eGym has announced the acquisition of fitness app specialist Netpulse for an undisclosed sum. 

The two companies are sharing a booth at IHRSA this week in San Diego.

eGym announced in January that the European Investment Bank would commit funds to the tune of €25m (US$30m, £22.2m) to drive its R&D programme.

The company offers software-based electronic strength machines and has thousands of installations in gyms across Europe.

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MomentFeed Introduces Visibility Manager To Boost Brands’ Local Visibility

MomentFeed has released Visibility Manager, a solution designed to ensure multi-location brands appear as the first and most obvious choice for nearby consumers.

By improving the precision, consistency, quality and distribution of each store’s business information, Visibility Manager is designed to make a brand’s nearest location a nearby consumer’s first choice on any mobile device. These results can drive more online-to-offline actions, foot traffic and higher sales.

With Visibility Manager, marketing teams gain insights into the health of each store’s digital presence across more than 310 network directories, maps, navigation systems, social media sites and web services. This solution empowers centralized marketing teams by maximizing a brand’s mobile visibility and increasing awareness to each of their locations.

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Seismic Games Bring Marvel Superheroes And Blockbuster Movies To New Next-Level Mobile RPG And VR

The people who helped bring you Star Wars: Battlefront and several entries in the Call of Dutyseries are making waves again. This year, Seismic Games will release the innovative mobile role playing game Marvel Strike Force and the immersive virtual reality game Blade Runner: Revelations, tied to the recent film sequel Blade Runner 2049 starring Ryan Gosling and Harrison Ford. As gaming increasingly leans toward major IP including big box office brands, the potential for VR, AR, and other innovative technologies to change how we experience entertainment -- including cinema -- grows.

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