$11 million for Relayr
Berlin-based Internet of Things startup Relayr announces a series A round. The $11 million came from famous U.S.-based tech VC Kleiner Perkins Caufield & Buyers, Munich Venture Partners and business angel Tom Noonan. KCPB is well known from its investments in Google and Amazon, and has also invested in SoundCloud.
Factory receives a new investment
ACI Worldwide acquires PAY.ON
Munich-based PAY.ON offers a white label payment infrastructure which connects 300 alternatives payment methods and works in over 160 countries. ACI paid $200 million in cash and stocks for the startup founded in 2004.