HK’s Fung Capital leads $7m in ThirdChannel; Samsung NEXT, Verizon invest in Vidrovr


Deal Street Asia

By Pramugdha Mamgain


Hong Kong’s Fung Capital, the investment arm of the Fung Family, has led a $7 million Series A funding round in ThirdChannel, while US-based Vidrovr, which helps publishers find the most relevant videos to go along with their content, has raised $1.25 million in seed funding led by Samsung NEXT.




ThirdChannel Collects $7M to Boost Analytics for Physical Stores




Xconomy Boston — Despite talk that e-commerce is killing brick-and-mortar retail, the vast majority of shopping still takes place in physical stores. But it’s often easier to monitor inventory, analyze consumer spending habits, and make on-the-fly adjustments for digital storefronts than it is for their real-world counterparts.






  By Polina Marinova 


Good morning, Term Sheet readers.

Yesterday, we noted that Valeant Pharmaceuticals is giving Addyi, the female libido drug dubbed ‘the female Viagra,’ back to its former owners. This is quite a big deal as Valeant bought Sprout Pharmaceuticals, the company behind the drug for a whopping $1 billion just over two years ago.



ThirdChannel Raises $7 Million For Digital Retail Intelligence





ThirdChannel, a retail intelligence platform,  has closed $7 million in Series A funding. The round is led by Fung Capital.

The funding will enable ThirdChannel to expand the footprint of its real-time platform, which is designed to give more brands and retailers visibility into what’s happening in physical stores and greater ability to meet consumer demands, across key markets.



Chinese retail family funds $7M round for Cambridge startup ThirdChannel


BBJBy   –  Technology Reporter, Boston Business Journal


ThirdChannel is one of a small group of Boston-area startups that aim to help brick and mortar retailers adapt to the digital revolution instead of getting crushed by it.