Million Dollar Babies: Cloud Startups Get Big Funding Bumps


Macheen, a global cloud service provider for connected devices, landed $10 million in Series B funding to build on its market entry. North Bridge Venture Capital led the funding, with Macheen's existing investors, including DJF Mercury, and angels and industry figures Tom Meredith, Mike Maples Sr. and Yachiam Yemini participated in the financing round. Macheen's multi-tenant, cloud-based platform supports new business models for device makers, retailers, cloud service providers and network operators. The company enables connected device makers and retailers to deliver products that are shipped pre-connected to the Internet via mobile networks.

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