Rocket Internet’s Global Fashion Group secures $150m

PubNub, a data stream network for mobile applications, has announced $20 million in Series C funding led by Sapphire Ventures. Existing investors Relay Ventures and Scale Venture Partners also participated. “The coming explosion in growth of IoT devices combined with the existing massive demand for mobile and web realtime interaction represents an extraordinary market opportunity,” said Todd Greene, CEO of PubNub.

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