VC funding: DirectTIPS, ZynBit, Workhorse Group, Celeno

Technology companies such as Roswell Biotechnologies, DirectTIPS, ZynBit, Workhorse Group, Celeno, among others, have announced their latest funding rounds.
VC funding in technology cosRoswell Biotechnologies has closed a $32 million round of Series A financing backed by multiple investors.

DirectTIPS

DirectTIPS, parent company of Tippy, a digital tipping application for the salon and spa industries, has closed $1.65 million in Series B funding, bringing its total funding to $3.15 million.

Workhorse Group

Workhorse Group, an electric-mobility solutions provider to the transportation sector, has closed a financing in the amount of $35 million with Marathon Asset Management.

ZynBit

River SaaS Capital, a private venture debt fund targeting Software as a Service (SaaS) companies, has provided non-dilutive capital to ZynBit, a SaaS provider for Sales Professionals.

Celeno

Iris Capital, an European venture capital firm, has led a strategic investment of $10 million in Celeno, a Wi-Fi solutions provider.

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