Chris Witkowsky

Intel Capital has made a "significant" investment in Recon Instruments, the technology company that developed Head's-up Displays for sports. The funding will be used to support Recon's product development, marketing and global sales expansion.

MakeSpace, a startup in New York City, has launched with $1.3 million in funding from Upfront Ventures (the former GRP Partners), Lowercase Capital, High Peaks Venture Partners and Collaborative Fund. The company, which provides on demand storage for people moving, traveling or who simply need more space, plans to raise another $200,000 through Angel List.

BetterCloud, a developer of cloud management and security software for Google apps, has raised $6 million in a Series B funding round from existing investors, led by Flybridge Capital Partners, with participation from Greycroft Partners, TriBeCa Ventures Partners, Bear Creek Capital, Hallett Capital and BLH Venture Partners.

RANOVUS Inc. has closed an $11 million round of financing from investors including Azure Capital Partners, OMERS Ventures, T-Venture, MaRS Investment Accelerator Fund and BDC Venture Capital. RANOVUS, which provides interconnect solutions for the telecom and information technology industries, was launched last year.

Cinegif, which specializes in GIF-based marketing, has received $500,000 from Texas angel investors, including Baylor Angel Network and Houston Angel Network and its related Halo Fund. Cinegif will use the funding to accelerate sales and marketing efforts for its cloud-based GIF marketing platform.

Rakuten has agreed to acquire global video streaming service Viki, which raised $20 million in 2011 from Andreessen Horowitz, Greylock Partners, Charles River Ventures, BBC Worldwide and SK Planet.

Atlas Venture, Ludlow Ventures, Promus Ventures, Innovation Works and Coyote Ridge Ventures have participated in the $1.1 million seed round of financing for Sqwiggle, which allows for short video discussions between one or more people. The financing was part of the first AngelList Syndicate.

Google Ventures has led a Series B funding round for Rani Therapeutics, which has developed a platform to convert injectable drugs into pills. InCube Ventures, a life sciences venture fund, and VentureHealth, a healthcare crowdfunding portal, joined the funding round. No financial details were provided.