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San Francisco start-up Helium bags about $16 mln Series A

San Francisco-based Helium, an internet of things platform for smart machines, has raised about $16 million in Series A funding, the company announced in a blog post on its site. Khosla Ventures led the round with participation from other investors that included FirstMark Capital, Digital Garage, Marc Benioff and SV Angel. Also, Helium has hired Rob Chandhok as president and chief operating officer. Previously, Chandhok worked at Qualcomm. To read the post, visit here.