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Existing investors Open Ocean Capital and the Norwegian government-backed investment company, Investinor, both also participated.
The round was led by Intel Capital with participation from California Technology Ventures, Finnish Industry Investment, Open Ocean Capital and Spintop Private Partners.
Open Ocean Capital and SanomaVentures also participated in its new round, along with Tekes, the Finnish government-backed Funding Agency for Innovation.
Following a Seed round, today LoopMe, has closed a $3 million funding round from Holtzbrinck Ventures, Open Ocean Capital and former Playfish founder Kristian Segerstrale.
The new round takes them to a $7 million with investment from Holzbrinck Ventures and Open Ocean Capital, as well as private Chinese investors.
New York-based Valar Ventures led the round, and Meissner writes that all of the startup's previous investors (Earlybird Ventures, Passion Capital, Wellington Partners, Atlantic Labs and Open Ocean Capital) also participated in the round.
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Ironically, so too has the ocean of capital sloshing through markets in recent years.
What reason is there to believe it will be able to do so when the ocean of capital dries up?
In 2014, he bought Hotel Esplanada in Fortaleza, the ocean front capital of Ceara, which he plans to convert into a residential property.
But Tejada also seems mindful of not raising far more money for PagerDuty than it needs to scale, even while there's an ocean of capital surrounding it.
After seeing an ocean of capital committed to bitcoin-related startups, the market may be in a period of self-correction.
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