(FILES) In this January 30, 2011 file photo, US currency is seeen in this photo taken in Manassas, Virginia. US consumers saw incomes surge in April but still cut back on spending, the Commerce Department reported June 1, 2015, in the most recent sign that household caution is restraining economic growth. Personal incomes rose 0.4 percent in April, and disposable income the same, after both were flat in March. Aggregate personal income rose by $59.4 billion in the month, but spending fell by $2.7 billion. Households instead saved more of what they took in, adding a net $51.5 billion to savings over March. AFP PHOTO/KAREN BLEIER / FILES
JERUSALEM: Israeli Internet of Things developer Seebo said on Jan 26 that it raised US$8.5mil (RM36.12mil) in a private funding round led by Carmel Ventures and TPY Capital.
The latest round brings Seebo's funding to US$14mil (RM59.49mil).
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