Hong Kong

CompareAsiaGroup, a Hong Kong-based financial comparison platform, raised $40m in Series A funding. The round was led by Goldman Sachs Investment Partners with participation from Nova Founders Capital, Jardine Pacific, Ace & Company, Route 66 Ventures, Mark Pincus, and Owen Van Natta. As part of the funding round, Goldman Sachs Investment Partners will join the Board of […]

USA

CoinTent, a San Francisco, CA-based provider of a micropayments solution enabling publishers to sell individual articles directly from their own sites, raised $1.075k in funding. Backers included Foundry Group, QueensBridge Venture Partners, Mark Pincus, Donna Dubinsky, Leonard Shustek and Andrew Tisch. Founded in 2013 by Bradley Ross, CEO, CoinTent is a micropayments company that has just launched […]

USA

Do, a San Francisco, CA-based solution for running productive meetings, raised $2m in seed funding. Backers included New Enterprise Associates (NEA), Slow Ventures (Dave Morin and Kevin Colleran), Nas of Queensbridge Venture Partners, Zynga founder Mark Pincus, Chegg co-founder Aayush Phumbhra, Cotap CEO and former Yammer Chief Product Officer Jim Patterson, among others. The company […]

USA

Luxe Valet, a San Francisco, CA-based service that sends valets to park for people, raised $20M in Series A funding round. Backers included from Venrock, Redpoint, Lightspeed Venture Partners, Data Collective and BoxGroup as well as angel investors Dave Morin, Mark & Ali Pincus, Gary Vaynerchuk, Gil Penchina, Rick Marini, Fritz Lanman and Jason Kilar. […]

USA

Overdog, Inc., a Nashville, TN-based provider of an app for Xbox One Marketplace, closed a $1.8m financing round. The round was co-led by Atlas Venture and Chicago Ventures with participation from Zynga Founder Mark Pincus, and Machinima Founder Allen Debevoise, United Talent Agency, Mountain Group Capital and several existing angels. In conjunction with the funding, Chicago […]

fundingStart UpUSAventure capital

BackOps, a San Francisco, CA-based back office as a subscription service platform, closed $7m in Series A funding. The round was co-led by Sherpa Ventures and e.ventures with participation from Google Ventures and existing investors CrunchFund and Mark Pincus. The company intends to use the funds to to continue expansion of its platform. Co-founded by CEO […]

USA

San Francisco, California-based social game services company Zynga, Inc. (NASDAQ: ZNGA) has named Don Mattrick as CEO and a member of the Board of Directors. The move follows the recent massive workforce cut (read here). Zynga’s founding chief executive officer Mark Pincus will remain in the company as  Chairman of the board and Chief Product Officer. Mattrick, […]

quote of the day

“None of us ever expected to face a day like today, especially when so much of our culture has been about growth. But I think we all know this is necessary to move forward“. Mark Pincus, Founder and CEO, Zynga, in the note to employees outlining a reduction in force of approximately 520 employees approximately […]

fundingRussiaventure capital

Ostrovok, a Moscow-based hotels-focused online travel website for Russian consumers, has raised $13.6m in Series A funding. The round was led by General Catalyst Partners and Accel Partners, with participation from: – Peter Thiel and Founders Fund (Facebook); – Niklas Zennstrom and Atomico (Skype); – Mark Pincus (founder of Zynga); – Esther Dyson (Yandex board […]