REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
The ayondo group, a company focused on new technologies and high-growth business models that can achieve increased efficiency in the banking sector, received an additional SGD5m in funding. Singapore-based Private Equity group Luminor Capital made the investment. The company will use the funds to expand internationally (it recently opened a Singaporean office). Led by Robert […]
Accentium Web, a Gurgaon, India-based focused consumer internet company, raised $2m in funding. Undisclosed angel investors participated in the round. Led by Director Vivek Pahwa, Accentium Web runs PriceBag.com, a product discovery and price comparison platform for categories including Mobiles, Tablets, Laptops and Cameras, SecondShaadi.com, a matrimonial site for second marriages, and 99Cars.com, a user […]
Civitas Therapeutics, Inc., a Chelsea MA-based biopharmaceutical company developing and commercializing therapeutics using its proprietary technology, completed a $55m Series C financing. Backers included new investors Adage Capital Management, LP, OrbiMed Advisors, Partner Fund Management, LP, Rock Springs Capital, and Sofinnova Ventures, and existing investors Alkermes plc, Bay City Capital, Canaan Partners, Fountain Healthcare Partners, […]
The Honest Company, Inc., a Los Angeles, CA-based family brand providing a broad portfolio of natural, non-toxic products, closed a $70m financing round. The round was led by funds affiliated with Wellington Management Company LLP with participation from Dragoneer Investment Group and one other public market institutional investor and existing investors Lightspeed Venture Partners, Institutional […]
FortuneRock (China) Ltd., a Beijing-based developer of gene-based recombinant protein drugs, raised $24m in funding. Backers included Jinhua Pharmaceutical Co., a public company listed on the Shenzhen Stock Exchange, and unnamed foreign and domestic Chinese private investors. The company intends to use the funds to set up of a new spin-off enterprise including building a […]
Theatro, a Dallas, Texas-based developer of voice controlled wearable communications devices for hourly workers in the retail, hospitality and manufacturing market segments, closed $5m Series A funding. Backers included Khosla Ventures. Ben Ling, investment partner at Khosla Ventures, led the investment and joined Theatro’s board of directors. The company intends to use the funds, which […]
Datanyze, a San Mateo, CA-based sales prospecting solution powered by technology data, secured $2m in seed funding. The round was led by IDG Ventures, with participation from Google Ventures, Mark Cuban, AngelList, Gil Penchina, Neeraj Agrawal, Jeff Epstein and Kyle York. The company intends to use the funds to continue growing the team and expand […]
E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) has acquired Twitch Interactive, Inc., the live video platform for gamers, for approximately $970m in cash. The acquisition, which is subject to customary closing conditions, is expected to close in the second half of 2014. Launched in June 2011, Twitch is a live video platform for gamers with more […]
AdStage, an advertising technology startup building tools for businesses to build, manage and optimize online ad campaigns, just raised $6.25m in Series A financing (read here). Sahil Jain, Co-Founder and CEO of the San Francisco, CA-based company, answere our questions about the product, the milestones, the funding and next steps. FinSMEs: Hi Sahil. First, can […]
Feedvisor, a Tel-Aviv, Israel-based algorithmic pricing and business intelligence (BI) platform for online retailers, raised $6m in Series A funding. The round, which followed a $1.7m seed round in October 2013 by JAL Ventures, Oryzn Capital and Micro Angel Fund (read here), was led by Square Peg Capital. The company intends to use the funds […]
Bizible Inc., a Seattle, WA-based provider of marketing performance management software, secured $8m in funding. The round was led by Scale Venture Partners with participation from Tim Kopp and existing investors Madrona Venture Partners, MHS Capital, Investment Group of Santa Barbara, and Rob Glaser. In conjunction with the funding, Stacey Bishop, Partner with Scale Venture […]
Amplify Partners, a Menlo Park, CA-based early-stage venture capital firm committed to redefining enterprise technology, added Mike Dauber as General Partner. Dauber joined from Battery Ventures, where he spent over six years driving investments in enterprise infrastructure and applications. In his new role, he will continue to fund and support the next generation of enterprise […]
Mobiquity, a Boston, MA-based provider of mobile engagement solutions, raised additional $5M in funding. The round was led by NewSpring Growth, the dedicated technology and business services growth equity fund of NewSpring Capital, with participation from existing institutional investors. The new funding is an extension of the $12M Series B round Mobiquity secured in June 2013 […]
Trulioo, a Vancouver, B.C., Canada-based global identity verification company, received a strategic investment from UST Global, a provider of end-to-end IT services and solutions for Global 1000 companies. As part of the UST deal, Saurabh Ranjan will join Trulioo’s Board of Advisors. The investment will enable Trulioo to drive innovation to customers. Led by Stephen […]
ZipRecruiter, a Santa Monica, CA-based hiring platform for small and medium sized businesses (SMBs), closed a $63m Series A funding round. The round was led by Institutional Venture Partners (IVP) with participation from Basepoint and Industry Ventures. In conjunction with the funding, IVP Principal Eric Liaw will be joining ZipRecruiter’s Board of Directors. The company […]