Fundings & Exits

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ADP acquires workforce management software startup WorkMarket

 Payroll provider ADP said it is acquiring WorkMarket, a startup that specializes in workforce management software that operates across a wide range of employees and contractors, for an undisclosed sum. The software aims to create a kind of unified interface for managing an extended workforce that can include a variety of workers with different employment status, from contractors and… Read More

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Ledger raises another $75 million to become the leader in cryptocurrency hardware wallets

 Ledger just raised an impressive Series B round of $75 million (€61 million), led by Draper Esprit. The startup already raised a $7 million round last year. But the cryptocurrency mania probably made it easy to raise more money. If you have more than a bit of money in cryptocurrencies, chances are you’ve heard about Ledger wallets. The French startup has been designing some of the… Read More

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Natural home products startup Grove Collaborative bets niche wins over the Amazonization of everything

 Who needs Amazon when you can make your own online distribution channel? At least, that’s the idea behind Grove Collaborative, a natural home care products company that ships natural cleaning brands like Method and Mrs. Meyer’s. Co-founder Stuart Landesberg started the company in 2014 after working with retail brands during his time as an investor at TPG. He noticed how limited… Read More

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Anomali secures $40 million Series D led by Lumia Capital to scale threat detection solution

 Anomali, a threat detection and mitigation company, announced a hefty $40 million Series D investment today led by Lumia Capital. The company was previously known as ThreatStream. New investors Deutsche Telekom Capital Partners (DTCP), Telstra and Sozo Ventures along with returning investors GV, General Catalyst, IVP and Paladin Capital Group also participated in the round. The company would… Read More

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BMW acquires Parkmobile parking app to help tackle city traffic

 BMW has acquired Parkmobile, an app that provides guidance and services for those looking for parking in North America, including on-street and garage parking payments and spot reservation. BMW Group had already held a minority investment in the company, and owned its Parkmobile Group Europe affiliate, but today it increased its holdings to reach majority ownership of Parkmobile, LLC, which… Read More

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Nyansa lands $15 million led by Intel Capital to grow user performance management

 Companies like New Relic and AppDynamics have been offering applications performance management solutions to help operations teams track external performance issues for years. Nyansa (pronounced ‘knee-ans-sah’) is bringing that kind of performance management to internal networks. Today, the company announced a $15 million Series B investment. The round was led by Intel Capital… Read More

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Swedish fashion e-commerce company NA-KD raises $45M Series B

 NA-KD, the Swedish fashion e-commerce company that sells women’s clothes direct to consumers, has raised $45 million in Series B funding. Noteworthy, $5 million of that is secondary investment as some early shareholders, not including the founders or management team, partially cash in. Read More

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