Fundings & Exits
Auto Added by WPeMatico
The 10 largest Series B rounds of 2016
Let’s face it, if you’re an investor, you were probably priced out of these insanely large rounds. If you’re a founder, you’re swooning at the mere prospect of making such a statement. But no matter who you are, a lot can be gleaned from analyzing investment trends. Looking at B rounds provides a nice balance between the somewhat predictable success stories of… Read More
Powered by WPeMatico
Next Entertainment wants to make it possible to live stream for a living
A Taiwan-based startup called Next Entertainment has raised $25 million in an outsized Series A round of funding for apps that make it possible to live stream for a living. The company’s founder and CEO, Andy Zhong, is no stranger to tech and new media. He previously started FunPlus, a social gaming company acquired by a Chinese conglomerate, Zhongji, in 2014 for $960 million. In… Read More
Powered by WPeMatico
Codementor raises $1.6 million to become elite marketplace for freelance developers
Codementor (incorporated as Peer Idea Inc.) has raised $1.6 million in seed funding to grow its online education business into a marketplace for elite freelance developers who are among the top-rated mentors on its site. Based in Mountain View with a development office in Taiwan, Codementor is a graduate of Techstars in Seattle. WI Harper led the seed round in Codementor, which had… Read More
Powered by WPeMatico
Micro-investing app Stash raises $25 million Series B
Stash, a mobile application that aims to make investing easier for those who aren’t as financially experienced, has raised $25 million in Series B funding, the company announced today. The round, which follows the startup’s $9.25 million Series A just this August, was led by prior investor Valar Ventures, with participation from Breyer Capital, Goodwater Capital, and Entrée… Read More
Powered by WPeMatico
Splash transitions to B2B event marketing with $7M in new funding
Splash, the event marketing platform based out of New York, has just announced the close of a $7 million Series B funding round led by Ascent Venture Partners, with participation from Spark Capital, Lerer Hippeau Ventures, ScaleUP Ventures, Tumblr founder David Karp, and Vine cofounder Rus Yusupov.
Alongside the investment comes a new business plan for Splash in the enterprise.
Up until now… Read More
Powered by WPeMatico
Jay-Z backed JetSmarter raises $105 million to become Uber for private jets
JetSmarter has raised $105 million in Series C funding, at a $1.5 billion pre-money valuation, to build its marketplace for private jet services, according to Sergey Petrossov, the startup’s founder and CEO.
The massive funding round will be used primarily for global expansion of JetSmarter in Asia and Latin America, Petrossov said, and increasing the number of routes and… Read More
Powered by WPeMatico
Tact grabs $15 million Series B to make CRM easier to use
Customer Relationship Management (CRM) software was born with the best of intentions — to create a record of customer interactions. The problem, salespeople will tell you, is that it becomes a chore. Tact has been designed to add an intelligent layer to CRM — and today it got $15 million to make CRM easier to use. The Series B round was led by Upfront Ventures. Microsoft… Read More
Powered by WPeMatico
Delivery Hero acquires Foodpanda as Rocket Internet shuffles online takeout pack once again
Rocket Internet has shuffled the online takeout pack of cards once again. This time the publicly-listed German ‘startup factory’ and investor is selling foodpanda to its much larger rival Delivery Hero, of which it also holds a significant stake. Sean Rad steps away from CEO role (again) to run Tinder’s new Swipe Ventures
Today, Tinder is launching a new M&A branch of the company called Swipe Ventures, which will be led by Sean Rad. As part of the launch, Rad will step down as Tinder CEO and become chairman of both Tinder and Swipe Ventures, with Match CEO and Chairman Greg Blatt swapping out as Tinder chairman to become Tinder CEO. He will remain chairman and CEO of Tinder parent company Match. Read More
Powered by WPeMatico
Joe Lonsdale pours $4.55M for alcohol IoT startup Nectar
Nationally, bars today lose billions of dollars from improperly managed alcohol inventory. These losses add up quickly as a result of oversized pours, spills and even theft. Nectar, a stealth connected-device startup operating out of a Palo Alto dentist’s office (of all places), just locked down a $4.55 million seed funding round from the likes of Joe Lonsdale (8VC + Palantir), Lior… Read More
Powered by WPeMatico