Fundings & Exits
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OpenDataSoft raises $5.4M to turn data into APIs
French startup OpenDataSoft just raised a $5.4 million Series A round (€5 million) to make it easier to manipulate huge sets of data. Aster Capital and Salesforce Ventures invested in today’s round, with existing investor Aurinvest also participating and Ader Finance helping with the deal. Interestingly, this is one of the first investments in a French startup from Salesforce… Read More
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Early stage VC holds up (even as late stage plunges)
Venture capital investment has slowed in the third quarter, but estimates reliant on data available at quarters’ end overstate the extent of early stage declines. According to projected funding totals from Crunchbase, early stage investment in U.S. startups held up at historically high levels in the third quarter. Seed, venture capital and strategic investors are on pace to invest… Read More
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Honeycomb, a TV and video ad management startup from Adstream founders, scores £3M Series A
Honeycomb, a TV and video ad management platform founded by James Carpenter and Richard Carter, who both previously founded Adstream, has raised £3 million in Series A funding. It follows a £1 million “friends and family” round in May this year. Weengs, a shipping service for online sellers, picks up backing from LocalGlobe, Cherry, and Seedcamp
Weengs, a U.K. startup that has developed a shipping service for small retailers and online sellers that takes care of the hand and leg work (quite literally) required to send out orders, has picked up £2.2 million in backing. It plans to use the capital to expand beyond London, including other cities in Europe. Read More
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Time Out acquires events discovery and booking platform YPlan for as little as £1.6M
YPlan, the events discover and booking platform, has been acquired by publicly-listed media company Time Out Group for an initial price of £1.6 million — significantly less than the approximately £31 million that the London startup had raised. The acquisition is an all-stock deal too. Read More
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Furlenco’s $30 million raise shows furniture rental is working for Indian millennials
The idea of ownership in the American economy has changed so much in recent years that it’s easy to forget the once high level of importance placed on it. If we think back, most of us can remember at-least one conversation with our parents about Uber or Airbnb that resulted in a lecture about the dangers of using other people’s things. Ajith Mohan Karimpana, the founder and CEO… Read More
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Notion raises $9.5M for a smarter email app, now live on mobile and soon, Alexa
A startup aiming to offer a better email experience by prioritizing the messages that are most important to you, Notion, is today publicly launching its service, which is available as a mobile app for iPhone and Android, and soon, a voice-activated skill for Alexa. The company is also today announcing $9.5 million in Series A funding. The round was co-led by Drive Capital and Accel, and… Read More
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Yahoo’s business tale comes to a totally anticlimactic end
Yahoo made slightly more money than Wall Street expected — and no one cares at this point. The company reported its third-quarter earnings, basically falling a hair above what everyone was looking for on its earnings and in line with revenue. But at this point the company is in the process of getting acquired by Verizon. As such, stock prices and whatnot like that don’t… Read More
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Joy raises $2.5M for its interactive photo frame
Joy, hardware startup and resident positive emotion, today announced the launch of its first product, the Joy Album — an interactive photo frame designed from the ground up. Joy has raised $2.5 million in seed funding from investors including Obvious Ventures, The Chernin Group, BoxGroup, and Maywic Select Investments. At first glance, the tablet-like device seems to have a lot… Read More
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SafetyCulture, the maker of a b2b inspection checklist app called iAuditor, has pulled in a $23 million Series B funding led by Index Ventures. Also participating Blackbird Ventures and Atlassian co-founder Scott Farquhar, who led its Series A round in 2014.