Fundings & Exits
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Mobile shopping startup PredictSpring raises $11.4M
PredictSpring, a startup that helps brands and retailers build mobile apps, announced today that it has raised $11.4 million in Series A funding. Founder and CEO Nitin Mangtani has said that one of his goals is to help businesses create truly native mobile experiences that make it easy for consumers to shop. Customers include Calvin Klein, Cole Haan and Nine West, and the company says… Read More
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Lease marketplace Flip raises $1.2M
Flip, a startup that helps tenants find someone to take over their lease, is announcing that it has raised $1.2 million in seed funding. The New York City-based company has created a marketplace where lease holders can post apartments that they need to rent out, and where pre-screened applicants can look at housing before it hits the rental market. (Depending on how badly they need to get out… Read More
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Boon + Gable closes on $2.5 million for its in-home stylist and shopping service
Online clothes shopping can be a gamble – you never really know if items will fit until you try them on. Meanwhile, shopping at local retailers can be time-consuming. A startup called Boon + Gable aims to solve both those problems with a service that offers a personal stylist who comes to your home with a curated selection of clothes for you to try, then buy on the spot if you like them. Read More
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Bee Partners closes $30 million fund to seed very early-stage startups
Bee Partners in San Francisco has raised a $30 million fund, its second, to lead investments in very early stage startups based in the U.S. Founded in 2009, the firm is best-known as the first investor in TubeMogul, now a publicly traded adtech company. Bee was also an early backer of the crowdfunding platform Indiegogo, drone tech startup Skycatch, the second-hand fashion marketplace Tradesy… Read More
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iZotope, Photoshop for sound, closes another $7.5M in financing
What does the trailer to Inception, a re-mastered Rolling Stones record and the podcast Serial all have in common?
They’re all awesome. Their creators also all used iZotope products in the background to make them shine.
iZotope, started by a group of MIT undergrads in 2001, hustled their way onto the competitive music scene by first releasing a free plug-in of a record simulator. Read More
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Invesdor raises another $1.4m to expand equity crowdfunding in Europe
Equity crowdfunding continues to be a hot topic around the world, with a number of players new and old re-doubling their efforts to capture the wallets of investors everywhere. The most recent example is Invesdor, a platform focusing on Scandinavia, who used its own platform to raise its fourth round of funding. This time, the company raised €1.2m ($1.36) to expand growth, especially in the UK. Read More
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Sevenhugs bets on smartphone-free connected home future with $14.6M Series A
French startup Sevenhugs closed a $14.6 million Series A today led by Xerys on a quest to better integrate smart home technology. Sevenhugs has already developed a sleep tracker and is nearing completion on development of a universal smart-remote. Sevenhugs joins Misfit, Hello, and others with its hugOne sleep-tracker. When it launches, the remote will let users simply point to control… Read More
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Twilio prices its IPO at $15 per share, above its previous target
Twilio today said it would price its initial public offering at $15 per share, which would value the company at around $1.23 billion. That would value Twilio above its previous $1 billion valuation from its last financing round. With the pricing, the company expects to raise around $150 million, with an option for another 1.5 million shares to be purchased. It’s also a higher price than… Read More
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Tesla gets more than solar panels with offer to acquire SolarCity
News of an offer from Tesla to acquire SolarCity came mostly unexpected to traders earlier this afternoon. In a rapid “knee-jerk” reaction, traders bid up SolarCity by 13 percent and sent Tesla tumbling down 12 percent. It is typical for the stock of an acquisition target to spike while the acquirer’s stock falls according to Michael Morosi of Avondale Partners. SolarCity… Read More
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Elon Musk’s Tesla offers to acquire Elon Musk’s SolarCity for $2.8B
The great Elon Musk empire is uniting. Today his electric car and battery company Tesla announced its offer to acquire his solar panel installation company SolarCity. Together the companies could allow you to outfit your home with solar panels that power a giant battery for everything inside, as well as your electric car. The deal still has to be approved by SolarCity and its board. If it… Read More
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