Fundings & Exits

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Mitel buys Polycom for $1.96B in enterprise communications consolidation play

earth, connected, flight patterns As more enterprises move their communications services over to IP networks and cloud-based services, we’re seeing an increasing amount of consolidation as the businesses that serve them continue to grow to provide end-to-end services — and to shore up against smaller, newer and less expensive offerings from the likes of Slack, Skype, Google Hangouts and more. Today comes that… Read More

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HomeToGo, the metasearch engine for holiday rentals, raises $20M

Hometogo HomeToGo, the Berlin-headquartered metasearch engine for holiday rentals, has closed $20 million in Series B funding. Noteworthy for a European startup, the round is being led by New York-based VC Insight Venture Partners, along with participation from the company’s previous backers DN Capital, and Acton Capital Partners. I’m told the new capital will be used by HomeToGo for… Read More

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Amazon eyed up Everlane, Le Tote and more for acquisition in a wider fashion push

Screen Shot 2016-04-14 at 17.44.32 Amazon has been focusing attention on areas like media streaming, its faster delivery and pickup services, hardware and enterprise via AWS. But it’s also making an effort to reboot one of the more legacy parts of its business: fashion. TechCrunch has learned from multiple sources that the e-commerce giant has eyed up several startups in the fashion sphere as potential acquisitions… Read More

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Logitech snaps up wireless headset maker JayBird for $50M

Jaybird-Logo-DarkBG Consumer gadgets standby Logitech has acquired JayBird, a maker of fitness-focused wireless headphones and trackers, for $50 million in cash, the companies announced today. “The Jaybird team will have all the scope to innovate they had before,” said Rory Dooly in a post on the Logitech blog. “They’ll continue to feed the Jaybird brand and design products like the latest… Read More

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Cloud-based video production platform 90 Seconds lands $7.5M Series A led by Sequoia India

90 Seconds Despite the increasing ubiquity of online videos, making a professional-looking one is still a complicated process that usually involves chains of emails and uploads. 90 Seconds wants to fix that problem with its cloud-based platform, which lets users handle almost every part of the video production process in one place. Today, the startup announced it has raised a $7.5 million Series A led… Read More

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Lady Gaga’s startup Backplane burns out and sells assets

plane-flames “Why do you need money from me when you have every great investor on earth?” That’s the question that caused Backplane to buckle under the weight of its own early buzz. Lady Gaga’s social network builder startup has run out of money, gone out of business and sold its assets to a group of previous and new investors who will try to restart it. That’s according to… Read More

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