Fundings & Exits
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Wholesale order app Handshake raises $14M Series B for international growth
Handshake, a maker of wholesale order apps for mobile, will target new overseas markets after raising a $14 million Series B. The round was led by Sozo Ventures and includes returning investors Emergence Capital, SoftTech VC, BOLDstart Ventures, MHS Capital, Point Nine, and Primary Venture Partners. Read More
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Ask.fm founders back dating app Mint
The founders of Ask.fm — the popular social Q&A app that became embroiled in a cyberbullying media storm before being acquired by IAC — have backed new dating app Mint. SpoonRocket shuts down amongst on-demand apocalypse
SpoonRocket informed its investors it’s shutting down its on-demand pre-made meal delivery service after failing to raise the necessary capital to continue operations.
[Update: Co-founder Steven Hsiao confirmed SpoonRocket’s shut down. The company published a goodbye blog post saying it will transition customers to competitor Sprig, which is offering SpoonRocket users a $10… Read More
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Crate raises $4M seed round for its next-gen SQL database
Crate, the winner of our TechCrunch Disrupt Europe startup Battlefield in 2014, today announced that it has raised a $4 million seed round for its open-source SQL database technology. The round was led by London-based Dawn Capital, which was joined by existing investors Sunstone Capital, DFJ Esprit and Speedinvest. In addition to these, Docker creator and CTO Solomon Hykes also participated… Read More
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Alooma scores $11.2 million Series A to solve data science pain points
Alooma, an Israeli startup that helps companies process and work with big data in real time delivered as a cloud service, announced an $11.2 million Series A round today led by Lightspeed Venture Partners and Sequoia Capital. The product focuses on the people working with data like data scientists and end users with advanced degrees in mathematics and machine learning, rather than… Read More
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Contract management software maker Icertis raises $15M Series B
Icertis, which develops cloud-based software that helps large companies manage contracts, has raised a $15 million Series B led by Ignition Partners. Julie Desk, the email-based virtual assistant that helps you schedule meetings, picks up €600K funding
Julie Desk, the French startup that’s developed a ‘virtual assistant’ to automate the email back-and-forth typically associated with scheduling meetings and appointments, has picked up a further €600,000 in funding. Cisco bringing advanced search to Spark platform with Synata acquisition
Cisco announced it has purchased Synata, a search startup that allows users to search across on-premise or cloud repositories simultaneously. Cisco plans to integrate the Synata technology into its Spark communications platform (which should not to be confused with Apache Spark). While Cisco usually reveals purchase prices, because it was under $100 million, it chose to keep this one… Read More
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This startup just got $4 million to get you to eat more bugs
Gross? Well, that gross idea just pulled in a $4 million Series A round from AccellFoods, existing investor Collaborative Fund and a bunch of angels including Nas and Tim Ferriss. The team behind the creepy crawlies as food company previously raised $1.6 million, adding up to $5.6 million in total financing thus far.
It’s the sort of weird approach that is often celebrated in startup land. Read More
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BBVA continues its fintech acquisition run, buys Holvi, an online-only business bank
Spanish banking giant BBVA has made another M&A play as it looks for a bigger role in the next generation of financial services: today the company has announced the acquisition of Holvi, an online-only bank for entrepreneurs and SMBs based out of Finland. (“Holvi” means “vault” in Finnish.) Terms of the deal have not been disclosed but we are trying to find out.… Read More
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