Fundings & Exits
Auto Added by WPeMatico
Singapore-based Cloud Communication Startup Wavecell Scores $1.6M Series A
Wavecell, a Singaporean startup that creates APIs for communication tools, has raised a $1.6 million Series A. The round was led by Qualgro Asean Fund with participation from Wavemaker Pacific, and will be used to grow Wavecell’s market presence in Southeast Asia. Casual Trading App Bux Pulls In Another $6.9M In Funding
More VC being thrown at casual trading app Bux. The app, which turns stocks and derivatives trading (via CFDs) into a game-like and social experience, thus potentially broadening the market to include a greater number of people who have never traded before, has pulled in a further $6.9 million in funding. Read More
Powered by WPeMatico
Amazon Acquires Emvantage To Build Its Online Payment Platform In India
Amazon will acquire startup Emvantage for an undisclosed amount to develop its Indian e-commerce site’s payment platform. In a press announcement, Amazon said the Noida-based company’s employees will start working for Amazon’s payment team after the transaction is completed. Read More
Powered by WPeMatico
Yello Mobile Raises $30M More At A $4B Valuation From Japan’s SBI Holdings
Yello Mobile — the Seoul, Korea-based mobile apps business that has grown by raising nearly $150 million and acquiring over 80 other app startups — has picked another $30 million in funding. This latest cash injection comes from SBI Holdings, a digital financial services group based out of Japan that announced a strategic partnership with Yello at the end of last year. When… Read More
Powered by WPeMatico
Zoomdata Snares $25 Million Series C Led By Goldman Sachs
Zoomdata, a company that’s trying to transform business intelligence by connecting to both modern and traditional data sources at scale, announced a $25 million Series C round today. The investment was led by Goldman Sachs’ Principal Strategic Investments Group. New investor Comcast Ventures also participated along with prior investors Accel, Columbus Nova Technology Partners… Read More
Powered by WPeMatico
Movebubble, The App That Aims To Make Renting In London Suck Less, Scores $1.6M Investment
Movebubble, the startup that wants to make renting in London suck a little less, has picked up $1.6 million in further funding, bringing total investment to just over $3.4 million. Investors include Adam Williams (former Spotify MD), Richard Leigh (co-founder and MD of London and Capital), and Robert Stiff. Read More
Powered by WPeMatico
Family App Life360 Acquires Couple, A Private Messaging App For Two
Life360, the mobile application designed for families, announced today that it has acquired the private messaging application and Y Combinator grad Couple (formerly known as Pair), based in Mountain View. Not a pure talent acquisition, Life360 sees Couple as being a potential initial entry point into its larger platform, which now counts over 55 million families using its location tracker… Read More
Powered by WPeMatico
YouTube Acquires BandPage For $8M To Attract Musicians With Money-Making Tools
YouTube wants to win the love of musicians by solving their biggest problem: how to turn popularity into cash. So today it announced it’s acquired BandPage, a startup that helps artists show off and sell concert tickets, merchandise, and exclusive fan experiences. [Update: According to a source familiar with what BandPage shareholders were sent about the terms of the deal, the… Read More
Powered by WPeMatico
Fitness App Runkeeper To Be Acquired By Running Shoe Maker ASICS
Runkeeper is set to become the latest fitness startup to be acquired by a workout gear company. Jason Jacobs, the startup’s co-founder and chief executive officer, announced today that his company has entered into a definitive agreement to be purchased by ASICS Corporation. Read More
Powered by WPeMatico
Doomed-i-corns: Unicorns Seemingly Reach a Tipping Point
This morning, the law firm Fenwick & West published new findings about all the U.S.-based unicorn financings that took place during the last nine months of 2015. It’s rife with interesting nuggets, but perhaps most fascinating is that in the fourth quarter of last year, half of the 12 rounds it tracked featured valuations in the $1 billion to $1.1 billion range — and with… Read More
Powered by WPeMatico