Fundings & Exits
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As more and more companies fall victim to security breaches and substantial (and embarrassing) data leaks, cybersecurity startups seem to be profiting at their expense. Cybersecurity companies helping companies not get caught with their pants down raised over $3.3 billion in 2015. The latest firm to join the cash grab is Fireglass, a stealth company that is looking to announce its first… Read More
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Seebo, the Tel Aviv, Israel-founded startup that offers an Internet of Things (IoT) end-to-end platform to help companies launch smart products faster, has closed $8.5 million in Series A funding. The round, which was led by Carmel Ventures with participation from existing investors, including TPY Capital, brings the total raised by the company to $14 million. Read More
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Cedexis helps large enterprises monitor and optimize how their traffic flows from their servers, CDNs and cloud providers to their customers. The company today announced that it has raised a $22 million Series B round led by Ginko Ventures with participation from Foxconn, Nokia Growth Partners, Citrix Systems Ventures and its Series A investors Madrona Ventures and Advanced Technology Ventures. Read More
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E-commerce shop BaubleBar, known for its “fast fashion” take on women’s jewelry, has closed on $20 million in new funding, the company announced today. The Series C round was led by prior investors, Accel Partners, Greycroft Partners, Burch Creative Capital and Aspect Ventures, but also includes new investors who will bring expertise in international expansions and… Read More
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iROKO, an online entertainment platform that targets audiences in Sub-Saharan African countries, plans to strike more deals in Nigeria’s booming movie industry after securing $19 million in funding from French premium cable company Canal+ and Kinnevik, a returning investor. Read More
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DataXu, a Boston-based startup that provides analytics and other tools for programmatic ads, has picked up another round of funding. Sky, the UK-based pay-TV provider part-owned by 21st Century Fox, has made a $10 million investment in the company. Considering DataXu (pronounced “data zoo”) is reportedly valued at $1 billion-plus, it’s not a massive stake but it is a… Read More
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French startup Aircall just raised a $2.75 million round led by Balderton Capital, with FundersClub and business angels also participating. As a reminder, Aircall was part of our Battlefield competition at Disrupt SF 2015, started at eFounders and attended 500 Startups’ acceleration program. It plans to reinvent how phone customer support works. Read More
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FiveStars, a five year-old startup that has built a platform and app to run loyalty programs and shopping analytics for small brick-and-mortar retailers, has received a reward of its own: the company has raised a round of $50 million, funding that it plans to use to continue its focus on “mom and pop shops” and building its brand and business across the U.S., CEO and… Read More
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The jewelry industry is notorious for its insane markups on products and confusing array of terminology related to the metals used or gemstone grades – as with the “four C’s” of diamonds, for example. Now, a new startup – that’s managed to snag the old domain name Ice.com – is trying to change that. With its online jewelry marketplace, the company… Read More
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Numerous startups over the years have tried to tackle the problem of helping people track down the photos others have taken, but hadn’t yet shared with you. Today, the outsize winner in the space is Facebook, whose Moments application has taken over the social network’s photo syncing function, while leveraging Facebook’s massive scale to allow for easier private… Read More
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