Fundings & Exits
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Japan’s ChatWork Lands $12.5M To Grow Its Business Messaging App In The U.S.
ChatWork, a Japanese company that provides a business messaging service aimed at eliminating email and helping teams to work more efficiently, has raised $12.5 million in fresh funding to grow its presence in the U.S. and other markets. Microsoft To Launch “Minecraft Education Edition” For Classrooms This Summer, Following Acquisition Of Learning Game
Microsoft is further expanding on its investment in Minecraft, bought in 2014 for $2.5 billion, by acquiring a learning game called MinecraftEdu for an undisclosed sum. The game, produced by a company called Teacher Gaming LLC, allows teachers to use Minecraft in the classroom, and includes a library of lessons and activities used to teach subjects including STEM, history, language, and art. Read More
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Storm Ventures Launches $10M Fund For Indian SaaS Startups
Earlier this week, Indian Prime Minister Narendra Modi introduced a set of initiatives, called Startup India, designed to help the country’s fledgling tech companies and their investors. One of the first Silicon Valley venture capital firms to take advantage of Startup India is Storm Ventures, which just launched a new fund for SaaS startups in India. Read More
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Indus OS Raises $5M To Make Android Work For First-Time Smartphone Users In India
If you want proof that Android is the operating system of emerging markets, look no further than Indus OS. The company, formerly known as Firstouch, is tweaking the Google-run operating system to the unique demands and cultures of India. And it’s raised $5 million in fresh funding to push on with its lofty target of reach one billion emerging market users. Read More
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Neura, A Privacy-Focused Platform For The Internet Of Things, Raises $11M Series A
Neura, a platform that helps users personalize connected devices while guarding their data, will promote its new software development kit after raising a $11 million Series A. The round was led by AXA Strategic Partners and Pitango Venture Capital, with participation from Liberty Israel Venture Fund and Lenovo Group. Read More
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Axway Acquires Mobile App Development Platform Appcelerator
Appcelerator has been acquired. The mobile app development platform that counts the likes of T-Mobile, PayPal and GameStop among its customers has been bought by the B2B enterprise company Axway in an all-cash deal.
Chances are, Axway isn’t a company you’re necessarily familiar with, but it’s a large publicly traded company with headquarters in Scottsdale, Arizona… Read More
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Beacon Technology Company Estimote Raises $10.7 Million Series A
Estimote, a beacon company whose small, wireless sensors and accompanying software provide indoor location technology to some of the largest retailers as well as 65 percent of the Fortune 100, has now closed on $10.7 million in Series A funding. The round will help the business scale to meet the needs of its current customer base, around half of which is retail, as well as fund R&D… Read More
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BT Buys Its Way Back To Being A Major UK Carrier As $19BN EE Merger Gets Cleared
A major piece of consolidation in the UK comms network landscape has today been green lit by the Competition and Markets Authority, with the body approving the £12.5 billion ($19BN) acquisition of mobile carrier EE by incumbent telco and broadband provider BT after a 10-month investigation. BT and EE confirmed they had reached an agreement on an acquisition last February. For BT, best… Read More
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Looker Analytics Platform Scores $48 Million Led By Kleiner Perkins
Looker is trying to simplify the way companies use analytics and today it announced $48 million in Series C funding to continue the mission. The round was led by Kleiner Perkins Caufield & Byers (KPCB). Previous investors Redpoint Ventures, Meritech and Sapphire Ventures also participated. This round doubles their total raised to date to $96 million. This funding round comes less than… Read More
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Babylon, The U.K. Digital Doctor App, Scores $25M To Develop AI-Driven Health Advice
Hot on the heels of PushDoctor’s $8.2 million Series A, another U.K. startup playing in the digital health app space has picked up funding. Babylon Health, which like PushDoctor, lets you have video consultations with a doctor (and a lot more), has raised a $25 million Series A round led by Investment AB Kinnevik, the Swedish listed entrepreneurial investment. Read More
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