Fundings & Exits
Auto Added by WPeMatico
Car Buying Platform Carwow Raises £12.5M Series B Led by Accel
Carwow, the U.K. site that claims to offer a better way to buy a new car, has stopped off for some further funding. The four year-old startup has raised a £12.5 million Series B led by Accel, who I understand tried but failed to get in on the last round. SmashFly, A Service That Looks To Snag New Hires More Effectively, Raises $22M
Mike Hennessy thinks finding potential recruits is just like marketing — you have to keep them interested and snatch them at the right time. That’s why he started SmashFly, a startup that manages inbound interest from potential recruits and keeps them engaged with a company that’s eventually hoping to convert them to an employee. To do that, SmashFly has raised $22 million in… Read More
Powered by WPeMatico
Investors Feed Datadog A Hefty $94.5 Million Round
Every startup needs a steady diet of funding to keep it strong and growing. Datadog, a monitoring service that helps customers bring together data from across a variety of infrastructure and software is no exception.
Today it announced a massive $94.5 million Series D Round. The company would not discuss valuation.
The round was led by ICONIQ Capital. Existing investors Index Ventures… Read More
Powered by WPeMatico
Tokyo-based Sansan Scores $16.9M To Help Companies Wrangle Business Cards
Tokyo-based Sansan has raised a $16.9 million Series C to help companies store and manage information scanned from business cards. The funding, which brings Sansan’s total funding so far to $35.8 million, was led by DCM Ventures, with participation from Salesforce Ventures (the investment arm of the enterprise software company), and Nissay Capital. Read More
Powered by WPeMatico
Mambu, The SaaS Banking Platform, Picks Up €8 Million Funding
Mambu, the SaaS banking platform, has raised a further €8 million in funding. The round was led by Acton Capital Partners and CommerzVentures, with participation from existing investors. The additional capital will be used to expand its commercial team, invest in the platform and to open new offices in Asia and the Americas. Read More
Powered by WPeMatico
IBM Sells Salary.com Compensation Business To The Original Founding Team
This week at CES, IBM unveiled a some new Watson partnerships that underscore its push into big data, machine learning and artificial intelligence. But at the same time, the company has quietly divested itself of an older asset. Today it was announced that Salary.com — a portal for people to find and compare remuneration data across lots of different industries, as well as look for… Read More
Powered by WPeMatico
Gilt’s Unicorn Tale Comes To An End After Being Acquired For $250M
Hudson’s Bay Company, the owner of department chain stores like Saks Fifth Avenue, said today it was acquiring Gilt Groupe for $250 million. The sale still represents a tough end to the story of Gilt. The startup was one of the original darling flash-sale sites coming out of New York. But that whole market has found itself challenged by slim operating margins, its initial popularity… Read More
Powered by WPeMatico
Cuvva, The U.K. Hourly Car Insurance App, Picks Up Investment
Cuvva, a burgeoning startup based in Scotland, is solving a problem that I didn’t know existed: the need to insure a car for as little as an hour. Google SEC Paperwork Reveals It Paid Over $380 Million For Bebop
At the end of November, Google announced it was buying bebop, a cloud platform startup founded by former VMware CEO and co-founder Diane Greene. Today, the company filed paperwork with the SEC revealing the purchase price: $380,241,352 to be precise. In addition, the paperwork revealed that Greene’s portion of the sale, 7,244,150 shares of bebop stock was exchanged for 200,729 shares… Read More
Powered by WPeMatico
Activision Confirms Major League Gaming Acquisition, No Plans To Shutter Business
Some consolidation in the world of gaming and specifically e-sports. Today Activision Blizzard confirmed that it has acquired Major League Gaming, a specialist in live gaming events as it vies to become the “ESPN of e-sports.” The news follows reports over the weekend that Activision would be buying MLG for $46 million and shuttering the business. In the event, Activision is… Read More
Powered by WPeMatico