Fundings & Exits
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LucidCam Hits Its $100K Campaign Goal, Team Partners With Sephora On VR Content
When we first met the team building the LucidCam, they aimed to raise $100,000 on Indiegogo. They found their 264 backers to get them there. Their goal is to bring the ability to shoot immersive virtual reality content with a camera that fits in your pocket. And at a reasonable price ($299). I caught up with Lucid’s CEO, Han Jin, to see what’s next. TC: You hit your goal. Any… Read More
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Perk.com Buys Corona Labs For $2.3 Million, Will Combine Cross-Platform App Development With A Rewards Platform
Mobile rewards platform maker Perk.com, which makes apps that reward you for watching TV, unlocking your phone, online shopping, surfing the web and more, announced this morning its plans to acquire the mobile app development platform Corona Labs for a total of $2.3 million. This is the second time Corona Labs has been acquired – in 2014, Fuse Powered bought the Palo Alto-based… Read More
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Fitness Wearable And Coaching Startup GOQii Lands $13.4M Series A From NEA And Cheetah Mobile
Wearable fitness trackers are becoming increasingly popular, but a lot of them are quickly abandoned after the novelty of tracking exercise and sleep wears off. GOQii, however, believes it has landed on the winning formula for long-term success. The Menlo Park, California and Mumbai-based company just raised a $13.4 million Series A, which it will use to expand in the U.S. and China. Read More
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Apple Has Acquired Faceshift, Maker Of Motion Capture Tech Used In Star Wars
As the market for virtual reality technology continues to grow, Apple has made an interesting acquisition that could further its role in the space. TechCrunch has confirmed that Apple has snapped up Faceshift, a startup based in Zurich that has developed technology to create animated avatars and other figures that capture a person’s facial expressions in real time.
There were… Read More
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Slack Preps For IPO, Even If It Doesn’t Want Or Need One Soon
When Slack’s IPO window opens, it wants to be able to quickly spring into the public markets. Otherwise it could see sour conditions or botched IPOs by other tech companies shut the window before it rings the opening bell. That’s why Slack CEO Stewart Butterfield says its already getting its ducks in a row so its poised to IPO when the time comes. Today, Butterfield The Australian… Read More
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Deliveroo Raises $100M Series D Led By DST And Greenoaks, Expands To Middle East And Asia
It was only in July that Deliveroo raised $70 million in Series C funding, but today the London-headquartered company has announced that it’s been dining at the VC table again. Flash Sales Site SportPursuit Scores £9.5M Series C
SportPursuit, the flash sales site for ‘premium’ outdoor and sports gear, has raised £9.5 million in Series C funding. Investors this time around are Scottish Equity Partners (SEP), Grafton Capital, and existing backer Draper Esprit, bringing total funding for the London-based company to just shy of £16 million since launching in 2012. Read More
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Marijuana Startup Incubator “Gateway” Fires Up
“People should be focused on the business, not hanging out and getting high” insists Carter Laren, co-founder of marijuana startup funder and incubator Gateway, which launches today in Oakland, CA. But even if you’re stoned, you should be able to see the opportunity here. Marijuana prohibition is coming to an end, and massive businesses will grow in its place. Gateway wants… Read More
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Recruitment Soonicorn Greenhouse’s First Acquisition Is Parklet
Hiring is only half the battle. You still have turn that new team member into a productive cog in your master plan. But Greenhouse didn’t help with that. The $60 million-funded recruitment software startup only assists with sourcing candidates, running interviews, and deciding who gets the job. At that point, clients were on their own. That’s why earlier this year it partnered… Read More
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PlanGrid Lands $40 Million Investment To Expand Product
PlanGrid, the company that digitized the construction industry, announced today that it has landed a $40 million investment. Tenaya Capital led the round. Additional investors include Sequoia, Founders Fund, YC Continuity and Northgate. Today’s investment brings the total to over $58 million. PlanGrid CEO Tracy Young says they took the money, even though most of the Series A remains in… Read More
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