Fundings & Exits
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European Daily Deals Aggregator Bownty Closes €3.4M Series A
Danish startup Bownty, which claims to be Europe’s leading aggregator for deals on ‘local experiences’, has raised €3.4 million in Series A funding — money it plans to use to bed down in the existing markets it operates in. Hyperlocal Logistics Startup Opinio Lands $7M Series A To Launch In New Indian Cities
Opinio is the latest hyperlocal delivery startup in India to score funding. The company announced today that it has raised a $7 million Series A from Delhivery, a logistics firm, Sands Capital, and Accel Partners. Singaporean On-Demand Grocery Startup Honestbee Gets $15M To Expand To Six New Asian Countries
Honestbee just raised $15 million for its on-demand grocery delivery service, but it has loftier aspirations. Head of marketing Shane Chiang says the Singapore-based company launched as a “social impact business” to give employment to people who can’t hold a regular job, such as stay-at-home parents, caregivers, and students. Honestbee’s part-time shoppers collect… Read More
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Howdy Raises $1.5 Million From Top VCs To Develop Apps For Slack
Despite a checkered history with online platforms, developers are always looking for the next big distribution model and a small but growing number is betting Slack, the popular group-messaging platform, is the way to go. One such startup, Austin-based Howdy, may be the first to nab venture funding based largely on that vision. Specifically, the company, which has developed a customizable chat… Read More
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Phenom People, A Customizable Job Application Service, Raises $6M
It can seem at times that job application sites for companies are a black hole and impossible to navigate. That’s why Phenom People, a service that customizes company job search pages for individuals, wants to try to fix that experience. The company, which said it raised $6 million in venture financing, basically keeps tabs on who is visiting a company’s application page —… Read More
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Red Hat Is Buying IT Automation Startup Ansible, For $150M
Open source giant Red Hat is making another acquisition to build out its enterprise IT portfolio: today the company announced that it would buy Ansible, an IT automation solutions specialist that helps companies build and manage hybrid IT deployments across the cloud and on-premise solutions. The acquisition had been rumored to be in the works for a price of over $100 million but a source… Read More
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VMware To Purchase Boxer Email App And Fold It Into AirWatch
VMware didn’t let this week’s news that it was included in the $67 billion merger with Dell prevent it from breaking some news of its own, announcing plans to purchase email management app Boxer for an undisclosed amount at VMworld Europe. Even though EMC owns 80 percent of VMware, it has always operated as an independent entity, publicly traded under a separate stock. It… Read More
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Dell Buys EMC For $67B In Largest Deal In Tech History
In the largest tech deal in history by far*, Dell and partners MSD Partners and Silver Lake agreed to buy EMC today for $67 billion or $33.15 a share.
This is way over the $27 price being rumored last week, and makes the deal far larger than the $37 billion that Avago paid for Broadcom just last May.
What makes this deal even more interesting is that Dell, with a valuation of around $25… Read More
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Symphony Secures $100M From Google And Other Investors
Symphony, the secure cloud-based communications platform, announced today that it has received a $100 million round from a list of investors that includes Google, Inc. Google’s part in the investment was first reported last week by the Wall Street Journal, but the search giant was also joined by Lakestar, Natixis, Societe Generale, UBS and existing investor Merus Capital.… Read More
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NEA Backs On-Demand Beauty Business Glamsquad In $15 Million Series B
New York-based Glamsquad, a startup in the “Uber for X” category of on-demand businesses, has just raised another $15 million for its mobile beauty service that brings hair stylists, makeup artists or nail techs to wherever you are – home, office or hotel – instead of requiring a trip to the salon. The Series B funding was led by New Enterprise Associates, and… Read More
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