Fundings & Exits
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Splunk Buys Security Startup Caspida For $190M
Splunk announced this evening it had purchase Caspida, a Palo Alto startup that uses machine learning techniques to help identify threats from inside and outside the company, for $190 million, The deal has already closed, the company reported.
Splunk helps companies deal with the onslaught of machine data coming from IT systems using data science techniques and automation to make sense of it. Read More
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PandaDoc Announces $5M Investment For Sales Content Creation Tool
Busy sales people want to spend their time interacting with customers, not taking care of administrative work. That’s where PandaDoc comes in, a startup that helps automate creation of quotes, proposals and contracts. Today it announced a $5 million investment led by Altos Ventures with additional participation from TMT Investments and other unnamed investors. The announcement… Read More
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China’s Wozlla Lands $2M For Its HTML5 Game Development Platform
Native apps may be the current vision what mobile games and apps should look like, but a number of companies are pioneering HTML5-based web apps as a more rounded alternative. One such company, China-based game development firm Wozlla, has landed a $2 million investment from PE firm Greenwood Asset Management to open its development technology to third-party developers worldwide. Read More
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Hooks, The App That Lets You Get A Notification For Almost Anything, Lands On Android And Apple Watch
Hooks, the app that sends you push notifications triggered by things that are important to you, has a new version for Android, as well the now almost obligatory Apple Watch app. Previously, the latest version of Hooks was iOS only. EMC Sells Cloud Sync And Share Product Syncplicity To Private Equity Firm
When EMC bought cloud sync and share company, Syncplicity in 2012, it seemed the company was trying to change the way it does business, but three years later it’s selling out to private equity firm, Skyview Capital, perhaps ready to concede that a freemium cloud model doesn’t fit the company culture. It’s worth noting that EMC will maintain a stake in Syncplicity, but the… Read More
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Whipclip Raises Over $40 Million For Its TV Show And Music Video Clipping App
Whipclip, the makers of a mobile application that lets you quickly – and legally – share clips from favorite TV shows and music videos, has closed on $40 million-plus in Series C financing, the company is announcing today. The oversubscribed round was led by asset management firm, Eminence Capital, and included participation from existing investors, Institutional Venture Partners… Read More
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Sources: YC Alums Club Together For Crystal Towers, A $100M VC Fund For Promising YC Startups
Y Combinator has helped over 800 startups come to market that are today worth a collective $30 billion (and possibly even more very soon). Now it looks like a new VC is emerging out of it that will be dedicated to help the most promising of these grow. TechCrunch has learned of a new VC fund called Crystal Towers. Backed by several YC founders, it will start out with between $90 million… Read More
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India’s BankBazaar Raises $60M Series C Led By Amazon
BankBazaar, a startup that lets Indian consumers compare financial products online, has scored a $60 million Series C led by Amazon, with participation from Fidelity Growth Partners, Mousse Partners, and returning investors Sequoia Capital and Walden International. Rakuten Acquires Tokyo-Based Travel Startup Voyagin
Rakuten not only runs Japan’s largest e-commerce site, but also one of its leading online travel agencies, booking over 3.8 million hotel nights each month. Now the company is expanding its horizons beyond hotels and flights with the acquisition of Voyagin, a Tokyo-based tour planning startup. Read More
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Splacer, With $1.4M In New Funding, Is Airbnb For Event Spaces
Splacer, the Tel Aviv-based marketplace for listing and renting out creative event space, today announced that it has raised $1.4 million in seed funding led by Carmel Ventures. A number of angel investors, including Shlomo Kramer, Sam Ben Avraham, and Eyal Shaked, also participated in the round,
Alongside the funding announcement, Splacer is also going live with a beta product in New York… Read More
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