Fundings & Exits
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Komprise Raises $6M To Help Companies Rein In Sprawling Data
Storing loads of data is costly, especially if companies can’t figure out the most best ways to manage all that information. Komprise wants to make big data less overwhelming so its clients don’t have to constantly buy more storage. Knyttan Raises £2M To Disrupt Garment Production With 3D Printer-Styled Knitting Machines
Knyttan, the London-based on-demand fashion startup and graduate of Techstars London, has picked up £2 million in seed funding to help it disrupt the garment production industry. London-based Connect Ventures, who are perhaps best known for being an early backer of Citymapper, led the round, with participation from Frederic Court’s new fund Felix Capital, Playfair Capital, and… Read More
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GoFundMe Confirms Its Funding Round, Which Valued It At $500M
GoFundMe confirmed that it has raised venture capital financing in a blog post today, infusing the previously bootstrapped company with cash that will give it room to grow. TechCrunch previously reported that the round valued GoFundMe at around $500 million, though one of our sources said the valuation could have ended up higher than that. Our sources also told us the reason why it attracted… Read More
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Google Confirms Acquisition Of Agawi, A Specialist In Streaming Native Mobile Apps
Native apps have overtaken the web as the main place where smartphone users go for entertainment, information and more. So it should come as no surprise that one of the companies that profits the most from our use of the web is looking for ways to get us to use the it more again. According to The Information, Google last year secretly acquired a startup called Agawi, which had developed… Read More
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Managed By Q Sweeps Up $15M Led By RRE Ventures, Expands To San Francisco
Managed By Q, the startup that handles all the cleaning, maintenance and re-stocking of your office, has today announced the close of a $15 million Series A funding round led by RRE Ventures. Greycroft Partners, Homebrew, Sherpa Ventures, SV Angel and Steadfast Financial also participated in the round, alongside Gary Vaynerchuk, Foursquare co-founder Naveen Selvadurai, Semil Shah, Jessica… Read More
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Kleiner Perkins Creates A New Seed Stage Initiative That Will Give Founders New Software To Grow
Kleiner Perkins has launched a new, small seed stage investment initiative within its latest fund to invest in technology like virtual reality and drones that will offer founders a suite of additional services. As part of this new fund called the Edge fund, Kleiner Perkins has brought on Roneil Rumburg, am engineer, and Ruby Lee, a product hire, to build software that will help those… Read More
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BloomThat Grows Beyond Flower Delivery To Gifts With $5.5M
BloomThat wants to be the “Make someone happy” button. Open its app, choose between a few curated bouquets, and a beautiful flower arrangement is delivered to someone you care about in 90 minutes. Y Combinator fertilized the startup in 2013 before it raised $2.1 million from SV Angel and Ashton Kutcher’s A-Grade to blossom in the SF Bay Area. Now BloomThat has found roots in… Read More
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Tidemark Continues To Sail Along With $25M In New Funding
Tidemark, the cloud financial planning platform announced $25 million in additional funding today along with some new growth numbers.
Existing investors Greylock Partners, Andreessen Horowitz, Redpoint Ventures, Tenaya Capital, and Silicon Valley Bank all participated in the round along with new investor, fellow cloud company Workday.
Today’s investment brings the total raised to $100… Read More
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French IoT Startup Actility Raises $25M From Foxconn, Orange And More
Startup activity in France around Internet of Things continues to heat up. Following yesterday’s news that Samsung had taken an investment in Sigfox, today another IoT startup, Actility, announced that it has raised €22.5 million ($25 million), led by Ginko Ventures, the European investment arm of Foxconn. Others in the round include the carriers Orange (which has disclosed a €3… Read More
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Money Transfer Startup Azimo Raises $20M At A $100M Valuation
Azimo, a mobile money transfer startup out of London that was once feted by Facebook, is jumping into the funding ring with a $20 million raise. CEO and co-founder Michael Kent says the company will use the investment to continue to build out its operations across Europe and deeper into the community of migrants who already form the bedrock of its services. While Azimo — which was… Read More
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