Fundings & Exits
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Philo Raises $10 Million From NEA, HBO & Others For Its On-Campus Internet TV Service
The way people watch TV in a multi-device world is changing, which has led a number of consumers – especially among the younger demographic – to cut the cord with traditional pay TV, or just never sign up in the first place. Philo is a startup that’s helping cable and satellite TV providers re-engage this audience at the university level with a live TV service offering… Read More
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Sense Sleep Tracker Maker Hello Valued Between $250M And $300M In Latest Funding Round
Hello, the creator of the Sense sleep tracker, is valued between $250 million and $300 million as part of its latest funding round, sources tell TechCrunch. The company has raised $40 million in a round led by Temasek, according to a report by the Financial Times. Albuquerque-Based Lavu Raises $15M For Its Restaurant POS Software
Lavu, an Albuquerque-based startup that provides iPad-centric point of sale systems for restaurants, has raised $15 million in new funding led by Aldrich Capital Partners. Previously bootstrapped, Lavu has been profitable since its second month in operation, according to founder Andy Lim. Read More
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Oculus Shows Flagship Games Like Space Shooter EVE Valkyrie, Will Invest $10M Into Indie Titles
Oculus today announced its Rift headset will ship with an Xbox One controller. To make sure you’ll have something to play with it, Oculus worked with EVE Online developer CCP Games to make EVE Valkyrie, a spaceship shooter, Gunfire Games to make atmospheric RPG Chronos, and Insomniac Games to make snow world exploration title Edge Of Nowhere. Oculus says it’s working with a wide… Read More
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8tracks Closes $2.5 Million Debt Line, Signs More Direct Licensing Deals With Music Labels
Music streaming service 8tracks has been profitable since 2012, but wants to move faster. For its new round of funding, the company chose to secure a $2.5 million debt financing from Silicon Valley Bank. As a reminder, 8tracks is a library of modern mixtapes, as anyone can create and listen to user-generated playlists based on genres and moods. The company recently moved into direct… Read More
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HomeSuite Raises $2.3M To Provide Corporate Housing A Quarter At A Time
HomeSuite CEO David Adams wants to give people forced to move an easy way to stay somewhere nice for the duration of their visit or acclimation to a new city. His startup focuses on finding furnished and corporate housing for users, who typically sign up for leases of four to five months. Read More
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Menlo Ventures Brings On Matt Murphy
Matt Murphy, who left his role as a general partner at Kleiner Perkins Caufield & Byers earlier this year, is joining Menlo Ventures as a managing director. Murphy will be focusing on enterprise infrastructure and mobile first apps that apply to either consumer or the enterprise. In terms of the “mobile first apps” part, he pointed to applications like Slack and DocuSign as… Read More
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Personali, A Service That Works To Optimize Discounts Online, Raises $12M
Personali, an online service that retailers can use to adjust prices and discounts in real time, said it has raised $12 million in a round led by Norwest Venture Partners. Retailers can integrate Personali code into their online commerce presence. When a customer visits a page, the retailer will check with the rules that Personali has created for a specific product, which is based on things… Read More
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Whitepages Acquires NumberCop To Improve Its Scam-Detecting Caller ID App
Whitepages will today announce the acquisition of San Francisco-based NumberCop, in order to bolster its own abilities in detecting spam and scam calls within its Caller ID smartphone application. Prior to joining Whitepages, NumberCop was tracking over half a million actively spamming phone numbers involved with scams and text-based phishing. Its technology, starting now, will be… Read More
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European Mobile Payment Startup SumUp Discloses A Total $45M In Funding
In the rush of companies crowding into the mobile payment space, a startup out of Europe has announced more funding to grow its footprint and add contactless hardware. SumUp, a startup originally founded in 2012 in Berlin that competes against the likes of iZettle and Rocket Internet’s Payleven, has raised an undisclosed amount led by Swiss backer Venture Incubator. The exact figure is… Read More
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