Fundings & Exits
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Enterprise Software Startup Icertis Raises $6M From Greycroft And Fidelity Growth
Enterprise software maker Icertis has scored $6 million in series A funding led by Greycroft Partners and Fidelity Growth Partners India. Based in Pune, India and Bellevue, WA, Icertis will use the capital to expand and market its cloud-based contract management software. Read More
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Ticket Booking Startup Beijing Weiying Raises $105M From Investors Including Tencent
Beijing Weiying Technology, the maker of a movie ticket booking platform that is embedded in WeChat, China’s largest messaging app, has raised a $105 million series B. Investors include WeChat owner Tencent and Wanda Group, one of China’s largest movie theater operators.
Weiying’s app, WePiao, can be accessed through WeChat, as well as QQ, Tencent’s instant messaging… Read More
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uBeam’s Ultrasound Wireless Charging Is Real, And About To Be Really Funded
What if wireless power at a distance actually worked? It does. uBeam invented a way to wirelessly send energy up to 15 feet away with ultrasound. What if you could slap a wireless charging case on your phone and charge it while you move around or use it? uBeam invented that too. While early uBeam prototype were massive, non-portable boxes that merely shot power around, it now has a working… Read More
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Apigee Closes Its First Public Day Worth $16.68 Per Share, Down 1.9% From Its IPO Price
Apigee, a company that helps organizations build and manage API connectors, went public this morning at $17 per share, briefly jumping to $20 per share before closing at $16.68, down 1.88 percent in its first day of regular trading. After-hours, the company is flat.
The company sold 5,115,000 shares in its IPO, raising $87M according to its CEO Chet Kapoor. It trades under the symbol… Read More
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Headout Raises $1.8 Million For Its Travel App That Puts A Concierge In Your Pocket
Headout, a mobile travel application that functions as sort of a mobile concierge, helping you find tours, activities and tickets to local events in select U.S. cities, has closed on $1.8 million in seed funding in order to expand its business to new markets. Currently only live in New York and Los Angeles, the startup says it plans to utilize the funds to reach 12 more cities by year-end.… Read More
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ClassPass Acquires Competitor FitMob
If you were curious about potential consolidation in the fitness space (which I’m sure you were), look no further than this very article. ClassPass, the subscription service for unlimited monthly fitness classes, has acquired direct competitor FitMob for an undisclosed amount. ClassPass, a company that has raised more than $54 million in the past three years, is a subscription service… Read More
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IVP Raises $1.4B For Its 15th Fund
Institutional Venture Partners, better known as IVP, has raised a $1.4 billion 15th fund. The company’s last fund, it’s 14th, was a smaller $1 billion capital pool. I spoke to the firm’s Steve Harrick, a general partner, about the fund size, cadence, and investment strategy. According to Harrick, the fund was raised in a two month period. That matches other notes… Read More
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Cheddar Up Makes It Easier To Collect Money From Groups
Despite the shift away from paying with cash or check in favor of digital transactions in recent years, many smaller organizations, and even schools, still rely on old-school methods when it comes to collecting money from groups. Though it’s a hassle for both the organizer and the payer in the long run, checks are often easier than pointing users to online tools like PayPal or setting… Read More
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Canon Acquires London-Based Family-Photo Sharing Startup Lifecake
London-based startup Lifecake, which offers a photo-sharing app aimed at parents with young children, has been acquired by Canon Europe. Backed By $3.5 Million, SnowShoe Debuts Clever, Plastic “Stamps” That Unlock Content On Mobile Phones
Imagine being able to touch a toy figurine to your phone’s screen in order to see the character transported into your video game, or touching another small piece of plastic to the phone in order to unlock exclusive content, like a new video or iTunes download. A startup called SnowShoe has developed technology that does just this – it has created clever, plastic… Read More
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