Fundings & Exits
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FinancialForce Hauls In $110M Investment
FinancialForce, the cloud ERP system (enterprise resource planning) built on top of the Salesforce1 platform, announced a new round of funding tonight, landing $110M in additional investment. This round follows a $50M round just last April. Today’s investment is led by Technology Crossover Ventures with additional money coming from Salesforce Ventures. It brings the total investment… Read More
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850 Sports News Digest Scores $500,000 To Become ‘Summly For Sport’
“Perfect for the morning commute,” is how 850 Sports News Digest pitches its iOS and Android app. Property Partner Raises £5.2M To Let Anybody Invest In The UK ‘Buy-To-Rent’ Real Estate Market
Property Partner is a London-based startup that lets anybody invest in the ‘buy to let’ market (as it’s called here in the UK) starting from as little as £50. Today the company is disclosing new backing to help expand across the UK and beyond: a £5.2 million Series A round led by Index Ventures. Read More
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|LIVE NOW| Meerkat Raises $12M From Greylock At A $40M Valuation
If you’re reading TechCrunch right now (you are, by the way), chances are you have at least heard of Meerkat. You may even be simultaneously hoping that you don’t have to fall prey to the new SXSW sweetheart before the trend of live broadcasting is over. But this is no Yo.
Sources familiar with the matter tell TechCrunch that Meerkat has closed on a $12 million Series B led by… Read More
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Twin Prime Lands $9.5M To Make Your App Just Work
You know when you’re looking at your phone and you see five bars and you think you’re golden. Then you try to do something and the app you’re using is just hanging in spite of the bars. Twin Prime, a company that came out of stealth this week, and announced $9.5M in funding, wants to solve that problem. It’s working with app developers to make sure that you don’t… Read More
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Giphy’s First Acquisition, Nutmeg, Is A Big Step Towards Mobile
Giphy, the betaworks-backed Google of gifs, has today announced its first acquisition.
Nutmeg, an Gif messaging app, will be joining the Giphy squad. The terms of the deal were not disclosed, but Giphy founder Alex Chung says that Nutmeg will remain alive with the entire Nutmeg development team joining Giphy.
Giphy’s focus moving forward is mobile, according to Chung. Read More
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Opera Buys SurfEasy To Add Secure VPN Services To Its Browser Software
Opera, makers of a suite of software for browsing the web on mobile and desktop devices used by some 350 million consumers, has made another acquisition to build out the services it offers to users. It has acquired SurfEasy, makers of a virtual private network (VPN) app that lets users browse the web more securely. This is Opera’s first security-focused acquisition, and it is made in… Read More
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Accel Bets Big On Startup-To-Startup APIs
Uber isn’t just Uber. It’s Google Maps, Checkr background checks, Braintree payments, and Twilio texts. The best way to do business isn’t to build it all in-house. Top companies are increasingly piecing together a composite of APIs from specialized startups. That lets them concentrate on their unique value-add rather than reinventing the wheel. Now, those building blocks… Read More
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More Rain For Cloud Business Intelligence As Birst Raises $65M
Birst, a cloud-based business intelligence (BI) platform, has raised another $65 million in funding — a Series F round that CEO Jay Larson said will be “the last one” before it gears up for an IPO. “We think it will not be this year, we’re not giving specific direction,” he said. “But the combination of the size of the BI market and us, we think… Read More
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LinkedIn Buys Careerify To Build Out Its Big Data Recruitment Business
LinkedIn has made another acquisition to build out its big data recruitment business. It’s acquired Careerify, a startup based out of Toronto, Canada, that focuses on software for businesses to hire people.
Two of Careerify’s products — an employer branding software product (intended to help companies appear more attractive to prospective candidates) and “internal… Read More
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