Fundings & Exits
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WeTransfer, Funky Dutch Cousin Of Dropbox And Box, Gets $25M To Go Large In The U.S.
WeTransfer, the Dutch cloud-based web and mobile service that lets users send files to each other that are too large to send as email attachments, has raised $25 million, the first and only round of funding raised by the Amsterdam-based startup since opening for business in 2009. As a bootstrapped company, WeTransfer has picked up 25 million monthly active users that send 70 million… Read More
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Startups, Late-Stage Valuations, And Bull
Bill Gurley, a general partner at Benchmark, makes news mostly because he says what other venture capitalists will tell you while drunk, but does so while on the record. It’s refreshing in a way. Most recently, Gurley made the point that the tech and investment industries are shoving nine and ten-figure sums of cash into startups while not enjoying a full dig into their financials. In… Read More
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InterviewJet Raises $750K To Provide Curated Introductions To Top Tech Talent
Given the current job market in Silicon Valley, one of the biggest challenges faced by startups and established companies alike is the difficulty in finding and recruiting the best engineers. App Monetization Player, Metaps, Grabs $36M To Push Deeper Into Big Data
Japanese company Metaps has pulled in a $36 million Series C round of financing from existing and new investors in Japan. While its initial focus was on app monetization, the company now touts itself as a big data and machine-learning play. Wedding App WedPics Raises $6.5 Million From “Shark Tank’s” Barbara Corcoran And Others
“Shark Tank’s” Barbara Corcoran and other investors have backed a popular mobile photo-sharing application called WedPics, designed for use by wedding couples and their guests. The additional funding brings the Raleigh, N.C.-area startup’s total Series B round to $6.5 million, a combination of equity and debt. Read More
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Perion Buys France’s MakeMeReach For Up To $13M To Expand In Social Ads And Europe
Just days after Marin Software acquired France’s SocialMoov to build out is social media advertising reach comes one more social-ad-tech acquisition in the country. Perion Network has acquired MakeMeReach, a startup that lets mobile app developers extend ad campaigns to social media platforms. Terms of the deal were not disclosed but a well-placed source close to Perion tells me was… Read More
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ScreenPop, Backed By $3.2 Million, Lets You Message Friends From Your Phone’s Lockscreen
Locket, the makers of a mobile application that brings personalized news and other stories to your Android phone’s lockscreen is out today with a new lockscreen-based messaging application called ScreenPop. The new app, which grew to 15,000 users during two months of beta testing, is designed to allow anyone to send photos, doodles, emoji and more after just a quick swipe on their… Read More
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Israeli Intelligence Vets Snag $18M Investment For New Approach To Cybersecurity
Today, a couple of former elite Israeli intelligence veterans launched Team8, a unique approach to attacking cybersecurity that combines think tank, venture capitalist and startup foundry into one company. They also announced an $18M Series A investment from Alcatel-Lucent, Cisco Investments, Marker LLC, Bessemer Venture Partners (BVP) and Innovation Endeavors (whose team includes… Read More
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Bottlenose Scores $13.4M To Help Enterprises Spot Emerging Trends And Threats In Real-Time
Bottlenose, a big data analytics firm which likens itself to “a real-time Palantir,” referencing its focus on tracking, filtering and analyzing stream data, has raised $13.4 million in Series B funding, an SEC filing shows and the company now confirms. The round was led by KPMG Capital, a new fund created by KPMG International to invest in data and analytics globally. Bottlenose… Read More
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Alibaba is stumping up more than half a billion dollars to kick its mobile phone division, which has yet to make any headway, into gear. The NYSE-listed e-commerce giant today announced a $590 million investment in Chinese phone-maker Meizu.