Gavin WheeldonGavin Wheeldon

Purple WiFi looks to take social hotpsot service global

Purple WiFi, a social-led hotspot service, is expanding fast. Last month the Manchester, U.K.-based firm secured a $5 million funding round led by Sir Terry Leahy, former CEO of retail giant TESCO.…

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Microsoft profit falls despite cloud, Surface success

Price cuts to two of Microsoft’s core lines of business, Windows and Xbox, contributed to shrinking profits in the last three months of 2014, according to the company’s most recent earnings. The results…

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Kabam raises $120m in funding from Alibaba – Investment Round Up

Seed funding Resy, a restaurant reservations app, has raised a $2 million seed round led by Vayner/RSE and Lerer Ventures. Panarea Capital, A-Grade Holdings, Slow Ventures and Ken Austin also participated. The…

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Secret secures $25m Series B – Investment Round Up

Series B Anonymous sharing app Secret has raised $25 million in Series B funding. Index Ventures, Redpoint Ventures, Gary Tan and Alexis Ohanian, SV Angel, Fuel Capital and Ceyuan Ventures all participated…

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IPO Watch: Box, TubeMogul, Yodlee

Keep an Eye On Anticipation for the Box IPO will continue to mount, after it was announced this week that the company has instead raised $150 million from private investors TPG and Coatue…

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maprmapr

MapR Technologies secures $110m in mix of equity and debt financing — Investment Round-Up

Seed A data platform for venture investing, Mattermark, has secured $2 million in seed funding from returning investor Andreessen Horowitz, among others. Launched in 2013, Mattermark aggregates data from Twitter, LinkedIn, SEC…

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Digital security sector remains hot as Andreessen Horowitz injects $90m into Tanium

Andreessen Horowitz (a16z) has pumped $90 million of funding into Tanium, an enterprise security and systems management company.It was the second largest single investment by the venture capitalist firm and the latest…

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Kreditech secures $40m – Investment Round Up

Series A Crowdfunding platform Patreon has raised $15 million in Series A funding. Backers included Index Ventures, Reddit co-founder Alexis Ohanian and David Marcus, former president of PayPal. Patreon was founded in…

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ThoughtSpot secures $30m funding round – Investment Round Up

Series B ThoughtSpot, a business intelligence platform, has raised $30 million in a Series B round led by Khosla Ventures. Existing investor Lightspeed Ventures also participated the round, which brings ThoughtSpot’s total…

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Facebook’s messaging mission leads to Snapchat competitor Slingshot

Facebook’s pursuit, rejection, and subsequent mission to bury Snapchat is starting to resemble a teenage courtship gone bad. After Snapchat declined Facebook’s offer to buy the company last year for $3 billion,…

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