Uber valued at $51bn according to reports

Uber has raised nearly $1 billion at a valuation close to $51 billion, the Wall Street Journal has reported. Microsoft and the investment arm of Indian company Bennett Coleman & Co., are…

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Avvo raises $71.5m for legal marketplace

Legal marketplace Avvo has announced a $71.5 million funding round led by Technology Crossover Ventures. Vulcan Capital and Coatue also participated in the funding, which will be used for hiring, marketing and…

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DraftKings raises $300m at reported $1.2bn valuation

Daily fantasy sports website DraftKings has raised $300 million in new funding, led by 21st Century Fox’s Fox Sports. The funding round reportedly values DraftKings at $1.2 billion. Re/Code reports that Fox…

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Israeli startups given helping hand for U.S. expansion

Israel boasts some of the best technology talent in the world, as proven by some of the astonishingly successful startups coming out of the country. But Israeli entrepreneurs all face the same…

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RealtyMogul.com grabs $35m Series B round

RealtyMogul.com, a marketplace for real estate investing, has raised $35 million in Series B financing led by Sorenson Capital. Canaan Partners, which led the company’s Series A round, also participated. RealtyMogul plans…

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As Grexit D-Day approaches, can startups weather the storm?

Alexis Tzipras, the Greek prime minister, has until midnight tomorrow to keep his country in the euro zone. A deal, wrangled after a Greek referendum and intense talks, will force Greece to…

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CrowdStrike secures $100m funding round led by Google Capital

Cybersecurity startup CrowdStrike has raised a $100 million Series C funding round led by Google Capital. Accel, Rackspace and Warburg Pincus also invested. The company has now raised a total of $156…

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BitFury Group secures $20m funding round

BitFury Group, a Bitcoin Blockchain infrastructure provider and transaction processing company, has raised $20 million in funding.  DRW Venture Capital, iTech Capital and Georgian Co-Investment Fund participated in the investment round. The…

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Didi Kuaidi raises $2bn funding round

Chinese car-ride hailing company Didi Kuaidi, the biggest competitor to Uber in China, has raised $2 billion in funding. The company has said in a statement that the amount may rise by…

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Harry’s raises $75.6m at reported $750m valuation

Men’s razor company Harry’s has closed a $75.6 million Series C funding round led by Wellington Management. TechCrunch reports that the company is valued at $750 million post money. Harry’s sells its…

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