The Exit Report: Etsy, Shopify, Alcatel-Lucent

Etsy, the online crafts marketplace and darling of the New York tech scene, raised $267 million in its IPO after selling 16.66 million shares at $16. Its initial market cap was $1.78 billion. Shares, which are trading on the Nasdaq, had reached $27.58 by market’s close on Friday.

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Slack confirms $160m funding round

The workplace collaboration tool Slack has secured $160 million from Horizon Ventures, DST Global, Index Ventures, Spark Capital, and Institutional Venture Partners, with additional participation coming from returning backers Andreessen Horowitz, Google…

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Clypd grabs $19.4m Series B investment

Clypd, a sell-side technology provider for the television industry, has raised $19.4 million in a Series B round of funding led by RTL Group. Atlas Venture, Data Point Capital, Duke University, TiVo…

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Maulik Sailor PortraitMaulik Sailor Portrait

Innovify Q&A – how does Indian entrepreneurialism compare to Europe?

Innovify Founder Maulik Sailor talks about Indian entrepreneurialism vs Europe, and how to get products to market fast.

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Domo emerges from stealth with $200m funding, $2bn valuation

Business management platform Domo has emerged from stealth with a $200 million Series D financing round, at a valuation of $2 billion. The round was led by BlackRock, with participation from Capital…

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Global Fashion GroupGlobal Fashion Group

Rocket Internet’s Global Fashion Group secures $35m

Rocket Internet’s Global Fashion Group has raised a $35 million funding round from existing backers Tengelmann Ventures and Verlinvest. The company is now valued at $3 billion post-funding. Rocket Internet owns 23%…

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Quikr secures $150m funding round

Quikr, an India-based classified ads company, has raised $150 million from Tiger Global, Investment AB Kinnevik and Steadview Capital. The investment round bring Quikr’s total funding to $350 million. The website claims…

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Google Capital leads $60m Zen Payroll funding round

ZenPayroll, which, unsurprisingly, offers payroll solutions, has raised $60 million in a funding round led by Google Capital. Emergence Capital Partners, Ribbit Capital and existing investors such as General Catalyst, Kleiner Perkins…

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Jay-Z’s Tidal revealed, Airbnb in Cuba and Android on PC

Popular music streaming platforms like Spotify and Pandora are to welcome a new competitor to the market. Artist Jay-Z, after acquiring Swedish streaming service Aspiro for $56 million in March, has re-launched the company’s main music streaming site, Tidal. Just a month later, the company is valued at $250 million according to the New York Post.

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The Exit Report: Etsy, GoDaddy,

The hipster online marketplace Etsy set terms for its own IPO. It expects to sell 16.67 million shares for between $14 and $16, which if priced in the middle would translate into an initial market cap of $1.66 billion.

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