Startups

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

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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 app is launching in New York initially, and will use the funds to expand and continue to develop the product, which allows users to pay … [Read more...]

Epic Sciences raises $30m Series C – Investment Round Up

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Seed funding San Francisco-based gaming studio JuiceBox Games has raised a $2.5 million seed funding round led by Initial Capital. General Catalyst, Index Ventures and Maveron also participated. JuiceBox produces free-to-play mobile games and will use the funds to expand into international markets. ThredUP, which allows users to buy and sell … [Read more...]

Flipkart raises massive $1 billion funding round – Investment Round Up

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Series A Kurbo Health, a mobile program to help people lose weight, has raised $5.8 million in Series A funding from Signia Venture Partners, Data Collective, Bessemer Venture Partners and Promus Ventures. The company’s platform offers services through its iOS app to help children and their families lose weight. The company plans to launch an … [Read more...]

IPO + M&A Watch: Google, Rocket Internet, LinkedIn

IPO

IPO Rumors that the Gilt Groupe is preparing for a fall IPO were fueled this week by news that the company underwent a significant reorganization, which saw CMO Lizzie Francis and VP Jyothi Rao leave and several other employees lose their jobs. The New York-based designer e-commerce platform with over 6 million users most recently raised funds … [Read more...]

NextNav secures $70m funding round – Investment Round Up

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Seed funding Fixed, a mobile app which allows users to protest parking tickets, has raised $1.2 million in seed funding from Y Combinator, Merus Capital and other angel investors. Users can upload a photo of a parking ticket and evidence of why it was not properly issued, and Fixed will take the case to the local government. The company charges … [Read more...]

Hortonworks raises $50m – Investment Round Up

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Seed VenueBook, a New York-based ticketing and venue platform, has raised $2 million in seed funding from investors including I2BF Global Ventures, Cayuga Ventures, MI Ventures and Kindler Capital. The company’s offering is aimed at venues and events planners and helps them manage bookings. VenueBook will use the funds to expand sales and … [Read more...]

Drone platform Airware raises $25m – Investment Round Up

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Series A Freshbooks, a cloud-based accounting software provider, has raised a Series A round worth $30 million, led by Oak Investment Partners. Atlas Venture and Georgian Partners also participated. Freshbooks has not previously raised funds since it was founded in 2003 and will use this investment to expand its team. Series B Commercial … [Read more...]

AppDynamics raises $120m at $1bn valuation – Investment Round Up

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Series A SimpleReach, a content marketing startup, has raised a Series A round worth $9 million. MK Capital led the round, with participation from Atlas Venture, Village Ventures and High Peaks Venture Partners. SimpleReach was founded in 2010 and helps marketers and publishers effectively measure the value of content and adverts. The company … [Read more...]

Urban Compass raises $40m – Investment Round Up

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Series A The news that Yo has raised a Series A will do nothing to calm those fearing a tech bubble. The messaging app’s sole function is to send “Yo” back and forth between its users, but has secured $1.25 million in venture funding from Betaworks and Pete Cashmore (founder of Mashable). The financing values the company between $5 and $10 … [Read more...]

Workspot raises $6.5m Series A – Investment Round Up

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Seed Jobr, a job search platform, has raised $2 million in seed funding from Lerer Ventures,Redpoint Ventures, Eniac Ventures, Lowercase Capital, Tim Draper, and others. The Jobr app seeks to connect job seekers and employers through a Tinder style model of swiping either left or right. Jobr plans to use the new funds to hire staff and build out … [Read more...]