Startups

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...]

IPO and M&A Watch: Line, Newsle, CardSpring

IPO

Keep an Eye On The Naver Corporation, a South Korean company that operates the popular messaging application Line, announced on Tuesday that it had filed its subsidiary with the Tokyo Stock Exchange for an IPO. Line boasts over 430 million users, many of whom live in Japan. Like its Chinese counterpart WeChat, Line relies on in-app purchases for … [Read more...]

Sensoria raises $5m Series A – Investment Round Up

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Seed Open-source machine learning startup PredictionIO has raised $2.5 million in seed funding in a round led by Quest Venture Partners. Azure Capital Partners, CrunchFund, the StartX Fund and Kima Ventures all participated in the round. Prediction IO was founded last year and has created an open-source program which allows developers to add … [Read more...]

Plastiq, the Buy-Side Square, Raises $10m – Investment Round Up

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Series A The Palo Alto, Calif.-based Internet Exchange solutions providerIIX, Inc. has secured $10.4 million in Series A funding from New Enterprise Associates, bringing total funding to over $15 million. IIX provides a platform that allows customers to connect to leading Internet Exchange Points (IXPs) through a single connection from anywhere … [Read more...]

Secret secures $25m Series B – Investment Round Up

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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 in the round. The San Francisco-based company has already raised over $36 million since it was founded last year. Secret also announced new … [Read more...]

Southeast Asia set for e-commerce boom

E-Commerce

Southeast Asia is the next big market for online shopping according to a recent study by UBS, which warns of the threat to established retailers posed by e-commerce firms. Physical barriers such as poor transport logistics infrastructure still hinder virtual shopping in the ASEAN group of countries, but as online retailers like China's Alibaba … [Read more...]