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, Refresh.io

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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SeatGeek raises $62m funding round

SeatGeek, a mobile platform for sports and concert tickets, has raised $62 million in Series C funding led by Technology Crossover Ventures. Accel, Causeway Media Partners and Mousse Partners participated in the…

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Bpifrance gives French startup scene major checkup

It’s late Friday at a café in Paris’ sixth arrondissement, and most locals are on their second glass of wine. The moment Nicolas Dufourcq appears, shakes Red Herring’s hand and orders a…

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Sports video analysis platform Hudl grabs $72.5m funding round

Hudl, a sports video analysis platform, has raised $72.5 million in funding. Accel and Nelnet led the round, with participation from Jeff Raikes. The company’s video platform aims to make it easier…

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HyTrust raises $33 million in funding for cloud security

HyTrust, a cloud security automation company, has raised $33 million in funding, including $8 million in venture debt and credit facilities. AITV led the round, with participation from Vanedge Capital, existing investors…

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Why is London leading the European FinTech charge?

by Anam Alpenia Financial technology – or FinTech, to lend it the inevitable portmanteau – has become one of industry’s hottest topics over the past few years. Companies which allow financial institutions…

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Sprinklr grabs $46m funding round

Social media management platform Sprinklr has raised $46 million from Intel Capital, Battery Ventures, and Iconiq Capital to the tune of a valuation upwards of $1 billion. The company self reported that…

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Auctionata secures $45m Series C financing round

Auctionata, a Berlin-based company that videostreams live auctions for the sale of fine art and antiques, has secured $45 million in Series C financing, as it continues its push to build out…

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The Exit Report: FoundationDB, SolarEdge, Skrill

Apple has bought FoundationDB, a database technology provider, and immediately shuttered the company. Apple acquired the company in order to use the technology for its own data, but infuriated developers by removing any trace of it on Github, the code repository.

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