Startups

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...]

Rap Genius raises $40m, changes name to Genius – Investment Round Up

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Series A Rocketrip, a travel management company, has raised $3 million in a Series A round led by Canaan Partners and Genacast Ventures. CrunchFund and Paul Bucheit also participated. Rocketrip was founded last year and has raised $6.2 million to date. The company’s search and booking platform targets enterprise users. Series B Rap Genius … [Read more...]

Video conferencing platform Vidyo raises $20m – Investment Round Up

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Seed Button, a New York-based customer acquisition and engagement startup, has raised a $2.25 million seed round led by Atlas Ventures. DCM, Greycroft Partners, MESA+ and VaynerRSE all participated, as did a number of angel investors. The company’s platform is currently in private beta and will use the funds to hire new staff and continue … [Read more...]

Startups face age-old battle to enforce change in established industries

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In 19th century England, during the Industrial Revolution, a group of textile artisans labelled Luddites protested against new technology in their industry by smashing the new machines to pieces. This led to bloodshed, economic and social unrest and rioting, all because technology threatened to take away the livelihoods of a large part of the … [Read more...]

Bonobos raises $55m in Series D round – Investment Round Up

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Series A In the modern digital age, increasing numbers of people are concerned about their web persona. Savvy internet users are wary of the long-term effects of their web activity, and worry that one off-color post or embarrassing photo may tarnish their image. Enter Traity, a Madrid-based reputation startup that looks to manage users’ web … [Read more...]

MapR Technologies secures $110m in mix of equity and debt financing — Investment Round-Up

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Seed A data platform for venture investing, Mattermark, has secured $2 million in seed funding from returning investor Andreessen Horowitz, among others. Launched in 2013, Mattermark aggregates data from Twitter, LinkedIn, SEC filings, Angel List, CrunchBase, news sites, and the company’s own proprietary Startup Index to allow customers to track … [Read more...]

IPO Watch: GoPro, Box, Alibaba

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Keep an Eye On After delaying its IPO, Box Inc. might be looking elsewhere for a cash infusion. The Wall Street Journal reported earlier in the week that the Los Altos, CA-based online storage company is in discussions with TPG Capital to raise as much as $100 million, around what it raised in its last round of venture funding. Box is not yet … [Read more...]