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Super Evil Mega Corp. raises $26m in funding

Super Evil Mega Corp., the mobile games developer behind the popular Vainglory game, has raised $26 million in funding. Index Ventures led the round, with participation from all of the company’s existing…

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Uber leak, Apple Music’s 11m trial users and Tesla’s security breach

Uber was recently labelled the world’s most valuable startup at $50 billion. However, recent leaked financial documents allegedly from Uber, have revealed that the firm is operating at a loss of several million dollars each quarter.

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Fastly grabs $75m funding round

Real time content delivery network Fastly has raised $75 million in Series D funding. Iconiq Capital led the round, with participation from Amplify Partners, August Capital, Battery Ventures, IDG Ventures and O’Reilly…

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Mobile entertainment startup Seriously raises $18m

Mobile entertainment company Seriously has raised $18 million in Series A funding led by Northzone. Korea Investment Partners, Upfront Ventures, Sunstone Capital and Daher Capital also participated. Seriously is behind the Best…

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Uber valued at $51bn according to reports

Uber has raised nearly $1 billion at a valuation close to $51 billion, the Wall Street Journal has reported. Microsoft and the investment arm of Indian company Bennett Coleman & Co., are…

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Avvo raises $71.5m for legal marketplace

Legal marketplace Avvo has announced a $71.5 million funding round led by Technology Crossover Ventures. Vulcan Capital and Coatue also participated in the funding, which will be used for hiring, marketing and…

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Stripe valued at $5bn following latest funding round

Online payments company Stripe has raised new funding valuing the company at $5 billion. Stripe declined to reveal the amount raised, but investors include Visa and Kleiner Perkins Caufield & Byers. The…

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DraftKings raises $300m at reported $1.2bn valuation

Daily fantasy sports website DraftKings has raised $300 million in new funding, led by 21st Century Fox’s Fox Sports. The funding round reportedly values DraftKings at $1.2 billion. Re/Code reports that Fox…

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Brainly gets smart with Poland’s education boom

In 2009 few leading VCs noticed the appearance of, a Polish website aiming to connect students with each other, working mutually to complete their schoolwork. Today the firm – rebranded as…

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Israeli startups given helping hand for U.S. expansion

Israel boasts some of the best technology talent in the world, as proven by some of the astonishingly successful startups coming out of the country. But Israeli entrepreneurs all face the same…

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