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


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


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


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...]

mCube raises $37m – Investment Round Up

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Series B Fingerprint, a mobile technology company creating products for children, has secured a Series B funding round worth $10.85 million. Both new and existing investors participated in the funding, which will be used to build new games, apps, videos and ebooks for the company’s play-and-learn networks.  "Mobile has changed children's viewing … [Read more...]

Kreditech secures $40m – Investment Round Up

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Series A Crowdfunding platform Patreon has raised $15 million in Series A funding. Backers included Index Ventures, Reddit co-founder Alexis Ohanian and David Marcus, former president of PayPal. Patreon was founded in 2013 and has attracted more than 25,000 users to its platform. Series B Healthcare management platform Grand Rounds has … [Read more...]

Wi-Fi-connected LED lightbulb maker LIFX raises $12 Million from Sequoia -Investment Round-Up


Seed Funding Y-Combinator alumnus AnyPerkhas secured an additional $3 million in seed funding to help companies manage and distribute the perks they provide to employees. The Vegas Tech Fund, FundersClub, and Vayner/RSE participated alongside around a dozen angel investors to finance the two year-old, San Francisco-based company. The round will … [Read more...]

Financial Information Provider Markit, Ltd. raises $1.3 billion–Week of June 16th IPO Watch


Keeping an Eye On MobileIron, Inc. began trading on Nasdaq under the MOBL symbol last Thursday after raising around $100 million in its IPO. The stock has sustained its climb since that first day, when it surged 22 percent to close at $11.02. As of Friday afternoon, it had retreated closer to the price it was initially sold at, settling at … [Read more...]

HelloFresh Raises $50 Million – Investment Round-Up


Series B San Francisco-based ClearCare has secured $11 million to build out its software platform for home care agencies. The Series B round was led by Bessemer Venture Partners, but also included existing investors Cambia Health Solutions, Voyager Capital, Qualcomm Ventures, Harbor Pacific Capital, and City National Bank. This latest round … [Read more...]

ThoughtSpot secures $30m funding round – Investment Round Up

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Series B ThoughtSpot, a business intelligence platform, has raised $30 million in a Series B round led by Khosla Ventures. Existing investor Lightspeed Ventures also participated the round, which brings ThoughtSpot’s total funding to over $40 million. The Redwood City, California-based company, founded in 2012, aims to open offices in New York, … [Read more...]