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Testlio Wins $6.25m Funding Round to Push Multiplatform

April 12, 2016

Mobile app testing company Testlio has raised $6.25 million in Series A funding from two of Silicon Valley’s largest venture capital funds. The Estonian company, which is also present in San Francisco,…

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Oyo Rooms Raises $100m – Report

April 11, 2016

Oyo Rooms, an Indian on-demand hotel booking service, has raised $100 million in funding, Hindustan Times reports. Softbank led the round, with participation from Sequoia Capital, Lightspeed Venture Partners, Greenoaks Capital, DSG…

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Luxe Secures $50m Series B Round

April 8, 2016

Luxe, a provider of on-demand valet parking and car services, has raise a $50 million Series B investment round. Hertz Global Holdings led the round, with participation from existing investors Redpoint Ventures…

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Intercom Grabs $50m Funding Round

April 7, 2016

Customer communication platform Intercom has raised $50 million, bringing the company’s total funding to $116 million. Index Ventures led the round, with participation from previous backers ICONIQ Capital, Bessemer Venture Partners and…

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Bright Health Grabs $80m in Series A Funding

April 6, 2016

Health insurance startup Bright Health has secured $80 million in Series A funding led by Bessemer Venture Partners and New Enterprise Associates. Flare Capital Partners and others also participated in the funding…

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AIG Raises Another $85m

April 5, 2016

Africa Internet Group, an e-commerce platform and parent company of Jumia, has raised $85 million in new funding from telecoms company Orange. Last month AIG raised $326 million at a valuation exceeding…

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Juicero Secures $70m Series B Funding Round

April 1, 2016

Juicero, a smart juicer maker, has raised $70 million in Series B funding led by Artis Ventures. Google Ventures and Kleiner Perkins Caufield & Byers also participated. Juicero’s flagship product is a…

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Spotify Raises $1bn

March 30, 2016

Music streaming company Spotify has secured $1 billion in convertible debt from investors. Private equity firm TPG and hedge fund Dragoneer Investment Group led the round, which also included clients of Goldman…

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Betterment raises $100m

March 29, 2016

Robo advisor Betterment has raised $100 million in Series E funding at a pre-money valuation of $600 million. Kinnevik led the financing, with participation from Bessemer Venture Partners, Anthemis Group, Menlo Ventures…

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Bromium Secures $40m Investment

March 28, 2016

Bromium, a provider of endpoint protection using virtualization, has secured $40 million of investment. The financing round was led by existing investors and included new backer Silver Lake Waterman. The company has…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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