THE BUSINESS OF TECHNOLOGY
Peter Thiel, John Mack, and actor Jared Leto are among those who participated in Radius’ $54.7 million Series C round. Radius, which provides a data analytics platform for B2B marketers while based in San Francisco, has now raised close to $80 million.
A San Francisco-based event planning platform, HoneyBook, has raised a $10 million Series A from Aleph VC, Hillsven Calital, Ooga Labs, and Ev Williams, among others.
Alibaba’s stock popped 35% on Friday, the much anticipated first day of trading for the Chinese e-commerce company. The shares, which were priced at $68, reached as high as $99.70 but settled around $93.89 at close of trading on Friday.
PrecisionHawk, which uses drones and cloud-based software for aerial data analytics, has closed a Series B financing round worth $10 million led by Millennium Technology Value Partners.
Ping Identity, an identity security company, has raised a new funding round worth $35 million, led by KRR. Existing investors Draper Fisher, Jurvetson General Catalyst Partners , SAP Ventures, W Capital Partners, Volition Capital, Triangle Peak Partners and Appian Ventures all participated.
Over the past two weeks, institutional investors have piled into the Alibaba roadshow as if the company was handing out free money. The long awaited process started three years ago and the…
Online and mobile video platform JW Player has raised $20 million in Series C funding from Greenspring Associates, e.ventures, and existing investors Greycroft Growth and Cueball Capital.
Ride-sharing company Sidecar has raised $15 million in new funding from Sir Richard Branson and existing investors Avalon Ventures and Union Square Ventures. Sidecar allows drivers to connect with passengers who can pay for a spare seat in their car.
Kinnek, a marketplace for small businesses to find suppliers, has raised a $10 million Series A round led by Matrix Partners.
Ifbyphone, a voice-based marketing company, has raised a Series E round of funding worth $30 million, led by NewSpring Capital. Apex Venture Partners, SSM Partners, Origin Ventures, River City Capital Funds, i2A Illinois Accelerator Fund and Spring Mill Venture Partners all participated.