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Evernote Raises $70M at $1B Valuation in Prep of IPO

May 10, 2012

Evernote, the digital note-taking company has raised $70 million in its fourth round of funding, earning the company a $1 billion valuation. The round was led by Meritech Capital and CBC Capital,…

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Russia’s Craigslist Avito.ru Raises $75M

May 4, 2012

Avito.ru, Russia’s Craigslist and biggest online classified site, has closed a new funding round of $75 million, the company recently announced. The funding comes from Baring Vostok Private Equity Fund IV, Accel…

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Cisco Sinks $100M in Insieme

May 4, 2012

Cisco has made a $100 million investment in Insieme, a networking startup launched by three Cisco employees. Cisco also retained an option to buy the company for $750 million, according to a…

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Facebook IPO Date Planned for May 18

May 4, 2012

With its roadshow Wall St. pitch scheduled to begin Monday, Facebook has set a tentative IPO date for May 18, the Wall St. Journal recently reported, citing “people familiar with the matter.”…

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WeVideo Raises $19.1M for Collaborative Video Editing in the Cloud

April 24, 2012

WeVideo, a cloud-based video editing platform, has secured a $19.1 million funding round, led by Crest Capital Ventures of Houston, Texas, according to DMW Media. The company plans to use the funding…

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InnoSpring Draws First US-China Incubator and Seed Fund

April 20, 2012

Innospring, the first US-China incubator, has officially launched its seed fund and support network for Chinese startups seeking American exposure and expansion as well as American companies seeking a piece of China’s…

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Splunk Splashes Its First Day on IPO with 108% Jump

April 20, 2012

Splunk began its first day on the stock market priced at $17 a share. By the end of the day, the unprofitable business startup was worth $35.08, a 108 percent jump in…

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Banking $10.65B in Q1 of 2012, Google Splits Its Stock to Retain Founder Power

April 19, 2012

Google is tackling its competition with Facebook head-on. After revealing the $10.65 billion the company earned in the first quarter of 2012, the company also announced a stock split that will effectively…

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First Round to Raise $135M Fund

April 19, 2012

Early stage firm First Round Capital is raising $135 million for a new fund, according to a recent SEC filing. It will be the firm’s fourth fund. Its third fund gathered $126…

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Foursquare Scores 20M Users, 2 Billion Checkins for This Year’s 4SqDay

April 19, 2012

Foursquare celebrated its third annual 4SqDay on April 16 (four squared for the math nerd in us all) with the shattering of another milestone: the company has reached 20 million users making…

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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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