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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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In Albania, Tech Attempts to De-Balkanize the Balkans

March 24, 2016

On a balmy, spring evening in Tirana, around three dozen Albanian entrepreneurs are sat in a room of the same building where secretaries once committed communist government files to software. The presentation…

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Domo raises $131m at $2bn valuation

March 23, 2016

Domo, a data management platform provider, has raised another $131 million to its Series D round of funding, sustaining its valuation of $2 billion. The company’s Series D round in now worth…

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BigBasket Raises $150m

March 22, 2016

BigBasket, an online grocery startup based in India, has raised $150 million in a funding round led by Abraaj Group. New investors such as International Finance Corporation and Sands Capital and existing…

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Moat Secures $50m Funding Round

March 21, 2016

Web media analytics company Moat has raised $50 million in new funding led by Insight Venture Partners, The Wall Street Journal reports. The company plans to develop a standard metric for buying…

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Pieces Technology Launches With $21.6m Series A Round

March 18, 2016

Pieces Technology, a startup aiming to improve clinical and community health outcomes, has launched with a $21.6 million Series A funding round. Pacific Advantage Capital and Jump Capital led the investment, with…

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In Moldova, a Tech Community Emerges – But Gentle Growth is Key

March 17, 2016

Anca Albu, a Romanian-American, but London-based, social innovation expert, came to Moldova in November to kick-start its startup ecosystem. Despite its considerable economic disadvantages, she claims it has plenty of potential to…

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Ring Grabs $61.2m Series C Investment Round

March 16, 2016

Outdoor home security company Ring has raised $61.2 million in Series C funding from Kleiner Perkins Caufield & Byers and Sir Richard Branson. The company has also released a new video doorbell…

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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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