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Skyport Systems Secures $30m Series C

March 15, 2016

Skyport Systems, an enterprise security architecture company, has raised $30 million in Series C funding. The financing round was led by GV with participation from Cisco Investments, Thomvest Ventures, Northgate Capital and…

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Cainiao Reportedly Raises $1.54bn at $7.7bn Valuation

March 14, 2016

Cainiao, an Alibaba-backed logistics company, has completed a reported $1.54 billion funding round at a $7.7bn valuation, according to Chinese news site Caixin. Temasek Holdings, GIC, Khazaah Nasional and Primavera Capital all…

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Sky Invests $45m in Streaming Service iFlix

March 9, 2016

iFlix, a rival of Netflix in Southeast Asia, has received $45 million in investment from U.K. broadcaster Sky. iFlix is an online streaming service that operates in Malaysia, Thailand and the Philippines…

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Ant Financial reportedly raising $3.1bn at $60bn valuation

March 8, 2016

Ant Financial, the Chinese fintech company that manages Alipay, is reportedly raising $3.1 billion in funding at a valuation as high as $60 billion, according to The Wall Street Journal. Ant Financial…

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AlphaSense Raises $33m Funding Round

March 7, 2016

AlphaSense, a search engine for finance professionals, has raised $33 million in growth capital from Tribeca Venture Partners, Triangle Peak Partners and Quantum Strategic Partners. Individual investors such as former Reuters CEO…

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Snapchat raises $175m at previous $16bn valuation

March 4, 2016

Messaging app Snapchat has raised $175 million in fresh funding at the same $16 billion valuation it had a year ago, according to reports from Reuters and The Wall Street Journal. The…

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Luxembourg, Building on Old Habits, Births a Tech Ecosystem

March 3, 2016

Luxembourg has always been something of a European anomaly. Today, a nascent crowd of tech entrepreneurs is hoping it can continue to be so. It will certainly benefit them. With a population…

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Mercari Raises $75m at Reported $1bn Valuation

March 2, 2016

Mercari, a Japanese peer-to-peer marketplace, has raised around $75 million at a reported valuation of more than $1 billion. The company’s Series D investment round includes Mitsui & Co, Development Bank of…

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Enlighted Secures $25m Series D Financing Round

March 1, 2016

Enlighted, an Internet of Things solutions provider for commercial buildings, has secured $25 million in Series D financing. New investor Tao Capital Partners joined existing backers Kleiner Perkins Caufield & Byers, RockPort…

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Souq.com Secures $275m Funding Round

February 29, 2016

Dubai-based e-commerce company Souq.com has raised $275 million from Tiger Global management and Naspers. Other investors included Standard Chartered Private Equity, International Finance Corp., and Ballie Gifford. The Amazon-like company is reportedly…

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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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