Series A
China’s Baoku, which delivers travel and expense management services, has raised $10 million in Series A funding, say reports. China Broadband Capital and Asiainfo-Linkage provided the investment. The company confirmed the news via Weibo.
Series B
New York-based Birchbox, which delivers consumers beauty, grooming and lifestyle items, has received $60 million in a new Series B funding round, according to Fortune. Viking Global Investors led the investment; First Round Capital, Aspect Partners, Accel Partners, Glynn Capital, Sam Lessin, Comcast Ventures, Slow Ventures, Consigliere Brand Capital, Red Swan Ventures and TriplePoint Venture Growth BDC Corp contributed.
Funding
San Francisco-based retargeting company AdRoll has realized a $70 million investment round. Foundation Capital led the funding, which saw contributions from new backers Institutional Venture Partners, Glenmede, Performance Equity and Northgate Capital and current investors Merus Capital, Peter Thiel and Accel Partners. Total backing behind now comes to $89 million. According to a press release, AdRoll has reached a $150 million annualized revenue run rate.
Accommodations platform Airbnb Inc. will receive a $450 million mega-round that values the company at $10 billion, according to reports. TPG led the group agreeing to the investment; among the other backers are T. Rowe Price Group Inc., Dragoneer Investment Group, and Sequoia Capital, says WSJ. The San Francisco company recently reported that it counts hosts in upwards of 35,000 cities across 192 countries.
According to TechCrunch, Crowdrise has secured $23 million in funding. Fred Wilson and Union Square Ventures led investment, while Index Ventures, Spark Capital, RatPac, UTA Ventures, CAA Ventures and Bezos Expeditions contributed. Detroit-based Crowdrise leverages a “fundraising platform for the world’s finest charities,” including the American Red Cross and The Nature Conservancy.