Gently-used clothing P2P portal Vinted has purportedly received €20 million ($27 million) in a Series B funding round from Accel, Insight Venture Partners and other investors. The same report stated the Lithuanian company has previously raised €5 million ($6.7 million) in a Series A funding from Accel. Vinted generates 50 million visits each month, and its community consists of more than 2.4 million members.
One Kings Lane, which sells goods for the home online, has received $112 million in a Series E funding round led by Mousse Partners. Reports stated two undisclosed public market institutional investors, as well all prior backers, participated. Among the latter group were Kleiner Perkins and Greylock Partners. Total funding behind the company comes to $229 million, with this latest round bumping One King’s Lane’s valuation up to $912 million.
Myntra, an Indian fashion e-tailer, has raised over $50 million funding round from PremjiInvest, Sofina, Accel, Tiger Global, and perhaps L Capital. According to TechCrunch, Amazon and Flipkart both reached out to the company, with Flipkart pursuing an acquisition and offering approximately $200 million, according to Myntra’s pre-money valuation neared $200 million. An Assocham survey gauged India’s e-commerce market at $16 billion in 2013.
Emeryville, CA-based Nanomix, which develops diagnostics tests, has closed a $12 million private financing from previous investors and “a strategic corporate partner,” according to a company press release. Past investors in the company include Alta Partners, Apax Partners, Sevin Rosen Funds, EnerTech Capital Partners, STAR Ventures and Harris & Harris Group, Inc. Nanomix operates in the Point of Care market, which is forecasted to grow to $7 billion worldwide by 2018.
BlueCava, an Irvine-based marketing company, has attained $13 million in its second funding round led by S3 Ventures, Performance Edge Partners and Zeitgeist Capital. The company, which serves up cross-screen solutions, reports its market opportunity at $16.9 billion. Founded in 2010, BlueCava saw revenues increase by more than 250 percent in the last year.
Sydney, Australia-based Viralytics, which develops treatments to fight cancer, has gained up to $27.1 million ($0.28 per share) in transformational capital. The funding is expected to fuel Viralytics through 2016. Regarding partners, according to a press release, “Bell Potter Securities Limited acted as the Lead Manager to the capital raising with Roth Capital Partners acting as the Sole US Placement Agent.”
Zynga, the San Francisco game creator behind Farmville, has acquired another game maker, NaturalMotion of Oxford, U.K. Zynga reportedly paid $527 million for the company behind Clumsy Ninja, posted a Q4 2013 loss at $25.2 million ($0.03 per share), and will cut jobs by 15 percent moving forward.
Sunnyvale, CA-based Telenav, which leverages wireless location-based services, has bought Berlin-based navigation company, Skobbler. The European company, which leverages a navigation app, comes to Telenav for about $19.2 million cash and $4.6 million company common stock.