GrabTaxi, the on-demand taxi hailing service, has raised over $15 million in a Series B investment round led by GGV Capital. Travel search service Qunar and Vertex Venture Holdings also participated. The company currently operates its service in Malaysia, Philippines, Thailand, Vietnam and Singapore.
Data transformation platform provider Trifacta has closed a $25 million Series C funding round. Ignition Partners led the round, while existing investors Greylock Partners and Accel Partners also participated. The latest round will be used to expand the company’s marketing and sales efforts. Trifacta’s platform aims to transform data much more productively and efficiently.
Payments company Swipely has raised $20 million in Series C funding. The round was led by the Pritzker Group, while existing investors Shasta Ventures and First Round Capital participated. The company has raised more than $40 million in total. Swipely recently announced its payment processing rate had doubled to $2 billion on an annual basis.
ExtraHop, which operates in the real-time wire data analytics for IT operational intelligence market, has closed a $41 million Series C round of financing. Technology Crossover Ventures (TCV) led the round, while existing investors Meritech Capital Partners and Madrona Venture Group also participated. ExtraHop has now raised $61.6 million in venture capital to date.
App Annie, which provides app analytics and market data, has raised a new $17 million round of funding. Existing investors IDG Capital Partners, Greycroft Partners and Sequoia Capital participated in the round.The money is being used in part to fund the company’s acquisition of Distimo, a mobile analytics firm. Terms of the deal to buy Distimo were undisclosed.
South Korean shopping deals website Coupang has raised $100 million in a funding round that values the company at more than $1 billion. Sequoia Capital Global Equities and Sequoia Heritage funds led the round. Coupang is three years old and exceeded $1 billion in gross merchandise volume last year.
Datalogix, which connects online ads to in-store sales, has closed a $45 million round of equity financing led by Wellington Management Company, a global asset management firm. Existing investor Institutional venture Partners joined the round.
HackerOne, the California-based security firm, has raised $9 million. The funding round was led by Benchmark.The company rewards researchers who find security flaws in software.
Apple confirmed it has agreed to acquire Beats Electronics, the headphone and music streaming company, for $3 billion. Rumors of the acquisition had persisted for weeks and the move was all but confirmed by Beats co-founder Dr. Dre, who will join Apple along with co-founder Jimmy lovine as part of the deal.