Fundings & Exits
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Intel Buys PasswordBox To Add ID Management To Its Security Business
Intel has made another acquisition to beef up its security division as it pushes to build more services and hardware beyond its core chip business. It has acquired PasswordBox, makers of digital identity management software. Terms of the deal are not being disclosed. More specifically, “Terms of the transaction were not disclosed and are not material to Intel’s… Read More
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Mobile Marketplace Carousell Raises $6M Series A Led By Sequoia Capital
Carousell, a mobile app marketplace that lets sellers upload items with a few taps on their smartphones, has raised $6 million in Series A funding led by Sequoia Capital. The Singaporean startup’s existing investors, Rakuten Ventures, Golden Gate Ventures, 500 Startups, and serial entrepreneur Darius Cheung, also returned for this round, which brings Carousell’s total raised so far… Read More
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Applause Raises $765K From Salesforce CEO For Its Revamped Weight Loss App
If you’re worried about blowing your diet over the holidays – or perhaps, thinking about making a New Year’s resolution to “eat healthy” (you know, again) – an app called Applause, now seed funded by Salesforce CEO Marc Benioff, may help. The startup aims to bring to market a more lightweight food and activity tracking service combined with virtual… Read More
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Singaporean Mobile Game Developer Inzen Raises $748,000 To Tackle The Chinese Market
Inzen, a Singapore-based mobile game developer, has raised a Series A round of $935,000 SGD (about $748,000). The company is setting its sights on China as it prepares to launch a new portfolio of titles for international markets next year. Its latest funding round, which brings the total Inzen has raised to $1,485,000 SGD (about $1,190,000) so far, was led by Japan’s Incubate Fund,… Read More
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Alexa Competitor SimilarWeb Raises $15M To Expand Into Mobile Analytics, App Engagement Insights
Online, and now, mobile measurement service SimilarWeb has raised $15 million in Series D funding from prior investors Naspers and angel investor Lord David Alliance, chairman of clothing catalog retailer N Brown Group, as the company prepares to expand its capabilities in terms of measuring mobile application data, including app engagement metrics. To date, Tel Aviv-headquartered… Read More
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Host Analytics Raises $25M And Says Next Step Is IPO
Host Analytics, a company that provides cloud-based financial analytics tools, announced $25M in Series E funding today, and suggested the next logical step for the company is going public. Today’s funding brings their total to date to $77M.
The round was led by Centerview Capital Technology. Also participating were previous investors Advanced Technology Ventures, Next World Capital… Read More
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Photo-Sharing App Memoir Snags $5.5 Million To Help You Recall The Past
Photo-sharing application Memoir, a Timehop competitor that allows you to rediscover old photo “memories,” has raised an additional $5.5 million in a round led by Redpoint Ventures’ Ryan Sarver. Others participating included prior investors Founder Collective, Box Group, Lerer Ventures and Thrive Capital. The company had previously raised $1.2 million in seed funding.… Read More
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FastPay Raises $15M More To Improve Digital Media Cashflow
FastPay, a startup offering credit to digital media companies, is announcing that it has raised $15 million in additional equity funding.
That description might not sound particularly sexy, but FastPay seems to be tackling a common problem for companies that serve as middlemen between online publishers and advertisers (such as ad agencies, demand side platforms, supply side platforms, ad… Read More
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Eric Schmidt’s Farm2050 Collective Will Back Agriculture Tech To Feed Earth’s Growing Population
We’ll need to produce 70% more food by 2050 to sustain a world population expected to grow to 10 billion. Yet agriculture startups struggle to get the funding, manufacturing, and test facilities needed to build tech that could boost food production. To fix that disconnect, Google Chairman Eric Schmidt’s Innovation Endeavors and Flextronics Lab IX today launched Farm2050, a… Read More
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Deep Identity, a Singapore-based startup that helps companies manage access to their internal networks and services, has raised US$470,000 (SG$589,000) to expand its services into the cloud and open a presence in Europe.