Fundings & Exits
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IroFit Scores $600K Seed Round For “Internet-Free” Mobile Payment Tech Targeting Emerging Markets
In a sea of ‘me too’ mobile payment startups/dongles à la Square, Finnish startup IroFit actually looks like it has an interesting proposition. The soon-to-launch Helsinki company offers a mobile platform for small businesses to accept card payments via a mobile app and ‘EMV-certified’ card reader, underpinned by various business management features.
However… Read More
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UpWest Labs Nurtures Promising Israeli Startups In Silicon Valley
UpWest Labs was founded in 2012 with a simple idea. Israel has tons of startup talent, but much of the funding is in the U.S. The founders decided to put the two together and bring a small group of promising Israeli entrepreneurs to the U.S. for four months to meet customers, partners and investors. Today marks the 8th graduating class. Today’s graduating group is comprised of 7… Read More
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Coca-Cola Hopes Its Startup Incubator Is The Real Thing
Suddenly major brands are looking to get into the startup funding game, whether we’re talking GE, Yammer or even non-tech brands like McDonald’s. Coca-Cola is another consumer brand looking for an edge by funding new startups. Coke isn’t doing it for pure investment purposes necessarily, but because they believe lean startups can give them the creativity, agility and speed… Read More
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Okta Catches SpydrSafe In Its Enterprise Web
Okta, the enterprise startup whose cloud-based platform lets enterprises manage and authenticate user identity across multiple applications, may have quietly made an acquisition — its first, or at least the first that we have uncovered. It looks like it has purchased a company called SpydrSafe, a mobile security startup that built a platform for companies to manage access to… Read More
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Mobile Social Network Parenthoods Raises $1.32 Million
A San Francisco-based social network called Parenthoods has raised a $1.32 million seed round for its modern mobile platform designed to connect millennial parents who are used to apps like Instagram and Snapchat with others locally. In the Parenthoods iOS app, moms and dads chat with fellow parents in order to swap advice, offer support, arrange playdates, and more.
The company, which… Read More
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Bharti SoftBank Acquires 36.5% Stake In Indian Media Startup ScoopWhoop
Bharti SoftBank, a joint venture between business group Bharti Enterprises and SoftBank Corp., announced today that it has acquired a 36.5 percent stake in ScoopWhoop, an Indian-focused media startup. Though financial terms were undisclosed, the deal is interesting because it’s the latest in a series of investments by SoftBank in Indian startups. The Japanese telecom giant recently said… Read More
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“VideoSelfie” Scores $1.2 Million For Its App Offering Real-Time Filters, GIFs And More
But I thought we were recording our video selfies on Instagram and Snapchat now? A soon-to-launch mobile application called VideoSelfie, whose founders participated in the 500 Startups accelerator last year, has raised $1.2 million for its forthcoming mobile application that lets you edit your videos (of yourself, duh) in real-time. You can add filters, decorations and GIFs, hit record,… Read More
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Former Grooveshark Execs Raise $950K For E-Commerce Customer Intelligence Startup Tandem
A team of early Grooveshark employees who left the company a couple of years ago to pursue their own startup ambitions have raised a little under a million for Tandem, a service that helps e-commerce companies better understand their customers shopping behavior and interests by combining analytics data, surveys and sales information. Explains co-founder and CEO Isaac Moredock, previously… Read More
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Joyent Raises $15M To Bring Enterprise-Grade Docker Support To Its Cloud Platform
Until today, cloud infrastructure company Joyent had raised a total of $120 million in a number of funding rounds, with its 2012 $85 million Series D round being the latest and largest. There aren’t all that many companies that go past the Series D stage, but cloud platform provider Joyent today announced that it has raised an additional $15 million from existing investors Intel… Read More
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Print Syndicate, an e-commerce store that sells printed T-shirts and other fashion and home decor goods, has raised $4.25 million in Series A funding led by Data Point Capital.