Fundings & Exits
Auto Added by WPeMatico
Authy Raises $2.3M To Help Prevent The Next Celebrity Hack
Hacking into poorly secured online accounts isn’t all that hard, as a few celebrities found out this week. One of the easiest ways to secure your accounts is by using two-factor authentication so that you have both something you know (your password) and something you have (the second, ever-changing security PIN). Authy, a Y Combinator-funded startup that specializes in two-factor… Read More
Powered by WPeMatico
Flywheel Raises $1.2M For Its Designer-Centric WordPress Hosting Platform
The open-source WordPress software runs a huge chunk of all of the sites on the Internet, so it’s no surprise that there’s also a massive ecosystem that has sprung up around the platform. These days, there’s a specialized WordPress service for virtually any niche you can think of. Omaha-based Flywheel is one of those services. It focuses on designers, freelancers and… Read More
Powered by WPeMatico
DataStax Lands $106M In Series E Funding
DataStax, the commercial face of the open source Apache Cassandra database, announced $106M in Series E Funding, bringing their total to date to over $190M in funding. Today’s round was led by Kleiner, Perkins, Caufield & Byers with additional investors including ClearBridge, Cross Creek and Wasatch, PremjiInvest and Comcast Ventures. Existing investors including Lightspeed… Read More
Powered by WPeMatico
LogMeIn Buys YC-Backed Meldium For $15M To Add Single-Sign On To Its Service
LogMeIn, a company that provides remote connectivity solutions to businesses and individuals, today is announcing an interesting acquisition that builds out the kinds of services it can offer and taps further into the wider shift to cloud-based services that we are seeing among enterprises and consumers: it has acquired Meldium, a Y-Combinator alum that specialises in single-sign on and… Read More
Powered by WPeMatico
Location Is Everything, As Mobile Ad Startup xAd Raises $50M Led By IVP
xAd, a mobile ad startup that specialises in serving media specific to a user’s location, is today announcing $50 million in funding — significant not only for the size of the round, but also for the context around the money coming into its coffers. xAd is already profitable, growing fast, wasn’t in the market for raising financing (it has “several million dollars… Read More
Powered by WPeMatico
Brain Training Startup Memorado Raises $1.3M
I’ve recently become hooked on so-called brain training games, which claim to be able to help you improve your cognitive ability, while also cleverly tapping into the casual mobile gaming phenomena. There’s nothing quite like wasting away time playing games on your iPhone all in the name of better health. Read More
Powered by WPeMatico
AVG To Buy Family-Focused Mobile Security Company, Location Labs, In Deal Worth Up To $220M
Mobile security company Location Labs is being acquired by online security firm AVG in a deal worth up to $220 million. AVG said today it will pay around $140 million initially to buy Location Labs, plus up to an additional $80 million in cash consideration over the next two years, based on certain performance metrics and milestones being met. Read More
Powered by WPeMatico
T-Shirt Design App Snaptee Raises $750,000 In Additional Funding
Snaptee, an app that lets users turn their smartphone photos into T-shirt designs, has raised an additional $750,000 from new investors SXE Ventures, Nest, Groupon Hong Kong co-founder Danny Yeung, and Joel Neoh, the CEO of Groupon Taiwan and Groupon Malaysia. The latest funding brings the total Snaptee has raised so far to $1.95 million. Read More
Powered by WPeMatico
Facebook Acquires A Sound Studio To Help Power Its App Factory
Facebook has made an interesting acquisition, having picked up WaveGroup Sound, an audio production company headquartered in Burlingame, Calif., that specializes in sound for games, and that produced tracks for the Guitar Hero series, as well as Rock Band and Dance Dance Revolution titles. It also makes sounds for many startups, hardware devices and mobile apps. Read More
Powered by WPeMatico
You’re acquired! L.A.-based Zao, the social recruitment platform that lets employees and a company’s wider network get rewarded for making job referrals, has been bought by legacy UK e-recruitment company Amris (owned by The Internet Corporation Limited).