Fundings & Exits
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Restaurant Discovery Service Zomato Eats Its Way Into Central And Eastern Europe With Two Acquisitions
Zomato, the restaurant search and discovery service that’s raised a whopping $55 million in VC, is adding a presence in Central and Eastern Europe by means of two local acquisitions. Felicis, Horizons Ventures Pour $3 Million Into The Vessyl Smart Cup
Mark One, the company behind the Vessyl smart cup, has today closed a $3 million seed round co-led by Felicis Ventures and Horizons Ventures The Vessyl is a cup that tracks your liquid consumption throughout the day, not only by volume but on a molecular level to monitor overall nutrition. When you’re in need of a glass of water, Vessyl will say so. When you’re pretty… Read More
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Cross-Platform Development Platform Xamarin Raises $54M Series C
Xamarin, the popular service for building cross-platform native applications, today announced that it has raised a $54 million Series C round led by a combination of new and existing investors. As far as we are aware, that’s the largest round ever raised by a mobile app development platform. The company tells me that the biggest new investor in this round is Insight Venture Partners. All… Read More
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Shipbeat Is A “Logistics-As-A-Service” To Solve E-Commerce Delivery Woes
Denmark’s Shipbeat plans to offer an API that aggregates the services of leading parcel delivery companies, such as UPS, Fedex, Royal Mail, Deutsche Post, and DHL etc., in a bid to solve the delivery woes of small to medium-sized e-commerce businesses and enable them to give customers all of the delivery options they desire. Read More
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New At Y Combinator: Startups Solving Huge Problems!
During today’s YC Demo Day, there was a notable block among the startups presenting that didn’t give off the vibe we’re used to seeing at this kind of event in Silicon Valley: companies that are addressing real issues with big, bold solutions. We’re not talking about minor problems we all have — like burritos being too hard to get quickly — but issues that… Read More
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Sam Altman On His Inaugural Batch Of Companies As Y Combinator’s New Head
“A lot of people ask what’s different this time,” said Sam Altman, who took over Y Combinator from Paul Graham at the beginning of the year. “But the main thing I’m trying to do is keep things running the same way. YC is on this unbelievable trajectory.” Today’s Demo Day marks the first batch of companies that Altman has shepherded through the… Read More
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PlayFab Raises $2.5M For Its Gaming Backend Service
Nowadays, most studios building games for mobile, PC, or consoles are actually building services: there are servers where gamers play together, leaderboards, in-app purchases to process, inventories to manage, character stats to keep track of, and more. While extremely helpful, most game engines don’t help you implement this side of things Read More
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Chris Burch’s Office Products E-Tailer Poppin Raises Another $17 Million
Attractive, decked-out offices are a good way to attract new talent, which has led many tech companies (and others) to furnish their office spaces via Chris Burch’s workplace products company Poppin, which counts among its clients LinkedIn, Rent the Runway, Squarespace, Warby Parker, and the NFL Network. Today, the company is announcing an additional $17 million in Series C funding.… Read More
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Online Renting Service OpenRent Scores Media-For-Equity Deal From Northern & Shell Ventures
The UK’s OpenRent, an online renting service that operates as an alternative to traditional renting agents, has secured a “multimillion pound” media for equity investment from Northern & Shell Ventures, which operates Express Newspapers. BigColors Acquires GetViable To Offer More Resources To Asia-Pacific And U.S. Startups
Bigcolors, a Hong Kong-based startup crowdfunding platform and venture capital firm, has acquired GetViable, which produces an array of tools for startup founders, for an undisclosed amount. GetViable is based in Melbourne and has offices in Hong Kong and the U.S. as well. The two companies should be able to offer more resources to startup founders in the Asia-Pacific, who often lack the access… Read More
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