Fundings & Exits
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Pond5 Raises $61 Million Series A Led By Accel Partners, Stripes Group
Pond5, Shutterstock’s rival in the digital media and video world, has today announced that the company has closed a $61 million round of funding led by Accel Partners and Stripes Group. HandUp Raises $850K For A Platform That Lets Donors Lend A Hand To The Homeless
Homelessness in the United States is such a tremendous and multi-faceted problem that no single approach can fix it. But that means that there can be a mix of ways to help out homeless people, from federal assistance to local non-profit programs. San Francisco-based HandUp marries tech to individual charitable donations through a platform that allows donors to give to specific people. I… Read More
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TellApart Buys Freshplum To Chase You With Personalized Shopping Discounts
Promo codes are dangerous. Rather than seducing customers, people already planning to buy will find and use them to knock a few dollars off a retailer’s profits. But Google Ventures-backed startup Freshplum lets ecommerce sites offer personalized, exclusive discounts just to visitors who look like they wouldn’t make a purchase otherwise. Today, adtech powerhouse TellApart… Read More
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Europe’s Game Sector Gets New Seed Fund Raised By LVP, Backed By Nexon, Zynga CEO, Wargaming
London Venture Partners (LVP) has announce a new early stage seed fund focused primarily on the European games sector. The eponymously named ‘LVP Seed Fund I’ is LVP’s first fund raised from third party investors. Backers of the new fund include Asian freemium gaming giant Nexon, long-time strategy game developer Wargaming, and social gaming company Zynga’s CEO Don… Read More
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Lexalytics Acquires Semantria To Bring Sentiment Analysis To The Masses
Lexalytics is looking to bring sentiment analysis to smaller firms around the globe with the acquisition of Semantria, whose Excel-based sentiment analysis tool offers an easy, affordable way to find out the emotions behind customer satisfaction ratings. Toonimo Raises $2.5M To Liven Up Websites With Custom Cartoons
Toonimo, a startup that says it can make websites more engaging and lucrative by adding custom animations, is announcing that it has raised $2.5 million in funding. The idea is that online visitors might appreciate having a cartoon character who can point out the important parts of a website and walk them through some of the trickier bits — and that, in turn, can lead to increased sales.… Read More
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LinkedIn Acquires Newsle To Deliver More Relevant News About Your Connections
LinkedIn announced today that it has acquired Newsle, the machine-learning startup founded to help users pare down the ample noise coming across social networks and give them relevant info about their most important contacts. The terms of the acquisition were not announced, but LinkedIn says that Newsle will continue to operate as a standalone product for the time being, while both teams work… Read More
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Salesforce Buys Big Data Startup RelateIQ For Up To $390M
The motto at Salesforce.com seems to be if you can’t beat them, buy them. This time the exact target of Salesforce.com’s $390 million desires is the scrappy startup RelateIQ, which uses searches of unstructured data from email, social networks, and calendars to automate large portions of the sales process. The Palo Alto, Calif.-based company raised a significant $40 million… Read More
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HotelQuickly Raises $4.5 Million To Double-Down On Last Minute Hotel Booking In Asia-Pacific
Last-minute hotel booking app HotelQuickly — whose founding team includes two ex-Rocket Internet executives — has raised a further $4.5 million in funding as it doubles-down on the Asia-Pacific market — and, perhaps in the longer-term, keep San Francisco-based and heavily-funded HotelTonight at bay when and if it enters the region. Read More
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David Tisch’s Stealthy Mobile Commerce Product, Spring, Closes $7.5M Series A
David Tisch has been quietly working on a project called Jello Labs for over a year. He hasn’t said much about what the product will be, other than that it involves mobile commerce. However, today we can shed a bit more light on the super stealth project. For one, the product is actually called Spring, with Jello Labs being more of a company name or a placeholder name. Read More
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