Fundings & Exits
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Dropbox Buys E-Commerce A/B Testing Service Predictive Edge, Shuts It Down
Dropbox has made another acquisition: Predictive Edge, a startup that had built a way to personalise e-commerce offerings, along with dynamic pricing, for marketers to send out to users and run A/B tests around them.
The service will be shut down, and the founders will be working on something different, as they note in an announcement on the site. Read More
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Google Buys Songza
Google has acquired music streaming service Songza after weeks of speculation around a potential buyout.
Songza uses information about the user and context to determine the best playlists for you at any given time, all of which are curated by music experts (DJs, Rolling Stones writers, etc.). Read More
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Moven Bags $8M To Take Its Mobile Banking App Overseas
Moven, a startup that aims to make it easier for people to manage their spending by offering money management tools and real-time spending updates in app form, has closed an $8 million Series A funding round, led by SBT Venture Capital. 5-Tiles, The Software Keyboard Targeting Wearables, Picks Up Nokia’s ‘Nav Key’ Inventor As Investor
5-Tiles, another contender taking aim at disrupting the QWERTY with its five key software keyboard, which it hopes will find a home on wearable devices, has picked up ex-Nokia veteran Christian Lindholm as an investor and advisor. CoreOS Raises $8M Series A Round, Launches Managed Linux As A Service
CoreOS, a Linux distribution optimized for very large server deployments, today announced that it has raised a $8 million Series A funding round led by Kleiner Perkins Caufield & Byers with follow-on investments by Sequoia Capital and Fuel Capital. This comes after a previous investment from Andreessen Horowitz and Sequoia Capital last year. Read More
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Mobile, Social News Startup NowThisNews Acquires Video Distribution Platform Cliptamatic
New York-based NowThisNews, a startup looking to reinvent video journalism for the mobile and social era, has acquired a company in a similar space, Cliptamatic, a platform which helps premium content owners distribute video to social media in real-time. Terms of the deal were not disclosed but the acquisition was for equity.
Cliptamatic had raised north of $2 million a few years… Read More
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BlockScore Lands $2M In Funding For Making I.D. Verification Easier
In 2012, about 7 percent of all people aged 16 or older in the U.S. experienced identity theft, with their financial losses totaling $24.7 billion. Christopher Morton is familiar with the crime because in 2007, he had his identity stolen. Fortunately, the thieves were prevented from obtaining new credit cards, but Morton became interested in how identity verification systems work. With… Read More
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Puppet Labs Raises $40M More To Take Its IT Automation Business Global
Puppet Labs, whose IT automation software is used by the likes of Google, Twitter, Salesforce and AT&T among 18,000 others, is today announcing another $40 million in venture backing, money that it will be investing in “engineering, product and international expansion,” CEO and founder Luke Kanies tells TechCrunch.
The funding, which comes from Puppet Labs’ existing… Read More
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ThoughtSpot Grabs $30M In Series B Funding To Modernize Business Intelligence
ThoughtSpot, a startup that hopes to modernize the way companies do business intelligence, announced $30 million in Series B funding today led by Khosla Ventures with help from existing investor Lightspeed Venture Partners.
The funding brings its total to $40.7 million to date. As part of the deal, Keith Rabois, who is a partner at Khosla Ventures, will join the ThoughtSpot board of directors. Read More
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RapidMiner Scoops Up Radoop For Hadoop Analytics Processing
RapidMiner, a big data analytics startup, purchased former partner Radoop, giving it Hadoop processing and access to the Radoop team’s Hadoop expertise. They did not share the purchase price. RapidMiner enables customers to create a data-analytics workflow and grab data from a variety of sources without scripting using built-in connectors, then process that data to see patterns that… Read More
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