Walmart’s incubator, WalmartLabs, has made its 14th acquisition in three years, acquiring social retail platform Luvocracy for an undisclosed amount.
Month: July 2014
Snapchat in talks with Alibaba over mega round
Alibaba could make Tencent-backed Snapchat its latest US portfolio company in a round that would value the picture messaging app at $10bn.
First Data buys Gyft for itself
Digital gift card manager Gyft has been acquired by First Data for an undisclosed amount, providing an exit to seed investor Google Ventures.
BDO chases 1 Vision for $10.7m investment
IT company 1 Vision has become the first investment for BDO’s corporate-backed Development Capital Fund.
Spire reaches for stars with $25m series A
Satellite-powered data company Spire has secured $25m from a series A round supported by Mitsui and Qihoo 360.
BaubleBar decorated with $10m B round
Jewellery website BaubleBar has raised $10m in a series B round supported by Comcast Ventures, and has now received $16.5m in overall funding.
Cubic Telecom to shape growth with $5m funding
Qualcomm and Sierra Wireless provided the funds, which the mobile connectivity company plans to use to expand internationally.
Helijia nails $5m series A
The online manicure booking service has raised $5m in an IDG-led series A round, and will use the funding to expand in its home country of China.
ThetaRay detects $10m for US expansion
Cybersecurity service ThetaRay has raised $10m in a series B round featuring General Electric.
Corporates hit Accelerator for $51m fund
Investors including Eli Lilly, Pfizer, Johnson & Johnson have backed the fourth fund to be raised by early-stage biotechnology investor Accelerator Corp.
MUFG hires Lipton for corporate advice
Jeff Lipton has joined the MUFG team in New York as managing director of its corporate advisory group.
Proteus Digital closes $172m series G round
Proteus, previously backed by investors including Otsuka, Novartis, Medtronic, Itochu and Kaiser Permanente, has now secured more than $300m in total.
Beats acquisition music to Universal’s ears
The music conglomerate reportedly owns a 14% stake in Beats, which would net it a $448m windfall when it gets acquired by Apple.
Nosto brings $5.5m series A to market
The online marketing startup has now raised approximately $8.3m from two rounds featuring Sanoma.