AAA January 2015 – Page 5

SoftBank goes shopping at WorkMarket

US-based freelance and contractor management platform WorkMarket raised $20m in series C funding on Wednesday from investors including SoftBank Capital, the corporate venturing arm of telecommunications company SoftBank. The round was led by Union Square Ventures and also featured Spark Capital, Industry Ventures and Silicon Valley Bank. WorkMarket received $10m from a 2013 series B… Continue reading SoftBank goes shopping at WorkMarket

Bauer dresses Navabi’s series D in $28.5m

Germany-based online fashion retailer Navabi secured €25m ($28.5m) in a series D round on Wednesday led by Bauer Venture Partners, the corporate venturing unit of publishing group Bauer Media. Bauer’s investment includes an advertising budget that will give Navabi access to Bauer’s portfolio of 600 magazines and 400 digital products. Index Ventures, Seventure Partners, DuMont… Continue reading Bauer dresses Navabi’s series D in $28.5m

Data centre technology developer Pluribus raises $50m

US-based networking technology company Pluribus Networks raised $50m yesterday in a series D round backed by telecommunications equipment producer Ericsson and turnkey data centre infrastructure provider Newtech. The round was led by Temasek Holdings, an investment company owned by Singapore’s Ministry of Finance, and also featured existing investors New Enterprise Associates, Menlo Ventures, Mohr Davidow… Continue reading Data centre technology developer Pluribus raises $50m