The group chat app developer has now raised $22m altogether, after Samsung joined existing backers including Verizon.
Month: January 2015
Vidyard markets $18m series B
Canada-based video marketing platform Vidyard secured $18m yesterday in a series B round led by Bessemer Venture Partners that also included cloud computing company Salesforce.com’s corporate venturing arm, Salesforce Ventures. Omers Ventures, the investment arm of Ontario’s state pension fund, iNovia Capital and SoftTech VC all participated in the round as returning investors. Vidyard will… Continue reading Vidyard markets $18m series B
Trade Me finds sweet Harmoney
Peer-to-peer lending platform Harmoney has raised $10m in a round in which e-commerce company Trade Me acquired a 15% stake.
Alibaba advertises AdChina deal
Alibaba has acquired a majority stake in News Corp-backed digital advertising platform AdChina for an undisclosed sum.
Investors transport $50m to Moovit series C
US-based transit app developer Moovit has secured $50m in a series C round that included Finland-based technology company Nokia’s corporate venturing unit Nokia Growth Partners and automotive company BMW’s corporate venturing arm BMW iVentures. Keolis, a transport group majority owned by railway company SNCF; Bernard Arnault Group, which is backed by luxury goods producer LVMH;… Continue reading Investors transport $50m to Moovit series C
Market casualties Tobira and Regado seek merger
Novo-backed Tobira, which failed to go public last year, plans to merge with another pharmaceutical company, Regado Biosciences, whose stock has fallen to about $1.00.
Linde-backed Bellerophon files for $69m IPO
Bellerophon, which was spun out of biopharmaceutical company Ikaria last year, has filed for an initial public offering on Nasdaq.
Kuaidi Dache confirms $600m in funding
The taxi ordering app operator, which is backed by SoftBank and Alibaba, has refuted reports last week claiming it had raised almost $800m in its latest round.
Etsy prepares to go to market in $300m IPO
The Hubert Burda-backed online handmade goods marketplace has raised more than $90m in venture capital over the last decade.
Instacart picks up speed for $220m series C
Comcast has joined the backers of the same-day grocery delivery service, now reportedly valued at $2bn, as it looks to expand across the US.
Allegro eyes $20m from Hanmi
Hanmi Pharmaceutical has licensed an eye disease treatment from Allegro Ophthalmics, and will make a concurrent $20m investment.
Whistle makes sport of series B
Sport video provider Whistle Sports Network has secured $28m in series B funding from Tengelmann subsidiary Emil, Liberty Global and Sky.
CoLucid clears way for $37m series C
CoLucid Pharmaceuticals, which is working on a treatment for migraines, has secured backing from investors including Novo to take its total financing above the $100m mark.
De Beers opens fifth startup incubator
The South Africa-based diamond producer’s Zimbele initiative, through which it finances local entrepreneurs, has reached the Western Province.