Telstra was among the investors in the cloud app security company’s $30m series B round, which will be used to expand its workforce.
Month: March 2015
Alibaba begins talks for $1bn Snapdeal investment
Alibaba would invest the cash at a valuation of about $5bn, only months after SoftBank invested $627m in Snapdeal at a $1.9bn valuation.
Google begins acquisition talks with InMobi
Mobile advertising platform InMobi, which has received more than $200m in funding from SoftBank, would be valued at up to $2bn in the deal.
Careem picks up $10m
Al Tayyar and Saudi Telecom were the investors in a series B round that will be used by the chauffeur service to support an expansion into new markets.
Pengai seeks cash injection from IPO
Cosmetic surgery chain Pengai Hospital Management is set to go public in Hong Kong after raising $13.6m from investors including IDG.
Bitcoin technology developer 21 reveals $116m in funding
Qualcomm is one of the investors backing 21, which is still operating in stealth but is reportedly looking to harness bitcoin technology for consumer products.
Simplivity eases into $175m series D
The Swisscom-backed IT infrastructure technology provider raised the cash at a valuation of more than $1bn, and has now secured $276m in funding altogether.
Insulin pump maker Valeritas sets IPO range
Kaiser Permanente-backed Valeritas could raise up to $80m from the initial public offering, and will use the lion’s share to market its insulin delivery device.
Oliver Sweeney dons $5.7m
The bank-backed Business Growth Fund has invested in the UK-based menswear brand, taking a minority stake of undisclosed size in the company.
Jiemi markets series A to IDG
IDG Ventures has invested an undisclosed sum reportedly sized at several million dollars in the e-commerce company.
RayVio turns on for $9.3m series B
The ultraviolet disinfection technology company raised the cash in a round featuring Applied Materials’ corporate venturing arm.
Sprint catches startups for Mobile Health Accelerator
Telecommunications company Sprint has revealed the 10 startups that will take part in its Techstars-powered Mobile Health Accelerator, with up to $120,000 on offer for each.
Catalyst Biosciences merges with Targacept
Novartis and Johnson & Johnson-backed Catalyst has signed an agreement to form a newly merged company with Targacept, and will retain a majority stake of 65%.
SoFi lines up $500m IPO
The Renren-backed alternative lending platform is looking to go public later this year at a $3.5bn valuation, more than double that at which it raised money last month.