Human resources firm Recruit, which acquired a 7% stake in restaurant reservation platform Quandoo in October, has elected to buy the entire company.
Month: March 2015
HGST stores away Amplidata
Disk drive manufacturer HGST has agreed to acquire Amplidata, a US-based data storage software developer backed by disk drive manufacturer Western Digital, semiconductor maker Intel and telecommunications service Swisscom. Financial details of the transaction, which is expected to close in the first quarter of this year, have not been disclosed. Amplidata has developed a software… Continue reading HGST stores away Amplidata
Grifols pumps $50m into Alkahest
The pharmaceutical company has acquired a 45% stake in Alkahest, which aims to fight diseases using plasma transplants from younger patients.
Nextdoor closes $110m series D
The neighbourhood-based social network took its total funding to $210m with a Comcast-backed round raised at a $1.1bn valuation.
Homemade goods marketplace Etsy files for IPO
The homemade and vintage goods marketplace, backed by investors including Hubert Burda, is likely to increase the IPO target of $100m as it gets closer to floating.
Farfetch reaches for $86m
UK-based fashion e-commerce company Farfetch has raised $86m in series E funding from investors including media company Condé Nast International, Business of Fashion reported today. Investment firm DST Global led the round, which also featured private equity firm Vitruvian Partners, and which reportedly valued Farfetch at $1bn. Farfetch operates an e-commerce platform that sells clothes… Continue reading Farfetch reaches for $86m
Vserv increases series B round to $15m
Maverick Capital has joined existing backers including IDG Ventures India to boost the mobile advertising company’s series B round to $15m.
Linkable Networks its way to $11.7m
Citi-backed electronic coupon and voucher company Linkable plans to double its staff using the cash, which took its overall funding above the $50m mark.
Tempered stays calm with $15m series A
The network infrastructure company’s IDG-backed series A round will enable it to expand its sales and marketing efforts as well as hire more engineers.
Merck helps treat Daktari to $15.5m
US-based diagnostic testing company Daktari Diagnostics raised $15.5m in a series D round co-led by pharmaceutical conglomerate Merck’s Global Health Innovation Fund on Monday. Real estate loans provider Eastern Capital co-led the round, which also included Partners Innovation Fund, an investment unit belonging to Brigham and Women’s Hospital – the teaching hospital affiliated with Harvard… Continue reading Merck helps treat Daktari to $15.5m
Unilever gets under Ren Skincare
The skincare brand, formed in 2000, will be bought by the consumer goods company and overseen by corporate venturing unit Unilever Ventures post-acquisition.
First Data signs up for Booker series C
Cloud-based marketing platform Booker boosted its total funding to $77m with a $35m series C round backed by First Data’s corporate venturing unit.
Veracode files for May IPO
The Symantec and Rovi-backed, cloud-based cybersecurity software producer has confidentially filed for an initial public offering according to a report.
RockYou wins funding game with $23m
SoftBank and SK Telecom-backed in-game advertising company RockYou has increased its funding to more than $160m after raising $23m.