Busuu has received $6.5m from McGraw-Hill Education and will incorporate the larger company’s technology into its language learning platform.
Month: July 2015
StellaService rates series C at $15m
StellaService, a US-based provider of customer service ratings for online retailers, secured $15m on Wednesday in a series C round led by Comcast Ventures, the investment vehicle of cable and broadcasting service Comcast. The round also included Norwest Venture Partners, the venture capital firm that manages funds on behalf of financial services provider Wells Fargo;… Continue reading StellaService rates series C at $15m
Alibaba to go mobile with $160m fund
The e-commerce group will target startups developing apps for local services, and will provide an additional $161m in debt through its Ant Financial affiliate.
Cinarra analyses $20m series B
SoftBank has led a series B round for advertising and data analytics company Cinarra, which follows a $4.5m Cisco-backed series A round in 2013.
SoftBank calls time on SoftBank Capital
The unit, which counts Yahoo and Alibaba among its successes, will be wound down in favour of larger investments, the first of which could be in lending platform SoFi.
Accolade boasts of $22.5m in funding
McKesson and Independence Health provided the capital for healthcare marketplace Accolade, which previously received funding from investors including Comcast.
Upstart grows up with $35m series C
The Google-backed lending platform has now raised more than $42m since it was founded in 2012, and has issued $128m in loans.
Eli Lilly reaches Immunocore in $320m fundraise
Oncology-focused biotechnology developer Immunocore has raised the largest ever funding round by a European private life sciences company.
FlyPay orders up $10.7m
Media company TimeOut led the restaurant ordering and payment service’s series A round, and has also signed a strategic partnership with the UK-based startup.
Xiachufang cooks up $30m series B
JD.com has taken part in a series B round for recipe-sharing platform Xiachufang, which previously raised an undisclosed amount in a 2012 series A round.
Intel-backed ApnaPaisa makes journey to Andromeda
Personal loan marketplace ApnaPaisa has been acquired by loan provider Andromeda for an undisclosed sum in a stock and cash deal that allowed Intel to exit.
AnaptysBio breathes in $40m
The asthma and peanut allergy treatment company has now raised $89m in total, after closing a series D round backed by BioMed Realty and returning investor Novo.
Jupai boosts wealth with $53m IPO
Jupai, a China-based wealth management and advisory service backed by Sina and E-House, will float on the New York Stock Exchange later today.
Wacai bolsters finances with $80m
The personal finance management service, which has signed up 100 million registered users, has now raised $130m in its IDG-backed series B round.