Sapphire Ventures has celebrated an exit following the acquisition of portfolio company Ping Identity by Vista Equity Partners.
Month: June 2016
ServiceNow secures BrightPoint acquisition
BrightPoint, backed by EMC and originally known as Vorstack, is set to be acquired in all-cash transaction by ServiceNow.
Blued flirts with investors for series C
China Mobile Games and Entertainment Group has contributed funds to a series C round of undisclosed size in the social networking app developer.
SenseLuxury books series B
SenseLuxury, a China-based luxury holiday home rental platform backed by telecoms firm ZTE, closed a series B round of undisclosed size yesterday with the full sum provided by private equity fund GoHigh Fund. SenseLuxury allows users in China to rent luxury villas and flats abroad. The service currently lists approximately 2,000 handpicked villas in 150… Continue reading SenseLuxury books series B
21st Century Fox curates series B for TheSkimm
TheSkimm, a curated news platform aimed at millennials, moves towards video with an $8m series B round led by 21st Century Fox.
Qingsongchou campaigns for funding
Tencent and IDG have contributed to a $20m series B+ round for crowdfunding platform Qingsongchou.
USens disseminates $20m series A
US-based virtual reality (VR) technology producer USens raised $20m yesterday in a series A round led by Kinzon Capital, the venture capital fund backed by conglomerate Fosun. The round also featured ARM Innovation Ecosystem Accelerator, an initiative by chip maker ARM and smart devices platform Thundersoft, as well as Maison Capital, Great Capital, Fortune Capital,… Continue reading USens disseminates $20m series A
Droom gears up for series B
India-based second-hand car markerplace Droom has secured between $25m and $30m in series B funding from a consortium featuring internet company Digital Garage, TechCrunch reported today. Beenext, a fund backed by e-commerce company Beenos, and Lightbox returned for the round after previously co-leading a $15.6m series A round in July 2015. Founded in 2014, Droom… Continue reading Droom gears up for series B
EarlySense detects $25m
Corporate-backed EarlySense has closed a $25m funding round led by financial services firm Bank Hapoalim and backed by a range of existing investors.
Romulus builds $75m fund
The fund has been backed by a range of unnamed Asia-based conglomerates and will focus on technology startups.
Uber flags down $3.5bn investment
US-based ride sharing app producer Uber has received a $3.5bn investment from Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, TechCrunch reported today. The cash injection is part of Uber’s latest round, though a target size has not been revealed. It marks the largest single investment in the company to date and… Continue reading Uber flags down $3.5bn investment
The Future of Transport and the Connected Car
McLaren Applied Technologies, Jaguar Land Rover and Hyperloop discuss the future of transport at the connected car at the Venturespring Connected Car Forum
Metamaterial Technologies manufactures Rolith acquisition
US-based nano-engineering company Rolith, whose shareholders include glass, chemicals and electronics manufacturer Asahi Glass, has been acquired by smart materials producer Metamaterial Technologies. Financial terms of the acquisition have not been revealed. The deal includes Rolith’s intellectual property, tools, research and development facilities and key employees. Spun out of Stanford University in 2008, Rolith has… Continue reading Metamaterial Technologies manufactures Rolith acquisition
Simply Hired lets go
The job search engine that has grown to 30 million users and raised funding from investors including IDG is shutting down towards the end of the month.