US-based on-demand therapist platform Talkspace has closed a $15m series B round that featured telecommunications firm SoftBank, TechCrunch reported yesterday. The round was led by Norwest Venture Partners, the venture capital firm sponsored by financial services firm Wells Fargo, and also included Spark Capital, Metamorphic Ventures and TheTime. Talkspace has built an app that allows… Continue reading Talkspace puts itself on series B regime
Month: June 2016
Twitter floats $70m over to SoundCloud
Music streaming service SoundCloud secured the funding as part of a $100m series E round it is raising at a $700m valuation.
Golden Gate crosses $60m fund target
Golden Gate Ventures has closed an oversubscribed second fund at $60m backed by limited partners including Hanwha Life Insurance, Naver and Hubert Burda Media.
Fenqile consumes $235m in series C round
An undisclosed Chinese insurance provider has co-led a series C round for Fenqile, whose shareholders also include JD.com and Bertelsmann.
Procured Health sources $10m
HCA subsidiary Health Insight Capital co-led healthcare efficiency software developer Procured Health’s latest round, raising its total funding to about $15m.
Yotpo regains Access in $22m series C
The content-based marketing platform took its total funding above $50m in an Access Industries-backed round that will fund hiring and product development.
Hassid rejoins Kashyap at Microsoft
Mony Hassid (pictured), managing director of Qualcomm Ventures in Israel, has left to rejoin his former boss at Microsoft. Hassid is now general manager and MD at Microsoft Ventures in Israel reporting to Nagraj Kashyap, former head of Qualcomm Ventures, the corporate venturing unit of the eponymous chip maker, until earlier this year before he… Continue reading Hassid rejoins Kashyap at Microsoft
Loggly floats to $11.5m
The log management technology provider has now received more than $47m in total venture funding, raising capital from investors including returning backer Cisco.
UPS hits Roadie for $15m series B
App-based courier service Roadie has raised $15m in a UPS-backed round that will be used to grow its capacity and distribution network.
League joins series A club with $25m
Canada-based digital health insurance startup League raised $25m today in a series A round featuring strategic investments from insurance provider Manulife Financial, financial holding company Power Financial Corporation and financial services firm RBC. The round was led by Omers Ventures, the investment arm of Ontario government-owned pension fund Omers. BDC IT Venture Fund, operated by… Continue reading League joins series A club with $25m
Philips rejoins Gilde for $280m Fund IV
Investment firm Gilde Healthcare has closed its latest fund, which features Royal Philips as cornerstone investor and Johnson & Johnson as a limited partner.
DraftKings and FanDuel mull billion-dollar merger
The daily fantasy sports businesses have raised a total of almost $750m from investors including Alphabet, Fox Sports, Time Warner, Comcast and NBC.
Move Loot delivers acquisition news
The second-hand furniture marketplace, backed by Alphabet and IDG, is in talks to be acquired by an as-yet unnamed “symbiotic company”.
Cathay helps free Vivo’s $100m Panda Fund
Vivo Capital’s Panda Fund has attracted commitments from Cathay Life Insurance and Taiwan Silicon Valley Technology Fund, as well as financial institutions and family offices.