Data analytics provider Alteryx has filed for an initial public offering on the New York Stock Exchange, providing an exit to Thomson Reuters and Sapphire Ventures.
Month: February 2017
Oyo Rooms books up to $500m
The hotel aggregation platform is in talks with the SoftBank Vision Fund for an investment that could range from $300m to $500m.
Corporates help distribute $12m to Enbala
ABB has led a series B round for Enbala that also featured GE and National Grid.
Wix draws up DeviantArt acquisition
DeviantArt, a US-based online community for artists that is backed by design software company Autodesk and video technology producer DivX, has been acquired by cloud-based web development platform Wix. Wix paid approximately $36m in cash for DeviantArt, including some $3m in assumed liabilities. Founded in 2000, DeviantArt operates a website that enables artists and designers… Continue reading Wix draws up DeviantArt acquisition
Monzo banks on Orange for $24.5m
Orange Digital Ventures has supported a $24.5m funding round ahead of a $3.1m equity crowdfunding campaign.
Ola moves forward with $330m
SoftBank has contributed to another funding round for Ola, which has seen its valuation drop by 30% from $5bn to $3.5bn.
Next Games to score $31.7m IPO
The mobile game developer is seeking a flotation in Helsinki, providing an exit to Lionsgate, AMC, IDG Ventures and IDG Capital.
Foxconn acquires SoftBank Asia Capital
Foxconn is set to acquire a majority stake in the fund in return for $600m, with the deal expected to close on March 1.
Big Deal: Ant Financial commits $200m to Kakao Pay
Last week, Ant Financial, the financial services affiliate spun off by New York-listed, China-based e-commerce group Alibaba, agreed to invest $200m in Kakao Pay.
Qualcomm launches virtual reality headset accelerator
The wireless technology developer is offering its Snapdragon 835 headset as a reference design to foster new products developed in just a few months.
News round up 27 February 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Compath.me journeys to Mixi
Mixi has purchased the family photo service provider for an undisclosed sum, providing an exit to Beenos, Architype, United and Digital Garage.
MakieLab bows out
The custom doll manufacturer, backed by Disney, has reportedly been acquired by the corporate.
Mahle acquires O-Flexx
Emerald Technology Ventures has secured an exit as O-Flexx is acquired by Mahle for an undisclosed sum.