Astremedia, RTL Germany and German Media Pool have taken stakes in the Channel 4-backed recruitment platform in return for advertising space.
Month: March 2017
Editorial: Venture and maturity go hand-in-hand
Venture capital is risk management and the finest exponents of the practice are still in Silicon Valley, California. Plenty of things with entrepreneurial companies can, and often do, go wrong but being aware of what these issues are hopefully allow for more sensible pricing and funding of these companies. David Mes, managing partner at secondaries… Continue reading Editorial: Venture and maturity go hand-in-hand
InterCloud connects to corporates for series B
Bpifrance and SNCF have contributed to a $10.6m round for InterCloud, which will use the cash to support further expansion efforts across Europe.
Big Deal: iFlix inflates funding with $90m
The streaming service plans a quick geographic expansion after closing funding from Liberty Global, Sky, new strategic partner Zain and founding partners Evolution Media and Catcha.
LawGeex signs off on $7m series A
Recruit Holdings has invested in the automated contract review startup’s series A round, closed just four months after its $2.5m seed round.
Dream Payments wakes up with $10m
Fairfax Financial Holdings’ venture capital arm led the series A round, which will support the cloud payment platform’s expansion from Canada into the US.
Intel helps fill Goldbely series A with $10m
Intel Capital co-led the round through its Diversity Fund, investing through its Diversity Fund four years after leading Goldbely’s $3m seed round.
ACV Auctions closes series B at $15m
The SoftBank-backed used car auction platform has raised $15m in a Bessemer Venture Partners-led round that will support geographic expansion and hiring.
Fenqile to fetch $600m in US flotation
The instalment buying-based e-commerce platform is reportedly preparing for an IPO in the US that will allow Bertelsmann and JD.com to exit.
Cloudera begins IPO climb
The Intel and Alphabet-backed big data technology provider has confidentially filed paperwork for an offering likely to value it at more than $4bn.
News round up 13 March 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Currencycloud cashes $25m in series D funding
GV has led a series D round for payments platform Currencycloud, which has also secured repeat investment from Rakuten and Sapphire Ventures.
Legend Capital helps ship $36m to Fuyoukache
Trucking logistics company Fuyoukache has closed a series C round led by the corporate venturing unit with participation from Global Logistic Properties.
Roc Nation decrees a start to venture investment
The entertainment agency has formed a startup services and investment unit called Arrive and has plans to establish a formal venture capital arm in future.