European Investment Bank has invested $27.2m in the database technology provider, which counts Intel Capital among its earlier backers.
Month: May 2017
Smule makes friends with Tencent to secure $54m
The social music app developer has raised $54m in a Tencent-led round that valued it at $604m and will now look to expand in Asia.
River Vision flows into Horizon in $145m deal
Horizon Pharma has agreed to pay $145m upfront to buy River Vision Development Corp, enabling GlaxoSmithKline and Lundbeck to exit.
Star48 rises to series C round
Existing investor Legend Capital has contributed to a series C round of undisclosed size for China-based entertainment provider Shanghai Star48 Culture and Media.
MobiKwik meets investors for nine-figure round
The corporate-backed mobile payment platform is reportedly in talks with BlackRock, Bank of Baroda and Canara Bank for funding at a $1bn valuation.
Cabify collects $100m fare
The Rakuten-backed ride hailing service, valued at $320m as of April 2016, is reportedly raising up to $500m in a series D round that will fund Brazilian expansion.
Innogy Ventures comes back to Move24
Innogy has led the $14.2m first tranche of the relocation services provider’s series C round, which is expected to achieve a final close in the next two months.
Heap stacks $27m in series B round
Salesforce and WME-backed Heap has boosted its total funding to more than $40m with a $27m series B round co-led by Menlo Ventures and New Enterprise Associates.
GV picks out Abundant Robotics in $10m round
Robotic fruit harvester startup Abundant Robotics has raised $10m in a series A round led by GV that included BayWa and Yamaha Motor Company.
Corporate investment bears fruits in Persimmon acquisition
Intel, ABB and Nidec Sankyo have exited Persimmon Technologies in an acquisition by Sumitomo Heavy Industries valued at almost $32m.
Shotspotter targets public markets
The Motorola Solutions-backed gunshot detection software provider plans to raise up to $34.5m in an initial public offering on Nasdaq.
Next Insurance nabs corporates for $29m series A
Munich Re/HSB Ventures has led a round that included Markel and Nationwide, and which boosted the business insurance startup’s total funding to $42m.
Kobalt signs up Hearst for $75m series D
Hearst Entertainment has led a round that valued GV-backed music royalty collections platform Kobalt at $775m post-money.
Sea absorbs $550m in cash
JG Summit Holdings and Uni-President Enterprises were among the investors as Tencent-backed internet company Garena rebranded to Sea and raised new funding.