Alrai and Wells Fargo Strategic Capital contributed to a series C round that took the working space provider’s total funding to $156m.
Month: February 2018
Cloudian closes $125m in debt and equity
Digital Alpha Advisors invested $25m in the Intel and Lenovo-backed data management platform, which has also secured $100m in debt.
SK Telecom helps IDQ crack $65m funding code
Cryotography technology provider ID Quantique has agreed to a $65m investment plan by SK Telecom, which will reportedly own more than 50% post-investment.
Genesis Healthcare generates new funding
Strategic partner Omron and existing backer Rakuten have invested $15.4m in the genetic testing services provider at a $392m valuation.
Gaana garners $115m
Tencent is joining founding investor Times Internet to provide $115m for the India-based music streaming platform, which is also backed by Micromax.
Glassdoor to recruit banks for IPO
CapitalG-backed hiring platform Glassdoor has initiated talks with banks that could manage an initial public offering in the second half of 2018.
VCG gets 500px in $17m shot
Photo sharing platform 500px, which had raised $22m from investors including Visual China Group and CAA, has been acquired by the former.
Ring provides billion-dollar answer for Amazon
Amazon has agreed to pay upwards of $1.2bn for the smart doorbell maker, which counts the corporate’s Alexa Fund among its investors.
IQiyi targets $1.5bn as it joins IPO queue
The online video streaming platform is majority owned by Baidu but counts Xiaomi as its second largest investor.
Nio revs engine for $2bn IPO
The smart vehicle developer, backed by Tencent, Baidu, JD.com and Lenovo, has hired banks for an IPO expected to raise between $1bn and $2bn.
Statkraft finds a spot in ParkBee’s series A
The Netherlands-based parking spot finder has closed a $6.1m round led by Statkraft Ventures that will fund hiring and a UK expansion.
Meritize mints $6.8m seed round
College Loan Corporation and Educational Credit Management Corporation are among the investors in the student lending platform.
Gabi grabs $9.5m in series A round
Northwestern Mutual Future Ventures and Securian Ventures backed a round that will fund the insurance comparison platform’s domestic expansion.
Rocket Internet shifts $242m of Delivery Hero shares
The e-commerce holding group has now sold nearly $1.2bn of its shares in the publicly-listed food delivery platform, having invested $568m in 2015.