Accenture Ventures and existing investor First Data both participated in a round that increased the banking platform developer’s total funding to $42m.
Month: January 2019
StreamElements tunes into series A funding
Samsung Next partcipated in an $11.3m round that will be used to expand to the livestreaming production platform’s roster of brand partnerships.
Barclays to give startups a Rise
Rise Growth Investments will back each cohort of Barclays tri-national fintech accelerator scheme with a total of up to $13.2m of funding.
MásMóvil hooks up Másventures accelerator
MásMóvil has established a startup accelerator after rising to become Spain’s fourth biggest telecommunications player.
SBI converts $15m to BRD funding
The Credit Saison and OKWave-backed cryptocurrency wallet developer has collected $15m from SBI Crypto Investment to fund its expansion in Asia.
Corporates spice up Cinnamon’s $15m series B
The document-reading software developer plans to expand in the US after a round featuring TIS, Sony, Itochu, SBI, Sumitomo Mitsui Financial Group, Bank of Fukuoka and Nomura Group.
Verily to expand Partner Space
Alphabet’s healthcare spinoff, Verily, is doubling the amount of companies in its investment and collaboration hub to about 15 participants.
Featurespace authenticates new funding
Worldpay-backed fraud detection software provider Featurespace won $32.9m from investors including commercialisation firm IP Group to bring its overall funding to $70.9m.
Whistle channels New Form with acquisition
Video content studio New Form’s investors, including ITV and Discovery Communications, have become shareholders of Whistle following the acquisition.
Maoyan gets $250m for IPO ticket
Maoyan is floating in Hong Kong at the bottom of its range, in an offering that will provide exits to Enlight, Tencent and Meituan Dianping.
Japan Airlines propels $70m to strategic fund
The air carrier aims to enhance the consumer travel experience by targeting startups internationally, following investments in Boom Supersonic and iSpace just over a year ago.
Naspers fully absorbs Avito in $1.16bn deal
Naspers subsidiary OLX has fully acquired classified listings platform Avito, six years after Naspers paid $50m for a minority stake and four after it took a majority share.
Cisco greets Kustomer in $35m series C
Cisco Investments took part in the customer relationship platform developer’s series C round, which increased its total funding to approximately $74m.
Raystone Capital raises $148m for AI fund
Corporate-backed asset management vehicle Raystone Capital will invest in artificial intelligence developers through the fund, which secured capital from several state-owned funds.