Kaiser Permanente led the asset management platform developer’s series B round, investing alongside existing investors GE Ventures and ServiceNow Ventures.
Month: July 2019
Thomson Reuters ignites investment program
TR Ignite will target Asia Pacific-based legal and regulatory technology startups, investing up to $250,000 in each successful applicant.
Scherrer shoots to Redstone
Martin Scherrer, who started his investing career at Swiss Re’s investment arms, has joined Redstone as a Switzerland-based director.
Aspen Technology snaps up Mnubo
Aspen has agreed to buy the Munich RE-backed IoT data analytics provider in a deal worth $78.2m, weeks after acquiring Sabisu’s digital workspace platform.
InCountry takes home $15m series A
Data compliance software developer InCountry has raised $15m in its series A round, three months after closing a $7m seed round that featured Bloomberg Beta.
Didi Chuxing aims to pick up $2bn
Didi Chuxing is seeking up to $2bn from investors at a flat valuation, which was a reported $56bn when the company last raised capital in July 2018.
Douyu wins $775m IPO game
Tencent-backed Douyu has successfully listed on Nasdaq after completing a $775m initial public offering that came after economic tensions forced a delay earlier this year.
Fifth Wall constructs $503m fund
More than 50 corporates have thrown their weight behind Fifth Wall Ventures’ second fund, which has achieved a $503m close to invest in proptech developers.
N26 recounts $470m series D
Tencent and Allianz X, both backers in the first $300m series D tranche, have returned for a $170m extension that boosted N26’s valuation to $3.5bn.
Turo takes series E show on the road
IAC has provided $250m in series E funding to Turo, bringing the GV and American Express-backed car sharing platform’s total funding to $458m.
Paytm Mall sells stake to eBay
The online retailer has added eBay to its shareholders after the online auction platform purchased a 5.5% stake in return for a reported $150m to $200m investment.
8×8 locks in Wavecell acquisition
8×8 has acquired cloud-based communications technology provider Wavecell in a $125m cash and stock deal, allowing Telkom Indonesia’s MDI Ventures to exit.
Icertis inks $115m series E
Eight Roads Ventures and Boston Consulting Group’s B Capital took part in the series E round, which increased the cloud-based contract management platform’s valuation to more than $1bn.
ExaWizards casts $15m series B funding
Investors such as Persol and Sompo have provided series B capital for ExaWizards, a developer of AI technology that caters to the elder care service industry.