The Take-Two backed social video platform is set to be bought in a deal that would top the $1bn mark.
Author: Mark Chatterley
Novartis helps Sorbent pump in $6.5m
The cardiac drug maker has set a $15m target for the round, and has now raised about $110m altogether
Rebtel spin-out Sinch calls in $12m
Sinch, which enables developers to incorporate free calling and messaging into their apps, has spun out of Rebtel with a round also backed by Index and Balderton.
OpenDNS closes $35m series C
Cisco has joined the backers of the domain name services provider in a round that also included several previous investors.
VCNC pairs off with investors for series C
The DeNA-backed app developer has completed is series C round, and will use the capital to develop its couples app, Between.
Digital marketing company Adsame raises $30m
Adsame, backed by SIG China, has raised $30m in series C funding to work towards a US initial public offering.
Plehn sailing as he joins GE Capital
Robert Plehn has left financial services firm Lloyds to head up General Electric subsidiary GE Capital’s capital markets team.
CyanogenMod raises $23m for Android alternative
Tencent contributed to a series B round for CyanogenMod that brings the company’s overall funding to $30m.
Yongche reserves $60m
Ctrip has joined Qualcomm as an investor in Yongche, which has now raised about $86m.
Alibaba calls 1stdibs in $15m series C
The online luxury consumer site’s latest round was funded by Alibaba, and 1stdibs has now raised almost $120m according to Re/code.
United forms $11m fund
The Japan-based app developer will target areas including e-commerce and online-to-offline technologies through the Rakuten-backed fund.
Citrus Pay refreshes with $5.5m
The payment services firm has now secured $7.5m, after gaining investment from two Japanese corporates.
Michelin takes sizeable minority stake in Symbio FCell
Michelin’s stake in the fuel cell system developer, garnered for an undisclosed sum, is said to be “significant”.
Shareablee socialises with Softbank for $6m series A
The social marketing analysis startup has closed a $6m led by Softbank Capital, which it will use to develop its product and expand beyond the US.