Wells Fargo Strategic Capital and Salesforce Ventures joined existing backer NEA for a round that will help the asset management platform grow globally.
Author: Robert Lavine
CreditEase accesses Upgrade in $62m series C
The corporate’s strategic investment fund led a round that valued the consumer credit platform at $500m, taking its total funding to $142m.
Eventbrite enters itself for $200m IPO
The Square-backed event ticketing management software provider has disclosed almost $360m in venture funding.
Alibaba and SoftBank christen new vehicle with $3bn
Alibaba spinoff Koubei has joined forced with the corporate’s newly acquired Ele.me, with more than $3bn from Alibaba and SoftBank.
Dada Room moves into Roomi
Wayra, the accelerator subsidiary of telecommunications firm Telefónica, has exited Mexico-based online shared accommodation portal Dada Room in an acquisition of undisclosed size by US-headquartered counterpart Roomi, Entrepreneur has reported. Founded in 2012, Dada operates an online platform that allows users in Mexico, Brazil, Argentina, Chile, Colombia and Peru to find housemates or shared houses.… Continue reading Dada Room moves into Roomi
Hyundai drives Revv to series B
On-demand car rental service Revv has secured $14.3m in a round led by carmaker and new strategic partner Hyundai.
Nylas nails down series B funding
Slack was among the participants as the application communications technology developer raised $16.2m to more than double its overall funding to $30m.
USAA returns to Robin Systems in $17m round
Application management software provider Robin secured funding in a USAA Ventures-led series B round that took its total funding to $39m.
Latch admits corporates to $70m series B
Property developers Tishman Speyer and Camber Creek took part in a Brookfield Ventures-led round that boosted the security system developer’s total funding to $96m.
One Medical makes $350m appointment with Carlyle
Carlyle Group is investing up to $350m in healthcare provider One Medical through a primary and secondary share deal.
Alibaba allots substantial capital to Trendyol investment
Alibaba’s investment in Trendyol has been revealed to be a majority stake acquisition that valued the e-commerce marketplace at $750m.
Drone Fund seeks out $45m close
KDDI, Sega Sammy, Aucfan, Japan Asia Group, Leave a Nest and Nihon Unisys are all backing the fund on its way to a projected close next month.
Ascension pushes Renovia to $32m series B
Renovia, a developer of technology to treat pelvic floor disorders, raised money in an Ascension Ventures-led round backed by OSF Ventures.
Latitude gets Sinar Mas assistance for $200m fund
Latitude Venture Partners, a growth-stage venture capital affiliate of Sinar Mas, has raised $200m for its inaugural fund.