The recommendation-based e-commerce platform is already backed by Tencent and plans to raise $200m or more at a $2.5bn+ valuation.
Author: Robert Lavine
Baidu begins $500m fund
Changcheng Investment Partners is an independent firm sponsored by Baidu and managed by its ex-CFO that will target internet and artificial intelligence.
DocuSign seals $629m IPO
Comcast Ventures and GV are both selling shares in an upsized offering that will give the digital signature technology developer a $4.4bn market cap.
BigCommerce sells investors on $64m round
Goldman Sachs Private Capital Investing led a round that boosted SoftBank, Telstra and Amex-backed BigCommerce’s overall funding to $219m.
Innovium gets $77m series D intake
Qualcomm Ventures, an investor in the data centre switch producer since its series A round, returned to help boost its total funding to $165m.
PlaySight hits $21m in series C round
SoftBank Ventures Korea and CE Ventures added $10m to the sports analytics technology developer’s Verizon-backed first close last June.
Singulato sources series C funding
The Qihoo 360-backed electric vehicle developer is set to close a $474m round in May this year, according to its founder and CEO.
Savari savours corporate participation in $12m round
The automotive sensor developer secured funding in an Aviva Ventures-led round that included SAIC Capital and Flex.
Doctor on Demand makes $74m funding call
Qualcomm Ventures returned to back the virtual helathcare platform’s series C round, bringing its overall funding to $160m.
Clark draws $29m in series B round
The insurance management platform, backed by ProSiebenSat.1 and Axel Springer at series A stage, has now raised $45m altogether.
Pivotal sticks a pin in $638m IPO
The underwriters have bought 5.5 million more shares, allowing the EMC spinoff to close its initial public offering.
Didi Chuxing considers IPO ride
The on-demand ride provider, which is backed by a host of corporates, could float as soon as this year with a valuation of $70bn to $80bn.
Thayer Ventures scores Grass as venture partner
Katherine Grass, global head of innovation for Amadeus Group and founder of its corporate venturing unit, has joined VC firm Thayer Ventures.
Capital Float raises series C to $67m
Amazon has supplied $22m to help the business lending platform boost its latest round to $67m and its overall funding to almost $110m.