Atlanta based online loan provider Kabbage, has concluded a series C round totaling $30m in equity with Thomvest Ventures as lead investor, and backing from logistics company UPS’s corporate venturing unit.
Author: Sida Liu
Lilliputian sees growth after raising $40m
Massachusetts based tech firm Lilliputian Systems raises $40m from investor including Intel, as part of a planned $60m series C equity round, plans Moscow expansion.
YourMechanic wins TechCrunch prize after locking up $1.8m
CrunchFund, which was set up with the backing of technology company AOL, helps YourMechanic raise $1.8m.
Citrix invests in CumuLogic
US virtual computing provider Citrix invests an undisclosed sum in Cupertino based cloud software provider CumuLogic.
Rocket-Internet’s Payleven makes global push
Credit card payment system Payleven has now launched in the UK, Netherlands, Poland and Brazil, after being trialed for six weeks in its home market, Germany. The system uses an add-on card reader for smartphones coupled an app to enable users to credit merchants over the 3G mobile phone network in exchange for a percent… Continue reading Rocket-Internet’s Payleven makes global push
RingCentral secures Joseph Kennedy as board member
The chief executive of Pandora has joined the Cisco-backed company’s board.
Xange makes Nicolas Debock chargé d’affaires
Xange Private Equity, the corporate venturing unit of France’s main post office has appointed Nicolas Debock as Chargé d’affaires, according to his profile on L’Agefi. Debock has worked with Xange for three years and at its parent LaPoste for five years, according to his LinkedIn profile.
Canvera strikes a pose with Info Edge
India-based e-classifieds company helps photography firm Canvera Digital Technologies get to $13m raised in total.
L Capital Asia swings by Jones the Grocer
The LVMH-backed Asian investment firm backs the Australia-based food retailer.
OATV shepherds Sherpaa to $1.85m
New York-based healthcare plan selection startup Sherpaa has received $1.85m from O’Reilly AlphaTech Ventures, the corporate venturing unit of O’Reilly Media, and venture firms Collaborative Fund and First Round Capital. O’Reilly AlphaTech Ventures led the round. According to a blog post by Robert Bryce, managing director at O’Reilly AlphaTech Ventures and a personal acquaintance of… Continue reading OATV shepherds Sherpaa to $1.85m
Delivery Hero eats up €40m
The corporate venturing unit of Germany-based retail company Tengelmann and Russia-based technology company Ru-Net have helped online takeaway service Delivery Hero raise €40m ($50.2m), in series D funding led by Kite Ventures. The round brings in venture debt provider Kreos Capital and doubles Delivery Hero’s total funding to €80m. Delivery Hero’s previous investors as well… Continue reading Delivery Hero eats up €40m
Telefonica selects 9 startups for Wayra, Munich
The nine finalists of Wayra Germany are detailed by the Spain-based telecoms group.
Chenal Media secures $7m
The media company which spun off from Chenal Brands in 2010 raises $7m.