Symantec-backed Backupify has been acquired by backup and disaster recovery service Datto for an undisclosed sum.
Author: Thierry Heles
Bona to help distribute $100m
Yu Dong, chairman of China-based film distributor Bona Film has launched a $100m media and entertainment fund that is set to be backed by Bona and Chia Tai.
Momo connects to Nasdaq
Social network Momo raised $216m from an IPO and an extra $60m in a private placement to Alibaba and 58.com when it floated in the US last week.
University Corner: Patience is a virtue under the summit spotlight
Investors, tech transfer experts, industry leaders and heads of spin-out companies gathered at the Crystal in east London for the second annual global University Venturing Summit
Nok Nok opens door for Lenovo
Computer maker Lenovo has made its second investment in online authentication company Nok Nok Labs, which received $8.25m in its series C round.
Qubole processes $13m for series B
Wells Fargo-backed venture firm Norwest Venture Partners has led a $13m series B round by the big data company, which has increased its total funding to $20m.
Etoro trades up with $27m
Ping An and Sberbank both committed funds to the latest round raised by social trading platform Etoro, which has now raised almost $62m in total.
BaoJia drives away with $30m
China-based peer-to-peer private vehicle rental platform BaoJia has secured $30m in a series A round that featured online listings company 58.com, China Money Network has reported. Insurance company Ping An Insurance and venture capital firm Qiming Venture Partners also participated in the round. 58.com CEO Yao Jinbo previously participated in BaoJia’s $5m angel round in… Continue reading BaoJia drives away with $30m
Helium blows up $16m series A
Internet of things technology developer Helium has attracted internet holding company Digital Garage to its $16m round.
Hired.com recruits Comcast for series B
The online human resources marketplace has now secured $30m in funding this year, after Comcast joined Google as an investor in the company.
DB Networks protects $17m for series C
Citi Ventures joined the cybersecurity technology developer’s investors as it followed a $4.5m series B round raised almost two years ago.
Samsung charges up Seeo series E
Seeo secured $17m in a round that will support commercialisation of its lithium polymer batteries for use in electric vehicles.
ThousandEyes spots funding for $20m series B
Salesforce contributed to the network management company’s series B round, which will support growth and enhance product development.
Reliance to exit online travel company Yatra
The conglomerate is set to make a 12x profit on its $6.4m investment, made in 2006.