Xiaomi-backed wifi network operator WiWide has raised $49m in a series C round funded by Tencent and Dianping.
Author: Thierry Heles
Airtel Nigeria to help launch app startups
Airtel Nigeria, a subsidiary of Indiabased Airtel, has launched a programme that will invest in Nigeria-based mobile app developers.
Whipclip snips $20m from investors
US-based TV-clipping startup Whipclip has raised $20m at a $100m valuation from investors including Raine Ventures, the corporate venturing unit of merchant bank Raine Group, according to Recode. Talent and literary agency William Morris Endeavor also participated in the round, which included funding from Institutional Venture Partners, Ziffren Brittenham, Greycroft Partners and several angel investors.… Continue reading Whipclip snips $20m from investors
ThreatStream flows to $22m series B
US-based cybersecurity company ThreatStream secured $22m on Thursday in a series B round that included returning investor Google Ventures, the corporate venturing arm of internet company Google. The round was led by venture capital firm General Catalyst Partners and also included Institutional Venture Partners and Paladin Capital Group. ThreatStream raised $4m in a February 2014… Continue reading ThreatStream flows to $22m series B
Allena metabolises $25m for series B
Pharmstandard has participated in a series B round for the biopharmaceutical company, which focuses on metabolic and orphan diseases.
Say Media says goodbye to media
WPP and Intel-backed Say Media will buy out its investors as part of a move that will involve it refocusing its business model on its online publishing platform.
Ridibooks open for $8m series A
E-book platform Ridibooks closed its series A round with investments from financial services firm Mirae Asset and conglomerate Doosan.
Blab predicts $11.6m series B
Marketing firm Blue Focus Communcations has co-led the $8.8m first tranche of a planned $11.6m round for predictive analytics company Blab.
Maxwell stays healthy with $26.4m
US-based health-as-a-service platform Maxwell Health raised $26.4m yesterday in a series B round that included funding from non-profit health insurance company Cambia Health Solutions. The round was led by private equity firm Adams Street Partners and also included investment firms Schooner Capital and Brothers Brook, and venture capital firm Annox Capital. Maxwell previously raised $8m… Continue reading Maxwell stays healthy with $26.4m
Chokhani and Ryerson launch India fund
The $15m fund, backed by conglomerate Chokhani Group will make investments in 10 to 15 India-based startups each year.
SoftBank provides $250m to GrabTaxi
In its latest southern Asia investment, SoftBank has become the largest shareholder in mobile taxi hailing app GrabTaxi.
Citi Ventures launches global accelerator partnership
The financial services firm’s corporate venturing unit will expand its accelerator efforts across four continents with the help of Plug and Play Tech Centre.
Direct Flow reaches $32m series D
Johnson & Johnson-backed Direct Flow Medical raised $32m, including $15m in debt from PDL BioPharma, as it seeks to advance its transcatheter device.
Misfit goes for a $40m workout
Smartphone manufacturer Xiaomi has joined Coca-Cola, Atom Factory and O’Reilly Media as backers of the wearables company, which has now raised $63m in total.