It has been another busy week across the global startup space, with Pandora announcing that it is to acquire Rdio for $75 million, India’s Uber rival Ola raising $500 million, and US fintech startup Earnest raising $275 million in debt and equity financing. Closer to home, online lender zipMoney secured a $100 million debt facility and $1 million in funding, while ShopandBox raised a $1 million seed round.
It has been another busy week around the global startup space. In Europe, Rocket Internet’s home interiors marketplace Home24 has acquired German competitor Fashion For Home, while Udacity has raised $105 million in a Series D round at a valuation of $1 billion and ClassPass has raised $30 million. Closer to home, Australian visual arts marketplace Bluethumb has raised $500,000 from the founders of AussieCommerce.
Another busy week across the global startup world has seen gaming giant Activision Blizzard announce that it is set to acquire King Digital Entertainment, the makers of Candy Crush, for $5.9 billion, while Expedia is to acquire Airbnb competitor HomeAway for $3.9 billion. Closer to home, Shoeboxed Australia has raised $775,000 in angel funding, while invoice2go raised a $15 million Series C round.
Another big week has seen Cisco announce its intents to acquire Lancope for $452.5 million, and IBM announce that it will be acquiring The Weather Company’s tech and product business. Advanced analytics startup Alteryx has raised $85 million, while payment services startup Marqeta has raised $25 million in a Series C round. Closer to home, LawPath raised $1.3 million, while Australian-founded startup Apptuto raised $500,000 in angel funding.
Another busy week has seen Western Digital make moves to acquire SanDisk for $19 billion, while Trend Micro is set to acquire HP Tipping Point. In funding news, Indian startup Collective Health has raised an $81 million Series C round, while Illusive Networks has raised $22 million, and Chinese Uber rival Yidao Yongche has announced that it is to raise $700 million.
It has been another busy week for the startup space. Dell made the headlines when it announced its intention to acquire EMC for $67 billion, the biggest deal in tech history, while Condé Nast acquired Pitchfork Media and online credit startup Kabbage raised $135 million and tripled its credit line to $900 million. Closer to home, Wellington-founded virtual reality startup 8i raised a $13.5 million (NZ$20 million) Series A round, and daily fantasy sports platform Moneyball raised $1.8 million.
Another busy week in the startup space has seen music discovery service Pandora acquire TicketFly, Apple acquire artificial intelligence startup Perceptio, and Impossible Foods raise $108 million to create plant-based foods like burgers that still taste like meat. Closer to home, Canva raised a US$15 million Series A and Mad Paws raised AU$1.1 million.
It has been another busy week, with German media giant Axel Springer acquiring an 88 percent stake in Business Insider for $343 million and Google acquiring Jibe Mobile. A number of FinTech startups raised funds this week, including German company Kreditech, and online lender Social Finance, which raised $1 billion. Closer to home, Melbourne FinTech startup Clover raised over $1 million.
It’s been another big week for the global startup space, with Credit Mututel Arkéa acquiring French FinTech startup Leetchi, CloudFlare raising $110 million, and Blue Jean Networks raising $76.5 million. Closer to home, Readify acquired Huegin Consulting and Reffind acquired WooBoard, while SafetyCulture raised a $6.1 million Series A round and MedTech startup CliniCloud raised $5 million.