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GoPro acquires Stupeflix and Vemory for $105 million; Souq raises $275 million; Mercari raises $75 million

- March 4, 2016 4 MIN READ

Another busy week has seen GoPro acquire video editing startups Stupeflix and Vemory for a combined $105 million, while Cisco has announced its intent to acquire Leaba Semiconductor for $320 million and CliQr for $260 million. Closer to home, Peazie has raised fresh funding, bringing the total raised to date to $2 million, HealthKit raised a $1.6 million Series A, Investec Australia acquired a stake in H2 Ventures, and hipages acquired StartLocal.