Verizon acquires Volicon; Cainiao raises $1.5 billion at $7.7 billion valuation; Future Finance raises $171 million

- March 18, 2016 4 MIN READ

This week has seen App Annie acquire Appscotch, while Alibaba-backed logistics provider Cainiao raised $1.5 billion at a valuation of $7.7 billion and Irish student loan provider Future Finance raised $171 million. Closer to home, Melbourne IT announced that it is set to acquire InfoReady for $15.4 million, while RedBubble closed a $12 million funding round ahead of a planned IPO later year.


Facebook acquires Masquerade; WeWork raises $430 million at $16 billion valuation; PlantMiner raises $3.5 million

- March 11, 2016 4 MIN READ

Another busy week has seen Facebook acquire Masquerade, the startup behind MSQRD, the app behind the faceswapping tool taking over the internet, while Intel has acquired Replay Technologies to help create a new category for sports entertainment. Meanwhile, WeWork has raised $430 million at a valuation of $16 billion to help launch a push into Asia, and closer to home Melbourne’s Culture Amp raised $10 million while Brisbane’s PlantMiner raised $3.5 million.


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.


IBM to acquire Truven Health for $2.6 billion; MindMaze raises $100 million; Giphy raises $55 million Series C round

- February 19, 2016 4 MIN READ

After another busy week across the global startup landscape, IBM has announced that it is set to acquire Truven Health Analytics for $2.6 billion to enhance its IBM Watson Health portfolio, while Amazon has acquired Indian ecommerce platform Embantage to boost its payments platforms in the region. Meanwhile, MindMaze raised $100 million and Giphy has raised $55 million in a Series C round that has valued the startup at $300 million.


Chinese consortium to acquire Opera for $1.2 billion; Fuze raises $112 million; Student.com raises $60 million

- February 12, 2016 4 MIN READ

A busy week across the global tech space has seen a Chinese consortium may Opera a buyout bid of $1.2 billion, while Fuze, the startup formerly known as ThinkPhones, raised $112 million, and Student.com raised $60 million to expand its platform into new markets. Also this week, Microsoft confirmed its acquisition of music app Groove, Africa Internet Group raised $83 million, and UK money transfer startup WorldRemit raised $45 million.


AHALife acquires Bezar; Cisco to acquire Jasper Technologies for $1.4 billion; OutSystems raises $55 million

- February 5, 2016 4 MIN READ

After another busy week for startups, Australian lifestyle marketplace AHALife has acquired design marketplace Bezar, while Cisco is set to acquire Jasper Technologies for $1.4 billion. Meanwhile, online small business lender Spotcap has raised almost $50 million to grow its operations around the world, including in Australia, and OutSystems raised $55 million.


Sony acquires Altair Semiconductor for $212 million; Pindrop Security raises $75 million Series C; ParkWhiz raises $24 million

- January 29, 2016 4 MIN READ

The last week of January has been a busy one across the global startup landscape, with Sony acquiring Israeli company Altair Semiconductor for $212 million and Apple acquiring edutech startup LearnSprout. Pindrop Security also raised a $75 million Series C round, on-demand parking startup ParkWhiz raised $24 million in a Series C round, and fashion startup Baublebar raised a $20 million Series C round.

News & Analysis

Grindr sells 60 percent stake for $93 million; SkyScanner raises $192 million; CarTrade raises $145 million

- January 15, 2016 5 MIN READ

It’s been a busy week across the global startup landscape, with a number of companies raising capital. Scottish travel platform SkyScanner has raised $192 million and become one of the latest startups to achieve unicorn status in the process, while Indian car sales platform CarTrade raised $145 million. In acquisitions news, Chinese gaming company Beijing Kunlun Tech acquired a 60 percent stake in Grindr for $93 million. Closer to home, Microsoft acquired tech assets from Brisbane company Event Zero to bolster its Skype for Business offering, while CapitalPitch closed a $600,000 seed round.

News & Analysis

Digital Guardian raises $66 million; Housejoy raises $23 million Series B round; ERM Power acquires Greensense

- December 18, 2015 4 MIN READ

In today’s funding and acquisitions round up, the last of 2015, Buffer has acquired Respondly, Yahoo Japan has launched a bid to buy travel website Ikyu for $828 million, Digital Guardian has raised $66 million, and Indian home services startup Housejoy has raised $23 million in a round led by Amazon. Closer to home, VentureCrowd closed a $2 million round, while ERM Power acquired sustainability monitoring software provider Greensense.

News & Analysis

IBM acquires Clearleap; Airbnb confirms $1.5 billion raise; Booodl raises $2.85 million

- December 11, 2015 5 MIN READ

It’s been a very busy week for Australian startups – Shoes of Prey raised a US$15.5 million Series B round, Booodl raised $2.85 million, Sherpa raised $1.2 million, PlanDo raised $916,000, InHouse Group raised $900,000, and Recomazing raised $660,000. Elsewhere, IBM acquired cloud-based video service provider Clearleap, while Airbnb confirmed its $1.5 billion raise.

News & Analysis

Perion acquires Undertone for $180 million; AppDynamics raises $158 million; Tyro Payments raises $100 million

- December 4, 2015 3 MIN READ

One of the biggest stories in a busy week across the startup space came from Australia, with fintech startup Tyro Payments announcing that it had raised $100 million in funding from Tiger Global, TDM Asset Management, and Mike Cannon-Brookes. In other news, Israeli marketing company Perion acquired New York-based digital ad startup Undertone for $180 million, AppDynamics raised $158 million, and healthcare CRM platform Evariant raised $42.3 million.