Fundings and Exits

It looks like accessibility isn’t the only thing that Airbnb wants to upgrade on its platform. On the same day that Airbnb announced that it acquired Accomable, an “Airbnb for disabled travellers”, it has emerged that it’s also made another small acquisition. Airbnb has acquired adtech startup AdBasis, which had built a platform and dashboard for
0 Comments
Trocafone, the online marketplace for used electronics, has raised $15 million in new financing to expand its reach beyond Brazil and Argentina into other emerging markets. The company, which raised $7 million in a previous round of financing last year, said the new money came from Callfort, MIT Castor Ventures Fund, FJ Labs, Rocketship, Mercado
0 Comments
Tencent announced another impressive quarter of financials yesterday, but the Chinese internet giant — which is creeping towards a $500 billion market cap — made other financial moves this week. Reuters reported that the firm invested $150 million Chinese cinema ticketing startup Maoyan, which was created from a merger between dominant players Maoyan and Tencent-backed Weiying this
0 Comments
Some of the biggest names in technology are all in on voice-controlled devices like the Amazon Echo and Google Home, but Roxy, a Seattle-based startup believes that businesses need a voice system where they control the data and the voice commands are designed for their specific requirements. They announced $2.2 million in seed funding today.
0 Comments
SendGrid, the Denver-based marketing email company, raised $131 million after pricing its IPO at $16, above the expected range of $13.50 to $15.50. The company also upsized its IPO, selling 8.2 million shares, instead of 7.7 million. The company begins trading Wednesday on the New York Stock Exchange, under the ticker, “SEND.” SendGrid helps businesses
0 Comments
Investors are suing Outcome Health, a startup selling ad space on screens in doctors’ offices, for alleged fraud and breach of contract eight months after pouring $500 million into the company. First reported in The Wall Street Journal, investors Goldman Sachs, which invested $100 million into the company, Alphabet’s investment arm CapitalG, Norwest Venture Partners and Laurene
0 Comments
Travel metasearch giant Skyscanner has acquired Twizoo, a small London-based startup which makes a platform for brands to automate injecting relevant social content across their digital footprint. Terms of the acquisition have not been disclosed. According to CrunchBase Twizoo was founded in May 2013 by CEO Madeline Parra and CTO John Talbott, and has raised ~£1.65M in
0 Comments
As it looks to expand the global footprint of its internet-enabled digital advertising and informational kiosks, New York-based Intersection has raised $150 million in a new round of financing. The company has installed hundreds of its obelisk-like Link devices in both London and New York, where it has supplanted the the telephone booths and payphone stands that
0 Comments
One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million. Founded in 2014, the Singapore-based startup helps users shop ‘smarter’ using a selection of curated deals and cashback offers through partner merchants across seven countries in Southeast Asia and
0 Comments
Mojiworks, the U.K. startup building games for messaging apps, has raised £2.1 million in Series A funding. The round is led by Balderton Capital, with participation from previous backers Lifeline Ventures and Sunstone Capital, and will be used by the company to increase headcount as it doubles-down on developing multiple titles for Facebook Messenger. Founded
0 Comments