Month: October 2015

 Hatch Baby, whose Smart Changing Pad is due to ship soon, plans to conceive new tech-based services for parents after raising a $7 million Series A from True Ventures. Read More

from TechCrunch

 VMware didn’t let this week’s news that it was included in the $67 billion merger with Dell prevent it from breaking some news of its own, announcing plans to purchase email management app Boxer for an undisclosed amount at VMworld Europe. Even though EMC owns 80 percent of VMware, it has always operated as an independent entity, publicly traded under a separate stock. It… Read More

from TechCrunch

 Just about two months ago, the maker of the popular-with-nerds game Ingress, Niantic Labs, was spun out of Google. Last month, the newly formed Niantic, Inc. announced that it had begun working on a project called Pokémon GO. Today? The company is announcing a $20M Series A round of funding with investments from Pokémon Company Group, Google and Nintendo. It could see $10M more if it… Read More

from TechCrunch

 Gaana, one of a posse of music streaming services aiming to make it big in India, has enlisted the help of Micromax, the country’s largest smartphone maker, to get ahead of the competition and reach its goal of 100 million users. Read More

from TechCrunch

 OpenGov announced the close of a refreshingly sized $25 million in Series C financing today. The startup initiative to provide government financial data closed its Series B round of $15 million, led by Andreessen Horowitz a year and a half ago. A16z, along with former investors Formation8, Thrive Capital and AITV, has now padded OpenGov with another shot of financing to help scale the sales… Read More

from TechCrunch

 French music streaming service Deezer has announced that it plans to raise at least €300 million ($335 million) in a public listing that will take place in its native France this month. Read More

from TechCrunch

 Shopping for beauty products should be relaxing, but anyone who has visited a makeup counter knows that you often weather a deluge of upselling before finally escaping with a purchase. Hermo, a Malaysia-based e-commerce site, wants to make cosmetics shopping fun for customers in Southeast Asia. The site, which also operates in Singapore and is planning to expand into Indonesia soon, just… Read More

from TechCrunch

 First Data priced its IPO tonight at $16 per share, beneath the expected range of $18 to $20, according to Bloomberg. Selling 160 million shares, the payments processing company will raise $2.56 billion in its flotation, making it the largest IPO of the year. The pricing news comes directly on the heels of Square, a competing payments company, which revealed its IPO filing after the bell.… Read More

from TechCrunch

 With Lululemon brushing a $7.4 billion valuation in public markets, there’s no denying that so-called “athleisure” wear is a huge business.
As with any multi-billion dollar industry startup investors are looking for a piece of that action, which is why investors are pouring $7 million into the new athletic and leisure wear company Outdoor Voices. Read More

from TechCrunch

 Not all the “box of the month” clubs have found success, but one that took a slightly differentiated route – full-sized products, shipped quarterly – has bootstrapped its way to $15 million in annual revenue, investors tell us, and has recently taken in its first outside capital. FabFitFun, a women’s lifestyle subscription box company, is announcing that… Read More

from TechCrunch