Carwow, the U.K. site that claims to offer a better way to buy a new car, has stopped off for some further funding. The four year-old startup has raised a £12.5 million Series B led by Accel, who I understand tried but failed to get in on the last round. Read More
from TechCrunch
Distil Networks has always been about about automated, intelligent bot detection. Rival ScrapeSentry has gone at it from a different angle, using human analysts to help customers understand bot behavior. Today those two approaches came together when Distil acquired ScrapeSentry in a stock and cash deal. While Distil CEO Rami Essaid wouldn’t reveal an exact purchase price, he danced… Read More
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Uber China, the U.S. ride-sharing firms standalone company in China, finally closed its long-awaited Series B funding round yesterday ending a long process that began last summer, when many of the company’s financial details were leaked to the public. Read More
from TechCrunch
Baidu, China’s largest search engine, is may grow its presence in India by purchasing stakes in Zomato, BookMyShow, and BigBasket. Read More
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Yet-to-launch Moneybox is a U.K. startup that wants to encourage millennials — who might not be thinking too much about their financial futures — to save and invest. It reckons the key to this is a mobile app that reduces the friction inherent with opening a stocks and shares ISA (Individual Savings Account) and perhaps ingeniously lets you round-up your ‘spare change’… Read More
from TechCrunch
CarTrade, a classified site for car dealers in India, has scored an impressive $145 million in new funding to fuel new acquisitions and expand its products. The round was led by Singapore-based investment firm Temasek and March Capital, with participation from returning investor Warburg Pincus. Read More
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Mike Hennessy thinks finding potential recruits is just like marketing — you have to keep them interested and snatch them at the right time. That’s why he started SmashFly, a startup that manages inbound interest from potential recruits and keeps them engaged with a company that’s eventually hoping to convert them to an employee. To do that, SmashFly has raised $22 million in… Read More
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Travel search engine Skyscanner announced today that it has raised £128 million (about $192 million). The Edinburgh-based company did not disclose its valuation, but the Financial Times reported that it has hit unicorn status and is now worth $1.6 billion. Read More
from TechCrunch
Every startup needs a steady diet of funding to keep it strong and growing. Datadog, a monitoring service that helps customers bring together data from across a variety of infrastructure and software is no exception.
Today it announced a massive $94.5 million Series D Round. The company would not discuss valuation.
The round was led by ICONIQ Capital. Existing investors Index Ventures… Read More
from TechCrunch
Tokyo-based Sansan has raised a $16.9 million Series C to help companies store and manage information scanned from business cards. The funding, which brings Sansan’s total funding so far to $35.8 million, was led by DCM Ventures, with participation from Salesforce Ventures (the investment arm of the enterprise software company), and Nissay Capital. Read More
from TechCrunch