NativeX, a startup that makes advertising for mobile games and apps, is being acquired by Chinese mobile ad platform Mobvista. In a statement today, the companies said that all-cash deal is valued at 160 million RMB (about $24.5 million). Read More
from TechCrunch
The RSA security conference is being held this week in San Francisco where security pros come together to discuss strategy. IBM made several security announcements this morning ahead of the conference, headlined by the purchase of Resilient Systems. Instead of trying to prevent an attack, Resilient gives customers a plan to deal with a breach after it’s happened. While IBM offers… Read More
from TechCrunch
Another despatch from the ‘mobile messaging is eating the world’ file: blue collar recruitment app and European startup Corner Job has closed a $10 million Series A funding round. Read More
from TechCrunch
Twitter’s largest acquisition to date, of the ad tech business TellApart, has turned out to be a little less less big than originally thought. Back in April 2015, it was calculated that Twitter would pay nearly $533 million for TellApart based on the company’s share price at the time. But a 10-K report published today notes the final numbers. It was nearly $54 million… Read More
from TechCrunch
Hopscotch, an India-based e-commerce service focused on mums and founded by a former Diapers.com executive, has closed a $13 million Series C round led by Facebook co-founder Eduardo Saverin. Read More
from TechCrunch
Seedcamp-backed travel startup, Much Better Adventures, which lets you book ‘active holidays’ with independent providers, has raised £400,000 in seed funding to expand its ski offering and launch a second vertical in the form of road cycling holidays. Read More
from TechCrunch
After months of rumor, Opera finally confirmed two weeks ago that its board had accepted a takeover offer from a consortium of Chinese firms for the price of $1.2 billion. I had a chance to sit down this week at MWC with Lars Boilesen, the CEO of Opera, and Håkon Wium Lie, the company’s CTO and inventor of cascading style sheets (CSS). In this wide-ranging and candid interview, we… Read More
from TechCrunch
Zumper, the Kleiner-backed apartment rental platform that launched at TechCrunch Disrupt SF 2012, has acquired PadMapper, the popular map-centric apartment rentals site that was once embroiled in a prolonged legal fight with Craiglist. The acquisition actually closed in January and the combined Zumper and PadMapper teams used the last few weeks to build updated versions of both… Read More
from TechCrunch
Didi Kuaidi, the company giving Uber a tough battle in China, is currently in the midst of securing $1 billion in additional fundraising. Read More
from TechCrunch
Ibibo Group, which claims to be India’s largest online travel group, has raised $250 million in new funding from majority stakeholder Naspers Group. Read More
from TechCrunch