Today’s Deals – Ranku’s eCollege optimizer bought by edtech giant for ~$25 million

ranku The online learning market is becoming as crowded as the app stores. Ranku offers the equivalent of SEO assistance to make sure colleges with electronic courses convert visitors into students. Now Ranku (pronounced ran-koo) is being acquired by publicly traded education conglomerate John Wiley & Sons. A source familiar with the deal confirms to TechCrunch that the acquisition price was… Read More

from TechCrunch

Today’s Deals – Naspers’ PayU buys Citrus Pay for $130M in cash to expand in India

shutterstock rupees Hundreds of millions of dollars of investment have been put into commerce startups in the fast-growing market of India, from marketplaces like Flipkart and Snapdeal through to payment startups like PayTM. Now one of the more interesting of these has been acquired. PayU, an online payments company with a focus on developing markets that is owned by South Africa’s Naspers, has… Read More

from TechCrunch

Today’s Deals – Frame.io raises a $10M Series A with Jared Leto and Kevin Spacey as investors

Processed with VSCOcam with c2 preset Cloud-based collaboration tool Frame.io has raised $10M in Series A funding led by Accel, with participation from SignalFire, FirstMark Capital, and Shasta Ventures. Actor Jared Leto, who was a seed investor in the company, has also invested in the Series A as well as actor Kevin Spacey. Frame.io is a collaboration tool for video creators and compares themselves to a InVision or Github… Read More

from TechCrunch

Today’s Deals – Digg raises Series C led by USA Today owner Gannett to boost its aggregation chops

newspapers As publishers of dead-tree newspapers continue to look for ways to pivot and profit from the massive consumer shift to digital platforms, one of the more storied of them is putting some money into an online icon to boost its position.
Digg, an early and popular mover in social media-based, online content aggregation, is raising another round of outside funding led by a strategic… Read More

from TechCrunch

Today’s Deals – Industrious co-working space startup lands $37 million Series B

hires_bk_145 Industrious, a WeWork competitor that offers workspace to entrepreneurs, has today announced the close of a $37 million Series B round. Riverwood Capital led the round, with participation from Outlook Ventures and Maplewood.
Industrious currently has 12 locations across the country, including cities like Atlanta, St. Louis, Brooklyn, Los Angeles, Minneapolis, Raleigh, Chicago, Austin, and… Read More

from TechCrunch

Today’s Deals – Sourcery raised $5 million to help restaurants and food vendors deal with each other, and not lost receipts or invoices

Restaurants use Sourcery to handle accounts payable without a lot of paper to Web data entry. Sourcery Technologies Inc. has raised $5 million in venture funding for software that helps restaurateurs and corporate kitchens order from vendors, keep track of their inventory and expenses, and figure out the appropriate prices for different ingredients. Marker LLC led Sourcery’s new round joined by Steadfast Venture Capital and the company’s earlier backers including Palantir… Read More

from TechCrunch

Today’s Deals – GitLab secures $20 million Series B

Programmers working on a problem. GitLab, the code collaboration platform for developers based on the open source Git tool, announced a $20 million Series B round today led by August Capital. Existing investors Khosla Ventures and Y Combinator also participated. Today’s investment brings the company’s total raised to date to over $25 million. It was just about a year ago that GitLab announced its $4 million… Read More

from TechCrunch

Today’s Deals – GitLab secures $20 million Series B

Programmers working on a problem. GitLab, the code collaboration platform for developers based on the open source Git tool, announced a $20 million Series B round today led by August Capital. Existing investors Khosla Ventures and Y Combinator also participated. Today’s investment brings the company’s total raised to date to over $25 million. It was just about a year ago that GitLab announced its $4 million… Read More

from TechCrunch

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