Today’s Deals – Atlassian acquires Trello for $425M

trello Atlassian today announced that it has acquired project management service Trello for $425 million. The vast majority of the transaction is in cash ($360 million), with the remainder being paid out in restricted shares and options. The acquisition is expected to close before March 31, 2017. This marks Atlassian’s 18th acquisition and, as Atlassian president Jay Simmons noted when I… Read More

from TechCrunch

Today’s Deals – MyTomorrows raises further €10M to help access drugs in development

myTomorrows MyTomorrows, the Netherlands-headquartered startup that has built a platform to help physicians and patients access drugs that are still in development, has raised €10 million in further funding. Leading the round is EQT Ventures, and Octopus Ventures, with participation from existing backers Balderton Capital, and Sofinnova Partners. Read More

from TechCrunch

Today’s Deals – Carousell eats up another struggling startup to boost its social commerce app in Southeast Asia

Siu Rui Quek, Co-Founder, Carousell Newly-minted classifieds startup Carousell is officially on the prowl to eat up struggling startups in Southeast Asia. The Singapore-based company closed a $35 million Series B in August, and this week it acquired Malaysia-based rival Duriana in an undisclosed transaction that represents its third piecemeal M&A deal since that fundraising. Read More

from TechCrunch

Today’s Deals – Grail is raising at least $1 billion to fund its early cancer screening test

Arteriosclerosis, blood vessel The early cancer screening startup Grail plans to raise more than $1 billion in Series B financing, possibly up to $1.8 billion. While the company doesn’t want to name investor names, only mentioning in a release the funding will come “primarily from undisclosed private and strategic investors,” Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos, Google Ventures,… Read More

from TechCrunch

Today’s Deals – Google buys Sweden’s Limes Audio to boost Hangouts voice quality

google-voice-hangouts2 In a blog post, Google announced the acquisition of Limes Audio, a Swedish company that focuses on improving the quality of voice calls. The 10-year-old company, headquartered in Umeå, Sweden, also has offices in Stockholm and Palo Alto. The acquisition isn’t Google’s first time shopping around in the Swedish startup community. In 2007, Google acquired Swedish communications… Read More

from TechCrunch

Today’s Deals – Silicon Valley Bank predicts a 2017 cure for the health tech investment doldrums

Conceptual image of a female doctor with a stethoscope Things are looking up for biotech and health device startups wanting to cash in on VC dollars or go public this year. According to Silicon Valley Bank’s latest report on healthcare investments and exits, a conservative 2016 has set 2017 up for a hearty boom.
Though biopharma M&A activity declined slightly last year and IPOs declined more than 30 percent, according to the report… Read More

from TechCrunch

Today’s Deals – China’s Didi looks to Latin America with $100M investment in Brazil-based Uber rival 99

There’s much talk of Didi Chuxing’s desire to expand overseas now that it has agreed to gobble up Uber’s China business, and it just took a big step to extending its international reach via a maiden deal in South America. Read More

from TechCrunch

Today’s Deals – Taboola buys Commerce Sciences to tweak sites with “Amazon-style” personalization

taboola Taboola, the startup that works with hundreds of online publishers to run carousels of recommended content and ads from their own and other publishers’ sites to grow engagement and revenues, has made another acquisition to grow the services it offers to its customers beyond the bottom of the page. Taboola has acquired Commerce Sciences, which had built a… Read More

from TechCrunch

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