Today’s Deals – Elastic enters APM space with Opbeat acquisition

 Today, at Elastic’s customer event in London, the company announced it has acquired Opbeat, a SaaS-application performance management vendor for an undisclosed amount. All 15 employees have already joined the Elastic team. Opbeat focuses on monitoring applications written in Javascript. What’s more, it maps production application issues directly to the relevant developer source… Read More

from TechCrunch

Today’s Deals – Construction tech company Aproplan closes €5 million Series A

 Not so long ago the administration needed to run a major construction project relied almost entirely on pen, paper, excel spreadsheets and faxes. That has provided a huge opportunity for startups to take a stab at digitising the construction industry. Brussels-based Aproplan, which bills itself as akin to “Salesforce for construction,” is one such company, and today is disclosing… Read More

from TechCrunch

Today’s Deals – JD.com invests $397M into luxury marketplace Farfetch as part of a new strategic partnership

 JD.com, China’s second-largest e-commerce company after Alibaba, is pumping $397 million into Farfetch, a marketplace for luxury brands, as part of a new strategic partnership. JD.com founder and CEO Richard Liu will take a seat on Farfetch’s board as part of the deal, which makes JD.com one of its largest shareholders. Read More

from TechCrunch

Today’s Deals – Tantan, China’s top dating app, raises $70M for monetization and overseas expansion push

 Chinese startup Tantan, which is probably most comparable to Tinder, has raised $70 million in new capital as it looks to monetize its business for the first time and explore overseas expansion options. Three-year-old Tantan claims 60 million ‘validated’ users — i.e. not fake accounts — of which six million are active on a daily basis. Of those active users, 75 percent… Read More

from TechCrunch

Today’s Deals – Snapchat acquires social map app Zenly for $250M to $350M

 Zenly’s app lets users see where their friends currently are on a map using constant GPS in the background. People can then message these friends in the app to make plans to hang out.
The Paris-based startup hit 2 million downloads last year, mostly from teens trying to keep up with their friends around town, at school, or at concerts and other events. Zenly had raised $35.1 million… Read More

from TechCrunch

Today’s Deals – With $13.5M in new funds, Pillow partners with building owners to make rentals Airbnb-friendly

 Short-term rental management startup Pillow has raised $13.5 million in new funding, and is launching a new product to provide more transparency to apartment owners when renters make their apartments available on platforms like Airbnb. Read More

from TechCrunch

Today’s Deals – Adobe acquires Mettle’s SkyBox tools to expand its VR video portfolio

 Adobe today announced that it has acquired all of Mettle‘s SkyBox technologies and plug-ins for building transitions, titles and effects in VR applications and 360 degree videos. Mettle had already made a name for itself over the last few years by providing these plug-ins for Adobe tools like Premiere Pro and After Effects, to the Adobe team was obviously aware of Mettle’s efforts… Read More

from TechCrunch

Today’s Deals – Growbots raises $2.5M for its machine learning-based sales automation platform

 Growbots uses machine learning to provide sales teams with the right leads to kickstart their outbound sales process. The service, which argues that its product can save each member of a sales team a few days of work every month, today announced that it has raised a $2.5 million funding round from Buran VC, Lighter Capital and a number of angel investors. This brings the company’s… Read More

from TechCrunch

Today’s Deals – Petasense emerges from stealth to help companies monitor machine health

 Industrial IoT startup Petasense emerged from stealth today, officially announcing $1.8 million in seed funding and a hardware/software solution designed to help industrial customers understand when equipment needs maintenance by “listening” to its vibrations. As it turns out, machines vibrate at a certain frequency when they are operating smoothly, but as parts begin to wear down,… Read More

from TechCrunch

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