German media giant Axel Springer has announced it’s acquiring online business news publication Business Insider, spending some $343 million to acquire 88 per cent of BI’s shares. Axel Springer already had a stake of around nine per cent in the business. Read More
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PepperTap, a nine-month-old grocery delivery service in India, has closed its third round of investment this year after announcing a $36 million raise. Read More
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Roll up, roll up, there’s more funding incoming for startups in India after Qualcomm announced plans to invest up to $150 million in strategic investments in the country. Read More
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Alibaba has sharpened its focus on India after it made a second investment in Paytm, a mobile wallet and shopping service run by One97. Read More
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“Last year if you asked me if I wanted to start something, I would have said ‘fuckkkkk noooooo’” 4chan founder Chris Poole laughs. But he’s changed his tune and is ready to get back in the game. Poole, aka Moot, started the unruly anonymous image board 4chan when he was just 15 years old. 12 years later, he sold it last week to the owner of Japanese company 2Channel… Read More
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At-home professional hair color delivery startup Madison Reed tells us they’ve pulled in $16.1 million in Series C financing to “scale the business and invest in expanding marketing, specifically on TV.” The move to television commercials is interesting, considering so many companies- particularly in the startup space – seem to favor digital marketing tactics such as… Read More
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Today, publishing platform Medium announced that it has brought in $54M in new capital in a series B led by new investor Andreessen Horowitz. That makes the total raised for Ev Williams’ Medium a hefty sum of $79M. From head of operations at Medium, Andy Doyle: We are pleased to announce that Medium recently raised $57 million in capital. The round was led by new partner Andreessen… Read More
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uBeam’s getting ready to ship its wireless phone chargers, so its 26-year old CEO Meredith Perry has hired some hardware industry veterans to whip the business into shape. Former Apple and Palm finance leader Monica Hushen will be Ubeam‘s new CFO, and Cisco, Palm, and Nokia VP Jeff Devine is joining as COO. The firepower for the hires comes from a new raise. In April I reported… Read More
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Building a lifestyle brand is nothing like building say…an app. Higher degree of difficulty for sure. That’s not stopping Tristan Walker, though. Today, his company Walker & Company Brands has announced a $24M Series B round of funding. That brings its total funding to $33.3M. The company is known for its health and beauty products for people of color, including the… Read More
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Ometria launched in 2013 with a mission to help online retailers make better use of data, and, in turn, compete harder with the likes of Amazon and more data-driven players in the market. But more data insights alone doesn’t equate to more effective marketing if you don’t take the appropriate action on a per-customer basis. That proved a stumbling block for some of… Read More
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