Today’s Deals – Thalmic Labs teases new products with $120M raise from Amazon Alexa Fund and more

myo Waterloo’s Thalmic Labs has raised a new $120 million (U.S.) Series B round from investors including Intel Capital, The Amazon Alexa Fund and Fidelity Investments Canada. The fresh funding will add considerably to the company’s coffers, and should help it with its goal of expanding its product line beyond the original Myo armband it currently offers. Thalmic’s Myo is a… Read More

from TechCrunch

Today’s Deals – KeyMe locks down $15M to unlock the future of key duplication

girl-play-with-kiosk-2 The last time you had a key cut, you probably experienced a retro service, which included speaking to a real human (ugh!). KeyMe puts the kibosh on the old-fashioned key copying user experience with a series of new kiosks and just landed a $15 million Series C round to fund aggressive expansion. Read More

from TechCrunch

Today’s Deals – Unilever said to be the early frontrunner to acquire The Honest Company

Chris Thorne and Jessica Alba of The Honest Company We’re hearing from our sources Unilever has been in serious talks with the Honest Company, and may very well win the bid for the e-commerce startup, though our sources stressed that the deal is in early stages.
As usual, the deal is fluid and the final details could change (or not happen at all), and the exact price in the conversation could not be learned, though one source said the… Read More

from TechCrunch

Today’s Deals – Carbon 3D raises $81 million for international expansion of its rapid 3-D printing tech

carbon3d Large manufacturers of high-tech products, from luxury vehicles to elastomers and resins, have lined up to invest in and partner with Carbon 3D Inc., the Redwood City, Calif. company known for its rapid, 3-D printing technologies. The three-year-old startup added $81 million in venture funding to its Series C round, from strategic investors including BMW Group, GE, Nikon and JSR Corp., and… Read More

from TechCrunch

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

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