This is the gospel according to Mary Meeker, a living legend amongst venture capitalists. Instead of just blindly clicking through her 200+ page 2016 Internet Trends report, here we’ve picked the most important graphs and stats, and explained what they actually mean for people who work in tech. You can also read the full report here. Read More
from TechCrunch
The fastest way to learn everything going on in tech is to read this report. Kleiner Perkins partner Mary Meeker has become a legend for publishing these compilations of the most critical stats and trends about how technology is evolving. From the funding climate to smartphone adoption to the tech giants to cutting-edge inventions, the Mary Meeker Internet Trends report has it all.… Read More
from TechCrunch
Finland’s Freska has acquired Norway’s Wipe, signalling its intent to lead the on-demand home cleaning space in the Nordics. Read More
from TechCrunch
7Commerce, the investment arm of media company ProSiebenSat.1, is upping its stake in Munich-based fashion aggregator and discovery startup Stylight, intending to acquire 100 per cent of the company by July — pending regulatory approvals. Read More
from TechCrunch
Salesforce made its name originally with cloud-based software to help salespeople manage their leads and close deals; and today the company took a big step into the business of sales itself. Today the company announced that it would spend $2.8 billion to acquire Demandware, a cloud-based provider of e-commerce services to businesses big and small. The deal also will spearhead a new business… Read More
from TechCrunch
Romulus Capital has raised its third—and largest—fund to back early-stage startups, many sourced in labs at MIT, the alma mater of the firm’s two young General Partners, Neil Chheda and Krishna K. Gupta.
The duo closed their newest fund, Romulus Capital III LP, at $75 million. They intend to lead seed or series A deals in 15 to 20 companies from it, they said.
The general… Read More
from TechCrunch
Back in April Nokia announced it was buying health and fitness focused gadget maker Withings for €170 million (~$190M). At the time it was expecting the acquisition to close in Q3 but it has now confirmed the close of the transaction ahead of schedule. Following the acquisition, Withings co-founder and CEO Cedric Hutchings has been made head of a new Digital Health business unit at… Read More
from TechCrunch
Lost My Name, the London-based “full-stack” publisher and kids content startup, has added a new investor to its impressive list of backers that already includes Google Ventures, Greycroft and Forward Parters. This time Berlin-based Project A Ventures has invested €4 million in the company in what is being described as an extension to Lost My Name’s original $9 million Series… Read More
from TechCrunch
There’s a new early-stage fund in town — town being Southeast Asia. Singapore-based Jungle Ventures, the VC firm that launched a $100 million fund last year, today announced a new fund focused on seed stage investments in the region. Read More
from TechCrunch
Whill, a startup dedicated to building better wheelchairs and mobility devices, plans to enter the European market after raising a $17.5 million Series B. The round was led by Eight Road Ventures with participation from other investors including Mirai Creation Investment Limited Partnership and Golden Asia Fund II. Read More
from TechCrunch