Today’s Deals – Freshdesk scores $55 million Series F round

Customer service call center. Freshdesk has been moving beyond the pure customer service help desk for some time, and today it got $55 million to continue that expansion.
The round was led by Sequoia Capital India with participation from Accel Partners, which has been investing in the company from the beginning, according to Freshdesk president Dilawar Syed. Today’s investment brings the total raised to $150.5… Read More

from TechCrunch

Today’s Deals – Gut health startup uBiome raised $22 million and is launching a DNA test for your poop

Borrelia burgdorferi bacteria There are a lot of startups looking at your DNA these days but uBiome stands out as unique among them for testing the DNA of microorganisms found in your fecal matter.
These bugs have a lot to do with your health and the startup is launching a clinical screening test called SmartGut to sequence the DNA of those microbes.
uBiome tells TechCrunch it has also closed on $22 million in Series B… Read More

from TechCrunch

Today’s Deals – Postmates confirms $140 million funding round at $600 million valuation

postmates bastian lehman As we first reported last month, on-demand delivery app Postmates raised additional funding in a round led by Founders Fund, with participation from existing investors. The company is now confirming the total came out to $140 million, giving the Postmates above a $600 million post-money valuation.  Brian Singerman from Founders Fund will be joining the board.
Despite Postmates&#8217… Read More

from TechCrunch

Today’s Deals – Giphy, the platform for all things GIF, raises $72 million in new funding

alex chung Giphy, the NY-based search engine and platform for GIFs, has raised $72 million in funding led by Draper Fisher Jurvetson, Institutional Venture Partners and China Media Capital. This brings Giphy’s total funding to just short of $151 million, according to Crunchbase, with a valuation reported at $600 million by the WSJ. Giphy started as part of a Hacker-in-Residence program at… Read More

from TechCrunch

Today’s Deals – Our favorite startups from 500 Startups’ 18th class

500startups 18 500 Startups’ 18th demo day wrapped up this afternoon in San Francisco. The companies that presented ranged from financial technology all the way to yet another attempt to try and fix conference calls. 500 Startups has to compete with a lot of other accelerators like Techstars and Y Combinator, and in order to be successful it needs to generate hits from these classes. The firm has had… Read More

from TechCrunch

Today’s Deals – Blackline surges 40% in software IPO

blackline Blackline, a Los Angeles-based accounting software company, debuted in the U.S. markets Friday. After pricing at $17 per share, the stock closed at $23.70. In what has been a slow year for tech IPOs, Blackline decided to go public right now because it’s “part of a longer term plan to raise awareness for what we do,” said CEO Therese Tucker. She said the IPO, which raised… Read More

from TechCrunch

Today’s Deals – Alibaba-owned Lazada in talks to buy Southeast Asia grocery delivery startup Redmart

redmart_delivery Lazada, under Alibaba’s stewardship, is in advanced talks with Redmart, a Singapore-based grocery delivery service, to make a major investment or acquire the company outright, three sources with knowledge of the deal told TechCrunch. Once a deal is agreed, it could be completed as early as next week, once source said. Read More

from TechCrunch

Today’s Deals – Samsung acquires Tachyon to extend enterprise mobile device management

samsung-AP-sm Samsung’s mobile operation has taken a big hit of late, with profits plunging 30% in the last quarter in the wake of the Note 7 recall. But today, the company is announcing an acquisition of a wireless enterprise startup that speaks to how it wants to grow other areas of its business to offset setbacks like this, as well as the larger overall slowdown in handset sales globally. Samsung… Read More

from TechCrunch

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