More VC being thrown at casual trading app Bux. The app, which turns stocks and derivatives trading (via CFDs) into a game-like and social experience, thus potentially broadening the market to include a greater number of people who have never traded before, has pulled in a further $6.9 million in funding. Read More
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Amazon will acquire startup Emvantage to develop its Indian e-commerce site’s payment platform. In a press announcement, Amazon said the Noida-based company’s employees will start working for Amazon’s payment team after the transaction is completed. Read More
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Yello Mobile — the Seoul, Korea-based mobile apps business that has grown by raising nearly $150 million and acquiring over 80 other app startups — has picked another $30 million in funding. This latest cash injection comes from SBI Holdings, a digital financial services group based out of Japan that announced a strategic partnership with Yello at the end of last year. When… Read More
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Giphy, the Google of GIFs, has closed a $55 million Series C funding round at a valuation of $300 million post-money. The round was led by Lightspeed Venture Partners with participation from General Catalyst Partners, RRE, Betaworks, Lerer Hippeau Ventures, CAA and other existing Giphy investors. Giphy launched out of betaworks back in 2013 with one goal: to let the world search, discover,… Read More
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Zoomdata, a company that’s trying to transform business intelligence by connecting to both modern and traditional data sources at scale, announced a $25 million Series C round today. The investment was led by Goldman Sach’s Principal Strategic Investments Group. New investor Comcast Ventures also participated along with prior investors Accel, Columbus Nova Technology Partners… Read More
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Kimono Labs, a Y Combinator-backed web-scraping tool that helps developers grab information from sites without having to write their own scrapers, has been acquired by Palantir. The company made the announcement on its website today, and Kimono co-founder Pratap Ranade confirmed the acquisition to TechCrunch. Neither Palantir nor Kimono disclosed any financial details of the transaction,… Read More
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Movebubble, the startup that wants to make renting in London suck a little less, has picked up $1.6 million in further funding, bringing total investment to just over $3.4 million. Investors include Adam Williams (former Spotify MD), Richard Leigh (co-founder and MD of London and Capital), and Robert Stiff. Read More
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Snapdeal, India’s second largest e-commerce site, has pulled in $200 million in new funding via an investment led by Ontario Teachers’ Pension Plan. Read More
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China’s online video wars are heating up again. Last year, Alibaba snapped up Youku Tudou, the country’s largest YouTube-like video portal, in a major $3.5 billion deal, and now there’s more happenings in the space after Baidu received an offer to sell its majority share in close rival Qiyi. Read More
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YouTube wants to win the love of musicians by solving their biggest problem: how to turn popularity into cash. So today it announced it’s acquired BandPage, a startup that helps artists show off and sell concert tickets, merchandise, and exclusive fan experiences. [Update: A according to a source familiar with what BandPage shareholders were sent about the terms of the deal, the… Read More
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