Today’s Deals – Diversity Recruiting Platform Jopwell Raises $3.25 Seed Round From Magic Johnson, Andreessen Horowitz And Others

jopwell-founders Jopwell, the Y-Combinator-backed diversity and hiring recruiting platform dedicated to helping blacks, Hispanics and Native Americans get jobs in tech, has raised a $3.25 million seed round from Magic Johnson Enterprises, Andreessen Horowitz, Kapor Capital, Omidyar Network, Valar Ventures and others to scale its operations and product capabilities. This round brings its total funding to more… Read More

from TechCrunch

Today’s Deals – Keep An Eye On Sidecar’s Patents

dry_eye A day after the news broke that General Motors was picking up assets from failed Uber competitor Sidecar, today the startup’s CEO finally confirmed the details directly in a blog post and provided a few more details about the deal. A “key component to the transaction”, writes CEO Sunil Paul, was Sidecar’s patents, for which GM has taken a license, but… Read More

from TechCrunch

Today’s Deals – Botify Grabs $7.2 Million To Turn You Into An SEO Wizzard

perfs.45bbb1f62789 French startup Botify just raised a $7.2 million Series A From Idinvest and Ventech. The company uses a software-as-a-service approach to make it as seamless as possible to crawl your website and give you insights on your search engine optimization strategy. Read More

from TechCrunch

Today’s Deals – Urban Transport App Citymapper Snags $40M From Index, Benchmark, Yuri Milner, Others

Citymapper_SeriesB People who don’t take Uber frequently take the bus. And those Europeans folks now include some rather high profile investors in London-based urban transport startup Citymapper — who have just poured $40 million into a new Series B round for its app which algorithmically knits together different transit options to help city dwellers quickly figure out how to get from A to… Read More

from TechCrunch

Today’s Deals – Kumu Networks Nabs $25M From Cisco And Big Carriers For ‘Breakthrough’ Wireless Tech

shutterstock_173525351 For mobile carriers, the explosion of smartphone usage, particularly for bandwidth-heavy apps like video, should be a boost to their business. But in many cases, network architecture and delivery proves to be too costly for them to handle heavy traffic, and they are running out of capacity in some cases. Read More

from TechCrunch

Today’s Deals – Norwest Raises Third Consecutive $1.2 Billion Fund in Five Years

IMG_5535 Norwest Venture Partners, the 55-year-old, Palo Alto, Calif.-based venture firm, has closed its third consecutive $1.2 billion fund. The group, which employs 20 investors altogether, raised the same amount in 2014, as well as in 2010.
If Norwest’s single limited partner – the banking giant Wells Fargo – likes what it sees, it’s easy to see why. Read More

from TechCrunch

Today’s Deals – Spotify Buys Cord Project And Soundwave To Expand Messaging And Social Features

spotifylogo On the same day that streaming rival Deezer announced a new cash injection of €100 million, Spotify has confirmed two new acquisitions, Cord Project and Soundwave. The startups are based respectively in New York and Dublin and focus on social and messaging. The acquisitions point to Spotify possibly ramping up its social features — specifically in areas like messaging. But that will… Read More

from TechCrunch

Today’s Deals – After Cancelling Its IPO, Deezer Raises Another $109M From Access And Orange

deezer Deezer, the Paris-based music and other audio streaming service with 6.3 million users that planned but ultimately cancelled an IPO last year, has now tapped existing investors for more funding. Today the company is announcing that it has raised another €100 million ($109 million), led by Warner Music Group owner Access Industries and with participation also from French carrier Orange.… Read More

from TechCrunch

Today’s Deals – FreedomPop Raises Another $50M, Launches “Free” Global Data Hotspot And SIM

FreedomPop-SIM-card-2 FreedomPop, the startup disrupting the businesses of traditional mobile carriers by giving people ways to use mobile devices free of any charges — is today adding another sizeable round to its coffers: the company has raised $50 million, money that it will be using to continue its global rollout beyond its home market of the U.S. and to help launch new international products, specifically… Read More

from TechCrunch

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