Founder Collective, the seven-year-old, Cambridge, Ma.-based seed-stage venture fund, has closed its third fund with $75 million in capital from a small group of limited partners whose so-called anchor investors are the the firm’s three partners: David Frankel, Micah Rosenbloom and Eric Paley.
“Unlike most funds, the partners are, in fact, the single-largest investor in [our new fund]. Read More
from TechCrunch
Singapore’s Jungle Ventures today confirmed the final close of its newest $100 million fund for investments in Southeast Asia. The firm first announced plans for the fund, which is its second, in September 2015 when it completed a first close. Read More
from TechCrunch
Dubsmash, the lip-syncing video app from Berlin that became a surprise social hit last year, has raised Series B funding.
According to multiple sources — and now confirmed by the company — Sunstone Capital has led a €9 million (~$9.6m) round with participation from Index Ventures, Balderton Capital, Eniac Venture, and Lowercase Capital. Read More
from TechCrunch
SUSE, which probably is best known for its Linux distribution, has long been a quiet but persistent player in the OpenStack ecosystem. Over the last few months, though, the German company has also emerged as one of the stronger competitors in this world, especially now that we are seeing a good bit of consolidation around OpenStack. Today, SUSE announced that it is acquiring OpenStack and… Read More
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Clue, an app built on machine learning to track a woman’s monthly menstrual cycle, announced it has raised $20 million in Series B funding today. The money comes from several investors with a focus in the healthcare space and was led by Nokia Growth Partners (NGP). Other participants in the round include existing investors Union Square Ventures, Mosaic Ventures, Brigitte Mohn and… Read More
from TechCrunch
Mojiworks, new startup from the founders of Wonderland, the UK gaming startup acqui-hired by Zynga back in 2011, is on a mission to turn Apple’s iMessage into a social gaming platform. Read More
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Make way for another startup that wants to shake up the world of music and audio technology. Devialet, the French developer of high-end speakers and the IP behind the sound systems that make them go boom, has raised €100 million ($106 million). This is a strategic growth round that is bringing in a number of high-profile new investors — and with them, a lot more audio… Read More
from TechCrunch
Stripe — the company that lets websites and apps incorporate payments services by way of an API and a few lines of code — has raised another round of funding, a Series D of $150 million at a $9 billion valuation pre-money; $9.2 billion post-money. At a time when many have questioned whether the most valuable so-called “unicorns” of the startup world are being… Read More
from TechCrunch
Palantir — that $20 billion secretive outfit that provides government, finance, healthcare and other organizations with analytics, security and other data management solutions — has raised another $20 million in funding, according to a new SEC filing. It’s a relatively modest amount for the company. In its last fundraising, in December 2015, Palantir closed off… Read More
from TechCrunch
French startup Wynd has raised a $31.7 million Series B round (€30 million) from Sodexo Ventures and Orange Digital Ventures, with Bpifrance also participating. Orange Digital Ventures had already invested in the Series A round with Alven Capital. Wynd is working on a software-as-a-service solution to replace your existing point-of-sale service that you use in your restaurant or store.… Read More
from TechCrunch