Blue Apron, a recipe and fresh ingredient delivery service, has secured $135 million in funding led by Fidelity Management and Research Company. The cash will be used to scale the company’s network…
Delivery Hero secures $110m funding at $3.1bn valuation
Delivery Hero, the German food delivery service, has raised $110 million from two undisclosed U.S. investors. The latest funding round values the company at $3.1 billion. Previous investors in Delivery Hero include…
Softbank makes $1bn Coupang investment
Softbank has revealed it will invest $1 billion in Coupang, the South Korean mobile commerce company. Softbank joins the likes of BlackRock, Sequoia Capital and William Ackman as a Coupang investor. Coupang…
GoProne drone plan, Silk Road founder sentenced to life and Google conference
GoPro, already the world’s established leader in action cameras, is moving forward into two growing markets: drones and virtual reality.
The Exit Report: Broadcom, Metaio, Alarm.com
Avago Technologies has agreed to buy fellow chipmaker Broadcom for around $37 billion, in what Bloomberg describes as the biggest pure tech M&A deal in history.
Weibo invests $142m into Didi Kuaidi
Weibo, the Chinese microblogging platform, will invest $142 million in taxi-haling startups Didi Taxi and Kuaidi Taxi. The two firms merged in February to form Didi Kuaidi, which Reuters reports to be…
Virgin Pulse grabs $92m in funding
Virgin Pulse, a workplace wellbeing company, has raised an additional $92 million in funding. Insight Venture Partners led the round, with participation from existing investor Virgin Group. “Virgin has long held the…
Snapchat CEO Spiegel says company has IPO plan
Evan Spiegel, the co-founder and CEO of Snapchat, has revealed he has a plan for an IPO and won’t be entertaining any acquisition offers for the social networking company. Spiegel famously turned…
DocuSign adds another $45m to Series F round
Dell and Intel Capital have added $45 million to the Series F funding round of DocuSign, a document management company and former Red Herring Top 100 winner. The company’s latest round of…
Charter agrees $55bn deal for Time Warner Cable, waits on regulatory approval
Charter Communications, the third biggest cable TV operator in the U.S., has offered to buy the second largest, Time Warner Cable, in a $55 billion deal. Charter offered $195.71 in cash and…