Munchery, a fast food delivery company specializing in microwaveable meals, is close to an $85 million financing round valuing the company at $300 million, The Wall Street Journal reports. Menlo Ventures and…


THE BUSINESS OF TECHNOLOGY
Munchery, a fast food delivery company specializing in microwaveable meals, is close to an $85 million financing round valuing the company at $300 million, The Wall Street Journal reports. Menlo Ventures and…
Shopify, a Canadian provider of e-commerce solutions to small and medium sized enterprises, went public on Thursday after selling shares at $17 apiece, up from an initial price range of $12-$14, to raise around $131 million.
Digital advertising startup Magnetic has raised a $25 million round of equity funding led by Edison Partners, with participation from Charles River Ventures, ORIX Ventures, the Honeywell pension and others. The company…
Metabiota, which attempts to predict the outbreak of diseases, has raised $30 million in Series A funding, TechCrunch reports. The company uses computer modeling to help predict and prevent disease outbreaks across…
MuleSoft, a San Francisco, Calif.-based company with a platform that connects different applications, data sources, and APIs used frequently in the enterprise, has raised $128 million to bring total funding to $258.5…
Drizly, an alcohol delivery app, has raised $13 million in Series A financing from Polaris Partners, with participation from First Beverage Group and existing investors. The company will use the funding to…
Verizon has purchased AOL for $4.4 billion. The $50 per share price represents a 23 percent premium over the weighted average of AOL’s stock price over the last three months.
Ride-sharing app Lyft has raised an additional $150 million in funding, led by $100 million from Carl Icahn’s Icahn Enterprises. The company is now reportedly worth $2.5 billion. “We are very happy…
Mobile marketing software company Percolate has secured $40 million in a round led by Lightspeed Ventures. Additional participation came from returning backers Sequoia Capital, GGV Capital, First Round Capital, and Lerer Ventures.…
Instart Logic, a cloud application delivery provider, has raised $43 million in a funding round led by new investors Four Rivers Group and Hermes Growth Partners. Previous backers Andreessen Horowitz, Kleiner Perkins…