Qumulo, an enterprise data storage startup and former Red Herring Top 100 winner, has closed a $40 million Series B funding round led by Kleiner Perkins Caufield & Byers. Previous backers Highland…
Pley grabs $10m Series B for Lego sharing platform
Pley, a “Netflix for Lego” company, is the recipient of $10 million in Series B financing from Sozo Ventures, Floodgate, Correlation Ventures, Maven Ventures, and Allegro Venture Partners.
Apttus raises $41m Series B round
Apttus, which helps companies manage their sales cycles, has raised $41 million in a Series B funding round led by Salesforce Ventures. K1 Capital and Iconiq also participated. The company previously raised…
Alibaba’s regulators row, Apple catches Samsung and Amazon profits
Alibaba came under brief scrutiny from the Chinese commerce regulator this week, before a report criticizing the firm’s efforts to deter the selling of counterfeit products on its site was promptly played down.
The Exit Report: Travelocity, Box, Pixelapse
Travelocity, a pioneer in online travel booking founded in 1996, has been purchased by Expedia for $280 million from the Sabre Corporation.
GIPHY lands $17m for GIF search engine
GIPHY, a GIF search engine, has raised $17 million in Series B financing led by Lightspeed Venture Partners, with participation from General Catalyst and previous backers.
Google’s earnings fail to meet Wall Street expectations
Google missed analyst expectations with its fourth quarter earnings, posting adjusted earnings of $6.88 per share, up from $6.01 per share a year earlier, but missing estimates of $7.11. The search giant’s…
Facebook posts 34% increase in profits
Facebook reported a 34% rise in profits for Q4 of 2014, on the back of strong performance in mobile advertising. The social media giant’s earnings of $701 million or $0.54 per share also…
Meta raises $23m for augmented reality glasses
Augmented reality wearable startup Meta has closed a $23 million Series A funding round. Horizons Ventures, Tim Draper, BOE Optoelectronics and Y-Combinator partners, Garry Tan and Alexis Ohanian led the round.
Earnest raises $17m Series A, moves into student loan refinancing market
Earnest, a loan refinancing platform, has raised $17 million in Series A funding led by Maveron. The company will use the funds to expand across the U.S. and develop additional lending products.…