THE BUSINESS OF TECHNOLOGY
Line0, an online food delivery service with current operations in Shanghai, Shenzhen, and three other Chinese cities, has secured $30 million in Series B financing from the Chinese Internet conglomerate Tencent and returning investors Sequoia Capital and Gobi Partners.
Careers marketplace and former Red Herring Top 100 winner Glassdoor has raised a $70 million round of financing led by Google Capital and Tiger Global.
Intel has stepped further into the wearable space by making a $24.8 million investment into Vuzix, a supplier of video eyewear for smart glasses.
Mobile game developer PuzzleSocial has secured $3 million in Series A funding.
Flipkart, an Indian e-commerce website, has raised $700 million from new investors Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates and Qatar Investment Authority.
OnDeck Capital, an online lender specializing in loans to small businesses, raised $200 million in its IPO this week.
Food technology company Hampton Creek has raised $90 million in Series C funding led by Horizon Ventures and Khosla Ventures.
Redfin, a provider of real estate search and brokerage services, has secured $70.9 million in an investment round led by Wellington Management Company and Glynn Capital Management.
Arie Abecassis, Venture Partner at Dreamit Ventures, asks how big a differentiator capital is in crowded markets.
FarmLogs, an agricultural tech startup, has raised $10 million in Series B funding.