Uber has raised $1.2 billion in investment, valuing the company at more than $40 billion.
SoftBank invests $250m into GrabTaxi
SoftBank has invested $250 million into GrabTaxi, a Singapore-based taxi booking application.
Stripe valued at more than $3.5bn after latest investment
Stripe announced a new round of venture financing that reportedly values the online payments company at over $3.5 billion, double what it was worth less than a year ago.
Cleaning service Helpling secures $17m Series A
The on-demand cleaning service Helpling has secured $17 million in Series A financing from Mangrove Capital, Phenomen Ventures, Point Nine Capital, and Delivery Hero founder Lukasz Gadowski.
Narrative Science secures $10 million investment led by USAA
Narrative Science, an automated narrative generation provider, has raised $10 million in Series D funding led by USAA.
The Exit Report: Cooliris, Cimatron, Advanced Computer Software Group
Yahoo has paid an undisclosed amount to acquire Cooliris, an eight year old, Kleiner Perkins-backed photo software company.
African e-commerce company Jumia secures $150m funding round
Jumia, an African e-commerce company, has raised €120 million ($150 million) in funding from existing shareholders.
Flipkart secures another $600m, taking funding total to nearly $2.5bn
In what is being referred to as a “Series H,” the Indian e-commerce platform Flipkart has raised $600 million just months after taking in $1 billion.
Anonymous message board app Yik Yak reportedly raises $62m
Anonymous messaging app Yik Yak has raised $62 million in funding, according to the Wall Street Journal.
Peer-to-peer car rental service Getaround raises $24m
Getaround, an online peer-to-peer car rental service based out of San Francisco, today received a Series B cash injection that will allow it to move into other cities in the U.S.