Home décor website Houzz has raised a $165 million funding round led by Sequoia Capital.
PayPal spun off as digital payments market grows ever larger
EBay announced this week it will spin off PayPal in the second half of 2015, but that’s just the latest sign that financial services is in a software-induced flux. Although PayPal pioneered…
Reddit secures $50m Series B investment
Seed funding Hipcamp, an advanced search service for finding and comparing campgrounds across a wide range of criteria, has raised $2 million from O’Reilly AlphaTech Ventures, Slow Ventures, Maiden Lane Ventures, the…
Credit Karma snaps up $75m in growth funding
Credit Karma, a consumer finance company, has raised $75 million in growth funding from Google Capital, Tiger Global Management and Susquehanna Growth Equity, all of which are previous investors.
Consumer robotics startup Anki raises $55 million Series C round
Consumer robotics company Anki has raised a Series C round worth $55 million, led by J.P. Morgan. Previous investors Andreessen Horowitz, Index Ventures and Two Sigma also participated according to Re/code.
The Exit Report: Wayfair, Yodlee, Hubspot
The online home furnishings company Wayfair hopes to raise over $300 million when it goes ahead with its IPO. The company’s intention to do so was made public last month, though the Boston-based firm had filed with the SEC under the JOBS Act before that.
T-cell therapy company Adaptimmune raises $104m
Adaptimmune, a biotech company focused on using T-cell therapy to treat cancer and infectious disease, has secured $104 million in Series A financing. New Enterprise Associates (NEA) led the round, and other new investors included OrbiMed Advisors LLC, Wellington Management Company, LLP, Fidelity Biosciences, Foresite Capital Management, Ridgeback Capital Management, Novo A/S, QVT, Rock Springs Capital, venBio Select and Merlin Nexus.
Hootsuite secures $60m investment round
The social media management platform Hootsuite has secured a $60 million investment from a host of backers, including Accel Partners, Insight Venture Partners, OMERS Ventures, Silicon Valley Bank, and likely Fidelity.
Germany’s most active VCs
Despite some high profile tech setbacks, such as those suffered by Uber and Google, the German technology sector is thriving. Despite slow national growth overall, small and medium companies comprise 99.7% of…
Qualtrics raises $150 million Series B round
Qualtrics, an online survey company based in Provo, UT, has raised a staggering $150 million in Series B funding from Insight Venture Partners and existing backers Sequoia Capital and Accel Partners.