Seed/Series A Gene data analysis is a hot sector for investment this week. Artis Ventures has led a $6.8 million Series A round for Omicia, a company that researches and interprets genetic…
Chinese P2P lending company bags $130m Series A – Investment Round Up
Series A Renrendai, the Chinese peer-to-peer lending portal, gained $130 million in a Series A round, with funding split between Trustbridge Partners and an undisclosed investor. According to a report by Celent,…
Battery tech-maker Amprius raises $30 million – Investment Round Up
Mid-Rounds Amprius, which aims to develop longer-lasting batteries for devices such as smartphones, has raised $30 million in a Series C investment round led by SAIF Partners. Previous investors, including Kleiner Perkins,…
ff Venture Capital to Public: We Are Fundraising
An eighty-year-old ban on general solicitation, officially lifted in September, denied startups and VCs alike the power to announce fundraising plans publicly. Suddenly ungagged, some startups jumped to declare they sought money,…
Alert Logic Announces Deal with Welsh, Carson, Anderson & Stowe
Cloud data security company Alert Logic announced today that its executive management, together with private equity firm Welsh, Carson, Anderson & Stowe, now owns a majority interest in Alert Logic. With the…
Facebook Acquires Team Behind Jibbigo Speech Translation App
Facebook has acquired Mobile Technologies, the 12 year old company behind Jibbigo, a speech recognition and machine translation app. The app is the first to offer speech to speech translation in both…
Coursera Scores $43M to Take Online Education Global
Coursera, the online education startup, has raised a $43 million round to further propel its burgeoning growth as it takes its platform international and multi-lingual. The Series B round was led by…
Scality Raises $22M to Globalize Scale-Out Data System
Big data is the next revolution in business, and Scality strives to turn the industry on its head through a low pricing model that uses multiple distribution points for an easily scalable…
Delivery Hero Scores $30M in Series D to Pocket a Profit
By Matt Gallagher, Red Herring Though many in the online food delivery space find themselves stuck in the rush hour of tech, Delivery Hero landed a decent funding round recently from the…
Fab Scores $150M at $1B Valuation to Expand Internationally
Fab has come a long way since its original debut back in 2010 as Fabulis.com, a gay social network. The company evolved from a social meet up place into a flash-sales pipeline,…