Series A Palo Alto, Calif.-based big data analytics company Metanautix has raised $7 million from Sequoia Capital and angel investor Shiva Shivakumar, an early Google employee and current CEO of UrbanEngines. CEO…
Scytl raises additional $44m – Investment Round Up
Series A Haha Pinche, a car sharing app based in China, has raised $10 million in Series A funding, in a round led by Sequoia Capital. Innovation Works also participated in the…
IPO+M&A Watch: Mobileye, Synchrony, Apple
IPO This week’s activity in the public markets was headlined by the stock market debut of Synchrony Financial, GE’s consumer finance arm divested as a separate, public entity. Synchrony finances private label…
Kabam raises $120m in funding from Alibaba – Investment Round Up
Seed funding Resy, a restaurant reservations app, has raised a $2 million seed round led by Vayner/RSE and Lerer Ventures. Panarea Capital, A-Grade Holdings, Slow Ventures and Ken Austin also participated. The…
Samsung suffers third straight quarter of declining profits
Samsung has posted a 20% drop in net profit in its latest earnings report. The South Korean company also announced the worst performance by its smartphone business since the second quarter of…
Sony’s surprise Q2 profits belie poor annual figures
Sony Corp posted surprise second-quarter profits today, despite warning of big year-end losses. Net income for the three months ending June was $260.82 million, compared to $30.1 million for the same quarter…
Epic Sciences raises $30m Series C – Investment Round Up
Seed funding San Francisco-based gaming studio JuiceBox Games has raised a $2.5 million seed funding round led by Initial Capital. General Catalyst, Index Ventures and Maveron also participated. JuiceBox produces free-to-play mobile…
Twitter stock soars as World Cup boosts user figures
Twitter’s stock soared after the company posted better than expected earnings and user growth in its quarterly report. Shares in the social media company jumped as much as 35% in after-hours trading…
Flipkart raises massive $1 billion funding round – Investment Round Up
Series A Kurbo Health, a mobile program to help people lose weight, has raised $5.8 million in Series A funding from Signia Venture Partners, Data Collective, Bessemer Venture Partners and Promus Ventures.…
IPO + M&A Watch: Google, Rocket Internet, LinkedIn
IPO Rumors that the Gilt Groupe is preparing for a fall IPO were fueled this week by news that the company underwent a significant reorganization, which saw CMO Lizzie Francis and VP…