Chinese car-ride hailing company Didi Kuaidi, the biggest competitor to Uber in China, has raised $2 billion in funding. The company has said in a statement that the amount may rise by…
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THE BUSINESS OF TECHNOLOGY
Chinese car-ride hailing company Didi Kuaidi, the biggest competitor to Uber in China, has raised $2 billion in funding. The company has said in a statement that the amount may rise by…
Men’s razor company Harry’s has closed a $75.6 million Series C funding round led by Wellington Management. TechCrunch reports that the company is valued at $750 million post money. Harry’s sells its…
Product content management software provider Salsify has secured $16.6 million in Series B funding. Venrock led the round of financing, with participation from Matrix Partners and North Bridge, both existing investors. Salsify…
Rocket Internet’s Global Fashion Group has raised $150 million in financing from Kinnevik and Rocket Internet itself. The group was formed last September when Rocket Internet merged five of its fashion e-commerce…
Adaptive Insights, a cloud corporate performance management company, has raised $75 million in funding. The startup will use the funds for global expansion and product innovation. JMI Equity joined previous backers Norwest…
Israeli security startup Checkmarx has raised $84 million in funding from Insight Venture Partners. The company will use the new funds for global expansion and product development. Checkmarx provides application security testing…
Financial services startup Credit Karma has raised a $175 million Series D funding round from Tiger Global Management, Valinor Management and Viking Global Investors LP. The company will use the funds for…
Casper, a startup selling mattresses online, has closed a $55 million Series B investment round led by Institutional Venture Partners. Leonardo DiCaprio, Tobey Maguire, Adam Levine, Scooter Braun, and Pritzker Group Venture…
Dollar Shave Club, the online seller of razors and other grooming products, has raised $75 million in funding, landing a valuation of more than $500 million pre-funding, Re/code reports. The company last…
Alibaba and Foxconn have invested $236 million into the SoftBank’s robotics division. The two companies have pumped $118 million into SoftBank Robotics Holdings for a 20% stake each. SoftBank retains a controlling…