Blue Jeans Network, a provider of cloud-based video collaboration services, has raised $76.5 million in new funding led by NEA. Previous investors Accel, Battery Ventures and Norwest Venture Partners were joined by…
Red Herring names 2015 Top 100 Asia winners
The Red Herring team would like to congratulate its 2015 Top 100 Asia winners. Accolades were bestowed on the evening of September 16 based on qualitative and quantitative criteria involving financial performance,…
Apple’s China app store attacked, AA flights grounded and ad-blocking apps boom
This week’s featured cyber attack victim is Apple. The company’s iPhone and iPad users in China have been hit by a malicious program targeting the App Store.
HelloFresh secures $85m at $2.9bn valuation
Food delivery startup HelloFresh, backed by Rocket Internet, has raised $85 million at a valuation of $2.9 billion. The company offers fresh meal delivery in seven different countries, and now delivers over…
Oscar grabs $32.5m at $1.75bn valuation
Google Capital has invested $32.5 million in health insurance startup Oscar, reports the Wall Street Journal. The deal brings the company’s total funding raised to more than $350 million and values Oscar…
Ipsy raises $100m for subscription-based beauty products
Ipsy, a startup selling monthly subscriptions to bags of beauty products, has raised $100 million in Series B funding from TPG Growth and Sherpa Capital. The company, which was founded by YouTube…
Orchard Platform grabs $30m Series B round
Orchard Platform, an infrastructure provider for marketplace lending, has raised $30 million in Series B funding. Thrive Capital led the round with participation from Jon Windelried, Victory Park Capital, Thomvest Ventures and…
India’s Bitcoin use set to surge in 2016
India may only be the 10th largest economy in the world, but it is the fourth-fastest-expanding, with a forecasted GDP growth of around 5.5% this year. As the country’s major cities are…
Okta raises $75m at $1.2bn valuation
Identity and mobility management company Okta has raised $75 million in new financing at a valuation of $1.2 billion. Andreessen Horowitz, Greylock Partners and Sequoia Capital led the funding round, with participation…
Uber raises another $1.2 billion, looks to expand further in China
Ride-hailing app Uber has raised another $1.2 billion, as the company looks to expand into 100 Chinese cities over the next 12 months. Technology giant Baidu provided the funding, which was announced…