Butterfly Network has raised $100 million to manufacture handheld medical imaging devices. The company’s device aims to make ultrasounds and MRIs easier and cheaper to conduct.
The Exit Report: Roku, Revolv, Rooftop Media
A week after disclosing $25 million in new funding, the streaming device company Roku is apparently working with BofA Merrill Lynch and Citigroup on its IPO.
Communication platform Slack raises $120m at $1.12bn valuation
Enterprise communication tool Slack has raised $120 million at a post-funding valuation of $1.12 billion. Kleiner Perkins Caufield & Byers and Google Ventures led the investment into the company, which only launched its platform to the public eight months ago.
Athlete platform Strava secures $18.5m in funding
Strava, platform connecting athletes, has secured $18.5 million in a Series D round led by Sequoia Capital. Sigma West and Madrone Capital Partners also participated in the round.
Personal Capital secures $50m Series D
Personal Capital, a digital wealth management company, has raised $50 million Series D funding led by Corsair Capital. BBVA Ventures and USAA also participated in the round, as did existing investors IVP, Venrock and Crosslink.
Wealthfront raises $70 million Series D
Automated investment service Wealthfront has secured a $70 million Series D from a currently undisclosed list of investors.
Olacabs reportedly raises $210 million
Olacabs, a Bangalore, India-based cab booking service, has raised $210 million in new funding from SoftBank Corp, The Economic Times reports.
Exit Report: Lending Club, Good Technology, EMC
It was another light week in tech-related IPO activity. Perhaps the biggest news was that the peer-to-peer loan platform Lending Club will list on the New York Stock Exchange when it goes public before the end of the year.
Ello secures $5.5m funding, commits to no-advertising approach
Ello, the social media website, has raised $5.5 million in funding, led by Foundry Group.
Koudai secures giant $350 million Series C funding round
Chinese mobile shopping website Koudai Gouwu has secured a $350 million Series C funding round, led by Tencent and Tiger Fund.