Archivio Categoria: venture capital funding

Sber500 Accepts Third Batch Entries

RUSSIA – Sber and 500 Startups are launching the third batch of Sber500, its international IT startup accelerator. The program leverages the capabilities of Sber, Russia’s largest bank, as well as 500 Startups, a global venture capital firm. The closing date for entries is January 10, 2021. The third batch of the accelerator differs from […]

Alliance Data Closes Acquisition of Bread, For $450M

USA – Alliance Data Systems Corporation (NYSE: ADS), a Columbus, Ohio-based provider of data-driven marketing, loyalty and payment solutions, completed the acquisition of Lon Inc., a technology-driven digital payments company operating under the trademark Bread.  The acquisition was completed under the terms of the previously announced definitive agreement entered into on October 28, 2020. Alliance Data’s aggregate consideration for this acquisition, […]

Correlia Biosystems Raises $7M in Series A Funding

USA – Correlia Biosystems, a Berkeley, CA based life science startup, closed a $7m Series A financing round. The round was led by Neotribe Ventures, joined by Cota Capital, the Regents of the University of California, and others. NeoTribe Ventures joins Correlia’s board of directors as part of the financing. The company intends to use the funds for the commercial […]

Wellory Raises $4.2M In Funding

USA – Wellory, a NYC-based anti-diet app that delivers 1-1 personalized nutrition coaching, raised a total of $4.2M in funding. The round was led by Story Ventures, with participation from Harlem Capital, the Co-Founders of Tinder Sean Rad and Justin Mateen, Ground Up Ventures, NBA Player Wayne Ellington, Hannah Bronfman, as well as executives from Google, Amazon, Glossier, among […]

Lightspeed POS Acquires Upserve, for $430M

CANADA – Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a Montreal, Canada-based provider of cloud-based, omnichannel commerce platforms, acquired Upserve Inc., a restaurant management cloud-software company based in Rhode Island. Lightspeed acquired Upserve for estimated total consideration of  $430m, consisting of approximately $123m in net cash and up to 5,895,365 subordinate voting shares in the capital of Lightspeed, subject to customary post-closing […]

Rakuten Acquires Fillr

AUSTRALIA – Rakuten Americas, the North American division of Rakuten Inc., has completed the acquisition of Fillr, a Melbourne, Australia-based provider of an intelligent autofill service. The terms of the acquisition were not disclosed. Co-founded by Chris Koch, CEO, and Chad Stephens, who will continue to lead the team from Melbourne, Fillr provides an autofill platform that grows […]

Deloitte to Acquire HashedIn Technologies

INDIA – Deloitte Consulting has agreed to acquire HashedIn Technologies Private Limited, a Bengaluru, India-based high-end product development and software engineering firm. The amount of the deal – subject to customary closing conditions – was not disclosed. This acquisition continues Deloitte’s strategic investment in scaling core engineering capabilities to augment its deep business domain knowledge. The […]

Esports One Raises $4M in Funding

USA – Esports One, a Los Angeles, CA-based all-in-one fantasy esports platform with real-time predictive data, raised $4m in additional funding. The round was led by XSeed Capital, Eniac Ventures, and Chestnut Street Ventures. The company intends to use the funds to develop its core product, expand its user base and game partners, continue to […]

Everlywell Raises $175M in Series D Financing

USA – Everlywell, an Austin, Texas-based digital health company, raised $175m in Series D financing. Backers included new investors BlackRock, The Chernin Group (TCG), Foresite Capital, Greenspring Associates, Lux Capital, Morningside Ventures, and Portfolia, as well as existing investors Goodwater Capital, Highland Capital Partners, and Next Coast Ventures. This investment brings the total capital raised […]

Sourcegraph Raises $50M in Series C Funding

USA – Sourcegraph, a San Francisco, CA-based Universal Code Search company, secured $50m in Series C funding. The round was led by Sequoia Capital. In conjunction with the funding, Andrew Reed, partner at Sequoia, joined Sourcegraph’s Board of Directors. The company, which has raised a total of $98m in funding to date, will use the new […]