Tech-Internet M&A and Investment Database

Be kept informed of the latest tech deals. Get up-to-the-minute analysis about the day’s most interesting fundings and exits. Internet DealBook is a database that tracks the latest angel, VC, private-equity investment and M&A activities across Internet- and technology-related private companies all around the world.

Archive | Daily News RSS feed for this section

LiveNinja secures $2 million in funding

Commentary
In the last couple of years, messaging apps have started to surpass social networks when it comes to where people spend most of their time. Today, messaging apps are a potent channel not just for daily communication, but for commerce as well. Customer chat is now a hot space, with chatbots slowly taking over humans in areas like customer service, marketing and secretarial work. However, most businesses still require that extra level of human support, and this is where LiveNinja comes in. LiveNinja aims to humanise the way individuals interact online. It offers companies a live customer platform, which allows brands to give their customers a personalised, enjoyable, face-to-face experience directly on their website or via the in-store experience with its video kiosk. Yesterday, LiveNinja announced it has secured another $2 million. The capital will be used to combine live web chat and messaging on its platform.

You can read about the funding here.

Adobe acquires Livefyre

Commentary
Photoshop creator Adobe is adding content marketing to its many offerings. Today, the company announced it has acquired Livefyre, a social commenting platform that manages comments written by website visitors. Notable customers of Livefyre are CNN, Huffpost Live, Cox Media, Coca-Cola and News Corp. According to sources, Adobe plans to consolidate Livefyre into its Adobe Experience Manager, which will allow brands to use user-generated content for their marketing campaigns.

You can read about the acquisition here.

French startup revolution

Commentary

The startup scene in France is booming. In 2015, the French startup ecosystem enjoyed incredible growth, with tech startups raising more than €960 million and M&A activity generating more than €900 million. Thanks to the large rounds from companies like BlaBlaCar and Sigfox, as well as promotion from the government-sponsored La French Tech program, venture capitalists are starting to show interest for French startups too. This week alone, Drivy, Lendix, Bnbsitter, Sqreen and Actronika received funding from local and foreign investors. On the acquisition front, Finsquare was acquired by local player Lendix, and Withings was acquired by Nokia. 

SpaceVR raises $1.25 million

Commentary

Last year, SpaceVR used Kickstarter to fund the idea of sending a virtual reality satellite camera into space. Now the company has raised $1.25 million to finally send it into orbit. According to SpaceVR founder Ryan Holmes, its first VR satellite camera, Overview 1, will be sent to the International Space Station and launched into orbit in 2017 via a NanoRacks launcher. Once in orbit, the camera will give users immersive panoramic views of the planet and outer space, and it will allow them to see and and experience 360-degree video content. According to SpaceVR, its VR content is available for space fanatics for $35 for 12 months.

You can read about the funding here.