Archive | October, 2014

Is digital art the next big thing?

Commentary

The advent of the digital technology had artists turning to their computers and drawing tablets to create art. The younger generation, specifically, are more receptive to digital art and are more likely to purchase and invest in pieces. And as the market for “fine” contemporary art becomes more and more expensive, digital art is becoming a more affordable alternative. The burgeoning market for digital art has sparked the growth of online marketplaces, some of which have received funding from investors. Depict, a San Francisco-based platform for digital art has raised $1.6M recently; and Artspace, a digital marketplace for fine art and designs from artists, raised $8.5M last year. Today, Curioos, a curated marketplace for digital art based in New York City, has grabbed $1.9 M from investors. Additionally, sites like Sedition and Art.sy are becoming more and more popular among art aficionados, further proof that technology is indeed changing the art world status quo.

You can read about the Curioos investment here.

Is Telemedicine the future of outpatient care?

Commentary

Rapid advances in computer equipment, software, and internet technology have made telecommuting an acceptable way to communicate in business. Now we can connect digitally, device to device; share documents and files; and even conduct video meetings and conferences. Today the concept of remote communication is now being used in the field of medicine. Coined as “telemedicine,” which literally means healing at a distance, telemedicine is described as the ability to provide interactive healthcare using modern communication technologies. Now patients can consult their physicians live over video to avail of immediate care. Videos and still images of patients with ailments can also be sent to physicians for diagnosis or follow up treatment. The beauty of telemedicine is, wherever you are in the world, you can use the technology to instantly connect you to a specialist.

One startup at the forefront of telemedicine technology is Bright.md, a Portland-based company that has the SmartExam™ platform that connects patients to their physicians using their home computer or mobile device and allows them to receive treatment for less cost. Bright.md has closed a $1 million round of seed funding today. You can read about the funding here.

The rise of Fintech

Commentary

Financial Technology or “Fintech” is changing the financial services industry and redefining the way people bank, borrow, invest and exchange money. Today, there are countless alternatives to traditional banks. There’s online banking, peer-to-peer lending, crowdfunding, online trading and many more. The industry is growing rapidly and venture investment is also on the rise. According to Accenture, global investment in Fintech ventures in the past five years has increased from a little over $900 million in 2008 to more than $2.97 billion in 2013. This trend is expected to continue with a global investment forecast of $8 billion by 2018.

One of the hottest sectors in the Fintech industry today is the peer-to-peer money transfer space. To date, this sector has enjoyed continuous funding from investors. TransferWise recently received an additional $25 million from existing investors and Sir Richard Branson, CurrencyFair raised $2.5 million led by Frontline Ventures, and WorldRemit enjoyed a $40 million investment led by Accel Partners. Today, WeSwap, an online, peer-to-peer travel money exchange service that charges a service fee of just 1%, received $7.5M from investors. Read about the funding here.

Weekly Update – October 27, 2014

      Total Deal Value (USD) –  $3,008,911,265                            Total Deal Number – 102

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $840,000,000 Digital River Siris Capital Group Ecommerce Acquisition
2 $542,000,000 Magic Leap Consortium Software & Services Investment
3 $350,000,000 Koudai Tencent, Tiger Fund Ecommerce Investment
4 $185,000,000 Mozido Consortium Mobile & Apps Investment
5 $110,000,000 Spikes Security Consortium Software & Services Investment
6 $100,000,000 Mirantis Consortium Software & Services Investment
7 $100,000,000 Tokopedia Consortium Transactions Investment
8 $75,000,000 Yodlee Undisclosed Software & Services Public
9 $65,000,000 GrabTaxi Consortium Transactions Investment
10 $55,000,000 51Talk Consortium Software & Services Investment
11 $39,000,000 Answers Corp. Undisclosed Media Investment
12 $35,000,000 Nexgate Proofpoint Software & Services Acquisition
13 $32,500,000 Telcare Consortium Software & Services Investment
14 $30,000,000 Phreesia Consortium Software & Services Investment
15 $27,700,000 Benu Networks Consortium Hardware & Infrastructure Investment
16 $26,000,000 Snowflake Consortium Software & Services Investment
17 $25,000,000 Roku Menlo Ventures Hardware & Infrastructure Investment
18 $20,000,000 Snaplogic Consortium Software & Services Investment
19 $20,000,000 Playstudios Consortium Games Investment
20 $15,000,000 B2X Earlybird Venture Capital Software & Services Investment
21 $14,500,000 BitNet Consortium Transactions Investment
22 $13,300,000 Acumatica MYOB Software & Services Investment
23 $13,000,000 Technisys Consortium Software & Services Investment
24 $13,000,000 Tipalti Wicklow Capital. Software & Services Investment
25 $12,100,000 Urban Airship Consortium Mobile & Apps Investment
26 $12,000,000 Osmo Consortium Hardware & Infrastructure Investment
27 $12,000,000 Recurly Consortium Software & Services Investment
28 $12,000,000 Orchard Platform Consortium Software & Services Investment
29 $11,000,000 Mogl Consortium Transactions Investment
30 $10,700,000 Zignal Labs Consortium Software & Services Investment
31 $10,000,000 Kespry Lightspeed Venture Partners Hardware & Infrastructure Investment
32 $10,000,000 YieldMo Consortium Marketing Investment
33 $9,400,000 Flint Consortium Mobile & Apps Investment
34 $9,250,000 iCapital Network Undisclosed Software & Services Investment
35 $8,200,000 Opera Solutions Wipro Technologies Software & Services Investment
36 $8,000,000 Cazena Andreessen Horowitz, North Bridge Venture Partners Software & Services Investment
37 $8,000,000 Navera Bill Ericson, Gordon Ritter Transactions Investment
38 $7,000,000 Lytics Consortium Marketing Investment
39 $7,000,000 Glamsquad Consortium Transactions Investment
40 $7,000,000 TaskEasy Undisclosed Software & Services Investment
41 $6,800,000 KnowRe Consortium Software & Services Investment
42 $6,000,000 StackIQ Consortium Software & Services Investment
43 $5,500,000 HMicro Consortium Software & Services Investment
44 $5,500,000 Ello Consortium Media Investment
45 $5,000,000 Spring.me GRP Corporation Software & Services Investment
46 $5,000,000 ExecOnline Consortium Transactions Investment
47 $4,500,000 Argyle Data Undisclosed Software & Services Investment
48 $4,250,000 CareSync Consortium Software & Services Investment
49 $4,000,000 Fountain Shasta Ventures, First Round Capital Mobile & Apps Investment
50 $3,800,000 GDiapers Undisclosed Ecommerce Investment
51 $3,500,000 CrowdCare Extreme Venture Partners, Mantella Ventures Partners Mobile & Apps Investment
52 $3,500,000 Fortress Risk Management Consortium Software & Services Investment
53 $3,422,155 PrivateGriffe Consortium Ecommerce Investment
54 $3,200,000 Boostable Consortium Marketing Investment
55 $3,100,000 Small Giant Games Consortium Games Investment
56 $3,000,000 Xplenty Undisclosed Software & Services Investment
57 $3,000,000 Moogsoft Consortium Software & Services Investment
58 $3,000,000 Moov Banyan Capital Hardware & Infrastructure Investment
59 $3,000,000 YouAppi Consortium Mobile & Apps Investment
60 $2,800,000 Mailcloud Consortium Software & Services Investment
61 $2,500,000 Staq Consortium Software & Services Investment
62 $2,100,000 nousDECOR Consortium Transactions Investment
63 $2,000,000 Jostle Undisclosed Software & Services Investment
64 $2,000,000 Kartrocket Consortium Ecommerce Investment
65 $2,000,000 Vestorly Consortium Marketing Investment
66 $1,750,000 WeGoLook Consortium Software & Services Investment
67 $1,750,000 Charlie Consortium Mobile & Apps Investment
68 $1,700,000 La Belle Assiette Consortium Transactions Investment
69 $1,584,331 DisplayNote Technologies Kernel Capital Software & Services Investment
70 $1,265,300 MyBaze.com Undisclosed Ecommerce Investment
71 $1,200,000 Beautified Consortium Mobile & Apps Investment
72 $1,000,000 Loopd Consortium Marketing Investment
73 $1,000,000 Bureau 14 Newfund Software & Services Investment
74 $1,000,000 Capshare Consortium Software & Services Investment
75 $1,000,000 VideoElephant AIB Seed Capital Fund DBIC Transactions Investment
76 $876,000 Oneflare Consortium Transactions Investment
77 $760,479 Klikkapromo Andena Holding, Bincot Transactions Investment
78 $750,000 Attentive.ly New Media Ventures, Atlanta Tech Angels Software & Services Investment
79 $653,000 Misoca Incubate Fund, SMBC Venture Capital Software & Services Investment
80 $500,000 Sellegit IDG Capital Partners Mobile & Apps Investment
81 Undisclosed Bear Data Solutions Datalink Software & Services Acquisition
82 Undisclosed Club Apps Netpulse Mobile & Apps Acquisition
83 Undisclosed Drivetrain Slyce Software & Services Acquisition
84 Undisclosed Dynamic Learning Services iCollege Software & Services Acquisition
85 Undisclosed Macheen Good Technology Software & Services Acquisition
86 Undisclosed Perkla ID.me Ecommerce Acquisition
87 Undisclosed ShipWorks Stamps.com Software & Services Acquisition
88 Undisclosed Videoplaza Ooyala Software & Services Acquisition
89 Undisclosed Yinker Source Code Capital Transactions Investment
90 Undisclosed Distinction Skyscanner Mobile & Apps Acquisition
91 Undisclosed Firebase Google Software & Services Acquisition
92 Undisclosed MeetingsBooker.com Consortium Transactions Investment
93 Undisclosed POSIOS LightSpeed Software & Services Acquisition
94 Undisclosed SilverSky BAE Software & Services Acquisition
95 Undisclosed Walk Score Redfin Software & Services Acquisition
96 Undisclosed eddyson High-Tech Gruenderfonds Software & Services Investment
97 Undisclosed Filemobile Newzulu Media Acquisition
98 Undisclosed MangoPlate Softbank Ventures Korea Transactions Investment
99 Undisclosed Slack Sequoia Capital, KPCB Software & Services Investment
100 Undisclosed Restaurant-Kritik Yelp Transactions Acquisition
101 Undisclosed Revolv Nest Labs Hardware & Infrastructure Acquisition
102 Undisclosed Stitcher Deezer Media Acquisition

More information

  1. Digital River to be acquired by investor group for $840 million (Reuters)
  2. Magic Leap Completes $542m Series B Financing (FinSMEs)
  3. Koudai secures giant $350 million Series C funding round (Red Herring)
  4. Mozido Raises $185M in Series B Funding (FinSMEs)
  5. Spikes Security Raises $11M in Series A Funding (FinSMEs)
  6. Mirantis Raises $100M in Series B Funding (FinSMEs)
  7. Tokopedia Secures $100M (FinSMEs)
  8. Yodlee, a Hub for Financial Apps, Raises $75 Million in I.P.O. (NY Times Deal Book)
  9. Grabtaxi grabs another $65 million (with maybe more to come) (TNOOZ)
  10. English-leaning Site 51Talk Pockets Series C Financing Led by Sequoia Capital (TechNode)
  11. Answers Corp. group raises $39 million for new fund (St.Louis Biz Journal)
  12. Proofpoint acquires Nexgate for $35 million (SC Magazine)
  13. Telcare Raises $32.5M in Series C Funding (FinSMEs)
  14. Phreesia Closes $30M in Funding (FinSMEs)
  15. Benu Announces $27.7 Million Strategic Funding, and Hires Tech Veteran Dino Di Palma as CEO (Owler)
  16. Snowflake Computing Emerges From Stealth With $26M In Funding To Modernize The Data Warehouse (TechCrunch)
  17. Roku raises $25 million amid growing competition from Amazon and Google (VentureBeat)
  18. SnapLogic Accelerates Momentum with Series D Financing (BusinessWire)
  19. Playstudios Secures $20M in Series C Financing (FinSMEs)
  20. B2X Raises $15M For Smartphone Care, Buys Apple Partner TSS In India For $45M (TechCrunch)
  21. BitBeat: Bitnet Raises $14.5M in Funding Round (Wall Street Journal)
  22. Acumatica Raises $13.3M (FinSMEs)
  23. Technisys Raises US$13M in Series B Financing (FinSMEs)
  24. Tipalti Raises $13M in Series B Funding (FinSMEs)
  25. Urban Airship Raises $12.1M in Series D Follow-on Financing (FinSMEs)
  26. Osmo Raises $12M in Series A Funding (FinSMEs)
  27. Recurly takes $12M to end your software subscription headaches (VentureBeat)
  28. Orchard Platform Raises $12M in Series A Funding (FinSMEs)
  29. Mogl nabs $11M because getting cash back after a tasty restaurant meal won’t ever go out of style (VentureBeat)
  30. Zignal Labs Completes $10.7M Series B Round of Funding (FinSMEs)
  31. Kespry Raises $10M in Series A Financing (FinSMEs)
  32. YieldMo Raises $10M in Series C Funding (FinSMEs)
  33. Flint Mobile Raises $9.4M in Series C funding (FinSMEs)
  34. iCapital Network Completes $9.25 Million Financing from Consortium of Partners Led by Credit Suisse’s Private Fund Group (BusinessWire)
  35. Wipro invests $8.2 million in Opera Solutions (Owler)
  36. Cazena Raises $8M in Series A Funding (FinSMEs)
  37. Navera Secures $8M in Series B Funding (FinSMEs)
  38. Lytics Raises $7M in Series A Funding (FinSMEs)
  39. Glamsquad Raises $7M in Series A Funding (FinSMEs)
  40. TaskEasy raises $7M to mow your lawn (Silicon Slopes)
  41. KnowRe Raises $6.8M in Funding (FinSMEs)
  42. StackIQ Raises $6M in Series B Funding (FinSMEs)
  43. HMicro Raises $5.5M (FinSMEs)
  44. Ello Raises $5.5 Million, Legally Files As Public Benefit Corp. Meaning No Ads Ever (TechCrunch)
  45. Sprung From The Ashes Of Formspring, Spring.me Raises $5M To Create The “Friendliest Social Network” (TechCrunch)
  46. ExecOnline Completes $5M Series A Financing (FinSMEs)
  47. Argyle Data Raises $4.5M in Funding (FinSMEs)
  48. CareSync Raises $4.25M in Series A Funding (FinSMEs)
  49. Mint’s Aaron Patzer Launches Beta Version Of An On-Demand Answers App With $4 Million In Funding From Shasta And First Round (TechCrunch)
  50. GDiapers raises money, founders will leave Portland (Portland Biz Journal)
  51. CrowdCare Raises $3.5M (FinSMEs)
  52. Fortress Risk Management Raises $3.5M in Funding (FinSMEs)
  53. PrivateGriffe Raises €2.7M in Equity Funding (FinSMEs)
  54. Boostable Raises $3.2m in Seed Financing (FinSMEs)
  55. Buoyant Helsinki: Small Giant Games raises $3.1 million (PocketGamer)
  56. Xplenty rakes in $3 mln Series A (PE HUB)
  57. Moogsoft Raises $3M in Series B Funding (FinSMEs)
  58. Moov Secured $3M in Series A Funding (FinSMEs)
  59. YouAppi Raises $3M in Series A Funding (FinSMEs)
  60. Mailcloud Raises $2.8M in Seed Funding (FinSMEs)
  61. Staq Secures $2.5M in Series A Financing (FinSMEs)
  62. nousDECOR Raises $2.1M in Seed Funding (FinSMEs)
  63. Jostle Closes $2M Funding (FinSMEs)
  64. Kartrocket Raises $2M in Series A Funding (FinSMEs)
  65. Vestorly Raises over $2M in Seed Funding (FinSMEs)
  66. WeGoLook Raises $1.75M in Series A Funding (FinSMEs)
  67. Charlie Raises $1.75M in Seed Funding (FinSMEs)
  68. La Belle Assiette Raises $1.7M in Seed Funding (FinSMEs)
  69. DisplayNote Technologies Raises €1.25M in Series A Funding (FinSMEs)
  70. MCI invests in MyBaze.com, an online platform integrating sellers and buyers in the design industry. (MCI)
  71. Beautified Raises $1.2M in Seed Funding (FinSMEs)
  72. Loopd Raises $1M (FinSMEs)
  73. Newfund investment in Bureau 14 (Owler)
  74. Capshare Closes $1M in Funding (FinSMEs)
  75. VideoElephant Secures $1M in Funding (FinSMEs)
  76. Australian Service Directory Site Oneflare Raises $876,000 For International Expansion (TechCrunch)
  77. Klikkapromo Raises €600K (FinSMEs)
  78. Attentive.ly Raises $750K in Funding (FinSMEs)
  79. Japan’s cloud-based invoicing startup Misoca raises $653,000 (The Bridge)
  80. Startup scores $500K so its Peach app can add new twists to designer-brand auctions (VentureBeat)
  81. Datalink Acquires IT Solutions Provider Bear Data Solutions, Inc. (BusinessWire)
  82. Netpulse Acquires Assets of Club Apps (FinSMEs)
  83. Slyce to acquire mobile app agency Drivetrain (PE HUB)
  84. iCollege to snap up Dynamic Learning Services (Proactive Investors)
  85. Good Technology acquires Macheen, bolsters BYOD efforts (ZDNet)
  86. ID.me Targets Student Shoppers with Acquisition of Perkla (BusinessWire)
  87. Stamps.com Acquires E-Commerce Software Company ShipWorks (CNN)
  88. Ooyala Buys Euro Video Ad Startup Videoplaza In Its First Acquisition (TechCrunch)
  89. Source Code Capital Leads Series A In P2P Platform Yinker (Owler)
  90. Skyscanner acquires mobile developer Distinction (Skascanner)
  91. Google acquires Firebase to help apps span Android, iOS, Web (CNET)
  92. MeetingsBooker.com completes €1m funding round (Owler)
  93. Retail Software Startup LightSpeed Now Caters For Restaurants After Buying Belgian Startup POSIOS (TechCrunch)
  94. BAE steps up cyber drive with purchase of SilverSky (Telegraph)
  95. Online home broker Redfin acquires walkability data site (Seattle Times)
  96. eddyson Secures Seed Funding from High-Tech Gruenderfonds (FinSMEs)
  97. Filemobile to become Newzulu platform (Filemobile)
  98. Softbank Ventures Has Invested To Connect Korean Foodies To The Restaurants They Crave (BETECH ASIA)
  99. Slack Is Raising Another Round At Up To A $1B Valuation (TechCrunch)
  100. Yelp Buys Restaurant-Kritik To Expand Its Presence In Germany (TechCrunch)
  101. Google’s Nest acquires smart home hub Revolv, will not accept new customers (VentureBeat)
  102. Deezer acquires Stitcher to get serious about talk radio and podcasts (VentureBeat)