Archive | November, 2015

Weekly Update – November 24, 2015

      Total Deal Value (USD) –  $2,172,921,350               Total Deal Number – 91

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $700,000,000 Acano Cisco Software & Services Acquisition
2 $243,000,000 Square Undisclosed Hardware & Infrastructure Public
3 $200,000,000 TutorGroup Consortium Transactions Investment
4 $100,000,000 Airbnb Undisclosed Transactions Investment
5 $83,000,000 Ebury Vitruvian Partners, 83North Transactions Investment
6 $75,000,000 Rdio Pandora Media Acquisition
7 $75,000,000 Earnest Consortium Transactions Investment
8 $75,000,000 Datto Technology Crossover Ventures Software & Services Investment
9 $42,000,000 Knewton Consortium Software & Services Investment
10 $40,000,000 PlanGrid Consortium Software & Services Investment
11 $35,500,000 Athos Consortium Hardware & Infrastructure Investment
12 $34,000,000 Craftsvilla Consortium Ecommerce Investment
13 $30,000,000 Avenida Naspers, Tiger Global Ecommerce Investment
14 $25,000,000 UrbanClap Consotium Transactions Investment
15 $25,000,000 PresenceLearning Consortium Transactions Investment
16 $23,426,700 Stuart Geopost Transactions Investment
17 $23,000,000 Blueprint Centana Growth Partners Software & Services Investment
18 $22,000,000 Crunchyroll Otter Media Media Investment
19 $22,000,000 Bhinneka Ideosource Ecommerce Investment
20 $20,000,000 Umbel Consortium Software & Services Investment
21 $20,000,000 ProtectWise Consortium Software & Services Investment
22 $20,000,000 LoveCrafts Highland Europe, Balderton Capital Transactions Investment
23 $15,500,000 Numecent Consortium Software & Services Investment
24 $15,000,000 Le Tote Consortium Transactions Investment
25 $13,500,000 Salesfusion Consortium Marketing Investment
26 $13,000,000 APX Labs Consortium Hardware & Infrastructure Investment
27 $12,500,000 Align Commerce Consortium Transactions Investment
28 $9,600,000 PatientPing Consortium Software & Services Investment
29 $9,000,000 Card.com Columbia Pacific Advisors, Fenway Summer Ventures Transactions Investment
30 $8,000,000 Joyable Thrive Capital, Harrison Metal Transactions Investment
31 $8,000,000 Jobber Consortium Software & Services Investment
32 $8,000,000 Amplience Silicon Valley Bank, Columbia Lake Partners Marketing Investment
33 $7,500,000 Styletag.com Jitu Virwani Ecommerce Investment
34 $7,100,000 ArabiaWeather Consortium Media Investment
35 $6,100,000 SalaryFinance Brightbridge Ventures Transactions Investment
36 $6,000,000 Tubi TV Cota Capital, Foundation Capital Media Investment
37 $5,500,000 Cogito Romulus Capital, Salesforce Ventures Software & Services Investment
38 $5,260,000 Townsquared Floodgate, August Capital Mobile & Apps Investment
39 $5,000,000 VoltServer Consortium Software & Services Investment
40 $5,000,000 Tuition.io Consortium Transactions Investment
41 $5,000,000 test IO Turn/River Capital Software & Services Investment
42 $5,000,000 Mavrck Kepha Partners, GrandBanks Capital Marketing Investment
43 $4,100,000 Oak Labs Wing Venture Capital Hardware & Infrastructure Investment
44 $4,100,000 ZoneTV BEST Funds Media Investment
45 $4,100,000 Skulpt Nautilus Venture Partners, Caerus Venture Partners Hardware & Infrastructure Investment
46 $4,000,000 Kaodim Consortium Transactions Investment
47 $3,819,750 Eve DN Capital, Octopus Ventures Ecommerce Investment
48 $3,500,000 Cinematique Pumori Capital Media Investment
49 $3,000,000 TuringSense Consortium Hardware & Infrastructure Investment
50 $3,000,000 Jugnoo Paytm, Kunal Shah Transactions Investment
51 $2,900,000 Circle Medical Consortium Mobile & Apps Investment
52 $2,600,000 Zipdrug Consortium Transactions Investment
53 $2,500,000 Goodbox Nexus Venture Partners Ecommerce Investment
54 $2,500,000 BridgeU Consortium Software & Services Investment
55 $2,500,000 Brave Software Undisclosed Software & Services Investment
56 $2,000,000 TruStar Consortium Software & Services Investment
57 $2,000,000 Travelbeta.com Consortium Transactions Investment
58 $2,000,000 Salido High Line Venture Partners, Shana Fisher Software & Services Investment
59 $2,000,000 Nuvolo Technologies New Enterprise Associates, ServiceNow Software & Services Investment
60 $2,000,000 Hostmaker Consortium Transactions Investment
61 $1,700,000 Nuzzel Marc Benioff, Nikesh Arora Media Investment
62 $1,600,000 Hoodline Consortium Media Investment
63 $1,600,000 CodinGame Consortium Games Investment
64 $1,500,000 Phhhoto Consortium Mobile & Apps Investment
65 $1,500,000 Kuddly Exponential Partners Transactions Investment
66 $1,500,000 AirGrub Undisclosed Mobile & Apps Investment
67 $1,500,000 Ryde Undisclosed Transactions Investment
68 $1,100,000 SeamlessMD Consortium Software & Services Investment
69 $1,064,900 Wellmo Undisclosed Mobile & Apps Investment
70 $1,000,000 WaHome Consotium Transactions Investment
71 $1,000,000 UniqueSound Consortium Transactions Investment
72 $1,000,000 VoltAthletics Undisclosed Software & Services Investment
73 $750,000 DemandJump 4G Ventures, Hyde Park Venture Partners Marketing Investment
74 $500,000 wantoo Undisclosed Software & Services Investment
75 $500,000 Ola Consortium Transactions Investment
76 Undisclosed Synergic Partners Telefónica Software & Services Acquisition
77 Undisclosed Stamp Golden Gate Ventures Software & Services Investment
78 Undisclosed SEOshop Lightspeed POS Ecommerce Acquisition
79 Undisclosed Parklet Greenhouse Software & Services Acquisition
80 Undisclosed Optimatic Matomy Media Marketing Acquisition
81 Undisclosed Invesdor Manny Fernandez Transactions Investment
82 Undisclosed Indotrading Golden Gate Ventures Transactions Investment
83 Undisclosed Guesterly Chatbooks Transactions Acquisition
84 Undisclosed Fuze ThinkingPhones Software & Services Acquisition
85 Undisclosed ClearCare McKesson Ventures Software & Services Investment
86 Undisclosed Blue Triangle Technologies Undisclosed Software & Services Investment
87 Undisclosed Bebop Google Software & Services Acquisition
88 Undisclosed Allo Communications Nelnet Software & Services Acquisition
89 Undisclosed 4tell Solutions Rubicon Technology Partners Software & Services Investment
90 Undisclosed CreoPop Consortium Hardware & Infrastructure Investment
91 Undisclosed Sociolla Ventura Capital Ecommerce Investment

More information

  1. Cisco Snags Acano for $700 Million To Enhance Video Conferencing Capability (TechCrunch)
  2. Square Opens At $11.20, Up 24% On Its IPO Price Of $9, Raising $243M (TechCrunch)
  3. TutorGroup Closes $200M Series C Equity Financing; Valued at over $1BN (FinSMEs)
  4. Airbnb raises a further $100m (Wall Street Journal)
  5. Ebury Raises $83M in Venture Capital Funding (FinSMEs)
  6. Pandora Acquires Rdio for $75M (FinSMEs)
  7. Earnest Raises $275M in Equity and Debt Financing (FinSMEs)
  8. Datto Raises $75M in Series B Funding (FinSMEs)
  9. Knewton Raises $42M (FinSMEs)
  10. PlanGrid Lands $40 Million Investment To Expand Product (TechCrunch)
  11. Athos Raises $35.5M in Funding (FinSMEs)
  12. Indian handicraft ecommerce site scores $34m in funding, possible IPO on the way (Tech in Asia)
  13. Argentinian E-Commerce Leader Avenida Gets $30M Series C Round From Naspers And Tiger Global (TechCrunch)
  14. UrbanClap, India’s Largest Services Marketplace, Fetches $25 Million Series B (TechCrunch)
  15. PresenceLearning Raises $25M in Series C Funding (FinSMEs)
  16. Stuart, The Same-Hour Delivery Startup From Sparrow And Resto-In Founders, Raises €22M Pre-Launch (TechCrunch)
  17. Blueprint Raises $23M in Funding (FinSMEs)
  18. Chernin’s Otter Media Invests $22M Into Anime Service Crunchyroll (TechCrunch)
  19. Indonesian ecommerce site Bhinneka packs up $22m from Ideosource, targets IPO (Tech in Asia)
  20. Umbel Raises $20M in Series B Financing (FinSMEs)
  21. ProtectWise Closes $20M Series B Funding (FinSMEs)
  22. LoveCrafts Raises $20M in Series B Funding (FinSMEs)
  23. Numecent Raises $15.5M in Series B Funding (FinSMEs)
  24. Le Tote Raises $15M in Series B Funding (FinSMEs)
  25. Salesfusion Closes $13.5M Series B Funding (FinSMEs)
  26. APX Labs Grabs $13 Million For Enterprise Smart Glasses Platform (TechCrunch)
  27. Align Commerce Closes $12.5M Series A Funding Round (FinSMEs)
  28. PatientPing Secures $9.6M in Funding (FinSMEs)
  29. Card.com Receives $9M Growth Capital (FinSMEs)
  30. Joyable Raises $8M in Series A Funding (FinSMEs)
  31. Jobber Secures CAD$8M in Series A Financing (FinSMEs)
  32. Amplience Raises $8M in Funding (FinSMEs)
  33. Styletag.com Raises USD$7.5M in Angel Funding (FinSMEs)
  34. ArabiaWeather Raises $7.1M in Funding (FinSMEs)
  35. SalaryFinance Raises $6.1M in Funding (FinSMEs)
  36. Tubi TV Grabs $6 Million From MGM, Lionsgate And Others For Its Free, Ad-Supported Streaming Service (TechCrunch)
  37. Cogito Raises $5.5M in Series A Funding (FinSMEs)
  38. Townsquared Raises $5.26M in Funding (FinSMEs)
  39. VoltServer Raises $5M in Series A2 Funding (FinSMEs)
  40. Tuition.io Raises $5M in Series A Financing (FinSMEs)
  41. test IO Raises $5M in Series A Funding (FinSMEs)
  42. Mavrck Raises $5M in Venture Capital Funding (FinSMEs)
  43. Oak Labs, With $4.1M In Seed, Launches A Smart Fitting Room Mirror (TechCrunch)
  44. ZoneTV Closes $4.1M Seed Funding Round (FinSMEs)
  45. Skulpt Raises $4.1M in Series A Funding (FinSMEs)
  46. Kaodim Raises US$4M in Series A Financing (FinSMEs)
  47. Eve Closes £2.5M Series A Funding (FinSMEs)
  48. Cinematique Raises $3.5M in Funding (FinSMEs)
  49. TuringSense Completes $3M Seed Funding (FinSMEs)
  50. More than mere taxis, Jugnoo raises $3m to use auto rickshaws for everything (Tech in Asia)
  51. Circle Medical raises $2.9M to help promote its on-demand primary care service (VentureBeat)
  52. Zipdrug Closes $2.6M Seed Funding Round (FinSMEs)
  53. Goodbox Gets $2.5M To Bring India’s Small Brick-And-Mortar Stores Online (TechCrunch)
  54. BridgeU Raises $2.5M in Funding (FinSMEs)
  55. Brave Software Completes $2.5M Seed Funding (FinSMEs)
  56. TruStar Raises $2m in Seed Funding (FinSMEs)
  57. Travelbeta.com Raises $2M in Seed Funding (FinSMEs)
  58. Salido Raises $2M To Build An Operating System For Restaurants (TechCrunch)
  59. Nuvolo Technologies Secures $2M in Seed Funding (FinSMEs)
  60. European Airbnb Hospitality Management Service Hostmaker Picks Up $2M Seed Round (TechCrunch)
  61. Nuzzel Revamps Its Social News App And Raises $1.7M (TechCrunch)
  62. To Go After Local Neighborhood News And Marketplaces, Hoodline Raises $1.6M (TechCrunch)
  63. CodinGame Raises $1.6M in Funding (FinSMEs)
  64. Phhhoto Closes $1.5M in Seed Funding (FinSMEs)
  65. Kuddly Raises $1.5M in Seed Funding (FinSMEs)
  66. AirGrub Secures $1.5M in Angel Funding (FinSMEs)
  67. Weeks after GrabTaxi rolls out carpooling in Singapore, new rival gets $1.5m (Tech in Asia)
  68. SeamlessMD Raises $1.1M in Seed Funding (FinSMEs)
  69. Wellmo Raises €1M in Seed Funding (FinSMEs)
  70. Korean On-Demand Cleaning Startup WaHome Scores $1M In Seed Funding (TechCrunch)
  71. UniqueSound Raises $1M in Seed Funding (FinSMEs)
  72. Sports training startup VoltAthletics bulks up with $1M investment (VentureBeat)
  73. DemandJump Raises $750K in Seed Funding (FinSMEs)
  74. wantoo Raises $500K in Seed Funding (FinSMEs)
  75. Ola Raises $500M in Series F Funding (FinSMEs)
  76. Telefónica Acquires Synergic Partners (FinSMEs)
  77. Stamp Raises Funding (FinSMEs)
  78. Retail Software Maker Lightspeed POS Acquires SEOshop For E-Commerce Push (TechCrunch)
  79. Recruitment Soonicorn Greenhouse’s First Acquisition Is Parklet (TechCrunch)
  80. Matomy Media Acquires Optimatic (FinSMEs)
  81. Invesdor Raises Angel Funding from Manny Fernandez (FinSMEs)
  82. Indotrading Raises Funding from Golden Gate Ventures (FinSMEs)
  83. Photo Printing Startup Chatbooks Acquires Guesterly, A Printed Event Directory (TechCrunch)
  84. ThinkingPhones Acquires Fuze (FinSMEs)
  85. ClearCare Secures Funding from McKesson Ventures (FinSMEs)
  86. Blue Triangle Technologies Raises Series A Funding (FinSMEs)
  87. Google Buys Bebop And Names Diane Greene To Lead Enterprise Cloud Effort (TechCrunch)
  88. Nelnet to Acquire Allo Communications (FinSMEs)
  89. 4tell Solutions Receives Investment from Rubicon Technology Partners (FinSMEs)
  90. After launching in the US, Singapore’s 3D-printing pen CreoPop raises more funding (Tech in Asia)
  91. Indonesian beauty ecommerce site Sociolla grabs series A funding led by Venturra Capital (Tech in Asia)

Square’s IPO debut

Commentary
A few shekels have certainly been poured into the ever-growing clan of unicorns. Square, a unicorn that raised nearly $600 million in private money, made its market debut on the New York Stock Exchange last week. Square initially priced its 27 million shares at only $9 each, below its intended range of $11 to $13, and significantly below its $15.56 price in its last round of financing. Fortunately for Square, the stock opened at $11.20 and closed at $13.07, raising a total $243 million but valuing the company at around $2.9 billion, a far cry from its private valuation of $6 billion. According to analysts, Wall Street’s reaction to Square’s IPO was predictable, given the company’s dismal financial performance on the back of its failed partnership with Starbucks which will end in 2016. Square generated roughly 14% of its revenue from Starbucks. It will be very interesting to see how Square decide to deploy their $243 million in new capital.

The rise of ed-tech

Commentary
As people begin to embrace the digital age and acknowledge the benefits of online learning, the e-learning market has continued to grow. According to Docebo, the worldwide market for self-paced e-learning has reached $35.6 billion in 2011 and is expected to grow to $51.5 billion by 2016. It’s no wonder that many investors have now set their sights on the ed-tech space with the hopes that a few will go the distance and be the next Lynda.com that was acquired for $1.5 billion by LinkedIn earlier this year. This week, the funding continues as startups like HotChalk, Udacity, Authess, Schoology and VersaMe all caught the eye of investors, while Instructure, a Utah-based ed-tech company, went public on the New York Stock Exchange on Friday. On the acquisition front, Fronter and InfoSnap were acquired by itslearning and PowerSchool, respectively. As the ed-tech industry continues to transform our traditional education system, we expect to see this trend to continue in the coming months.

Jet.com’s big ambition

Commentary
This week, Amazon competitor Jet.com raised $500 million in a new funding round led by Fidelity Investments at a “pre-money” valuation of around $1 billion. According to sources, Jet.com’s total sales or gross merchandise volume for September has reached $20 million and the company has exceeded its October target of $30.5 million by 11%. Additionally, customer acquisition grew by 25% while returning customers increased by 62%. So what is Jet.com doing differently? The company offers the lowest prices on the web and its prices will drop further as shoppers add more products to their carts, pay with debit or agree to ship different items in one box. But here’s the catch: the company is not making any money on any of its transactions and has recently abandoned its annual $50 membership fee. Now the question on everyone’s mind is, without any fee, can Jet.com make real money? Critics predict that it will. Many suspect that the hyper-aggressive pricing is Jet.com’s land-grab strategy that will lead to an acquisition.