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)CompanyInvestor/BuyerSectorDeal Type
1$700,000,000AcanoCiscoSoftware & ServicesAcquisition
2$243,000,000SquareUndisclosedHardware & InfrastructurePublic
5$83,000,000EburyVitruvian Partners, 83NorthTransactionsInvestment
8$75,000,000DattoTechnology Crossover VenturesSoftware & ServicesInvestment
9$42,000,000KnewtonConsortiumSoftware & ServicesInvestment
10$40,000,000PlanGridConsortiumSoftware & ServicesInvestment
11$35,500,000AthosConsortiumHardware & InfrastructureInvestment
13$30,000,000AvenidaNaspers, Tiger GlobalEcommerceInvestment
17$23,000,000BlueprintCentana Growth PartnersSoftware & ServicesInvestment
18$22,000,000CrunchyrollOtter MediaMediaInvestment
20$20,000,000UmbelConsortiumSoftware & ServicesInvestment
21$20,000,000ProtectWiseConsortiumSoftware & ServicesInvestment
22$20,000,000LoveCraftsHighland Europe, Balderton CapitalTransactionsInvestment
23$15,500,000NumecentConsortiumSoftware & ServicesInvestment
24$15,000,000Le ToteConsortiumTransactionsInvestment
26$13,000,000APX LabsConsortiumHardware & InfrastructureInvestment
27$12,500,000Align CommerceConsortiumTransactionsInvestment
28$9,600,000PatientPingConsortiumSoftware & ServicesInvestment
29$9,000,000Card.comColumbia Pacific Advisors, Fenway Summer VenturesTransactionsInvestment
30$8,000,000Joyable Thrive Capital, Harrison MetalTransactionsInvestment
31$8,000,000JobberConsortiumSoftware & ServicesInvestment
32$8,000,000AmplienceSilicon Valley Bank, Columbia Lake PartnersMarketingInvestment
33$7,500, Jitu VirwaniEcommerceInvestment
34$7,100,000ArabiaWeather ConsortiumMediaInvestment
35$6,100,000SalaryFinanceBrightbridge VenturesTransactionsInvestment
36$6,000,000Tubi TVCota Capital, Foundation CapitalMediaInvestment
37$5,500,000CogitoRomulus Capital, Salesforce VenturesSoftware & ServicesInvestment
38$5,260,000TownsquaredFloodgate, August CapitalMobile & AppsInvestment
39$5,000,000VoltServerConsortiumSoftware & ServicesInvestment
41$5,000,000test IOTurn/River CapitalSoftware & ServicesInvestment
42$5,000,000MavrckKepha Partners, GrandBanks CapitalMarketingInvestment
43$4,100,000Oak LabsWing Venture CapitalHardware & InfrastructureInvestment
44$4,100,000ZoneTVBEST FundsMediaInvestment
45$4,100,000Skulpt Nautilus Venture Partners, Caerus Venture PartnersHardware & InfrastructureInvestment
47$3,819,750Eve DN Capital, Octopus VenturesEcommerceInvestment
48$3,500,000CinematiquePumori CapitalMediaInvestment
49$3,000,000TuringSenseConsortiumHardware & InfrastructureInvestment
50$3,000,000JugnooPaytm, Kunal ShahTransactionsInvestment
51$2,900,000Circle MedicalConsortiumMobile & AppsInvestment
53$2,500,000GoodboxNexus Venture PartnersEcommerceInvestment
54$2,500,000BridgeUConsortiumSoftware & ServicesInvestment
55$2,500,000Brave SoftwareUndisclosedSoftware & ServicesInvestment
56$2,000,000TruStar ConsortiumSoftware & ServicesInvestment
58$2,000,000SalidoHigh Line Venture Partners, Shana FisherSoftware & ServicesInvestment
59$2,000,000Nuvolo TechnologiesNew Enterprise Associates, ServiceNowSoftware & ServicesInvestment
60$2,000,000Hostmaker ConsortiumTransactionsInvestment
61$1,700,000NuzzelMarc Benioff, Nikesh AroraMediaInvestment
63$1,600,000CodinGame ConsortiumGamesInvestment
64$1,500,000Phhhoto ConsortiumMobile & AppsInvestment
65$1,500,000KuddlyExponential PartnersTransactionsInvestment
66$1,500,000AirGrubUndisclosedMobile & AppsInvestment
67$1,500,000Ryde UndisclosedTransactionsInvestment
68$1,100,000SeamlessMDConsortiumSoftware & ServicesInvestment
69$1,064,900WellmoUndisclosedMobile & AppsInvestment
72$1,000,000VoltAthletics UndisclosedSoftware & ServicesInvestment
73$750,000DemandJump 4G Ventures, Hyde Park Venture PartnersMarketingInvestment
74$500,000wantooUndisclosedSoftware & ServicesInvestment
75$500,000Ola ConsortiumTransactionsInvestment
76UndisclosedSynergic PartnersTelefónicaSoftware & ServicesAcquisition
77UndisclosedStampGolden Gate VenturesSoftware & ServicesInvestment
78UndisclosedSEOshopLightspeed POSEcommerceAcquisition
79UndisclosedParkletGreenhouseSoftware & ServicesAcquisition
80UndisclosedOptimaticMatomy MediaMarketingAcquisition
81UndisclosedInvesdor Manny FernandezTransactionsInvestment
82UndisclosedIndotradingGolden Gate VenturesTransactionsInvestment
84UndisclosedFuzeThinkingPhonesSoftware & ServicesAcquisition
85UndisclosedClearCareMcKesson VenturesSoftware & ServicesInvestment
86UndisclosedBlue Triangle TechnologiesUndisclosedSoftware & ServicesInvestment
87UndisclosedBebopGoogleSoftware & ServicesAcquisition
88UndisclosedAllo CommunicationsNelnetSoftware & ServicesAcquisition
89Undisclosed4tell Solutions Rubicon Technology PartnersSoftware & ServicesInvestment
90UndisclosedCreoPopConsortiumHardware & InfrastructureInvestment
91UndisclosedSociolla Ventura CapitalEcommerceInvestment

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. 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. 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. 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. 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

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

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 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.’s big ambition

This week, Amazon competitor raised $500 million in a new funding round led by Fidelity Investments at a “pre-money” valuation of around $1 billion. According to sources,’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 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 make real money? Critics predict that it will. Many suspect that the hyper-aggressive pricing is’s land-grab strategy that will lead to an acquisition.