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Weekly Update – May 9, 2017

      Total Deal Value (USD) – $4,323,071,872               Total Deal Number – 147

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,200,000,000 Go-Jek Tencent Holdings Transactions Investment
2 $675,000,000 Cambridge Global Payments FleetCor Technologies Transactions Acquisition
3 $610,000,000 Viptela Cisco Software & Services Acquisition
4 $462,000,000 Jive Software Aurea Software Software & Services Acquisition
5 $156,000,000 Huochebang Consortium Software & Services Investment
6 $134,000,000 Fuze Undisclosed Software & Services Investment
7 $104,000,000 Ola Falcon Edge Capital, RNT Capital Advisors Transactions Investment
8 $103,000,000 GetSmarter 2U Inc. Transactions Acquisition
9 $73,700,000 Head Infotech India Clairvest Group Software & Services Investment
10 $60,000,000 Live.me Consortium Mobile & Apps Investment
11 $56,000,000 Signifyd Consortium Software & Services Investment
12 $54,000,000 ServiceChannel Accel Partners Software & Services Investment
13 $50,000,000 Orbital Insight Consortium Software & Services Investment
14 $43,000,000 Canaan Jinjiang International, Tunlan Investment Hardware & Infrastructure Investment
15 $40,000,000 AltSchool Undisclosed Transactions Investment
16 $34,000,000 Transwarp Tencent Holdings Software & Services Investment
17 $29,000,000 Next Insurance Consortium Transactions Investment
18 $28,867,800 WME Group Melbourne IT Marketing Acquisition
19 $27,000,000 Esencia Technologies Inc. L&T Technology Services Ltd. Hardware & Infrastructure Acquisition
20 $27,000,000 Heap Consortium Software & Services Investment
21 $25,000,000 Crew Consortium Mobile & Apps Investment
22 $25,000,000 DeepMap Andreessen Horowitz, GSR Ventures Software & Services Investment
23 $21,000,000 Cornershop Consortium Transactions Investment
24 $17,000,000 Fornova Consortium Software & Services Investment
25 $15,543,780 MPP Global Albion Ventures LLP, Grafton Capital Marketing Investment
26 $15,500,000 One, Inc. Consortium Transactions Investment
27 $15,000,000 Pythian Group BDC Capital Corporation Software & Services Investment
28 $14,782,380 VST Enterprises Undisclosed Software & Services Investment
29 $14,500,000 Fumi Technology Consortium Transactions Investment
30 $13,868,920 Ultrahaptics Consortium Software & Services Investment
31 $13,000,000 Airwallex Consortium Transactions Investment
32 $13,000,000 Nav Consortium Transactions Investment
33 $11,296,525 Naturabuy Undisclosed Transactions Investment
34 $10,000,000 Abundant Robotics Consortium Hardware & Infrastructure Investment
35 $10,000,000 BlueCart Consortium Transactions Investment
36 $10,000,000 Fortigo Accel Partners, Nandan Nilekani Transactions Investment
37 $10,000,000 Greats Undisclosed Ecommerce Investment
38 $10,000,000 Renovo True Ventures, Verizon Communications Software & Services Investment
39 $10,000,000 SimpleLegal Undisclosed Software & Services Investment
40 $10,000,000 Zimmber Quikr Transactions Acquisition
41 $9,000,000 Decibel Insight Eight Roads Ventures, John Simon Software & Services Investment
42 $7,600,000 Bonsai Consortium Software & Services Investment
43 $7,500,000 Taranis Consortium Software & Services Investment
44 $6,000,000 Loom Systems Consortium Software & Services Investment
45 $6,000,000 Wavedash Games Consortium Games Investment
46 $6,000,000 Yieldify Consortium Software & Services Investment
47 $5,000,000 Cars45 Frontier Cars Group Transactions Investment
48 $4,607,904 Lunar Way Undisclosed Transactions Investment
49 $4,200,000 Iconixx Software Consortium Software & Services Investment
50 $3,629,220 Clippings Consortium Transactions Investment
51 $3,396,468 Acast Bonnier Growth Media, MOOR Mobile & Apps Investment
52 $3,000,000 Morty Consortium Transactions Investment
53 $3,000,000 TuringSense The Core Group, Fenox Venture Capital Hardware & Infrastructure Investment
54 $3,000,000 Wiretap Rev1 Ventures Software & Services Investment
55 $2,900,000 DOmedia Undisclosed Transactions Investment
56 $2,500,000 Catalia Health Khosla Ventures, Abstract Ventures Software & Services Investment
57 $2,500,000 Swiftly Consortium Software & Services Investment
58 $2,200,000 Growlabs Undisclosed Software & Services Investment
59 $2,036,336 Urb-IT Undisclosed Transactions Investment
60 $2,000,000 EverlyWell Consortium Transactions Investment
61 $2,000,000 RateGravity Consortium Transactions Acquisition
62 $1,645,125 Adaptive Simulations Consortium Software & Services Investment
63 $1,500,000 fastdata.io Nvidia Software & Services Investment
64 $1,500,000 Twine Health Consortium Software & Services Investment
65 $1,096,880 Eagle Alpha Enterprise Ireland, Quay Investments Software & Services Investment
66 $1,000,000 Alpify ClubRACC Software & Services Investment
67 $1,000,000 Medicoo Undisclosed Mobile & Apps Investment
68 $750,000 GoodsMart Algebra Ventures Transactions Investment
69 $732,634 Mindesk A11 Venture, Invitalia Ventures Hardware & Infrastructure Investment
70 $600,000 Mysa Killick Capital, Venture Newfoundland Hardware & Infrastructure Investment
71 $647,900 Booking Live Creative England, The Summit Group Software & Services Investment
72 $570,000 Advrty Daniel Daboczy, Pontus Dahlstrom Marketing Investment
73 $500,000 Schoolrunner The Colorado Impact Fund Software & Services Investment
74 Undisclosed 20-20 Technologies Golden Gate Capital Software & Services Acquisition
75 Undisclosed Abeeway Actility Software & Services Acquisition
76 Undisclosed AdvancePath Academics Graduation Alliance Transactions Acquisition
77 Undisclosed Agolo Consortium Software & Services Investment
78 Undisclosed Agylytyx PrecyseTech Software & Services Acquisition
79 Undisclosed AIM Consulting Group Addison Group Software & Services Acquisition
80 Undisclosed Am.ru Mail.Ru Group Transactions Acquisition
81 Undisclosed Angie’s List IAC Transactions Acquisition
82 Undisclosed AnkerBox JuMei.com Transactions Acquisition
83 Undisclosed Apex Learning Education Growth Partners Software & Services Acquisition
84 Undisclosed Avatar Engineering Pivot International Acquisition
85 Undisclosed Baierl Automotive Lithia Motors Acquisition
86 Undisclosed BEBB India International Finance Corporation Transactions Investment
87 Undisclosed BitFusion.io Consortium Software & Services Investment
88 Undisclosed Blue Finix Digital Co. DCORP Software & Services Acquisition
89 Undisclosed brand-comm Madison World Marketing Acquisition
90 Undisclosed Citelighter Sylvan Learning Systems Transactions Acquisition
91 Undisclosed Collinor Software godesys AG Software & Services Acquisition
92 Undisclosed CONET HIG Capital Software & Services Acquisition
93 Undisclosed Court Chatter LawNewz Media Acquisition
94 Undisclosed Crisp Mobile Quotient Technology Marketing Acquisition
95 Undisclosed croquis.com Altos Ventures, Stonebridge Capital Mobile & Apps Investment
96 Undisclosed cut-e Aon plc Software & Services Acquisition
97 Undisclosed Davinsi Labs Proximus Group Software & Services Acquisition
98 Undisclosed Deco Software Airbnb Software & Services Acquisition
99 Undisclosed Deny Designs Leaf Group Ecommerce Acquisition
100 Undisclosed Dreamlife Technology Ibrands Software & Services Acquisition
101 Undisclosed DriversKart DRIVEU Transactions Acquisition
102 Undisclosed DVnor Kudelski Group Software & Services Acquisition
103 Undisclosed EASYTRUST USU Software AG Software & Services Acquisition
104 Undisclosed Expaticore Services Immedis Software & Services Acquisition
105 Undisclosed finetunes The Orchard Software & Services Acquisition
106 Undisclosed Hole-in-One U.S.A. NFP Transactions Acquisition
107 Undisclosed imin Undisclosed Software & Services Investment
108 Undisclosed InnoGames Modern Times Group (MTG) Games Acquisition
109 Undisclosed IP Trade BT Group plc Software & Services Acquisition
110 Undisclosed Kepler-Rominfo cPrime Software & Services Acquisition
111 Undisclosed Kofax Thoma Bravo Software & Services Acquisition
112 Undisclosed LCS Gleaf FutureLand Transactions Acquisition
113 Undisclosed Lissly Notified Software & Services Acquisition
114 Undisclosed Matilda Jane Clothing Webster Capital Ecommerce Acquisition
115 Undisclosed Microphase Corporation Digital Power Corporation Software & Services Acquisition
116 Undisclosed Minodes Telefónica NEXT Software & Services Acquisition
117 Undisclosed Nodal Exchange European Energy Exchange AG Transactions Acquisition
118 Undisclosed Osurv Tan Capital Partners Software & Services Acquisition
119 Undisclosed Outbound.io Zendesk Software & Services Acquisition
120 Undisclosed Pagero Summa Equity Software & Services Acquisition
121 Undisclosed Paradigm Technology Consulting ISS Solutions Software & Services Acquisition
122 Undisclosed Perceptive Software Hyland Software Software & Services Acquisition
123 Undisclosed Phonofile The Orchard Transactions Acquisition
124 Undisclosed PolicyStat iContracts Software & Services Acquisition
125 Undisclosed Rafter eCampus.com Software & Services Acquisition
126 Undisclosed ReadSoft Kofax Software & Services Acquisition
127 Undisclosed Rock Paper Shotgun Gamer Network Media Acquisition
128 Undisclosed ROKITT Io-Tahoe Software & Services Acquisition
129 Undisclosed Rokk3r Labs Eight Dragons Transactions Acquisition
130 Undisclosed Ryan Communications Teneo Holdings Transactions Acquisition
131 Undisclosed SceneDoc Consortium Software & Services Investment
132 Undisclosed SELCOM ELETTRONICA Avenue Capital Hardware & Infrastructure Acquisition
133 Undisclosed Shopfloor Support Simparel Software & Services Acquisition
134 Undisclosed SmartBear Software Francisco Partners Software & Services Acquisition
135 Undisclosed Spoon University Scripps Networks Media Acquisition
136 Undisclosed SPP Handelsges TÜV AUSTRIA Software & Services Acquisition
137 Undisclosed Supernal Software Ncontracts Software & Services Acquisition
138 Undisclosed SYSTEMTECHNIK Volaris Group Hardware & Infrastructure Acquisition
139 Undisclosed The Collingwood Group Situs Software & Services Acquisition
140 Undisclosed The Manna Group Great Lakes Scrip Center Transactions Acquisition
141 Undisclosed The Paciello Group VFO Group Software & Services Acquisition
142 Undisclosed ThriveTracker Clickbooth Marketing Acquisition
143 Undisclosed Tomont Solutions KPMG Software & Services Acquisition
144 Undisclosed TrackDuck InVision Software & Services Acquisition
145 Undisclosed Visunex Medical Undisclosed Hardware & Infrastructure Investment
146 Undisclosed WorldDealer Stream Companies Marketing Acquisition
147 Undisclosed Yummly Whirlpool Media Acquisition

More information

  1. Indonesia’s Uber rival Go-Jek raises $1.2 billion led by Tencent at a $3 billion valuation (TechCrunch)
  2. FleetCor To Buy Cambridge Global Payments For $675M (PYMNTS)
  3. Cisco scoops up yet another cloud company, acquiring SD-WAN startup Viptela for $610M (TechCrunch)
  4. Collaboration software company Jive to be acquired by Aurea for $462 million (TechCrunch)
  5. China’s ‘Uber for Trucks’ Raises $156 Million (Caixin Global)
  6. Fuze Completes Oversubscribed $134 Million Funding Round (Business Wire)
  7. Ola raises $104 mn more from Falcon Edge, Ratan Tata fund (VCCircle)
  8. 2U Acquires GetSmarter for $103 Million to Add Short-Course Offerings (EdSurge)
  9. Head InfoTech India Receives US$73.7M Investment (FinSMEs)
  10. Cheetah Mobile’s Live.me Inc raises $60 mln (PE HUB)
  11. Signifyd Secures $56M in Series C Funding (FinSMEs)
  12. Accel leads $54 mln round for ServiceCannel (PE HUB)
  13. Orbital Insight closes $50M Series C led by Sequoia (TechCrunch )
  14. Jin Jiang International Joins $43M Round In Chinese AI Chip Maker Canaan (China Money Network)
  15. Silicon Valley billionaires are sick of normal schools — so they’ve created this one (Business Insider)
  16. China Dealbook: Tencent leads $34m round in Transwarp; Jin Jiang invests in Canaan (Deal Street Asia)
  17. Next Insurance raises $29 million for online platform that targets small businesses with tailored plans (Venture Beat)
  18. Melbourne IT to wholly acquire WME Group for AU$39m (ZD Net)
  19. L&T Tech to acquire Silicon Valley-based Esencia for $27 mn (VC Circle)
  20. Heap raises $27 million to automate user interaction analytics (Venture Beat)
  21. With $25 Million From Sequoia, Greylock, Crew Wants To Be The Slack For Truly Mobile Workers (Forbes)
  22. Silicon Valley’s DeepMap Aims to Make Better Maps for Self-Driving Cars (The Drive)
  23. Grocery delivery startup Cornershop raises $21 million from Accel and Creandum (Tech.eu)
  24. Fornova Raises $17m in Series B Round from Deutsche Telekom Capital Partners (DTCP), Waypoint Capital and JAL Ventures to Accelerate Adoption of its Intelligence-Based Technology for Hotels (PRNewswire)
  25. Monetisation platform MPP Global lands £12m in Series B funding (Startups)
  26. Insurance Cloud Company One, Inc. Completes $15.5 Million Financing Led by American Family Ventures and Centana Growth Partners (One Inc. )
  27. Pythian closes $15 million mezzanine financing from BDC Capital (Sys.con Media)
  28. VST Enterprises secures £11.4m of funding (Prolific North)
  29. Xiaomi-backed fintech company Fumi Technology secures USD 14.5 M for Series A, & more (Bitcoin agile)
  30. Ultrahaptics completes £17.9m funding round (Insider Media)
  31. Airwallex Raises US$13M in Series A Funding (FinSMEs)
  32. Nav raises $13 million to help small businesses with credit scores (TechCrunch)
  33. NextStage invests €10.3m in online marketplace NaturaBuy (Realdeals)
  34. Abundant Robotics Raises $10m Series A for Apple Picking Robot Led by GV (AgFunder News)
  35. BlueCart Raises over $10M in Series B Funding (FinSMEs)
  36. Logistics start-up Fortigo raises $10 million in Series A funding (Mint (IN) – Industry)
  37. GREATS Has Received $10 Million USD of Funding for Expansion (HypeBeast)
  38. Renovo Lands $10M Investment (Vc News Daily)
  39. The Funded: Rounds raised for apple-picking robots, small business credit profiles, mapping (Silicon Valley Business Journal)
  40. Quikr acquires on demand services player Zimmber for $10M (Economic Times)
  41. Decibel Insight scores $9M Series A for ‘digital experience analytics’ tech (TechCrunch)
  42. Bonsai raises $7.6 million to help companies build their own AI (Venture Beat)
  43. Taranis Closes $7.5 Million Series A Led by Top Investors Finistere and Vertex Ventures (NASDAQ Global Newswire)
  44. Loom Systems, a Leading Provider of AI-Powered Log Analysis Software Platform, Raises $6M in a Round Led by JVP (Business Wire)
  45. Wavedash raises $6 million for its platform fighting game (TechCrunch)
  46. London MarTech firm Yieldify gets $6m (Tech City News)
  47. Nigeria’s Cars45 closes $5M round to digitize Africa’s used autos markets (TechCrunch)
  48. Danish banking app Lunar Way raises €4.2M (TechCrunch)
  49. Iconixx Software Closes $4.2 Million Equity Financing (Business Wire)
  50. We’ve raised £2.8 million to revolutionise the interior design industry (Clippings)
  51. Acast tar in 30 miljoner kronor – från Bonnier och riskkapitalbolaget Moor (Breakit)
  52. With $3M in funding, Morty is launching a marketplace of mortgage lenders (TechCrunch )
  53. TuringSense Closes $3.0M Pre-Series A Funding (FinSMEs)
  54. Wiretap Raises $3m in Series A Funding (FinSMEs)
  55. DoMedia raises another $2.9M for its online marketplace for out-of-home ads (Columbus Business First)
  56. Catalia Health Raises $2.5M in Funding (FinSMEs)
  57. Swiftly Raises $2.5M in Funding (FinSMEs)
  58. Growlabs nabs $2.2M to automate outbound sales (TechCrunch)
  59. Large owner slaughters valuation at Urb-it for IPO (Breakit)
  60. Austin Startups, EverlyWell and Bitfusion, Nab New Rounds of Funding (Xconomy)
  61. Exclusive: RateGravity Raises $2M to Help You Save Thousands on Your Mortgage (Bostinno)
  62. Stockholm-based Adaptive Simulations secures €1.5 million to democratize the virtual simulations market (EU Startups)
  63. Fastdata.io Raises $1.5M in Funding (FinSMEs)
  64. Twine Health raising $1.5M and CEO shares lessons learned as it ends work with ACOs for now (Med City News)
  65. Kilduff’s Eagle Alpha flies as it raises more than €1m (The Independent)
  66. RACC and La Caixa invest one million in Alpify (LA VANGUARDIA)
  67. Medicoo receives $1M in funding for a virtual medical center. (Nordic)
  68. Egypt’s GoodsMart online grocery raises $750,000 series A investment to bring its smart grocery service to more doorsteps in Cairo (zawya)
  69. 670 K € funding round for Mindesk, the Apulia startup which has developed the first immersive 3D CAD modelling interface in the virtual reality (invitaliaventures)
  70. Empowered Homes Lands $600K (Entrevestor)
  71. Booking software platform Booking Live bags £500,000 (Startups )
  72. VR Ad Tech Company Raises $570,000 In Seed Funding (The Virtual Report)
  73. Teaching software company raises $500K; turns toward public schools (Business Den)
  74. 2020 to be Acquired by Golden Gate Capital (PR Newswire)
  75. Actility acquires Abeeway, creating a world-leading portfolio of location technologies (Actility)
  76. Graduation Alliance Announces Acquisition of AdvancePath Academics (Business Wire)
  77. Microsoft invests in Agolo, a startup that’s fighting information overload with automated summarizations (Venture Beat)
  78. PrecyseTech Executes Agreement to Acquire Agylytyx Enhanced InPalm(SM) SaaS Applications With New Visualization, Predictive Analytics, and Financial Analytics Solutions (PR Newswire)
  79. Addison Group Partners With AIM Consulting, Expanding Technology Services Offering (Business Wire)
  80. Mail.Ru Group Acquires Am.ru (Mail.ru)
  81. Angie’s List to be acquired by HomeAdvisor parent company (USA Today)
  82. Online retailer Jumei buys controlling stake in power bank rental startup Ankerbox (Technode (China))
  83. Education Growth Partners acquires Apex Learning (PE HUB)
  84. Pivot International acquires Avatar Engineering continuing global growth trajectory and expanding manufacturing expertise, capabilities and resources (ePR News)
  85. Oregon-based Lithia Motors to acquire Baierl Automotive (Pittsburgh Post Gazette)
  86. IFC to invest $10 mn in B2B firm Power2SME (VC Circle)
  87. Austin Startups, EverlyWell and Bitfusion, Nab New Rounds of Funding (Xconomy)
  88. Thailand: DCORP to pick 30% in online broadcasting app developer (Deal Street Asia)
  89. Madison World acquires Brand-comm (LiveMint)
  90. Citelighter acquired by Sylvan Learning (Balitmore Sun)
  91. Business software firm Collinor acquired by godesys for undisclosed figure (Tech.eu)
  92. H.I.G. Capital Acquires CONET Technologies AG (Business Wire)
  93. LawNewz Network Expands, Acquiring Trial Livestreaming Website and Forum CourtChatter.com (Media ITE)
  94. Quotient Signs Definitive Agreement to Acquire Crisp Mobile (Business Wire)
  95. Online fashion store aggregator Zigzag secures Series B funding (Venture Square)
  96. Aon Acquires Leading Provider of Talent Measurement and Psychometric Assessment (Market Wired)
  97. Proximus acquires Davinsi Labs and strengthens its position on the growing cyber security market (proximus.com)
  98. Airbnb acquired its React Native partner Deco Software, Deco IDE goes open source (TechCrunch)
  99. Leaf Group Acquires Home Décor Brand Deny Designs (Business Wire)
  100. Ibrands Merger underway with Dreamlife Technology: The First Ever Artificially Intelligent Holographic Beings Company (PR Newswire)
  101. On-Demand Driver Service Firm DriveU Acquires Chennai based DriversKart (Indian Web 2)
  102. Kudelski buys Norway’s DVNor (Broadband TV News)
  103. EASYTRUST, the French specialist for data center inventory & Oracle license management (USU)
  104. Immedis announces acquisition of US international payroll company Expaticore – April, 2017 (Expaticore)
  105. The Orchard expands European reach with double acquisition (Music Week)
  106. NFP Acquires Hole-in-One (Business Wire)
  107. imin welcomes our newest supporters! (Imin)
  108. MTG Ups Stake in Online Games Developer InnoGames (WorldScreen)
  109. BT Completes Acquisition Of IP Trade (PRNewswire)
  110. cPrime Acquires Kepler, Creator of Popular Atlassian JIRA Scripting Plugin (PR Web)
  111. Thoma Bravo to Acquire Lexmark’s Enterprise Software Business (Kofax)
  112. FutureLand (FUTL) Enters into an Agreement to Acquire 40% Stake in LCS-GLeaf LLC, a Company Which Specializes in TeleMedicine and the Issuance and Distribution of lifestyle Prepaid Debit Cards (Marketwired)
  113. Notified swallows Lisslys competing media coverage (breakit.se)
  114. CID Capital sells Matilda Jane to Webster Capital (PE HUB)
  115. Digital Power Corporation Signs Definitive Agreement to Purchase Control of Microphase Corporation (Globe Newswire)
  116. Exit for Project A: Telefónica NEXT Acquires MarketingTech Startup MiNODES (project-a.com)
  117. EEX acquires 100% ownership of US Nodal Exchange (eex.com)
  118. Osurv Acquired by Tan Capital Partners (Business Wire)
  119. Zendesk acquires Outbound.io to help companies proactively approach customers (Venture Beat)
  120. Summa Equity acquires Pagero Online (realdeals)
  121. ISS Solutions, a Geisinger Business Announced Today Their Acquisition of Paradigm Technology Consulting, LLC (PTC) of Allentown, NJ (PR Web)
  122. Thoma Bravo to Acquire Lexmark’s Enterprise Software Business (Yahoo)
  123. The Orchard Acquires Two Top European Music Distributors and Merlin CEO Charles Caldas Isn’t Happy (Hypebot)
  124. iContracts Acquires PolicyStat, LLC (icontracts.com)
  125. eCampus.com Announces Expanded Course Material Solutions with Purchase of Rafter Assets, Including Rafter360 (Benzinga)
  126. Thoma Bravo to Acquire Lexmark’s Enterprise Software Business (Yahoo)
  127. ROCK, PAPER, SHOTGUN ACQUIRED BY GAMER NETWORK (PC Aficionado)
  128. Centrica’s Io-Tahoe LLC subsidiary acquires Rokitt Astra technology, strengthens innovation pipeline and data science expertise (Connected World)
  129. Eight Dragons Acquires Stake In Rokk3r Labs (Bitcoinagile)
  130. Teneo Acquires Ryan Communication (www.teneoholdings.com)
  131. SceneDoc Closes New Financing Round (FinSMEs)
  132. Avenue Capital et al. buy Selcom Elettronica (Unquote)
  133. Simparel Acquires Real-time Shop Floor Control Partner (Simparel.com)
  134. Francisco Partners Acquires Majority Stake in SmartBear (FinSMEs)
  135. Scripps Networks Interactive acquires Spoon University (Scripps Networks Interactive)
  136. TÜV AUSTRIA holds a majority interest in Systemhaus SPP (TÜV)
  137. Ncontracts Acquires Supernal Software, Further Extending its Leadership Position as the Risk Management Solution of Choice for Financial Institutions (PRNewswire)
  138. Volaris Group Expands Footprint in People Transportation Vertical with Acquisition of Systemtechnik GmbH (Volaris)
  139. SITUS ANNOUNCES ACQUISITION OF THE COLLINGWOOD GROUP LLC, A WASHINGTON, DC, ADVISORY FIRM FOCUSED ON HOUSING POLICY AND REGULATION (Collingwood)
  140. Great Lakes Scrip Center acquires Illinois scrip company (MiBiz)
  141. The Paciello Group Joins VFO (PR Newswire)
  142. Clickbooth Acquires Affiliate Tracking Dashboard ThriveTracker (Business Wire)
  143. KPMG in Canada acquires ToMont Solutions (Newswire)
  144. InVision Acquires TrackDuck – Deepens Integration With Atlassian Suite To Help Teams Deliver Better Digital Products (PR Newswire)
  145. Visunex Medical Systems Raises $20M in Series B Funding (FinSMEs)
  146. Stream Companies Acquires WorldDealer (PRWeb)
  147. Whirlpool Corporation Announces Planned Acquisition of Yummly (PRNewswire)

Indonesia’s Go-Jek raises $1.2 billion from Tencent

Commentary

Fresh from its $550 million funding round last year from investors such as KKR, Warburg Pincus, Farallon Capital, and Capital Group Private Markets, Go-Jek, Indonesia’s answer to Uber and Grab, has recently closed a new round of $1.2 billion led by Chinese internet leader, Tencent. At a $3 billion post-money valuation, Go-Jek is one of Asia’s fast-rising unicorns. According to sources, Go-Jek has been beating Uber in Indonesia since day one. By offering scooters instead of cars, Go-Jek has cautiously avoided a direct collision with the more established taxi industry. Being homegrown also gave the company the advantage of having a deeper understanding of the local market and easily attracted scooter owners to its platform. The company has since expanded into cars with its GoCar and today boasts of having over 200,000 drivers all across the country. The company plans to use its new funds to strengthen its Indonesian operations and hopefully dominate the country’s thriving ride-sharing market which is predicted to be worth $5.6 billion by 2025.

Weekly Update – May 2, 2017

      Total Deal Value (USD) – $7,921,860,614                 Total Deal Number – 151

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $5,500,000,000 Didi Chuxing Consortium Transactions Investment
2 $250,000,000 OYO Rooms Consortium Transactions Investment
3 $200,000,000 Juno Gett Transactions Acquisition
4 $190,000,000 Everfi Consortium Software & Services Investment
5 $143,000,000 Seasun Tencent Holdings Games Investment
6 $140,000,000 Zeta Global Franklin Square Capital Partners Marketing Investment
7 $120,000,000 Snow Software Ontario Pension Board, Sumeru Equity Partners Software & Services Investment
8 $115,000,000 TICKET MONSTER Simone Investment Managers, Anchor Equity Partners Transactions Investment
9 $110,000,000 Goodpatch Mitsui Sumitomo Insurance Company, SBI Investment Software & Services Investment
10 $110,000,000 Robinhood Consortium Transactions Investment
11 $100,000,000 Domo BlackRock Software & Services Investment
12 $100,000,000 Automatic Sirius XM Radio, Inc. Mobile & Apps Acquisition
13 $70,000,000 Ivalua KKR & Co. (Kohlberg Kravis Roberts & Co.) Software & Services Investment
14 $60,000,000 Babylon Health Consortium Mobile & Apps Investment
15 $53,000,000 3D Robotics Consortium Sofware & Services Investment
16 $40,000,000 Prescient Undisclosed Software & Services Investment
17 $40,000,000 SSB Bart Group JMI Equity Software & Services Investment
18 $33,000,000 LoveCrafts Consortium Media Investment
19 $30,000,000 Traditional Medicinals The Builders Fund Ecommerce Investment
20 $30,000,000 UiPath Consortium Software & Services Investment
21 $30,000,000 OverOps Lightspeed Venture Partners,Menlo Ventures Software & Services Investment
22 $29,000,000 Science 37 Consortium Software & Services Investment
23 $27,000,000 Domino Data Lab Consortium Software & Services Investment
24 $18,022,200 Pulse Cashflow Finance Hadrian’s Wall Secured Investments Limited Transactions Investment
25 $18,000,000 SENSORO Consortium Hardware & Infrastructure Investment
26 $17,500,000 Hibob Consortium Software & Services Investment
27 $17,000,000 Twistlock Consortium Software & Services Investment
28 $15,700,000 Token Consortium Software & Services Investment
29 $14,738,422 Riskmethods Consortium Software & Services Investment
30 $14,500,000 Qianbaomu IMCIC Transactions Investment
31 $14,000,000 RapidSOS Consortium Software & Services Investment
32 $14,000,000 Shadow Creator Consortium Hardware & Infrastructure Investment
33 $14,000,000 Yuedongquan Nokia Growth Partners, Xiaomi Mobile & Apps Investment
34 $13,096,080 Xee Consortium Mobile & Apps Investment
35 $11,000,000 Doc Halo Bain Capital Ventures, Refinery Ventures Software & Services Investment
36 $11,000,000 Flytxt DAH Beteiligungs GmbH Software & Services Investment
37 $10,346,400 REG Disruptive Capital Finance Software & Services Investment
38 $10,000,000 Avalanche Studios Nordisk Film Games Investment
39 $10,000,000 Huddly Undisclosed Hardware & Infrastructure Investment
40 $10,000,000 Quovo F-Prime Capital Partners, Napier Park Global Capital Software & Services Investment
41 $9,373,570 Oxbotica Undisclosed Software & Services Investment
42 $9,011,100 Farmdrop Consortium Transactions Investment
43 $8,500,000 MarcoPolo Learning Consortium Mobile & Apps Investment
44 $7,725,000 ProspectSoft Maven Capital Partners Software & Services Acquisition
45 $7,500,000 Spiffy Karl Murphy, Scot Wingo Transactions Investment
46 $7,400,000 Deep Sentinel Consortium Software & Services Investment
47 $7,000,000 Sense360 Consortium Software & Services Investment
48 $6,550,410 Lemoncat Undisclosed Transactions Investment
49 $6,400,000 FAASOS Consortium Transactions Investment
50 $6,000,000 802 Secure Daylight Investors Software & Services Investment
51 $6,000,000 Oddup Consortium Software & Services Investment
52 $5,000,000 Mech Mocha Consortium Games Investment
53 $4,600,000 MPIRICA Health Analytics OurCrowd First Software & Services Investment
54 $4,500,000 Blow Ltd. Unilever Ventures Transactions Investment
55 $4,359,800 360imprimir Omnes Capital, Pathena Ecommerce Investment
56 $4,000,000 Propel Consortium Software & Services Investment
57 $3,738,288 Pockit Consortium Transactions Investment
58 $3,624,554 Baoquan Consortium Software & Services Investment
59 $3,600,000 Scootsy Khattar Holdings, Agnus Capital Software & Services Investment
60 $3,500,000 Jump Technologies Black Granite Capital Software & Services Investment
61 $3,396,240 Bloglovin Undisclosed Media Investment
62 $3,275,205 Nextory ACACIA ASSET MANAGEMENT AB, Industrifonden Media Investment
63 $3,200,000 Toppr WGG International, Nitin Gupta Mobile & Apps Investment
64 $3,100,000 BridgeEdU LuminaFoundation Transactions Investment
65 $3,000,000 Holachef SIDBI Venture Capital, Kalaari Capital Transactions Investment
66 $3,000,000 TapClicks SaaS Capital Marketing Investment
67 $3,000,000 MyKronoz Undisclosed Hardware & Infrastructure Investment
68 $2,750,000 CarPal Consortium Transactions Investment
69 $2,700,000 POPxo Consortium Media Investment
70 $2,500,000 Arbe Robotics iAngels Hardware & Infrastructure Investment
71 $2,500,000 Entomo Undisclosed Software & Services Investment
72 $2,000,000 Deck Commerce Arsenal Capital Management Software & Services Investment
73 $1,616,625 Exonar Wilton Group, Amadeus Capital Partners Software & Services Investment
74 $1,500,000 CarHopper Undisclosed Transactions Investment
75 $1,500,000 The Money Finder Build Ventures, Innovacorp Transactions Investment
76 $1,500,000 iNurture BlackSoil Transactions Investment
77 $1,292,175 Your Welcome Flux Group, Simon Emeny Hardware & Infrastructure Investment
78 $1,202,810 Mobenzi Edge Growth, Vumela Fund Software & Services Investment
79 $1,100,000 Work Today Consortium Transactions Investment
80 $1,100,000 MicroMech Undisclosed Transactions Investment
81 $1,091,735 iCasting Consortium Transactions Investment
82 $1,000,000 Cladwell Undisclosed Mobile & Apps Investment
83 $1,000,000 Epidemic Sound Kichi Invest Media Investment
84 $1,000,000 StalkBuyLove Trifecta Capital Ecommerce Investment
85 $750,000 Sepalika Accel Partners Media Investment
86 $500,000 UrbanStat Undisclosed Software & Services Investment
87 Undisclosed 17 Media Le Sports Media Acquisition
88 Undisclosed Appendium Delta Capita Software & Services Acquisition
89 Undisclosed ASG Technologies Group Elliott Management Corp. Software & Services Investment
90 Undisclosed Birst Infor Software & Services Acquisition
91 Undisclosed Blackfox Momentous Entertainment Group Marketing Acquisition
92 Undisclosed BLIP Systems Gentrack Group Limited Software & Services Acquisition
93 Undisclosed Bunk1 Togetherwork Software & Services Acquisition
94 Undisclosed CA Plus Gentrack Group Software & Services Acquisition
95 Undisclosed Candere Kalyan Jewellers Ecommerce Acquisition
96 Undisclosed Chessable Undisclosed Transactions Investment
97 Undisclosed ClickUp Undisclosed Software & Services Investment
98 Undisclosed Clockwise.MD DocuTAP Software & Services Acquisition
99 Undisclosed Crispin Corporation Sony Electronics Media Acquisition
100 Undisclosed CTS, Inc. CGI Software & Services Acquisition
101 Undisclosed Dave.com Consortium Mobile & Apps Investment
102 Undisclosed DeepLocal Undisclosed Transactions Acquisition
103 Undisclosed Delete 1-800-GOT-JUNK? Transactions Acquisition
104 Undisclosed Engine Yard Crossover Software & Services Acquisition
105 Undisclosed ENOVAX PUC Founder (MSC) Bhd. Software & Services Acquisition
106 Undisclosed Entry Ninja Computicket Transactions Acquisition
107 Undisclosed eShiksa Cross Border Angel, Mahavir Pratap Sharma Software & Services Investment
108 Undisclosed Evidation Health Consortium Software & Services Investment
109 Undisclosed Exinda GFI Software Software & Services Acquisition
110 Undisclosed Forecast Health Lumeris Software & Services Acquisition
111 Undisclosed GameInfluencer Consortium Marketing Investment
112 Undisclosed Gojimo Telegraph Media Group Mobile & Apps Acquisition
113 Undisclosed Guavus Liberty Global Software & Services Acquisition
114 Undisclosed HaCon Ingenieurges Siemens AG Software & Services Acquisition
115 Undisclosed HomeVestors Levine Leichtman Capital Partners Transactions Acquisition
116 Undisclosed iDevices Hubbell Incorporated Hardware & Infrastructure Acquisition
117 Undisclosed Indica Value Creation Capital Software & Services Investment
118 Undisclosed Inkbay Tommy Jacobson Transactions Investment
119 Undisclosed Integritie Rosslyn Analytics Software & Services Acquisition
120 Undisclosed Lemonade Allianz Transactions Investment
121 Undisclosed Lightbulb Crew Undisclosed Games Investment
122 Undisclosed Luck Genome GamePoint Games Acquisition
123 Undisclosed me.me Undisclosed Media Investment
124 Undisclosed Mediachain Spotify Software & Services Acquisition
125 Undisclosed NimbleUser Community Brands Software & Services Acquisition
126 Undisclosed Ofo Ant Financial Transactions Investment
127 Undisclosed OmniEarth Dylan Taylor Software & Services Acquisition
128 Undisclosed OutsideIQ Exiger Software & Services Acquisition
129 Undisclosed Paymetric Vantiv Transactions Acquisition
130 Undisclosed Pixlr 123RF Software & Services Acquisition
131 Undisclosed PrismHR Summit Partners Software & Services Acquisition
132 Undisclosed Proximi.io Butterfly Ventures Software & Services Investment
133 Undisclosed RightAnswers Upland Software Software & Services Acquisition
134 Undisclosed Rinocloud Undisclosed Software & Services Investment
135 Undisclosed RiskMatch Vertafore Software & Services Acquisition
136 Undisclosed Sajan Amplexor Marketing Acquisition
137 Undisclosed Secure Thingz Undisclosed Software & Services Acquisition
138 Undisclosed Source ETF Invesco Transactions Acquisition
139 Undisclosed Sprooki Invigor Group Marketing Acquisition
140 Undisclosed Stream Hatchet Millennial Esports Software & Services Acquisition
141 Undisclosed sumarum Zalaris Software & Services Acquisition
142 Undisclosed Tangoe Marlin Equity Partners Software & Services Acquisition
143 Undisclosed TeleSign BICS Software & Services Acquisition
144 Undisclosed VanityCube VLCC Healthcare Ltd. Transactions Acquisition
145 Undisclosed Ve Interactive Undisclosed Software & Services Acquisition
146 Undisclosed Vertex Solutions Group TCC Software Solutions Software & Services Acquisition
147 Undisclosed Vital Records Control Windjammer Capital Investors Software & Services Acquisition
148 Undisclosed Volerro Fision Software & Services Acquisition
149 Undisclosed WorkMarket Accenture, Foundry Group Transactions Investment
150 Undisclosed YikYak Square Media Acquisition
151 Undisclosed Youcanevent Blue Startups Transactions Investment

More information

  1. China’s ride-hailing giant Didi raises $5.5 billion, valuing it at $50 billion (CNBC)
  2. Oyo rooms secures $250 mn from SoftBank, others (VCCircle)
  3. On-demand ride service Gett confirms acquisition of Juno for $200M (TechCrunch)
  4. Everfi raises $190 million to teach life skills and touchy subjects online (TechCrunch)
  5. Tencent Makes USD143 Million Strategic Investment In Seasun (China Tech News)
  6. Zeta Global Raises $140 Million For Its Marketing Cloud (Forbes)
  7. Snow Software and Vitruvian Partners Announce $120 Million Strategic Investment from Sumeru Equity Partners and Ontario Pension Board (Business Wire)
  8. Korea’s Ticket Monster nabs $115M at a $1.4B valuation to ramp up in grocery (TechCrunch)
  9. The total amount of 400 million yen! Goodpatch was invested by SBI and Mitsui Sumitomo Capital was injected (Inside)
  10. Trading startup Robinhood raises $110 million in new funding round (Reuters)
  11. Domo Closes $100M in Series D2 Extension Financing With a $2.3B Valuation (Market Wired )
  12. SiriusXM acquires connected car company Automatic for over $100M (TechCrunch)
  13. Ivalua Raises $70M from KKR (Business Wire)
  14. Babylon Health raises further $60M to continue building out AI doctor app (TechCrunch)
  15. Investors are betting 3DR can find life after Solo as a drone data platform (TechCrunch)
  16. Prescient Raises $40M in Series D Funding (FinSMEs)
  17. SSB BART Group Receives $40 Million Strategic Growth Investment from JMI Equity (PR Newswire)
  18. LoveCrafts, a social network and marketplace for makers, raises $33M (TechCrunch)
  19. Builders Fund invests in Traditional Medicinals, closes on $30 mln (PE HUB)
  20. UiPath raises $30 million to help enterprises automate repetitive tasks with software robots (Venture Beat)
  21. OverOps scores $30 million led by Lightspeed Ventures (TechCrunch)
  22. Science37 aims to democratize clinical research with a fresh $29 million in growth funding (TechCrunch)
  23. Domino Data Lab raises $27m in round led by hedge fund customer Coatue (ZDNet)
  24. Pulse Cashflow Completes £14M Financing Deal (FinSMEs)
  25. Leading IoT Tech Firm SENSORO Raises $18M in Series B (Yahoo)
  26. HR and employee benefits platform Hibob raises $17.5M led by U.S.-based Battery Ventures (TechCrunch)
  27. Twistlock Closes $17M Funding Round for Container Security (SDX Central)
  28. Token raises $15.7 million as PSD2 approaches (Finextra)
  29. Afternoon Coffee: Riskmethods Receives €13.5 million in Series B, Lighthizer Inches Closer to Trade Rep Position (Spend Matters)
  30. Fintech platform Qianbaomu receives strategic investment of USD 14.5 M (Bitcoin Agile)
  31. RapidSOS Closes $14M Series A Funding Round to Transform Safety & Security (PR Newswire)
  32. Fortune Capital Leads $14M Round In Chinese VR Headset Maker Shadow Creator (China Money Network)
  33. Nokia, Xiaomi Join $14M Round In Chinese Fitness Mobile App Yuedongquan (China money network)
  34. French connected car startup Xee raises €12 million (Tech.eu)
  35. Doc Halo secures $11 million in funding (Modern Healthcare)
  36. Flytxt Raises US $11 Million to Scale-up Product Adoption (PRNewswire)
  37. Disruptive Capital invests £8m in REG (Realdeals)
  38. Mad Max developer Avalanche scores $10 million from Nordic film giant (VentureBeat)
  39. Huddly raises $10M to “reinvent the camera” with a computer-vision platform for video meetings (TechCrunch)
  40. Quovo, an API manager for fintech applications, raises $10 million (TechCrunch)
  41. Oxford’s AI firm Oxbotica gets £8.6m to lead driverless car consortium (Tech City News)
  42. Online grocery platform Farmdrop raises £7M Series A led by Atomico (TechCrunch)
  43. MarcoPolo Learning raises $8.5 million and cuts deal with Boat Rocker Media (Venture Beat)
  44. Maven leads the GBP6m MBO of ProspectSoft (Private Equity)
  45. Durham mobile car-wash startup raises $7.5 million (The News&Observer)
  46. Deep Sentinel raises $7.4M to bring deep learning to home security (TechCrunch)
  47. Sense360 raises $7 million to track customers in fast food restaurants (TechCrunch)
  48. Lemoncat Closes €6M Second Financing Round (FinSMEs)
  49. Faasos raises USD 6.4 Mn Funding in extended Series C round (KnowStartup)
  50. 802 Secure Raises $6M in Funding (FinSMEs)
  51. Hong Kong: Oddup closes $6m Series A led by India’s Times Group (Dealstreetasia)
  52. Mech Mocha raises $5 million in Series A from Accel Partners & other investors (Bizztor)
  53. Mpirica Health Raises $4.6M in Funding (FinSMEs)
  54. Blow Ltd. raises $4.5 million to expand on demand beauty service (Fash Invest)
  55. B2B marketplace 360imprimir raises €4 million in new round (Tech.eu)
  56. Propel raises $4M to make the social safety net more tech savvy and user friendly (TechCrunch)
  57. Banking app Pockit picks up further £2.9M as it readies new remittance service (TechCrunch)
  58. Baoquan close 25 million yuan angel round funding (bitcoin agile)
  59. On demand delivery platform Scootsy raise $3.6 m (ET tech)
  60. Jump Technologies Closes $3.5M Funding Round (FinSMEs)
  61. Bloglovin borrow 30 million – firing on share issue (Digital)
  62. Swedish e-book startup Nextory brings in €3 million (Tech.eu)
  63. Exclusive: Toppr raises $3.2 mn in bridge round (VCCircle)
  64. Wes Moore’s BridgeEdU raises $3.1 million (Boston Tech Flash)
  65. Food-tech startup Holachef gets $3 mn from SIDBI VC, Kalaari (VCCircle)
  66. TapClicks Secures $3 Million for 2017 Growth from SaaS Capital (Saas Capital)
  67. MyKronoz ZeTime: World’s Most Funded Hybrid Smartwatch Raised over $3M on Kickstarter, Running until April 27th (Business Wire)
  68. Logistics startup CarPal rakes in $2.75Mn to help firms operate their own fleet of drivers (The Tech Portal)
  69. Women-focused media startup POPxo raises $2.7 mn from GREE Ventures, others (TechCircle)
  70. Car radar sensor co Arbe Robotics raises $2.5m (Globes)
  71. Entomo raises $2.5M to put its enterprise channel management software on the map (Geekwire)
  72. Deck Commerce Secures $2 Million in Funding to Drive Growth (PRWeb)
  73. Data science firm Exonar raises £1.25m to expand across Europe (Tech City News)
  74. Bespoke Luxury Car Rental Platform, CarHopper, Raises $1.5 M in Seed Round to Service Los Angeles, Las Vegas, and Miami. (EIN News)
  75. THE MONEY FINDER CLOSES $1.5 MILLION SEED ROUND FROM BUILD VENTURES, INNOVACORP (Betakit)
  76. Education solutions firm iNurture raises $1.5 mn from BlackSoil (VCCircle)
  77. YourWelcome Raises £1M in Seed Funding (FinSMEs)
  78. SA startup Mobenzi receives R16m investment from Edge Growth (VentureBurn)
  79. Work Today raises $1.1 million to connect blue collar workers with jobs (VentureBeat)
  80. Calgary startup raises $1.1 million in funding (Metro)
  81. Dutch startup iCasting raises €1 million for its talent marketplace (Tech.eu)
  82. Cincinnati startup raises $1 million (Cincinnati Business Journal )
  83. Music startup Epidemic Sound raises $1 million from Kichi Invest (Tech.eu)
  84. Indian online fashion brand StalkBuyLove raises $1m from Trifecta Capital (Deal Street Asia)
  85. Sepalika raises $750,000 from Accel (The Hindu Business Line)
  86. UrbanStat, who wants to open to USA, has invested 500 thousand dollars (Webrazzi.)
  87. Paktor is merging with the startup it bought to create a social entertainment company (Tech In Asia)
  88. Delta Capita acquires Appendium (Finextra)
  89. ASG Technologies Group, Inc. Receives Strategic Investment from Elliott Management (Yahoo)
  90. Infor buys business analytics vendor Birst (ZDNet)
  91. Momentous Entertainment Group to Acquire Mobile Ad Network BLACKFOX (Marketwired)
  92. BRIEF-Gentrack Group says it has acquired Blip Systems A/S and agreed to acquire Ca Plus Ltd (Reuters)
  93. Togetherwork Acquires Bunk1: Fourth Camp Management Software Company for Togetherwork (PR Web)
  94. GENTRACK ACCELERATES GROWTH OF ITS AIRPORTS SOFTWARE BUSINESS WITH ACQUISITIONS (Gentrack)
  95. Kalyan Jewellers to acquire jewellery e-tailer Candere (VC Circle)
  96. UK chess education start up makes the right move (RealWire)
  97. Click Up Optimizing Team for Front End Angular 2 Development (PRWeb Sitemap)
  98. DocuTAP Announces Acquisition of Clockwise.MD (Yahoo Finance)
  99. SONY ELECTRONICS ACQUIRES CRISPIN CORPORATION (Sony)
  100. Major Birmingham tech firm acquired by Canadian IT giant (Birmingham Business Journal)
  101. Dave wants to save you from expensive overdraft fees (TechCrunch)
  102. Pittsburgh marketing shop Deeplocal acquired by WPP Digital (Pittsburg Post Gazette)
  103. 1-800-GOT-JUNK? acquires San Francisco startup Delete (BIV)
  104. Engine Yard Acquired by Crossover (Engine Yard)
  105. PUC Founder acquires Singapore-based Enovax (The Edge Markets)
  106. Computicket snaps up Entry Ninja (TechCentral)
  107. Exclusive: Cross Border Angels invests in ed-tech startup eShiksa (Bitcoinagile)
  108. Evidation Health Secures Financing from Sanofi-Genzyme BioVentures to Fuel Commercial Growth (Evidation)
  109. GFI Software Acquires Exinda and Brings More Powerful Network Management Products to the GFI Family (NewsOn6)
  110. Lumeris acquires Forecast Health; accelerates impact for providers, payers & patients (Lumeris)
  111. GameInfluencer raises funding for influencer marketing platform (Venture Beat)
  112. Telegraph Media Group acquires UK exam preparation app Gojimo (TechCrunch)
  113. Liberty Global Makes Strategic Investment in Guavus (Guavus)
  114. Siemens to acquire HaCon (acq5)
  115. Levine Leichtman Capital Partners and Management Acquire HomeVestors of America, Inc. (LLCP)
  116. HUBBELL INCORPORATED ACQUIRES LEADING IOT BRAND IDEVICES® (iDevicesinc)
  117. Indica receives funding from Value Creation Capital to expand data control (Startup Juncture Denmark)
  118. Per Brandt tattoo service Inkbay raises capital (Digital)
  119. Rosslyn acquires Integritie for unstructured data analysis (Tech Market View)
  120. Lemonade Receives Strategic Investment from Allianz (FinSMEs)
  121. Lightbulb Crew brings in capital and launches Games of Glory – again (Digital)
  122. GamePoint buys Israeli co Luck Genome (Globes)
  123. UNICOM Engineering Expands Into Washington, DC (Market Wired)
  124. Spotify acquires blockchain startup Mediachain to solve music’s attribution problem (TechCrunch)
  125. TapClicks Acquires Raven Tools in Move to Become the Industry Standard Reporting Platform for Marketers (PR Newswire)
  126. Alibaba’s Ant Financial invests in Chinese bike-sharing startup unicorn Ofo (TechCrunch)
  127. EagleView® Accelerates Machine Learning Development with Acquisition of OmniEarth (PR Web)
  128. EXIGER MAKES GROUND-BREAKING ACQUISITION OF OUTSIDEIQ (Outsideiq)
  129. Vantiv Announces Agreement to Acquire Paymetric (paymetric)
  130. 123RF Acquires Autodesk Pixlr to Boost the World’s Creative Ecosystem (PRNewswire)
  131. PrismHR Announces Investment from Summit Partners to Power Ongoing Growth (Summit Partners)
  132. Proximi.io raises fresh round of funding for its mobile positioning platform (Tech.eu)
  133. RightAnswers Acquired by Upland Software (LinkedIn)
  134. Rinocloud in hiring mode after securing funding (Business Post)
  135. Vertafore Further Enhances Technology Platform with Acquisition of RiskMatch, a Data Analytics Innovator (Vertafore)
  136. Sajan, Inc. (SAJA) to be Acquired by AMPLEXOR International for $5.83/Share (Street Insider)
  137. BRIEF-IAR Systems acquires equity stake in Secure Thingz (Reuters)
  138. Invesco buys ETF provider Source from Warburg Pincus (pionline)
  139. Shopping mall app Sprooki to be acquired (AFR)
  140. Millennial Esports Corp. to Acquire Stream Hatchet (Yahoo)
  141. Zalaris ASA acquires sumarum AG – a leading HR outsourcing and consulting company in Germany (My News Desk)
  142. Marlin enters into definitive agreement to acquire Tangoe, Inc. (Marlin Equity)
  143. BICS Enters Definitive Agreement to Acquire TeleSign Corporation (Bics)
  144. VLCC acquires VC-backed beauty services platform Vanity Cube (VC Circle)
  145. Tech unicorn Ve Interactive’s management has rescued the company from administration (Business Insider)
  146. TCC Software Solutions Acquires Vertex Solutions Group and Triple Impact (Yahoo)
  147. Windjammer acquires VRC (PE HUB)
  148. FISION Acquires Volerro, a Leader in Cloud-based Enterprise Content Collaboration (Business Wire)
  149. Accenture Invests in and Partners with WorkMarket to Help Enterprises Address the Future of Work — Now (Spend Matters)
  150. Square Said to Acquire Team From Struggling Social App Yik Yak (Bloomberg)
  151. Blue Startups invests in Youcanevent (i9 Magazine)

Didi Chuxing raises $5.5 billion

Commentary

After riding high on its acquisition of Uber’s Chinese business last year, China’s ride-hailing giant Didi Chuxing has recently raised a whopping $5.5 billion from Silver Lake Partners, China Merchants Bank, Bank of Communications and SoftBank at a rumoured valuation of over $50 billion. According to sources, the cash infusion will be used for global expansion and to further the company’s pursuit of autonomous driving technology. Driverless cars present a great opportunity for ride-hailing companies by its potential to reduce costs. By taking drivers out of the equation and making cars run 24/7, ride-hailing companies can raise their profits ten-fold as well as stay relevant in an ever-changing environment.