Tag Archives: investment

Discovery invests $100 million in Group Nine Media

Commentary

Last week, Discovery Communications poured $100 million into Group Nine Media, a new media holding company that consists of popular digital media brands such as Thrilllist Media Group, NowThis Media, The Dodo and Seeker, Discovery’s digital network. Group Nine Media specialises in creating viral content on social media. According to the company’s CEO, Ben Lerer, by teaming up with Discovery, Group Nine Media is given the chance to produce long form content for TV and create a new medium that effectively bridges social media and the world of TV.

Top 20 Mobile & Apps Deals for August 2016

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,800,000,000 Snapchat Consortium Mobile & Apps Investment
2 $1,600,000,000 Wind Mobile SunShaw Mobile & Apps Acquisition
3 $500,000,000 Ping An Good Doctor Undisclosed Mobile & Apps Investment
4 $200,000,000 Slack Consortium Mobile & Apps Investment
5 $175,000,000 Hike Messenger Tencent, Foxconn Mobile & Apps Investment
6 $175,000,000 Snapchat Fidelity Mobile & Apps Investment
7 $150,000,000 SMS Assist Goldman Sachs Investment Partners Mobile & Apps Investment
8 $150,000,000 Age of Learning Undisclosed Mobile & Apps Investment
9 $110,000,000 Vurb Snapchat Mobile & Apps Acquisition
10 $93,000,000 Grindr Beijing Kunlun World Wide Technology Mobile & Apps Investment
11 $77,000,000 Upthere Consortium Mobile & Apps Investment
12 $72,000,000 Sirin Labs Consortium Mobile & Apps Investment
13 $63,000,000 App Annie Consortium Mobile & Apps Investment
14 $60,000,000 Circle Consortium Mobile & Apps Investment
15 $57,000,000 Jana Verizon Ventures Mobile & Apps Investment
16 $50,000,000 Silent Circle Santander Bank Mobile & Apps Investment
17 $50,000,000 FreedomPop Undisclosed Mobile & Apps Investment
18 $45,000,000 SlateScience Leon Kamenev Mobile & Apps Investment
19 $45,000,000 Matific Leon Kamenev Mobile & Apps Investment
20 $45,000,000 DotC United Consortium Mobile & Apps Investment

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Pixie raises $18.5M

Commentary

Pixie Technology, a “location of things” startup has raised $18.5 million in a Series B round from Spark Capital, Cedar Fund, OurCrowd and other private investors. Pixie offers smart tags called Pixie Points that can be attached to items like wallets, laptops, gadgets and keys so these easily can be tracked if they get lost. Each Pixie contains an innovative signaling technology, which enables the Pixie to communicate with its app and other Pixies. The platform can locate any object even through walls and down to inches of their location. According to the company, the funding will be used to develop and launch new functionalities, including augmented reality.

The Muse raises $16 million

Commentary

The job search website for millennials, The Muse, has raised $16 million in a Series B round led by Icon Ventures. This investment is on top of the $13 million it raised last year, which brings its total funding to $29 million. Compared to traditional job websites that are impersonal and treat applicants as simple statistics, The Muse aims to put the human touch back in job search. In addition to announcing available jobs and allowing potential employees sell their skills, the company also serves up career advice, resources to help applicants improve their skills and offers coaching services. Companies who advertise jobs on The Muse can use the website to promote themselves and show their company culture. The Muse has roughly 50 million unique visitors annually.