Tag Archives: Mobile & Apps

Airbnb acquires Tilt

Commentary

Tilt (formerly Crowdtilt), the digital payments startup that lets individuals to share bills and collect payments from a group, has been acquired by Airbnb for a little over $60 million—a price tag that’s significantly less than its reported valuation of $400 million back in 2015. According to reports, Airbnb acquired Tilt for its product, but not its business. Founded in 2012, Tilt’s free app became a hit among students looking to raise money with friends as well as for splitting the bill. However, the company’s decision to focus on growing its user base instead of revenue has caused it to lose money. The acquisition will give Tilt an exciting new lease on life and allow Airbnb to expand its expertise around group travel.

Top 20 Rest of the World Deals for January 2017

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $91,000,000 Golan Telecom Electra Consumer Products Hardware & Infrastructure Acquisition
2 $80,000,000 Rounds Kik Mobile & Apps Acquisition
3 $56,000,000 AppsFlyer Consortium Marketing Investment
4 $20,000,000 HealthWatch Yiling Hardware & Infrastructure Investment
5 $15,000,000 CorePhotonics Consortium Hardware & Infrastructure Investment
6 $13,500,000 Earnix Consortium Software & Services Investment
7 $13,000,000 iyzico Consortium Transactions Investment
8 $11,600,000 VisIC Technologies Birch Investment Hardware & Infrastructure Investment
9 $6,000,000 Lumus Alibaba Hardware & Infrastructure Investment
10 $6,000,000 Secret Double Octopus Consortium Software & Services Investment
11 $5,000,000 Vezeeta.com Consortium Transactions Investment
12 $3,000,000 Flytrex Consortium Hardware & Infrastructure Investment
13 $2,500,000 Cybellum Blumberg Capital Software & Services Investment
14 $2,500,000 BitPesa Undisclosed Transactions Investment
15 $1,500,000 Sinemia Revo Capital Transactions Investment
16 $750,000 Jamii Africa Undisclosed Transactions Investment
17 $500,000 GradTrain Undisclosed Transactions Investment
18 $500,000 Ensibuuko Undisclosed Transactions Investment
19 Undisclosed Team8 Microsoft, Qualcomm Software & Services Investment
20 Undisclosed Abbi.io WalkMe Software & Services Acquisition

More information

  1. Electra Acquires Golan Telecom For $91 Million (News18)
  2. Kik snaps up video chat app maker Rounds for a reported $60-$80 million (TechCrunch)
  3. AppsFlyer Raises $56M Series C Financing (FinSMEs)
  4. Israeli HealthWatch – inspired by founder’s father’s heart attack – receives $20M to enter China (Geektime)
  5. Corephotonics raises $15 million from Samsung, Foxconn, MediaTek (Reuters)
  6. Israeli fintech co Earnix raises $13.5m (Globes)
  7. iyzico raises $13m in Series C round (212)
  8. VisIC Technologies Raises $11.6M (No Camels)
  9. Augmented reality lens maker Lumus conjures up a $6M investment from Alibaba (Geektime)
  10. Secret Double Octopus nabs $6M for a stronger, easier alternative to regular 2FA (TechCrunch)
  11. Vezeeta secures $5m for regional expansion (Daily News Egypt)
  12. Flytrex lands $3M to make drone delivery a thing (TechCrunch)
  13. Israeli cyber security co Cybellum raises $2.5m (Globes)
  14. BitPesa closes a $2.5M round to expand digital payments business beyond Africa (AppsAfrica)
  15. Movie ticket subscription service Sinemia raises $1.5 million for its US expansion (Tech.eu)
  16. Tanzania’s Jamii raises $750k funding for expansion (Disrupt Africa)
  17. Edtech Startup GradTrain Closes $500k Seed Financing (FinSMEs)
  18. Ensibuuko closes $500,000 worth of investment (Techjaja)
  19. Microsoft, Qualcomm back Israel’s Team8 cybersecurity firm (Reuters)
  20. WalkMe acquires Abbi.io to add mobile A/B testing and engagement (TechCrunch)

Top 20 North American Deals for January 2017

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $3,700,000,000 AppDynamics Cisco Software & Services Acquisition
2 $1,100,000,000 CoverMyMeds McKesson Software & Services Acquisition
3 $1,000,000,000 Vantage Data Centers Digital Bridge Holdings Software & Services Acquisition
4 $800,000,000 Verily Temasek Holdings Software & Services Investment
5 $650,000,000 SimpliVity Hewlett Packard Enterprise Software & Services Acquisition
6 $425,000,000 Trello Atlassian Software & Services Acquisition
7 $250,000,000 Magento Commerce Hillhouse Capital Group Ecommerce Investment
8 $165,000,000 Tricentis Insight Venture Partners Software & Services Investment
9 $156,000,000 Centerfield Media H.I.G. Growth Partners Marketing Investment
10 $140,000,000 Proterra Consortium Hardware & Infrastructure Investment
11 $109,000,000 Ring Consortium Hardware & Infrastructure Investment
12 $100,000,000 PatientsLikeMe iCarbonX, Invus Transactions Investment
13 $90,000,000 Nuna Incorporated John Doerr, Kleiner Perkins Caufield & Byers Software & Services Investment
14 $83,500,000 eNom Tucows Software & Services Acquisition
15 $75,000,000 Kaminario Consortium Software & Services Investment
16 $70,000,000 ShoeBuy Jet.com Ecommerce Acquisition
17 $50,000,000 Upside.com Leucadia National, Red Ventures Transactions Investment
18 $50,000,000 Turbonomic General Atlantic Software & Services Investment
19 $45,000,000 Bitglass Consortium Software & Services Investment
20 $45,000,000 Aryaka Networks Deutsche Telekom Capital Partners, Third Point Ventures Software & Services Investment

More information

  1. Cisco to Buy Software Maker AppDynamics for $3.7 Billion (Bloomberg)
  2. McKesson to buy CoverMyMeds for $1.1 bln (PE HUB)
  3. Digital Bridge to acquire Vantage Data Centers for $1 billion – sources (Europe Breaking News)
  4. Alphabet’s health-tech company Verily gets $800 million from Singapore investment firm Temasek (VentureBeat)
  5. HPE acquires SimpliVity for $650M in cash (TechCrunch)
  6. Atlassian to Acquire Trello, for $425M (FinSMEs)
  7. Magento Commerce scores $250 mln from Hillhouse (PE HUB)
  8. Tricentis Raises $165M in Series B Funding (FinSMEs)
  9. Centerfield Secures $156 Million in Financing And Acquires Performance Marketing Leader Qology Direct (Multi Channel News)
  10. This electric bus company just raised $140 million (TechCrunch)
  11. Ring raises $109M to help build safer neighbourhoods, sights still set on IPO (TechCrunch)
  12. PatientsLikeMe secures $100M, partners with health data company iCarbonX (Mobi Health News)
  13. Nuna Raises over $90m in Funding (FinSMEs)
  14. eNom Acquired By Tucows for $83.5 Million (The Hosting News)
  15. Kaminario Raises $75M in Funding (FinSMEs)
  16. Jet.com Grabs ShoeBuy for $70M as Walmart Expands E-Commerce Arsenal (Xconomy)
  17. Business Travel Startup Upside Raises $50 Million at $200 Million Valuation (Skift)
  18. The Former CIO Of GE Just Led A $50M Bet On Cloud Company Turbonomic (Forbes)
  19. Singtel Innov8, Australia’s Future Fund participate in Bitglass’ $45m Series C (Deal Street Asia)
  20. Fast-growing Milpitas networking startup raises $45M (SiliconValley Business Journal)

Top 20 Asia & Pacific Deals for January 2017

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $2,180,000,000 LeEco Sunac China Holdings Media Investment
2 $1,100,000,000 Koubei.com Consortium Mobile & Apps Investment
3 $613,851,385 Tian Tian Express Suning Commerce Group Transactions Acquisition
4 $500,000,000 Uxin Consortium Transactions Investment
5 $215,000,000 Mobike Consortium Mobile & Apps Investment
6 $100,000,000 Zhihu Consortium Media Investment
7 $100,000,000 MissFresh Consortium Ecommerce Investment
8 $100,000,000 Xueba100.com Consortium Mobile & Apps Investment
9 $58,000,000 Chushou GGV Capital, Shunwei Capital Media Investment
10 $58,000,000 UrWork Consortium Transactions Investment
11 $57,000,000 FreeCharge Snapdeal Mobile & Apps Investment
12 $55,000,000 Housing.com REA Group Limited, Softbank Group Corp. Transactions Investment
13 $55,000,000 Practo Consortium Software & Services Investment
14 $52,000,000 Diyi Chedai Addor Capital, Youjin Capital Transactions Investment
15 $50,000,000 EasyStack CASH Capital (Beijing) Investment Management Software & Services Investment
16 $36,000,000 Kuaikan Comic Consortium Media Investment
17 $30,000,000 Lalamove Consortium Transactions Investment
18 $25,000,000 HOOQ Consortium Media Investment
19 $21,000,000 Er Geng Consortium Media Investment
20 $17,000,000 Aipinji Hangzhou Hongfan Tiansheng Capital, Meridian Capital China Transactions Investment

More information

  1. China’s LeEco Raises $2.18 Billion From Property Investor (Variety)
  2. Alibaba’s local commerce platform, Koubei, raises $1.1 billion (TechCrunch)
  3. Suning Commerce Group to buy Tiantian Express for 4.25 billion yuan (China Daily )
  4. TPG Co-Leads $500M Funding In Online Used Car Dealership Uxin (China Money Network)
  5. China’s Mobike raises $215M led by Tencent for its bicycle sharing service (TechCrunch)
  6. Zhihu crowned China’s first knowledge sharing unicorn with 100m USD series D (Technode)
  7. Lenovo Capital Co-Leads $100M Round In Miss Fresh (China Money Network)
  8. China VCs lead $100m round for local education app Xueba (AVCJ)
  9. GGV, Shunwei lead $58M Round In Games Streaming Start-Up (China Money Network)
  10. UR Work receives $58 million in its B round of financing (China Daily)
  11. FreeCharge receives $57 mn from Snapdeal (Tech Circle)
  12. PropTiger To Acquire Housing.com, Joint Entity To Get $55 Million Funding (NDTV)
  13. India’s Practo raises $55M to expand its healthcare platform to more emerging markets (TechCrunch)
  14. Addor Capital Leads $52M Series B Round In Diyi Chedai (China Money Network)
  15. EasyStack raises $50M Series C Round, Setting New Single Round Record in China Open Source (Yahoo)
  16. Tiantu leads $36m round for China comic site (AVCJ)
  17. Lalamove Closes US$30M Series B Financing (FinSMEs)
  18. Asian Netflix challenger HOOQ raises $25M more from Singtel, Sony and Warner (TechCrunch)
  19. China: Media startup Er Geng raises $21m; Travel management platform Meiya bags $17m (Deal Street Asia)
  20. MERIDIAN CAPITAL CHINA JOINS $17M VENTURE ROUND IN AIPINJI (China Business Blog)