Tag Archives: Snapchat

Snapchat raises $175 Million

Commentary

Snapchat has raised $175 million in a Series F funding round from Fidelity Investments, valuing the company at the same $16 billion valuation it received last year. According to Reuters, the flat round indicates investors are becoming cautious of Snapchat’s sustainability. Last year, Fidelity devalued its stake in Snapchat by 25%, but it was marked up again last fall by about 15%. It is still unclear how profitable the company is and the mark down suggests that Snapchat could be overvalued.

You can read about the funding here.

Top 20 North American Deals for December 2015

 

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $4,400,000,000 AOL Verizon Media Acquisition
2 $3,000,000,000 Aruba Networks Hewlett-Packard Hardware & Infrastructure Acquisition
3 $1,500,000,000 Lynda.com LinkedIn Media Acquisition
4 $1,400,000,000 Electronic Funds Source WEX Transactions Acquisition
5 $1,200,000,000 Virtustream EMC Software & Services Acquisition
6 $1,200,000,000 Uber Baidu Transactions Investment
7 $1,000,000,000 Uber Undisclosed Transactions Investment
8 $1,000,000,000 Uber Microsoft, Bennett Coleman & Co. Transactions Investment
9 $1,000,000,000 SoFi SoftBank Transactions Investment
10 $910,000,000 Altegra Health Emdeon Transactions Acquisition
11 $890,000,000 Xoom PayPal Transactions Acquisition
12 $810,000,000 Trustwave Singtel Software & Services Acquisition
13 $537,000,000 Snapchat Consortium Mobile & Apps Investment
14 $530,000,000 Lyft Rakuten Transactions Investment
15 $500,000,000 Zenefits Consortium Software & Services Investment
16 $500,000,000 Wish DST Capital Ecommerce Investment
17 $500,000,000 1010data Advance Software & Services Acquisition
18 $500,000,000 Jet.com Fidelity Investments Ecommerce Investment
19 $485,000,000 Snapchat Consortium Mobile & Apps Investment
20 $453,000,000 Lancope Cisco Software & Services Acquisition

More information

  1. Verizon Agrees to Buy AOL for $4.4 Billion (Wall Street Journal)
  2. HP to acquire Aruba Networks for about $3B (CNBC)
  3. LinkedIn to Acquire Lynda.com for $1.5BN (FinSMEs)
  4. WEX to Buy Electronic Funds Source From Warburg Pincus for $1.4 Billion (The Wall Street Journal)
  5. EMC Continues Shift To Cloud With $1.2B Virtustream Purchase (TechCrunch)
  6. Uber Has Raised $1.2B More In China With Baidu Investing As Rival Didi Kuaidi Gets $3B (TechCrunch)
  7. Facing Demand, Uber Expands Funding Round by $1 Billion (NY Times)
  8. Uber reportedly raises $1B at a $51B valuation from investors including Microsoft (VentureBeat)
  9. SoFi raises whopping $1 billion to refinance student loans (Fortune)
  10. Emdeon to Acquire Altegra Health for $910M (FinSMEs)
  11. PayPal to Acquire Xoom for $890M (FinSMEs)
  12. Singtel buys US cybersecurity firm for US$810M (Tech In Asia)
  13. Snapchat Closes Another Massive Funding Round — $537 Million (Re/code)
  14. Lyft Raises $530M in Series E Funding (FinSMEs)
  15. Zenefits Raises $500M Series C Funding (FinSMEs)
  16. Sources: DST Global Led Mobile Shopping App Wish’s $500M Round (TechCrunch)
  17. Advance Acquires 1010data for $500M (FinSMEs)
  18. Jet.com Raising up to $500 Million Led by Fidelity at $1 Billion Valuation (Re/Code)
  19. Snapchat Raises $485M in Funding (FinSMEs)
  20. Cisco Beefs Up Security, Buys Lancope For $453M (TechCrunch)

Top 20 Mobile & Apps Deals for December 2015

 

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $810,000,000 PrimeAgain Consortium Mobile & Apps Investment
2 $600,000,000 Kuaidi Dache Consortium Mobile & Apps Investment
3 $537,000,000 Snapchat Consortium Mobile & Apps Investment
4 $526,000,000 Spotify Consortium Mobile & Apps Investment
5 $485,000,000 Snapchat Consortium Mobile & Apps Investment
6 $315,000,000 Ola Consortium Mobile & Apps Investment
7 $240,000,000 Runtastic Adidas Mobile & Apps Acquisition
8 $200,000,000 Snapchat Alibaba Mobile & Apps Investment
9 $200,000,000 Miaopai Consortium Mobile & Apps Investment
10 $186,000,000 Pinterest Consortium Mobile & Apps Investment
11 $158,000,000 AppDynamics Consortium Mobile & Apps Investment
12 $126,000,000 Glu Mobile Tencent Mobile & Apps Investment
13 $120,000,000 Afrimax Group Consortium Mobile & Apps Investment
14 $100,000,000 APUS Group Consortium Mobile & Apps Investment
15 $100,000,000 Banjo Softbank, BlueRun Ventures Mobile & Apps Investment
16 $100,000,000 Edaixi Consortium Mobile & Apps Investment
17 $100,000,000 letgo Naspers Limited Mobile & Apps Investment
18 $100,000,000 Guvera AMMA Private Equity Mobile & Apps Investment
19 $90,000,000 OfferUp Consortium Mobile & Apps Investment
20 $70,000,000 Conga Insight Venture Partners Mobile & Apps Investment

More information

  1. Japan’s PrimeAgain raises $810,000 to further develop ephemeral video sharing app (The Bridge)
  2. KuaiDi Dache Raises US$600M in Funding (FinSMEs)
  3. Snapchat Closes Another Massive Funding Round — $537 Million (Re/code)
  4. These Are The Companies That Just Gave Spotify Half A Billion Dollars (Forbes)
  5. Snapchat Raises $485M in Funding (FinSMEs)
  6. Ola raises blockbuster $315M funding to stay ahead of Uber in India (Tech In Asia)
  7. Runtastic Acquired By Adidas For $240M (TechCrunch)
  8. Alibaba invests $200M in Snapchat (Tech In Asia)
  9. China’s answer to Vine gets new funding, now valued at over $1b (Tech In Asia)
  10. Pinterest Adds $186M To Series G Funding Round, Offers Secondary Sale To Employees (TechCrunch)
  11. AppDynamics Secures $158M in Growth Financing (FinSMEs)
  12. Tencent Will Pay $126M For A 14.6% Stake In Glu Mobile, Maker Of Kim Kardashian: Hollywood (TechCrunch)
  13. Afrimax Group Raises $120M in Growth Funding (FinSMEs)
  14. APUS Group Raises $100M in Series B Financing (FinSMEs)
  15. Banjo Raises $100M in Series C Funding (FinSMEs)
  16. Baidu Leads $100M New Funding Round In Edaixi (China Money Network)
  17. letgo Raises $100M in Series A Funding (FinSMEs)
  18. Music streaming firm Guvera raising US$100M for Indian expansion (e27)
  19. OfferUp Unveils $90M in Total Funding (FinSMEs)
  20. Conga Raises $70M in Funding (FinSMEs)

Top 20 Investments for December 2015

 

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $2,000,000,000 Didi Kuaidi Consortium Transactions Investment
2 $1,250,000,000 Ele.me Alibaba Group Holding Transactions Investment
3 $1,200,000,000 Uber Baidu Transactions Investment
4 $1,200,000,000 Avito Naspers Transactions Investment
5 $1,000,000,000 Uber Undisclosed Transactions Investment
6 $1,000,000,000 Coupang SoftBank Ecommerce Investment
7 $1,000,000,000 Uber Microsoft, Bennett Coleman & Co. Transactions Investment
8 $1,000,000,000 Didi Kuaidi Undisclosed Transactions Investment
9 $1,000,000,000 SoFi SoftBank Transactions Investment
10 $810,000,000 PrimeAgain Consortium Mobile & Apps Investment
11 $700,000,000 Flipkart Tiger Global Management, Steadview Capital Ecommerce Investment
12 $700,000,000 Yidao Yongche Le TV Transactions Investment
13 $630,000,000 Ele.me Consortium Transactions Investment
14 $600,000,000 Kuaidi Dache Consortium Mobile & Apps Investment
15 $590,000,000 Meizu Alibaba Group Holding Limited Hardware & Infrastructure Investment
16 $537,000,000 Snapchat Consortium Mobile & Apps Investment
17 $530,000,000 Lyft Rakuten Transactions Investment
18 $526,000,000 Spotify Consortium Mobile & Apps Investment
19 $500,000,000 Zenefits Consortium Software & Services Investment
20 $500,000,000 Tuniu JD Transactions Investment

More information

  1. Didi Kuaidi, Uber’s Arch Rival In China, Confirms It Raised $2B In Fresh Funding (TechCrunch)
  2. Alibaba to pump US$1.25 billion in Chinese online food delivery service Ele.me (e27)
  3. Uber Has Raised $1.2B More In China With Baidu Investing As Rival Didi Kuaidi Gets $3B (TechCrunch)
  4. Naspers Makes US$1.2 Billion Investment in Avito (FinSMEs)
  5. Facing Demand, Uber Expands Funding Round by $1 Billion (NY Times)
  6. Coupang Receives $1BN in Funding (FinSMEs)
  7. Uber reportedly raises $1B at a $51B valuation from investors including Microsoft (VentureBeat)
  8. Didi Kuaidi raises extra $1B to battle Uber in China (Tech In Asia)
  9. SoFi raises whopping $1 billion to refinance student loans (Fortune)
  10. Japan’s PrimeAgain raises $810,000 to further develop ephemeral video sharing app (The Bridge)
  11. Flipkart Raises $700M In 10th Funding Round At $15B Valuation (Trak.in)
  12. Uber may have a new rival in China, as Yidao Yongche to raise $700M (VentureBeat)
  13. Ele.me Raises US$630M in Series F Funding (FinSMEs)
  14. KuaiDi Dache Raises US$600M in Funding (FinSMEs)
  15. Meizu Receives US$590M Minority Investment from Alibaba (FinSMEs)
  16. Snapchat Closes Another Massive Funding Round — $537 Million (Re/code)
  17. Lyft Raises $530M in Series E Funding (FinSMEs)
  18. These Are The Companies That Just Gave Spotify Half A Billion Dollars (Forbes)
  19. Zenefits Raises $500M Series C Funding (FinSMEs)
  20. Chinese travel site Tuniu gets $500M injection, JD now biggest shareholder (Tech In Asia)