Fundings & Exits

European Travel Planner Platform, GoEuro, Pulls In Another $27M For Regional Expansion

GoEuro Berlin-based multi-mode travel planner platform GoEuro has closed a $27 million Series A funding round led by New Enterprise Associates, seven months on from topping up its seed funding with a multi-million dollar cash injection. The funding will be targeted at market expansion and ramping up GoEuro’s rate of growth. Read More

Snapchat Raising A New Round From KPCB At A $10B Valuation

Screen Shot 2014-08-26 at 2.25.19 PM The rumors are flying around vanishing messaging app Snapchat, both on and off Secret. We too are hearing that Microsoft and Snapchat are in acquisition talks, though we can’t really grok why they would be, other than that the situation would make a great plot point in the inevitable Snapchat movie (“The Sexting Network”?). Read More

Facebook Hires The Team From WaveGroup Sound, An Audio Production Company

facebook-creative-color-logo Facebook has made an interesting acquisition, having picked up WaveGroup Sound, an audio production company headquartered in Burlingame, Calif., that specializes in sound for games, and that produced tracks for the Guitar Hero series, as well as Rock Band and Dance Dance Revolution titles. It also makes sounds for many startups, hardware devices and mobile apps. Read More

Automattic Acquires BruteProtect To Help Keep WordPress Users Safe

bp-a8c-merge-01 WordPress now powers so many websites, it’s no surprise that it’s a favorite target for hackers. To keep its users safe, Automattic – the company behind both and the open-source WordPress project — today announced that it has acquired BruteProtect, a security and management tool for WordPress. Read More

Google Acquires Zync To Bring Visual Effects Rendering To Its Cloud Platform

2014-08-26_0949 Google today announced that it has acquired Zync Render, a service that makes it easier for movie studios to render their visual effects in the cloud. The technology was used to render effects in movies like Star Trek: Into Darkness and Looper, for example. Google will use the technology to make it easier for studios to use its Cloud Platform infrastructure to render their creations. Read More

Admittedly College Counseling Service Lands $1.2 Million In Funding

college Admittedly, a company looking to give students, parents and college counselors access to comprehensive tools for finding and applying to the right college, has today closed a $1.2 million seed round. Investors include Quotidian, RRE, Correlation, Joanne Wilson, and Shawn Byers. Admittedly launched back in 2013 out of the Entrepreneurs Roundtable Accelerator in New York, and was founded by… Read More

Berlin-Based Social Media Marketing Startup Brandnew Gets $1.9M In Seed Funding

Brandnew Brandnew, a Berlin-based startup that helps brands create native ad campaigns for Instagram and Pinterest, announced that it has raised a total of $1.9 million in seed funding. This includes a $1.1 million grant from the city of Berlin, as well as $845,000 from investors including PubliGroupe, Berlin Ventures, and Lukas Kirche. Brandnew plans to use the funding for technology development… Read More

Sofatutor Raises Another €3.5M To Consolidate German Tuition Market

sofatutor We haven’t heard from Sofatutor in a long old time. In 2012 they raised a ‘low million euro’ round from Acton Capital Partners, with existing investors. But their paid-for tuition service, which they’ve stuck to rigidly since they started, seems to attract investors.
Today they’ve raised a third funding round to strengthen the company’s position in the… Read More

Funding Circle Buys LeapPay To Get A Jump On Loan Approval Times

2903513401_d367bb3836_b Funding Circle, UK-based the peer-to-peer loans platform that recently raised $65 million for a platform that bypasses banks and lets small businesses connect with individuals for funding, is putting some of that funding to use. It has acquired a semi-stealth startup called LeapPay to speed up the turnaround time it offers on loans, and also to keep expanding its business in the U.S. Read More

Traklight Raises $350,000 To Help Businesses Protect Intellectual Property

lightbulb Traklight, a cloud-based software platform that tracks and protects intellectual property, announced today that it has raised $350,000 in angel funding from private investors including Astia Angels. The company says it will use the funding to expand its sales and marketing efforts nationally. Read More