Fundings & Exits

Chartbeat Raises $15.5 Million To Save Publishers From The “Viewpocalypse”

Chartbeat_2015_Heads Up Display_Create Headline Test ChartBeat today said it raised $15.5 million in its latest round of funding — and that money is going toward helping publishers improve their advertising businesses. Recently the Interactive Advertising Bureau called for ads to be considered “viewable” if 50% of the ad is shown for at least one second — a new standard that has caused many sites to lose inventory,… Read More

Jetbay, Which Arranges Offbeat Tours To China, Gets $1.6M Seed Funding

Jetbay Jetbay wants to save travelers to China from boring tour packages. Launched by the founders of Wowo (also known as 55Tuan), one of the country’s largest group deals sites, Jetbay offers private itineraries that cover popular destinations, like the Great Wall of China, as well as more obscure places. The Beijing-based startup just grabbed $1.6 million in seed funding led by ChinaRock… Read More

CEO Kevin Gibbon Says Shyp Still Isn’t An On-Demand Company

kevin-gibbon5 Shyp still isn’t explicitly an on-demand service, according to company CEO Kevin Gibbon.
Despite having a service that allows users to summon someone who will ship something for them, Gibbon still said onstage at TechCrunch Disrupt NY the company is still more comparable to FedEx and UPS, rather than on-demand companies like Postmates or Sprig. Read More

Automile Scores $5M To Connect Your Car To The Cloud

feature-section-fleet Automile, which offers a device and platform that connects your car to the cloud so you can track various kinds of data, has closed a $5 million Series A round. The investment was led by Dawn Capital and Point Nine Capital — money that will be used by the Swedish startup to expand globally and continue developing new services for car owners. Initially targeting the enterprise —… Read More

Consumer Drone King DJI Raises $75M To Build lndustrial UAV Developer Platform

Accel DJI How will DJI keep its drone hardware business from being commoditized by cheap knockoffs? By fostering a drone operation software developer ecosystem with a new $75 million growth equity investment from Accel Partners. DJI may build variations of its drones for agriculture, oil & gas, mining, and other commercial tasks. But to make sure its drones can handle a much wider variety of use… Read More

Work Management Platform Wrike Raises $15M Series B Round

Wrike-Enterprise-workspace Work management and collaboration platform Wrike today announced that it has raised a $15 million Series B round led by Scale Venture Partners with participation from DCM Ventures and previous investor Bain Capital Ventures. As the company also disclosed today, its enterprise revenue is currently growing 20 percent month-over-month and the company is adding $1.5 million in new annualized… Read More

Zenefits Just Raised $500 Million At A $4.5 Billion Valuation

zenefits scottsdale Zenefits today said it has raised $500 million in a round led by Fidelity and TPG at a whopping $4.5 billion valuation. The company, which allows small- and medium-sized businesses to manage human resources services in a much simpler fashion, is one of the fastest-growing SaaS businesses ever, and in an interview, Zenefits CEO Parker Conrad said the big round was raised to keep the company… Read More

Indian E-commerce Logistics Startup Delhivery Raises $85M Series D

Delhivery In yet another vote of confidence for India’s e-commerce market, logistics company Delhivery has scored a series D round of $85 million, less than eight months after its $35 million series C. The latest round was led by Tiger Global Management with participation from returning investors Multiples Alternate Asset Management, Nexus Venture Partners, and Times Internet Limited. Read More

Thailand’s Omise Lands $2.6M To Expand Its Payment Gateway Across Asia

toom0382 Omise, a Thailand-based payment enabler, is in the money today after it raised a $2.6 million Series A round to develop its payment gateway system and expand across Asia. Read More

HeyLets, A Personalized Location Discovery App, Raises Seed Funding

HeyLets With the number of location discovery apps out there already, the question might not be “Where should we go?” but “Why make another one?” The developers of HeyLets, however, believe there is still room to stand apart by delivering more personalized recommendations to people based on their interests (users can pick from 30 categories, ranging from the obvious like… Read More