“UAVbnb” DroneBase Is DJI And Accel’s First SkyFund Investment

DroneBase 4 Drone manufacturing king DJI has a plot to expand its unmanned aerial empire. It’s teamed up with prestigious VC Accel to launch the $10 million SkyFund, which invests in companies expanding the drone market — and DJI’s sizable slice of it. Today SkyFund revealed to me that its first investment goes to DroneBase, which lets any business rent a drone and pilot. Read More

Thrive Market, A Health-Conscious Costco On The Web, Raises $30M

thrivemarket The demographic of health-conscious consumers is growing rapidly, and yet there is no dominant online player that provides high quality, organic, natural products to those consumers. Thrive Market, an LA-based startup that just closed a $30 million Series A round, is looking to do just that. The company aims to be a hybrid of Whole Foods and Costco, where users pay $60/year for a membership… Read More

Vaniday, Rocket Internet’s Beauty And Wellness Marketplace, Scores €15M Backing

Introducing Vaniday (1) Vaniday, the online marketplace for beauty and wellness professionals co-founded by e-commerce behemoth and ‘startup builder’ Rocket Internet, has bagged its first major round of funding. Read More

Caller ID App Truecaller Is Raising $100M At A $1B Valuation

Screen Shot 2015-07-29 at 15.19.17 Communications apps that strike a chord with users across different markets are hot property these days, and it looks like another one of them may soon enter the so-called unicorn club. TechCrunch has learned that Truecaller — a caller ID app that now has 150 million users — is looking to raise around $100 million at a $1 billion valuation. We’re hearing that Truecaller… Read More

GitHub Raises $250M Series B Round To Take Risks

4858486575_17a28e7b11_o GitHub, the software development collaboration and version control service based on the popular open source Git tool, today announced that it has raised a $250 million funding round led by Sequoia Capital. Andreessen Horowitz, Thrive Capital and Institutional Venture Partners also participated in this round. The company, which was founded back in 2008, has now taken a total of $350 million… Read More

Little, A Hyperlocal Deals Service For India, Launches With $50M In Funding

little screenshots A collection of India’s top entrepreneurs are pooling their resources to a launch a new marketplace that connects consumers with physical retailers via their smartphone. Read More

Alibaba Plows $1B Into Aliyun, Its Cloud Computing Unit

cloud Alibaba Group announced today that it will invest a further $1 billion into Aliyun, its cloud computing unit. The capital will be used to expand Aliyun, which currently has data centers in China, Hong Kong, and Silicon Valley, into other international markets. Read More

Lending Platform China Rapid Finance Raises $35M Series C At A $1B Valuation

Chinese Yuan China Rapid Finance, which claims to be the country’s largest online consumer lending marketplace, has closed a $35 million Series C led by Broadline Capital. The round pegs the company’s pre-money valuation of $1 billion. China Rapid Finance is reportedly gearing up for an initial public offering in the U.S. Read More

Golden Gate Ventures Unwraps $50M Fund For Southeast Asia

golden gate bridge There’s a new startup fund in Southeast Asia. Singapore-based Golden Gate Ventures announced a new $50 million to support startups in the region and international companies expanding into Southeast Asia. Read More

Medical Office Software Maker Kareo Raises $55M

Screen Shot 2015-07-28 at 8.29.08 AM Kareo, a startup that provides small medical practices the tools they need to run their business, has pulled in $55 million in funding to accelerate expansion in doctors’ offices across the country.
Montreux Equity Partners, a late-stage health tech fund, led the round, with participation from Silver Lake Partners as well as all previous investors including Greenspring Associates… Read More