GrubMarket, the startup that connects local farmers with restaurants and stores, has raised $25 million in venture funding. According to a report in TechCrunch citing the company, the Series C round was supposed to be for $15 million but was oversubscribed. The round of fundraising was...
Tencent Holdings is buying over 1 billion shares of Hong Kong-listed eCommerce platform Youzan. According to DealStreetAsia, the deal will give Tencent a 6.7 percent stake in Youzan. The company also announced that it is selling around 1.72 billion shares to five subscribers, including Tencent’s...
Aqua Security announced that it has closed a Series C investment round of $62 million, led by Insight Partners. The company’s existing investors — Lightspeed Venture Partners, M12 (Microsoft’s venture fund), TLV Partners and Shlomo Kramer — also participated. This latest investment brings Aqua’s total...
The company created to hold Yahoo’s considerable stake in Alibaba, called Altaba, will be sold and close shop by Q4 of this year, according to reports. The outfit also held shares in Yahoo! Japan, but those were sold in September. The remaining holdings, which are...
Financial services company Affirm has raised $300 million in a Series F funding round, the company said in a press release. The funding round was led by Thrive Capital. Other investors included Fidelity Management and Research Company, Sound Ventures and Wellington Management Company. So far,...
Home buying and selling platform Perch has announced that it has raised $220 million in new funding. The funding, which is a combination of equity to fund operations and debt to fund home purchases, was led by FirstMark Capital, with participation from Accomplice and Juxtapose....
PayPal has invested in a blockchain company for the first time — one that’s focused on using the technology to help give users greater control over their digital identities, according to reports. The company is called Cambridge Blockchain, and PayPal participated in a Series A...
Segment, a data collection startup that helps companies manage customer data, has raised $175 million in funding, according to a report by Bloomberg. Previous investors Accel and Alphabet outfit GV led the round with Meritech Capital Partners. Other investors include the Y Combinator Continuity Fund...
Lyft, the ride-hailing startup which went public last week, saw its share price fall for the third trading day Tuesday (April 2). After closing down Monday (April 1) below its IPO, the stock continued to decline in trading Tuesday, according to a report in CNBC. The...
