The third full week of December saw overall investment spend at just over $286 million, well below last week’s haul. FinTech took the lead again this week with about 64 percent ($185.3 million) of total investment activity after it was overshadowed by major B2B deals...
Personalization technology startup Dynamic Yield recently announced it had raised $22 million in a Series C venture capital funding round. This most recent round was reportedly led by Vertex and ClalTech, with additional participation from Baidu and Global Founders Capital. Dynamic Yield leverages customer data...
Stocks are at, or near, depending on the day, all-time highs. Call it the Trump effect or optimism about the U.S. economy. In the latter case, there was optimism enough for the Federal Reserve to have raised rates in mid-December. But a few broader trends lie...
POS platform company Appetize recently announced that it had closed a $20 million investment round led by Shamrock Capital Advisors and Oak View Group, among others. Appetize, a Playa Vista, California-based POS company, delivers modern ordering and payments technology for enterprise businesses. Appetize currently works with...
Cloud-based project management app startup eSUB Construction Software recently announced that it has raised $5 million in a Series A venture capital funding round led by Revolution Ventures. The San Diego-based startup was founded in 2008 and produces apps that help subcontractors track their work...
Taxi-hailing app Careem, which is a competitor to Uber in the Middle East, has raised $350 million in venture funding. According to a report in Fortune, the fundraising was led by Rakuten, the Japanese eCommerce company, and Saudi Telecom Company. With the $350 million, Careem...
Lloyds has announced that it will purchase MBNA — a credit card firm currently owned by Bank of America — for $2.35 billion. The move represents the bank’s first big acquisition since the 2008 financial crisis. MBNA currently holds assets worth $8.64 billion and is expected to...
One Inc., the cloud platform for insurance, raised $20 million in venture capital funding from AXA Strategic Ventures, the VC arm of AXA, and MassMutual Ventures, the VC arm of Massachusetts Mutual Life. According to a report, H&Q Asia Pacific, an earlier investor in One, participated...
Two years out, it’s been quite the journey for OnDeck. Back in December 2014, the online lender took to the public markets, raising $200 million, and soon out of the gate the shares were fetching $23, before crashing, like other firms in the space, to...
