Investments

Investments
SMS Texting Startup Zipwhip Lands $9 Million In Funding
October 18, 2016

Zipwhip, the Seattle startup that enables companies to text customers from the internet, announced Monday (Oct. 17) it raised $9 million in Series B investment led by Voyager Capital. According to a report, Voyager Capital was joined by Microsoft Ventures, Microsoft’s new formal venture fund. GCI...

Investments
Affirm Gets $100 Million Lending Facility From Morgan Stanley
October 17, 2016

Affirm, the company started by PayPal Cofounder Max Levchin to deliver financial products to consumers, announced last week it has obtained a $100 million lending facility from Morgan Stanley. On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to...

Investments
Note Debacle Will Cost Samsung $5.3 Billion In Profit
October 14, 2016

There are many ways to quantify the costs of an error — with the massive failure of the Galaxy Note this week, Samsung will likely be learning about several of them. The monetary costs alone will be pretty impressive — Samsung has confirmed that it expects to take...

Hooch App Raises A Glass To Raising $1.5M
October 13, 2016

Subscription-based drink startup Hooch is clinking glasses after raising $1.5 million from investors that included celebrities like Chris Burch, Russell Simmons and Shaun White. Dubbed a “private cocktail society,” Hooch allows subscribers to enjoy one drink “on the house” daily at different bars and clubs in...

Investments
Cybric Gets $6.3 Million In Seed Funding
October 07, 2016

Cybric, a provider of the only Continuous Security-as-a-Service platform, announced on Thursday (Oct. 6) it has closed $6.3 million in seed funding with Capstone Ventures and Petrillo Capital. Cybric will use this funding to launch its fully developed SaaS platform solution to the global marketplace....

Investments
Symphony Communication Looking To Raise Around $100 Million
October 07, 2016

Symphony Communication Services, an instant messaging startup backed by Wall Street, is reportedly in initial discussions with investors to raise around $100 million in new funding, reported The Wall Street Journal. According to the report, Symphony Communication Services is in talks with Temasek Holdings and GIC....

Investments
Financeit Gets $17 Million In New Round Of Funding
October 07, 2016

Financeit, a point-of-sale financing provider, announced on Thursday (Oct. 6) a new round of equity financing led by new investors, including Pritzker family business interests advised by The Pritzker Organization and DNS Capital. The round also included existing investors. This investment round of $17 million...

Investments
Payoneer Lands Funding From Technology Crossover Ventures
October 06, 2016

Payoneer, a FinTech company based in the U.S., has raised $180 million in a Series E round of venture funding. According to a report, the startup, which helps facilitate cross-border payments online, raised the funding from Technology Crossover Ventures. Technology Crossover Ventures backed big tech...

Can Optimove Change The Apathetic CRM Space?
October 05, 2016

The CRM space has been spiritless for a while, but technologies such as machine learning and artificial intelligence are poised to inject some life. Optimove has just raised $20 million in funding and hopes to make an impact after a move to the U.S. market....