Acquisition.Digital

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GoGoVan becomes Hong Kong’s first $1 billion startup following merger deal

At our TechCrunch China event in June we discussed the bright future that Hong Kong’s startup scene has, despite some big challenges. This week the country passed a notable milestone as it got its first $1 billion valued startup, better known as a unicorn.<p>The company in question is GoGoVan, a …

Startups

Facebook quietly bought a startup that can manipulate videos

Fake news, it's a big deal on Facebook, and we might just be getting more of it in the form of videos.<p>Facebook recently bought a startup with an …

Facebook

What if Snap was bought by Google?

It may be unlikely. It may require Snap chief executive Evan Spiegel to change his mind about the merits of independence but if it were to happen …

SimilarWeb raises $47M at valuation approaching $800M to take on Nielsen in digital market intel

Companies are increasingly dependent on digital platforms for their business growth, and that is giving a boost to analytics firms that are helping them make better sense of that digital landscape. SimilarWeb — which offers analytics and insights about the performance of websites and apps, as well …

Startups

Mark Cuban leads $1.5 million round in SaaS management tool Meta SaaS

As companies gradually shift to the cloud, they naturally pile on Software as a Service (SaaS) subscriptions. Meta SaaS wants to help these companies better manage their various subscriptions, saving them money along the way by pointing out underutilized services. The Austin, Texas-based startup …

SaaS

Improbable draws $502 million from SoftBank and others for dream of giant online game worlds

How’s this for improbable?<p>Online gaming world enabler Improbable has raised $502 million in a second round of investors, including SoftBank. Improbable has created an operating system, SpatialOS, that marshals the power of cloud computing and distributed platforms to enable even small studios to …

Game Development

Hootsuite launches $5 million developer fund

Like many companies, Hootsuite knows that its social media management service isn’t going to be able to address all the needs of its users, especially those in the enterprise. The company has therefore opted to make an investment in its platform to incentivize third-party developers to build tools …

Social Media Marketing

Robinhood raises $110 million at a $1.3 billion valuation for stock trading app

Robinhood has officially raised its latest round of funding, bringing in $110 million at a $1.3 billion valuation. The investment is led by DST Global and includes participation from new investors Greenoaks Capital and Thrive Capital, along with previous investors Index Ventures, NEA, and Ribbit …

Venture Capital

Mobileye, Intel’s $15.3 billion computer vision acquisition, partners with Nissan to crowdsource maps for autonomous cars

Mobileye, the Israeli computer vision firm that’s currently in the process of being acquired by chip giant Intel for $15.3 billion, has announced a new tie-up with automotive giant Nissan to generate “anonymized, crowdsourced data” for precision mapping in autonomous cars.<p>Founded in 1999, Mobileye …

Transportation

These are the biggest e-commerce acquisitions of all time

PetSmart’s acquisition of Chewy is the cherry on top.<p>As <b>Recode</b> reported Tuesday, PetSmart is acquiring online pet store Chewy for $3.35 billion — the biggest e-commerce acquisition of all time.<p>For context, this is an even bigger deal than Walmart’s acquisition of online retailer Jet.com last year — …

Consulting

Prestigious Firms Make Riskier Acquisitions Than Other Firms

High-reputation firms are recognized for consistently meeting and even exceeding stakeholders’ expectations. Prior research suggests that compared to other firms, this elite subset of firms attract more and better job applicants, command higher prices for products and services, and sustain higher …

Harvard Business Review

WPP leads the charge in M&A for the marcoms sector, says Results International

The WPP Group has been the most active in the mergers and acquisitions (M&A) department for the marketing and communications (marcoms) sector …

Eventbrite acquires competitor Nvite

Eventbrite, the event ticketing startup valued at just over $1 billion, has acquired Nvite, a smaller competitor. Nvite, based in Washington, D.C., had raised $1 million in funding in 2014 from a group of local investors.<p>An Eventbrite spokeswoman confirmed the deal and provided the following …

Startups

10 Excellent Pieces of Expert Advice for Entrepreneurs from VCs

If you want to build a successful startup and score funding, who better to look to for advice than the investors? VCs have a wealth of experience and know what separates the unicorns (winners) from the donkeys (losers).<p>Entrepreneurs, take note! Here are 10 excellent pieces of advice from VCs.<p>1. …

Entrepreneurship

Google confirms acquisition of data science startup Kaggle

At its Google Cloud Next conference in San Francisco today, Google announced that it has acquired Kaggle, a startup whose website has hosted competitions in which data scientists solve challenges that other companies provide. Terms of the deal weren’t disclosed.<p>Kaggle competitions have historically …

Data Science

Mozilla acquires read-it-later app Pocket, will open-source the code

Mozilla, the company behind the Firefox browser, today announced that it has acquired Pocket, the startup that develops an app for saving articles and other content. Terms of the deal weren’t disclosed.<p>The Pocket code will become a part of the Mozilla open-source project, Mozilla chief business and …

Software

SlamData raises $6.7 million to provide business analytics for non-relational data

SlamData, which provides a business intelligence (BI) tool for enterprises, announced today a funding round of $6.7 million.<p>The Boulder, Colorado-based startup helps customers get more out of NoSQL databases like MongoDB, Couchbase, MarkLogic, and Hadoop. SlamData offers native analytics and …

Business Intelligence

Apple Acquires Israeli Firm RealFace Specializing in Facial Recognition

Apple has bought Israeli startup RealFace, a cybersecurity and machine learning firm specializing in facial recognition technology.<p>The <i>Times of Israel</i> reported on Sunday that the Tel Aviv-based company, founded in 2014, was snapped up by Apple for an estimated $2 million, while Hebrew-language</i> …

Bought

NewsWhip raises $6.4 million to give newsrooms the data to spot breaking stories and trends

NewsWhip, a content analytics platform aimed largely at newsrooms and marketers, has raised $6.4 million in a Series A round led by Tribal Ventures, with participation from others, including the Associated Press (AP), Japanese publisher the Asahi Shimbun, San Francisco fund Matter VC, Enterprise …

Startups
Augmented Reality

Nura gets $4.6 million in seed funding for its customizable headphones

We tried out a prototype of Nura’s custom headphones over the summer and liked what we heard. Apparently we weren’t alone in that, as the Australian startup scored a massive $1.8 million on Kickstarter soon after – doubly impressive when you consider that, for those who didn’t get a chance to try …

Headphones

Snap IPO: Six things we now know about Snapchat parent company

Snap Inc. came out with a bang Thursday on the New York Stock Exchange.<p>Shares of Snap SNAP, -2.75% , the parent company of messaging app Snapchat, …

Snap Inc.

UK’s Hellocar secures £1M to to disrupt UK car buying market

Hellocar, a new car buying website out of the UK, has secured a £1m investment round. The round was led by JamJar Investments, the Innocent Drinks founders’ venture capital fund, and Alex Chesterman, founder and CEO of Zoopla Property Group. Henry Lane Fox, part of the founding team behind …

Startups

5 Investment Firms Reveal What They Look for in Startups

There's more competition than ever before to get startup funding. Here's how to break through the pack.<p>Running a startup is expensive. If you’re an entrepreneur, you already know this, and likely have “find money” high on your priority list. There’s a fair chance that the first place you’re going …

Venture Capital

Hootsuite acquires AdEspresso as it moves into paid content, social ads

Hootsuite, the startup and platform that lets marketers manage a company’s interactions across a range of social media networks, is getting into the business of paid content. Today, it is announcing that it has acquired AdEspresso, a company that has built a set of tools to create, A-B test, and …

Social Media Marketing

Sneaker Marketplace GOAT Raises $25 Million in Funding, Adds to Board of Directors

Mobile sneaker marketplace GOAT continues to flourish in 2017, announcing yesterday an additional $25 million in funding.<p>The funding is led by Accel, …

Startups

Snapchat hired the cofounder of a startup that stops people from reverse-engineering apps

Snapchat's parent company, Snap, has set up shop in Switzerland and hired a specialist in software protection, according to Bloomberg.<p>Laurent Balmelli is the cofounder of Strong.Codes, a two-year-old startup that sells software that protects companies from having their code tampered with or …

Startups

All Successful Startups Begin With This Checklist—an Expert Explains Why

<i>At MyDomaine, we know how challenging it is to turn your passion into a thriving business. Making that leap of faith takes courage and confidence,</i> …

Entrepreneurship

5 Ways Venture Capital Can Steal Your Dream

Many entrepreneurs chase VC funding, but the ones who fail to get it may be better off than those who do.<p>When faced with the frustrating constraint of limited capital, many entrepreneurs contemplate venture capital (VC) as a potential solution. Armed with a compelling vision, marketplace traction …

Venture Capital