Montreal-based ecommerce platform Beyond the Rack has raised $25 million in funding. Investissement Quebec, Iris Capital and Tandem Expansion Fund led the round with participation from existing investors Highland Capital Partners, Panorama Capital, BDC Venture Capital IT Fund and iNovia Capital. Also, Tandem Expansion's Alex Moorhead will join Beyond the Rack's board of directors.
5 min read · 27 November 2013
According to TechCrunch, German travel planner startup FromAtoB has secured a "seven-figure" Series A funding. Investors included Seventure Partners and Daniel Wild, CEO of Ecommerce Alliance and Tiburon.
1 min read · 27 November 2013
According to a post on its site, Box, a cloud storage provider, has acquired dLoop. No financial terms were disclosed. Also, dLoop co-founder Divya Jain will join Box to helm its advanced content analysis and data classification initiatives. dLoop is a provider of solutions for IT administrators to control access to content. Box is backed by Draper Fisher Jurvetson, US Venture Partners, Andreessen Horowitz, Scale Venture Partners, NEA, SAP Ventures, General Atlantic, Bessemer Venture Partners, SAP Ventures, Intel Capital, The Social+Capital Partnership and Meritech Capital Partners. To read more details about the acquisition, visit here.
1 min read · 27 November 2013
According to a post on its website, mobile developer Seesaw Decisions has been acquired by Byliner. No financial terms were disclosed. Byliner is a subscription-based service that offers readers short stories by top authors. Seesaw's investors include Freestyle Capital, Baseline Ventures, First Round Capital and Betaworks. To read Seesaw's announcement of its purchase by Byliner, click here.
1 min read · 26 November 2013
Bioxodes has raised $3.5 million in seed funding. Investors included the European Regional Development Fund and RETECH, Walloon Region's structural fund. Based in Belgium, Bioxodes is a developer of products derived from natural sources.
3 min read · 26 November 2013
DraftKings has raised $24 million in Series B funding. Redpoint Ventures led the round with participation from GGV Capital, Atlas Venture and BDS Ventures. Based in Boston, DraftKings is an online fantasy sports site.
3 min read · 26 November 2013
According to Fortune, iWatt has cancelled its IPO on the heels of its acquisition by Germany-based Dialog Semiconductor for approximately $350 million. iWatt is a provider of power management integrated circuits.Its backers include VantagePoint Venture Partners, Sigma Partners, Horizon Ventures and 7 Capital.
1 min read · 26 November 2013
Lock8 has received a "seven-figure" investment from Horizon Ventures and Otto Capital. Based in London and Berlin, Lock8 is a provider of bike-sharing solutions.
2 min read · 26 November 2013
Specialty finance lender Hercules Technology Growth Capital has agreed to provide a loan of up to $20 million to Celsion Corp. Based in Lawrenceville, NJ, Celsion is a biopharmaceutical company that develops drugs that treat cancer.
3 min read · 26 November 2013
Supersolid said Tuesday that it has secured an undisclosed amount of funding from Index Ventures and Initial Capital. According to the company, the capital infusion will be used to expand its London team, form new partnerships and expand distribution of its games around the world. Based in the UK, Supersolid is a mobile games studio.
3 min read · 26 November 2013
