SAP SE acquired the Raombi suite of analytic solutions from San Diego-based MeLLmo Inc, a provider of mobile business intelligence. Financial terms were not disclosed. In 2011, MeLLmo raised $30 million in an investment round led by Sequoia Capital, according to a press release at time.
5 min read · 17 February 2016
Palantir acquired venture capital-backed Kimono Labs, a web-scraping service. Kimono announced the news in a blog post on its website. Financial terms of the transaction were not disclosed. Kimono’s backers include Cowboy Ventures, Founders Fund, Winklevoss Capital, Y Combinator and others.
1 min read · 17 February 2016
Vancouver, Canada-based Mobify, a mobile shopping platform, raised $10 million in a funding round led by Munich-based Acton Capital Partners. The company also announced that Hannes Blum of Acton Capital and Mark Organ, founder and chief executive officer of Influitive, joined the board of directors.
4 min read · 17 February 2016
Yello Mobile, a Korean mobile internet company, received a $30 million investment from SBI Holdings. Yello previously announced a $43 million financing round in December, valuing the company at around $4 billion. SBI's investment represents a second close of this funding round, bringing the total amount raised to $73 million.
4 min read · 17 February 2016
AQ Metrics, a risk management and compliance software provider based in Dublin, Ireland, secured $3.25 million in funding. Investors include Frontline Ventures, Bluff Point Associates and Enterprise Ireland.
3 min read · 16 February 2016
Marketing technology platform Qualia Media secured $5.5 million in Series B funding. The round was co-led by S3 Ventures and existing investor Verizon Ventures.
4 min read · 16 February 2016
Giphy, an online repository of animated GIFs, closed a $55 million Series C funding round at a post-money valuation of $300 million. Lightspeed Venture Partners led the round with participation from General Catalyst Partners, RRE, Betaworks, Lerer Hippeau Ventures, CAA and other existing investors. Giphy announced the news in a statement on its website.
1 min read · 16 February 2016
Hong Kong-based Grana, an online clothing retailer, secured an additional $3.5 million in seed funding, bringing total funding to date to $6 million. Golden Gate Ventures led the investment with participation from MindWorks Ventures and Bluebell Group.
3 min read · 16 February 2016
London-based Movebubble, an app for property renters offering real-time help and insight from other renters, raised 1.1 million pounds ($1.57 million) in additional funding, bringing total investment to 2.36 million pounds ($3.37 million). Backers include Adam Williams, Spotify managing director, Richard Leigh, London and Capital managing director, and British entrepreneur Robert Stiff.
2 min read · 16 February 2016
Columbia Capital closed its latest venture capital fund, Columbia Capital Equity Partners VI, at its $500 million hard cap, exceeding its $425 million target. Columbia targets investments between $15 million to $40 million in internet infrastructure, mobility, enterprise cloud, cyber security and media.
1 min read · 16 February 2016