Coatue Management related stories
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China state fund CIC invests in taxi app Didi Kuaidi, says source: ReutersChina's sovereign wealth fund has invested an unspecified amount in Didi Kuaidi, China's dominant ride-hailing app which is competing against U.S. firm Uber Technologies, a source told Reuters.
Hedge funds continue to pour money into venture--VCJ data spotlightMega deals play big role again this year as they did last year for mutual funds and hedge funds investing in VC-backed companies.
Hedge funds continue to pour money into ventureMega deals play big role again this year
Carl Icahn invests $100 mln in ride-sharing service Lyft: ReutersRide-sharing company Lyft Inc said it raised $150 mln, led by a $100 mln investment from activist investor Carl Icahn's Icahn Enterprises LP.
- Rakuten invests $300 mln in Lyft
Rakuten Inc. said Thursday it has agreed to buy an 11.9 percent stake in Lyft. Rakuten said it is investing $300 million as lead investor of Lyft’s $530 million series E investment round. Other investors of the E round were not disclosed. San Francisco-based Lyft, a car-sharing app, has received backing from Andreessen Horowitz, Mayfield, Founders Fund, Coatue Management, Third Point Management and Alibaba.
- Mapping platform Citymaps picks up $6 mln
New York City-based mapping platform Citymaps has received $6 million in funding. The investors included Nokia Growth Partners, Coatue Management and Acadia Woods LLC. Also, Citymaps has appointed Paul Asel, managing partner at Nokia Growth Partners, to its board of directors.
- E-commerce site Jet raises $140 mln
Stealth e-commerce startup Jet announced it has raise $140 million in new funding led by Bain Capital Ventures. Also participating in the round are Accel Partners, Coatue Management, General Catalyst Partners, Goldman Sachs, Google Ventures, MentorTech Ventures, New Enterprise Associates, Norwest Venture Partners, Silicon Valley Bank, Temasek, Thrive Capital and others.
- Box IPO values data storage provider at $1.67 billion -- Reuters
Box Inc's shares have been priced at $14, an underwriter said, valuing the online data storage provider at about $1.67 billion in one of the most hotly anticipated technology IPOs in recent months, Reuters News reported.