Private Equity
Silicon Valley-based Stampli, an invoice management platform for mid-sized and large businesses, has raised $6.7 million in Series A financing. SignalFire led the round with participation from Bloomberg Beta, Hillsven Capital and UpWest Labs.
1 min read · 03 August 2018
Human resources startup Namely has raised $60 million in funding, according to a blog post on its site. GGV Capital led the round. Also the firm has named Elisa Steele as CEO. Previously, she was president and CEO of Jive Software.
1 min read · 03 August 2018
China-based Impact Therapeutics Inc, a developer of medicine that treats cancer and other life-threatening diseases, has closed $30 million in Series C financing. Decheng Capital led the round with participation from return backer Lilly Asian Ventures.
1 min read · 03 August 2018
Peloton said Aug. 3 that it raised $550 million in a Series F financing round led by TCV. Nearly all of Peloton's existing institutional investors, including Tiger Global, True Ventures, Wellington Management, Fidelity (FMRCo), NBCUniversal, Kleiner Perkins and Balyasny participated in this round. New investors include Felix Capital, Winslow Capital and other mutual fund partners. J.P. Morgan served as the sole placement agent to Peloton on the transaction. Peloton, of New York, provides high end cycling equipment for the home.
4 min read · 03 August 2018
TCV has invested $150 million in Peloton as part of the company's $550 million funding round, the Financial Times reported Aug. 3. Tiger Global Management is expected to join the round for Peloton, which provided high-end cycling equipment for the home, the story said. The round values Peloton at $4.15 billion, the FT said.
1 min read · 03 August 2018
Victoria, British Columbia-based cybersecurity company HYAS has secured $6.2 million in Series A funding. M12, Microsoft's venture fund led the round with participation from other investors that included Startup Capital Ventures and 205 Capital.
2 min read · 02 August 2018
Shedul.com, a booking platform for salons and spas, has raised $5 million in funding. Target Global led the round with participation from other investors that included FJ Labs.
4 min read · 02 August 2018
Siemens is acquiring Boston software firm Mendix for $730 million in cash, according to a blog post on the former company's website. Mendix's backers include Battery Ventures and Prime Ventures.
1 min read · 02 August 2018
China’s Xpeng Motors raised 4 billion yuan ($587 million) in its latest fundraising round, valuing the electric car startup at nearly 25 billion yuan, it said on Thursday.
1 min read · 02 August 2018
Singapore-based Grab, a ride-hailing platform, has raised $2 billion in financing. The investors included Toyota, OppenheimerFunds, Ping An Capital, Cinda Sino-Rock Investment Management Company, Vulcan Capital, Lightspeed Venture Partners and Macquarie Capital.
1 min read · 02 August 2018