Fundings and Exits

Atlanta-based Cardlytics made its public debut on Friday, closing the day at $13.37, just a little above the IPO price of $13. The company sold 5.4 million shares, raising $70 million. Cardlytics works with financial institutions like Bank of America and 2,000 others to run cash back programs. It partners with brands across restaurant, retail,
0 Comments
The largest tech acquisition offer in history wasn’t enough. Qualcomm’s board of directors issued a statement on Thursday saying that they are turning down Broadcom’s $121 billion bid to buy the competing chipmaker. According to the release, Qualcomm “unanimously rejected” an “unsolicited proposal” to buy all of its shares at $82 each, of which $60
0 Comments
Highfive, a startup that’s building an integrated software and hardware video conferencing solution, today announced that it has raised a $32 million Series C round, which brings the Redwood City-based company’s total funding to $77.4 million. The lead investor for this round was Dimension Data, a major global technology integrator and managed services subsidiary of
0 Comments
Roc Nation, the full-service entertainment management company created by the music impresario Shawn Carter (better known as JAY-Z), is making an investment in financial trading platform Robinhood. The investment, through Roc Nation’s Arrive subsidiary, is the latest instance of a celebrity rapper plowing cash into Robinhood’s free-to-trade investment platform. The company also counts Snoop Dogg and
0 Comments
More consolidation is afoot in the busy world of backend developer tools. Today, CloudBees — the company closely associated with support and services for the open source Jenkins continuous integration and delivery engine — has announced that it will acquire CodeShip, another startup in the dev-ops space focusing on continuous integration and delivery. Terms of
0 Comments
Tamatem, a startup backed by 500 Startups that creates localised versions of popular games so that they resonate better with users in Arabic speaking countries, has picked up $2.5 million in Series A funding. The round is led by Wamda Capital, with participation from Discovery Nusantara Capital, Raed Ventures, Vision Venture Capital, and Seed Equity
0 Comments
Life sciences startups in Asia are getting another boost with the $10 million investment in Engine Biosciences — a biotech company that’s applying machine learning to genomics for drug discovery. With its headquarters in both Singapore and San Francisco, the company has managed to attract some impressive investors from both the U.S. and Asia. The
0 Comments
Asana, the productivity and collaboration service, is getting a major infusion of cash after Generation Investment Management, a London-based firm backed by former U.S. Vice President Al Gore, led a $75 million investment. Investment Management was joined in this Series D round by existing backers 8VC, Founders Fund, Y Combinator President Sam Altman who also participated
0 Comments
As the founder of the Google Brain deep learning project and co-founder of Coursera, Andrew Ng was one of the most recognizable names in the machine learning community when he became Baidu’s chief scientist in 2014. He left there in early 2017 and quickly launched a number of new AI projects, including the Deeplearning.ai course and Landing.ai,
0 Comments
Boeing’s HorizonX is the aerospace company’s vehicle for making investments in promising next-generation startups and technology, and it just placed its latest bet: funding in Cuberg, a Berkeley-based battery tech startup that has a founding team including Stanford University researchers. Battery tech is still one of the most frustrating roadblocks any company encounters when trying
0 Comments