Fundings and Exits

Investors are suing Outcome Health, a startup selling ad space on screens in doctors’ offices, for alleged fraud and breach of contract eight months after pouring $500 million into the company. First reported in The Wall Street Journal, investors Goldman Sachs, which invested $100 million into the company, Alphabet’s investment arm CapitalG, Norwest Venture Partners and Laurene
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Travel metasearch giant Skyscanner has acquired Twizoo, a small London-based startup which makes a platform for brands to automate injecting relevant social content across their digital footprint. Terms of the acquisition have not been disclosed. According to CrunchBase Twizoo was founded in May 2013 by CEO Madeline Parra and CTO John Talbott, and has raised ~£1.65M in
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As it looks to expand the global footprint of its internet-enabled digital advertising and informational kiosks, New York-based Intersection has raised $150 million in a new round of financing. The company has installed hundreds of its obelisk-like Link devices in both London and New York, where it has supplanted the the telephone booths and payphone stands that
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One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million. Founded in 2014, the Singapore-based startup helps users shop ‘smarter’ using a selection of curated deals and cash back offers through partner merchants across six countries in Southeast Asia
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Computer vision and clever imaging technology remain hot areas in consumer and enterprise apps, and today Microsoft is picking up a startup called Swng Technologies to give it some IP and talent in this department. Swng Technologies had developed a cinemagraph app called Swng (originally called Polaroid Swing) that lets you take impressionistic, GIF-like short videos that
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Bootstrapping Barcelona-based visual commerce startup Photoslurp has taken its first external funding: Announcing €750,000 (~$870k) in pre-Series A financing, led by Spanish VC Inveready Technology Investment Group, with participation from Bankinter VC, Caixa Capital Risc and ICF. The team’s SaaS platform is designed for brands to build influence by leveraging user generated content (UGC) in their marketing
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Ink, a Nebraska-based startup focused on revamping on-campus printing, has raised $7 million from VTF Capital, SQN Venture Partners, Invest Nebraska and NE Angeles. This brings total funding to $15 million, with previous participation from advisors Tony Hsieh of Zappos and Greg Silverman of Warner Brothers. If you’re a college student or recent graduate, you already
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Tech IPOs have been picking up lately and one lesser-known semiconductor company, Aquantia, made its debut on the New York Stock Exchange today. The company raised $61 million in its offering, after pricing shares at $9.00. It closed the day of trading at $9.51. The San Jose, California-based company describes itself as “a leader in
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Black Duck Software, a 15-year-old company whose products automate the process of securing and managing open-source software — including detecting license compliance issues — is being acquired by Synopsys, the publicly traded maker of semiconductor-design software. Under the terms of the definitive agreement, 31-year-old Synopsys will pay approximately $565 million, or $548 million net of cash acquired, meaning the
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Glint, a startup that helps companies improve their employee retention rates, announced today that it has raised $20 million in Series D funding. The round, which includes participation from returning investors Bessemer Venture Partners, Meritech Capital Partners, Norwest Venture Partners and Shasta Ventures, brings Glint’s total funding so far to $80 million. Founded in 2013,
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HelloFresh, the Berlin-based cooking kit delivery company, priced its IPO at the middle of its expected range at €10.25, or roughly $11.91. This means that the company could raise up to €318 million in the offering, or $369 million, assuming underwriters exercise what’s called a greenshoe option. It would value the company at nearly $2 billion, or €1.7 billion, which is below the last private
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Michigan-based Altair Engineering is off to the races in its public debut. After pricing shares at $13, the enterprise software company raised $156 million. Then Altair saw its shares soar more than 40 percent to close at $18.31 during the first day of trading. The company, which has been around since 1985, has built “software focused
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There are venture-backed shoes, razors, and glasses. So why not, toothbrushes? Quip has raised a $10 million round for its dental care business. Sherpa Capital, Blue Scorpion VC and Demi Lovato are amongst the investors who participated. The New York-based startup is “a lot more than just an electric toothbrush,” said Simon Enever, founder and
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Cardlytics has been on file for IPO, multiple sources tell TechCrunch. The Atlanta-based marketing analytics business filed its confidential S-1 last year and has been trying to determine the best time to go public. One source with knowledge of the business says that part of the delay is related to potential partnerships that would put
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