Finalcad, a mobile platform that enables the construction industry to digitize much of its processes, has closed $40 million in Series C funding. The round was led by publicly listed London venture capital firm Draper Esprit, and Cathay Innovation, with the support of Salesforce Ventures. Existing existing French...
Berlin-based Spark Networks, the owner of niche dating app brands like Christian Mingle, Jdate, LDSsingles, Silver Singles, JSwipe and others, today announced it has acquired Match.com competitor Zoosk for a combination of cash and stock. The deal values Zoosk at approximately $258 million. Spark says it will issue...
A San Francisco-based startup just raised $15 million to solve the complicated problem of transit infrastructure in urban environments. Remix was founded by Tiffany Chu, Dan Getelman, Danny Whalen, and Sam Hashemi in 2014 following a project they built during their Code For America fellowships. The $15 million Series...
Most of the buzz about esports focuses on high-profile professional teams and audiences watching live streams of those professionals. What gets ignored is the entire base of amateurs wanting to compete in esports below the professional tier. This is like talking about the NBA and the value of its...
Uber said Thursday it has acquired Routematch, an Atlanta-based company that provides software to transit agencies as the ride-hailing company looks to offer more SaaS-related services to cities. Uber did not share terms of the deal. However, it doesn’t appear to be a minor “acquihire,” in which a...
The stakes keep getting higher for American discount brokerage Robinhood, which today disclosed that it has added hundreds of millions of dollars to its previously disclosed funding round. Including the $280 million that the company had already announced, Robinhood said that it was “pleased to share” that it “raised...
Jitta, a Bangkok-based fintech startup, has announced a $6.5 million Series A round as it prepares to launch an investment fund for consumers in what would be a first for the Thai market. The deal is one of the largest Series A in Thailand for some time and...
Logz.io announced a $52 million Series D investment today. The round was led by General Catalyst. Other investors participating in the round included OpenView Ventures, 83North, Giza Venture Capital, Vintage Investment Partners, Greenspring Associates and Next47. Today’s investment brings the total raised to nearly $100 million, according to Crunchbase...
OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System (OMERS), has put together a new, $750 million fund to invest in both Europe and North America. The capital vehicle is larger than the group’s preceding European and North American funds combined. In 2019 OMERS Ventures...
More evidence has emerged that the e-scooter sharing market faces a bumpy ride, as news circulates that authorities in Madrid have revoked licenses for all three operators in the city. Lime, Wind and Voi, are being given a maximum of 72 hours to remove scooters from the city’s...