Following rumors over the weekend, chipmaker Broadcom has today confirmed it has approached wireless chipmaker Qualcomm with an acquisition offer that values the company at $130BN (including $25BN of net debt). Read More
Category: Fundings & Exits
ChartMogul grabs $2.2 million to build the financial dashboard of your subscription business
What do you do when you want to create a software-as-a-service startup but it feels like everything has been built already? You build a product that helps existing SaaS startups. That’s what ChartMogul is currently doing with its subscription analytics platform.
The company just raised $2.2 million from Alven Capital, with existing investors Point Nine Capital and angel investors also… Read More
Kaodim raises $7M for its home services platform in Southeast Asia
There’s more funding for Southeast Asia’s growing local services space after Kaodim, a Malaysia-based startup that operates in four countries in the region, raised $7 million.
Founded three years ago, Kaodim is a service for booking for hiring a range of services that include cleaning, moving, gas delivery, appliance care, and even photography.
The round was led by Square Peg… Read More
Aquantia up 6% following semiconductor IPO
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 the design, development and marketing of advanced… Read More
Niantic acqui-hires Evertoon to add a social network to Pokémon Go and other apps
Niantic, the company behind the hit mobile game Pokémon Go and its predecessor, Ingress, announced today it has acquired the team from the startup Evertoon to help it further build out its mobile products. Deal terms were not disclosed, but from how it’s described, the move seems to be more of an acqui-hire focused on gaining access to talent, rather than Evertoon’s IP. Launched… Read More
Hevo Data gets $1M in seed funding to streamline data integration
Going from food delivery to data integration might seem like an unlikely progression for a startup team, but it was a natural fit for Hevo Data’s founders. Manish Jethani and Sourabh Agarwal previously launched SpoonJoy, an on-demand restaurant delivery app in India. The challenges they encountered while analyzing data in order to improve SpoonJoy’s service inspired them to create… Read More
Fifteen-year-old Black Duck Software gets its exit, selling to Synopsys for $565 million
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. Read More
Vetted buys VetPronto in yet more on-demand consolidation
Consolidation continues to dog the world of on-demand startups — literally and figuratively. In the latest development, Vetted, a startup focused on veterinary services is acquiring VetPronto, an almost identical peer. A few months ago we covered the launch of Vetted, an on-demand veterinary startup that raised $3.3M from investors like Amplify LA, Sterling.VC and Foundation Capital. At… Read More
VMware acquires VeloCloud as it moves deeper into networking
VMware announced today that it was acquiring VeloCloud, a startup that focuses on cloud-based wide area networks (WAN), those networks that span a broad area across data centers or regions. The companies did not reveal the purchase price. The new…
View More VMware acquires VeloCloud as it moves deeper into networkingVMware acquires VeloCloud as it moves deeper into networking
VMware announced today that it was acquiring VeloCloud, a startup that focuses on cloud-based wide area networks (WAN), those networks that span a broad area across data centers or regions. The companies did not reveal the purchase price. The new…
View More VMware acquires VeloCloud as it moves deeper into networkingBattery Ventures leads $75M Series D in travel activities platform GetYourGuide
Right after Berlin-based travel activities booking platform GetYourGuide announced its $50 million Series C, one of Europe’s biggest tourist draws, the city of Paris, was rocked by a series of terrorist attacks. The awful events in Paris were clearly not good news for a tourism-dependent business. Read More
Arbe Robotics raises $9M to build high-resolution radars for autonomous cars
As carmakers and tech companies continue to improve the mechanics and reliability of self-driving cars, Arbe Robotics, a Tel Aviv startup developing a high-resolution radar system to help those vehicles detect and identify objects, has raised $9 …
View More Arbe Robotics raises $9M to build high-resolution radars for autonomous cars