| • Mobike, a Shanghai-based on-demand bike rental company, raised $600 million in Series E funding, according to TechCrunch. Tencent led the round, and was joined by Sequoia, TPG, and Hillhouse Capital, BOCOM International, ICBC International, and Farallon Capital.
• Slack, a San Francisco-based team communication platform, is raising $500 million in funding at a $5 billion post-money valuation, according to a report in Recode. Read more.
• Scopely, a Los Angeles developer of mobile games, raised $60 million in a Series C funding. Revolution Growth led the round, and was joined by Greenspring Associates, Sands Capital Ventures, Cross Creek Advisors, and Pritzker Group Venture Capital.
• Conviva, a Foster City, Calif. Intelligence control platform, raised $40 million in funding at a roughly $300 million valuation, according to TechCrunch. Investors include Australia’s sovereign wealth fund Future Fund, NEA, Foundation Capital, and Time Warner Investments. Read more.
• Entelo, a San Francisco cloud-based software company, raised $20 million in Series C funding. U.S. Venture Partners led the round, and was joined by Battery Ventures, Shasta Ventures, and Correlation Ventures.
• Ridibooks, a Seoul e-book store, raised a $20 million in Series C funding, according to TechCrunch. Investors include Praxis Capital Partners, ShinHan Finance Investment, and Company K Partners. Read more.
• Dispatch, a Boston enterprise technology company, raised $12 million in Series A funding. Grandbanks Capital and ServiceMaster led the round, with participation from Assurant, Liberty Mutual Strategic Ventures, Promus Ventures, Recruit Strategic Partners, Salesforce Ventures, Huff Capital, and Ray Lane.
• Atrium LTS, a legal services startup founded by Justin Kan, raised $10.5 million in funding, according to TechCrunch. Read more.
• Common Networks, a San Francisco wireless internet service provider, raised $7 million in Series A funding from Eclipse Ventures and Lux Capital.
• Goodera, a Bengaluru, India-based company that connects businesses with nonprofits, raised $5.5 million in Series A funding. Investors include Nexus Venture Partners and Omidyar Network.
• Covr Financial Technologies, a Boise, Idaho digital personal insurance platform, raised $5 million in funding from Nyca Partners, Commerce Ventures, Connectivity Capital Partners, and Contour Venture Partners.
• ZineOne, a Milpitas, Calif. operator of an event driven interactions platform, raised $2.5 million in funding. Golden Seeds Angels and Hyderabad Angels led the round.
• Voiceitt, an Israeli developer of apps for people with speech impairments, raised $2 million in funding. Investors include Cahn Capital, Amit Technion, Israel’s Institute of Technology, Quake Capital Partners, Dreamit Ventures, and Buffalo Angels.
• Codota, an Israeli provider of workflow services for developers, raised $2 million in seed funding from Khosla Ventures, according to TechCrunch. Read more. |
