Fundings and Exits

Poshmark, the app for fashion consignment, has raised another $87.5 million in funding led by Singapore-based Temasek. Menlo Ventures, GGV Capital, Mayfield and others also participated. Having raised $160 million to date, the startup is well-capitalized and plans to use the money to build out its stylist-matching technology. Poshmark is launching voice integration with Amazon’s
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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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WeLab, an financial tech startup that operates online lending platforms in Hong Kong and China, has raised $220 million in combined equity and debt financing. The round, which WeLab says is its Series B+, brings its total funding so far to $425 million. Investors include the Alibaba Hong Kong Entrepreneurs Fund, the World Bank’s International
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Yotpo, a platform that lets companies gather content from their customers in the form of reviews, Q&As, photos and videos, mainly for use in marketing, has closed $51 million in Series D funding. The round is led by Access Industries (ClalTech), with participation from existing backers Bessemer Venture Partners, Marker, Vintage Partners, Blumberg Capital, Rhodium,
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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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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 $7M from VTF Capital, SQN Venture Partners, Invest Nebraska and NE Angeles. This brings total funding to $15M, 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 understand exactly
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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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