VC News Network
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Canva Raises $15 Million in Funds, Leaving Last Round Funds Untouched
While raising capital can be a challenge for some, Canva, the Australian based graphic design startup seems to have elevated fund raising to an art form with its latest round of funding at $15 Million…
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Sapphire Ventures Secures $1 Billion to Invest
Palo Alto based Sapphire Ventures, owned by SAP, secures $1 Billion to invest in a new $700 Million growth fund and a $300 Million tech fund. Following on the heels of a large group of…
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Former Google GV CEO, Bill Maris, in Talks to Raise $500 Million
Bill Maris, who founded GV (Google Ventures) in 2009, recently stepped down to allegedly spend more time with his wife and son as well as consider new ideas. A recent report states that Maris is…
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PayU (Naspers) Announces Purchase of Citrus Pay
PayU, Naspers’ payment service provider, whose headquarters is in the Netherlands, announces the acquisition of Citrus Pay, the Indian payment gateway. Closing at $130 million (U.S.), it is one of the largest Merger and Acquisitions…
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Razer Puts $30m Up For Grabs In IoT, Gaming and VR Developers With Launch of New zVentures
Razer is a company that has been making gaming peripherals and hardware for almost twenty years now. Razer recently caused considerable excitement by entering the software market, and this looks as if it could be…
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Sourcery Will Make The Magic Happen With 5 Million For Restaurant-Vendor Interfacing
The awesomely named (and likely Pratchett-inspired) start-up Sourcery Technologies Inc. is looking to change the way restaurants handle their relationship with vendors, and vice versa, by creating a portal interface solution for both sides. They…
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App Annie’s latest prediction: Worldwide App Downloads Reach 280 billion by the year 2020
The day is nearly upon you – a tweet orders your favorite pizza, your Apple Watch places your Buy Stock transaction, you automatically add the song playing in your favorite restaurant to your Spotify playlist.…
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Snapchat Advertising Revenues Poised to Reach $1 Billion by 2017
Enormous growth is forecasted by the industry including a prediction that Snapchat advertising revenues will reach $1 Billion by 2017 increasing from this year’s estimate of $366 million. Snapchat has proved successful in it capability…
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Yi-Technology, China’s GoPro Solution, Raises $90 Million in Funding
Yi-Technology, China’s GoPro Solution, featuring the Yi 4K with 4K HD recording capabilities, has raised $90 million (U.S.) funding. Among the investors is Xiaomi, who also participated in the Yi-Technology’s first round of funding. Yi…
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Naoki Yamada, Founder And CEO Of Tokyo-based Conyac Exits With US$14 Million
Conyac has been acquired by Rosetta for US$14 Million.
