Enterprise content management startup Alfresco Software announced $45 million new funding in growth capital to give a boost to its Go-to-Market (GTM) strategy mainly via adding new sales people and investing further in existing markets.
The Series D round is led by Sageview Capital, with participation by earlier investors Accel Partners, Mayfield Fund and SAP Ventures, The round, which is the biggest so far, increases the total to $65.4 million.Read More
Europe’s largest and proudest startup accelerator Startupbootcamp has launched a Barcelona-based program with a special focus on Internet of Things and smart data. The applications are now open to apply for the 3-month program led by Angel Garcia, Aldo de Jong and Marcos Cuevas.
The conditions are pretty much the same with Startupbootcamp’s other accelerator programs, with no restrictions on the nationality of the applicants as long as they are ready to move to Barcelona for a period of 3-4 months to develop their ideas into a promising business and prepare for the subsequent pitching events.Read More
Europe’s biggest and richest internet incubator Rocket Internet has announced a massive investment of €333 million from Philippine Long Distance Telephone Company (PLDT) in exchange of 10% stake in the company, putting the market value of the German giant roughly at €3.3 billion. The couple simultaneously announced a joint project that will focus on developing online and mobile payments systems and tech for emerging markets.
Under the agreement, Rocket will benefit PLDT’s money expertise and resources to grow its Asian revenue stream. The two will start by jointly developing mobile and online payment technologies and services to capture the “unbanked, uncarded and unconnected” population in emerging Asian markets.Read More
Streaming-TV platform Vidmind gets $30M from Russian retailer Trellas, plans international expansion
Israeli Vidmind, a white-label, OTT cloud-TV platform, announces that they have obtained $30 million in financing from Russian retailer Trellas and that they are partnering with them to launch TVzor, a streaming video service available through a set-top box.
TVzor looks to establish itself in the Russian market at first, but may move to expand globally after that. Trellas is reportedly committed to follow-on investment which will fuel Vidmind’s plans for international expansion.Read More
Felicis Ventures has closed a $96 million funding round, the third since its foundation in 2006 by ex-Google exec Aydın Şenkut. The stage-agnostic angel investor is among the early backers of today’s iconic comanies like Angry Birds-maker Rovio, e-commerce services platform Shopify and fitness-tracking device maker Fitbit.
The contributors of the new funding have not been disclosed but the WSJ says they include three limited partners.Read More
Crowdsourced network-map service OpenSignal has announced that they have raised $4 million in a Series A round led by Qualcomm Ventures, the investment arm of telco giant Qualcomm. Also participating in the round are San Francisco-based O’Reilly AlphaTech Ventures and London-based Passion Capital.
The service, which maintains offices in London and San Francisco, previously obtained $1.3 million in a seed round from this same group of investors back in September, 2012. CEO Brendan Gill writes that they plan to use the new funding primarily to expand their team.Read More
Scytle, a global provider of secure online voting and electronic election systems, announced today that a $104 million financing round is now closed with the release of the final tranche of $44 million invested by Vy Capital, Adams Street Partners and Industry Ventures.
Previous investors of the round that was initiated in last April include Microsoft co-founder Paul Allen’s Vulcan Capital with $40 million and SAP Ventures with $20 million. Balderton Capital, Nauta Capital and Spinnaker Invest are also significant shareholders.Read More
Startupbootcamp, Europe’s largest startup accelerator, launched its Istanbul program in January this year as a regional launchpad for startups in the Middle East and North African markets. Following 6 months of application collection, the first set of 9 startups have finally been announced today with the promise that at least half of the resources allocated for Istanbul Program will go to startups located outside of Turkey.
Ersin Pamuksuzer, the managing director of the mentor-driven program and renowned serial entrepreneur in Turkey, said that half of the the capacity of Startupbootcamp Istanbul will be used for Turkish startups whereas 30% and 20% will be allotted toMENA and Central Asian startups respectively.Read More
Russian venture fund Life.SREDA announces that they have invested an undisclosed amount in Ukrainian mobile-payment platform Settle, with plans to eventually back the Kiev-based service with $1.5 million in exchange for equity.
A few weeks ago, we looked at loyalty program Advice Wallet, a Ukrainian-created startup that rewards users with discounts for repeat business. Now, two of that company’s co-founders, Stas Matvienko and Anna Polischuk, prepare to enter the mobile-payment business.Read More
Danish-born CrowdCurity announces that they have raised $1 million in a seed round from Tim Draper, Kima Ventures, and several private backers Gerhard Eschelbeck and Dr. Fengmin Gong. The startup intends to use the funds to expand its crowdsourced security marketplace of responsible disclosure and bug bounty programs.Read More