Last week’s news cycle saw some especially big dollar figures as Uber swallowed billions more and Snapchat’s reported valuation soared. Here’s the full venture capital rundown from recent days:
Capital Gains: Uber Raises $2.8 Billion, Snapchat’s Valuation Nears $20 Billion
Meanwhile, Homebrew Ventures raised $50 million for its second fund.
Vjeran Pavic
- Uber, the transportation technology service, confirmed it brought on additional investors to its previously disclosed December funding round. The company’s Series E now totals $2.8 billion and reportedly places the company’s valuation at around $40 billion.
- Bessemer Venture Partners disclosed that it raised $1.6 billion for its latest fund (its ninth overall), which it plans to use to invest in consumer and enterprise technology (Reuters).
- The social media service Snapchat is looking to raise $500 million as part of a funding round that would value the company at $19 billion. Snapchat’s last funding round in late 2014 put the company’s valuation at more than $10 billion (Bloomberg).
- The online fashion retailer Gilt Groupe raised $50 million in a funding round led by existing investor General Atlantic. The investment comes in as Gilt prepares for an initial public offering that it had originally planned for 2014.
- Homebrew Ventures raised $50 million for its second fund, Homebrew II, with an additional $35 million for a separate “Moonshine Fund.” Homebrew Ventures was launched in 2013 (TechCrunch).
- Livefyre, a social media marketing company, announced a $47 million investment from a group of investors including Adobe, Greycroft Partners, Salesforce Ventures and others. The total included $32 million from a new Series D investment as well as $15 million from previously undisclosed funding last year.
- The educational technology firm Instructure unveiled a $40 million Series E cash injection ahead of a planned IPO. That brings the company’s total funding to $90 million (BuzzFeed News).
- Tealium, a San Diego-based data software company, raised $30.7 million in a funding round led by Georgian Partners, with participation from Bain Capital Ventures, Battery Ventures and others (San Diego Union-Tribune).
- The cyber security startup Synack announced a $25 million Series B funding round led by GGV Capital and Icon Ventures. On top of the company’s $9 million Series A round in 2014, the company has raised $34 million in total funding to date (Forbes).
- The enterprise data technology firm 6sense raised another $20 million as part of its now $36 million Series B funding round. Bain Capital Ventures led the round with participation from Battery Ventures and Venrock (VentureBeat).
- John Battelle, a media executive behind publications like Wired and the Industry Standard, announced that his latest media company, NewCo, raised $1.75 million in seed funding (GigaOm).
- The data analytics technology firm APImetrics closed a $500,000 round led by Bain Capital Ventures, the first funding from Bain’s new seed investment program (Yahoo Finance).
This article originally appeared on Recode.net.
