Part-way through Alibaba Group Holding Ltd's long-awaited IPO prospectus was a subtle, but striking, warning: investors should know that lead founder and executive chairman Jack Ma might work against the company's best interests.
Deals
Ventures compete for investors at Florida Early Stage Conference
The Florida Venture Forum will host its seventh annual Early Stage Conference May 15 together with the 4th Annual Statewide Collegiate Business Plan Competition in Florida attended by 20 choice ventures positioned for equity financing.
UPDATE 1-Dymon gets $500 mln from Temasek to seed hedge funds
Singapore-based asset manager Dymon Asia Capital has received a commitment worth $500 million from Temasek Holdings to start a hedge fund seeding venture at a time the Asian industry is starting to recover after six years of sluggish growth.
Edison Ventures hounds banking software company in acquisition for $44.5 million
Edison Ventures announces the acquisition of Andera Inc. for 44.5 million by Bottomline Technologies today. Charlie Kroll, Founder and CEO at Andera Inc. comments:
Shakr Media raises $2.3 mln boost to revolutionize online video advertising
Shakr Media hooks $2.3 million in a Series A round to expand tech platform. Their sole investor is POSCO Venture Capital, who assisted with receiving funds from the South Korean government.
Latest News
European-based Planday raises $3.75 million in seed funding through sole investor Creandum. Christian Brondum, CEO of Planday, describes the new partnership:
Alibaba Group Holding Ltd may be making its debut on Wall Street later this summer, but it's certainly no stranger to the investors of Silicon Valley.
Palo Alto, California-based single-page promotional website design platform raised $1.7 million in a seed funding round ledyby Founder's Co-op to expand its market reach, improve its products, and enable mobile content creation.
Paris-l’hospital, France-based car rental startup Drivy secured $8.3 million (€6 million) in a new funding round with Index Ventures and Alven Capital as lead investors to fuel its expansion in Europe.
San Francisco, California-based website testing and optimization platform Optimizely raised $57 million in a Series B funding round led by Andreessen Horowitz to hire as many as 250 additional staff within this year.
Irvine, US-based fitness trainer app PEAR Sports took home $5 million in its Series B funding led by previous backers Innovate Partners and Nordic Ventures to ramp up its marketing efforts and third-party sales.
Venice, California-based online vitamin seller SmartyPants Vitamins bagged $2.2 million in a new capital raising via San Francisco-based equity crowdfunding platform CircleUp to develop new products and expand its workforce.
Atlanta, Georgia-based e-commerce lending firm Kabbage Inc landed $50 million in its Series D financing led by SoftBank Capital to provide $500 million worth of loans for small online businesses by the end of 2014.
San Francisco, US-based peer-to-peer lending marketplace pioneer Prosper raised $70 million in a funding round led by private equity firm Francisco Partners to build its business and fuel its growth.
