London, UK-based venture capital firm Amadeus Capital picked up an undisclosed stake in Sao Paulo, Brazil-based online insurance broker Bidu.com for $4.5 million to take advantage of the growth in emerging markets.
Investors
Doximity gets $54 million Series C funding from T. Rowe Price and VC firm DFJ
Doximity has received $54 million Series C funding from DFJ and T. Rowe Price which could be the last investment round for the startup before it launches its initial public offering.
Tidemark upgrades products, receives $32 million funding
Tidemark, a financial forecasting app announced today that it has upgraded its products along with an investment round valued $32 million from investors including Silicon Valley Bank, Redpoint Ventures, Tenaya Capital, Greylock Partners and Andreesen Horowitz.
SOLS receives Series A funding round of $6.4 million
SOLS, a 3D printing firm delivering customized insoles through its app, has taken in $6.4 million Series A funding from investors led by Lux Capital and joined by Rothenberg Ventures, Grape Arbor VC, FundersGuild, RRE and Felicis Ventures.
Undo Software receives $1.25 funding round
Undo Software has received a third round of investment worth $1.25 million led by the co-founder of Skype Jaan Tallinn and existing investors in the company including the Cambridge Angels.
Latest News
Suresnes, France-based therapeutic companion software provider Voluntis landed $29 million (€20.75 million) in its Series D financing round led by Bpifrance Large Venture and Vesalius Biocapital to develop its diabetes management program and expand its US operations.
San Francisco, US-based food delivery startup Caviar bagged a total of $15 million in its seed and Series A funding led by Winklevoss Capital and Tiger Global to expand into new cities.
San Francisco, US-based payday loan firm LendUp raised $50 million in debt funding from Victory Park Capital to provide small short-term loans for American consumers who have poor or no credit and expand to other states.
Comcast confirmed that it had plans to divest 3.9 million subscribers if the merger deal with Time Warner Cable would push through as it still awaiting regulatory approval.
Bloomberg Philanthropies invested $5 million in solar powered Little Sun to give those populations in the African region less expensive, clean light from the kerosene lamps they have been using.
Bridal marketplace Lover.ly has received $2.5 million Series B investment round which would soon be held officially closed after it has taken a few more investment, said sources.
OurCrowd has received $25 million Series B funding from investors identified as former Investec Bank Australia executive Geoff Levy and Mistral Equity Partners' Andy Heyer.
Alibaba and Jack Ma's co-founded company, Yunfeng Capital, said that they would acquire a stake in China's YouTube equivalent Youku Tuduo in a deal valued $1.22 bln prior its highly anticipated public debut.
Mobile startup firm URX received $12 million investment from financiers led by Accel Partners and was also participated by SV Angel, Google Ventures and First Round Capital while Rich Wong joined the company's board.
