Category: Fundings and Exits

India’s TaskBob Lands $4.5M For A Qualitative Approach To Home Services

TaskBob is the latest home services startup in India to land a Series A round. The Mumbai-based company has closed a $4.5 million raise that was led by IvyCap Ventures with participation from existing investors Orios and Mayfield. With smartphone ownership rising rapidly in India, bringing more of the country’s billion-plus population online in turn, home services have emerged…

BuzzMyVideos, The Video Content Network, Acqui-Hires MakeTag To Bolster Tech

BuzzMyVideos, the London-based startup that specialises in international online video content promotion, has acqui-hired Italy’s MakeTag to bolster its tech. The latter offered up technology to create interactive videos, specifically the ability to add tags and other meta-data and distribute content more effectively to various social networks. Terms of the deal remain undisclosed, but BuzzMyVideos…

Razer Raises At A $1.5B Valuation, With $75M From China’s Digital Grid For Immersive Gaming

Razer, the gaming technology company based out of Southern California, has raised another round of funding, a Series C that values it at $1.5 billion, TechCrunch has learned. The backing comes in part from China, specifically the Digital Grid subsidiary of IT company Hangzhou Liaison Interactive. Yesterday, Hangzhou published a statement (a link first published by Reuters) confirming the 5.01%,…

Mark Suster On Falling Valuations And LA’s Tech Scene

Mark Suster On LA Tech And The Pending Bubble TechCrunch sat down with Mark Suster, managing partner at Upfront Ventures. One of the most active investors in Los Angeles, Suster spoke of how local startups are able to draw upon the city’s creative talent to bring content, commerce and communication platforms to the next level. He also commented…

Motosumo Turns Your Smartphone Into A Sports Tracker Without Need For Additional Gadgets

Copenhagen-based Motosumo has spent the last three years developing “gait analysis” systems based on body mounted sensors coupled with its own algorithm to model motion physics. It’s then been applying this tech to professional sports, physiotherapy, and athletics. However, the startup now wants to bring its wares to the consumer market with fitness and sports…

Nokia Growth Partners Announces $350M Fund Focused On IoT

What do you finance if you’re in the network business and need to encourage your customers to upgrade faster to the next generation of cellular tech (aka 5G)? Why the Internet of Things of course… Nokia’s venture capital arm, Nokia Growth Partners, has just announced a new $350 million fund focused specifically on IoT — and sponsored exclusively by Nokia. Announcing the fund…