Category: Fundings and Exits

Last-Mile Logistics Startup LetsTransport Gets $1.3M To Expand Throughout India

India’s e-commerce market is the fastest growing in Asia and expected to hit $6 billion this year. The country’s underdeveloped logistics networks needs to improve quickly, however, in order to support the volume of orders. Bengaluru-based Letstransport, one of several startups that specializes in ensuring smooth last-mile logistics, or deliveries just before they get to their…

Panorama Raises $12 Million To Help Schools Understand Their Students

Panorama Education, a startup that surveys students, parents and teachers to collect actionable data, has raised $12 million in new funding to help school districts make better decisions. Spark Capital and Owl Ventures led the Series A round. Panorama’s seed investors include Y Combinator, Google Ventures, and Mark Zuckerberg and Priscilla Chan’s Startup:Education. Panorama was started in 2013…

Instacart Makes Its First Acquisition With “Acqui-hire” Of App Maker Wedding Party

On-demand grocery delivery service Instacart has made its first acquisition since raising hundreds of millions in venture funding for its growing business. The company is “acqui-hiring” the team from NEA-backed Wedding Party, a mobile application that allowed wedding guests and friends to contribute their own photos and videos to a shared, digital album. Terms of the deal…

GIF Keyboard Maker Riffsy Raises $10M Series A

GIF keyboard maker Riffsy has raised a $10 million Series A to make sure you never have to communicate using only boring sentences and emojis again. The round was led by Menlo Ventures with participation from returning investor Redpoint Ventures, as well as Cowboy Ventures and Signia Venture Partners. Along with seed funding it landed…

With $3.6 Million In Funding, Meal Box Is Building A Turkish Food Delivery Empire

After launching in Istanbul just over a year ago, Meal Box, a healthy meal delivery startup, is looking to corner the take-out market in the world’s fifth-largest city. Backed by $3.6 million in funding from Aslanoba Capital, one of Turkey’s most active venture firms, the company wants to replace fast food with traditional, healthy Turkish cooking for a generation…

Microsoft Acquires Sales Contest Platform FantasySalesTeam, Will Integrate Into Dynamics CRM

Microsoft announced this morning the acquisition of Austin, Texas-based Incent Games, the makers of a “sales gamification” platform called FantasySalesTeam. As the name implies, the company’s software allows sales organizations to run contests that are similar to those found in fantasy sports. Microsoft says today it will make this feature available to its own customers in…

Mobile Marketing And Analytics Startup WizRocket Lands $8M From Sequoia And Accel

WizRocket, which helps companies increase user engagement by fine-tuning mobile, web, and e-mail notifications, has raised $8 million in new funding from Sequoia Capital and returning investor Accel Partners. The Palo Alto-based startup will use its fresh capital to launch an API for developers and a new engagement platform. Along with a previous seed round from Accel,…