While raising capital can be a challenge for some, Canva, the Australian based graphic design startup seems to have elevated fund raising to an art form with its latest round of funding at $15 Million (U.S.). Canva’s latest influx originates from Blackbird Ventures and Felicis Ventures and brings the company’s value to an unprecedented $345 […]
Palo Alto based Sapphire Ventures, owned by SAP, secures $1 Billion to invest in a new $700 Million growth fund and a $300 Million tech fund. Following on the heels of a large group of venture groups – including Lightspeed Ventures Partners, Norwest Venture Partners, Accel Partners, Founders Fund, and Andreessen Horowitz – Sapphire Ventures […]
Bill Maris, who founded GV (Google Ventures) in 2009, recently stepped down to allegedly spend more time with his wife and son as well as consider new ideas. A recent report states that Maris is now in talks to raise $500 Million for his own fund. Confirmation of the reports is still pending. Bill Maris […]
PayU, Naspers’ payment service provider, whose headquarters is in the Netherlands, announces the acquisition of Citrus Pay, the Indian payment gateway. Closing at $130 million (U.S.), it is one of the largest Merger and Acquisitions in the Indian internet arena and certainly in Indian financial tech history. To date, the largest M&A in India’s financial […]
Razer is a company that has been making gaming peripherals and hardware for almost twenty years now. Razer recently caused considerable excitement by entering the software market, and this looks as if it could be the start of an exponential broadening of their horizons. The company has now created zVentures, a venture capitalist funding group […]