Blog Archive

Saturday, April 20, 2019

Weekend Edition. Hulu valued at $15B. Buys back AT&T's minority stake

Issue. April 20, 2019

VC Deals

Lyric, a platform for folks who struggle to decide between a hotel and an Airbnb, has today announced the close a $160 million financing round (an even combination of debt and equity). Airbnb led the equity financing.  More


Amenity Analytics, a New York-based startup developing what it describes as a “text-mining” AI platform for enterprise, today announced that it’s raised $18 million in series B financing led by Starr Companies, with participation from Allstate, Intel Capital, and State of Mind Ventures. It brings the company’s total raised to around $25.6 million. More


ABK Biomedical, Inc., a Halifax, Nova Scotia, Canada-based medical device company dedicated to the research, development and commercialization of innovative embolic therapies, raised $30m in Series B funding. The round was co-led by F-Prime Capital and Varian Medical Systems. More

Seattle-based medical device company Bardy Diagnostics today announced a $35.5 million funding round led by River Cities Capital Fund. The company makes the Carnation Ambulatory Monitor (CAM), which is a small, lightweight heart monitor that can detect arrhythmia.  More

Buckzy Payments Inc., a Toronto, CA-based fintech company, closed a $1.75m seed funding round. The round was led by Mistral Venture Partners joined by New York based Revel Partners. The company intends to use the funds to scale its real-time global payments network. More

IPOs

Pinterest priced shares of its stock, “PINS,” above its anticipated range on Wednesday evening, CNBC reports. The company will sell 75 million shares of Class A common stock at $19 apiece in an offering that will attract $1.4 billion in new capital for the visual search engine.  More

Sponsor


This post was brought to you by Woewoda Communications, your partner in the private equity and startup markets; offering strategic communications, public relations & investor relation services to VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.


Need to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.

Acquisitions

Butterfly, a Los Angeles-based private equity firm specializing in the food sector, today announced that it has signed a definitive agreement to acquire Bolthouse Farms from Campbell Soup Company (NYSE:CPB) for $510 million in cash, subject to customary purchase price adjustments. More

LiveRamp® (NYSE: RAMP), the identity platform powering exceptional experiences, today announced the acquisition of Faktor to enable streamlined consent management across the open web. This deal represents a big win for the entire ecosystem and reinforces LiveRamp's strategic focus on privacy and data stewardship. More

Stripe, the Silicon Valley company founded by Limerick-born brothers John and Patrick Collison, has acquired Irish start-up Touchtech Payments for an undisclosed sum. Touchtech is a Dublin-based software company that provides advanced strong customer authentication (SCA) technology for financial institutions.  More

Buy Backs

Hulu has paid $1.43 billion to buy back AT&T’s minority stake in the streaming video company. The companies announced Monday that the transaction valued Hulu at $15 billion. As a result, AT&T’s 9.5 percent stake in Hulu was worth $1.43 billion. More   
New Funds

It’s often said that the dramatic fall of crypto prices last year ushered in a new era for technology-focused startups in the blockchain space, and the same argument can be made for the venture capitalists who fund them. Proof of Capital is the latest fund to emerge after it officially announced a maiden $50 million fund today. More

Exits

Salesforce announced today it’s buying another company built on its platform. This time it’s MapAnything, which, as the name implies, helps companies build location-based workflows, something that could come in handy for sales or service calls. The companies did not reveal the selling price, and Salesforce didn’t have anything to add beyond a brief press release announcing the deal. More
 
Tech News 
Alexa. Cortana. Google Assistant. Bixby. Siri. Hundreds of millions of people use voice assistants developed by Amazon, Microsoft, Google, Samsung, and Apple every day, and that number is growing all the time. More

Events

Startupfest Montreal 2019, July 9 -12. An invent designed for founders, and investors. Network and connect in one of Canada's most beautiful cities. More


No comments:

Post a Comment

Small Business Finance Presentation: Creating Your Money Map

  Small Business Finance Presentation Creating Your Money Map  Title  Small Business Finances - Creating your Money Map Descriptio...