Levelset, a 13-year-old, New Orleans, La.-based platform that helps contractors get paid faster and eliminate cash stresses, has raised $30 million in new funding led by Horizons Ventures, with participation from S3 Ventures, Altos Ventures, Operating Venture Capital, and Brick & Mortar Ventures, among others. The company has now raised $47 million to date. More
StradVision, a Seoul, South Korea-based company at work on vision processing tech for autonomous vehicles, has raised $27 million in Series B funding. Posco Capital led the round, joined by IDG Capital, Industrial Bank of Korea, Lighthouse Combined Investment, LSS Private Equity, Mirae Asset Venture Investment, Neoplux, and Timefolio Asset Management. More
Coral, is two-year-old, Bay Area-based company at work on a device that can automate manicures (it requires that customers buy nail polish made by the company, too), has raised $4.3 million in funding. Investors include CrossLink Capital, Root Ventures, Tandem Capital and Y Combinator.
Osano, a 1.5-year-old, Austin, Tex.-based data privacy transparency platform, has raised $5.4 million in Series A funding co-led by LiveOak Venture Partners and Next Coast Ventures. More
Ripple, a somewhat controversial, seven-year-old, San Francisco-based company that uses cryptocurrency to move money across borders, has raised $200 million in Series C funding. The investment firm Tetragon led the round, joined by SBI Holdings and Route 66 Ventures. More
Exits
Facebook has acquired PlayGiga, a Madrid-based company that specializes in cloud gaming, for what a Spanish business newspaper says is $78 million. Over the past few years, Facebook has been expanding its efforts in gaming. More
TiVo has scrapped plans to split itself into two separate companies and instead announced a $3 billion merger with Xperi, a publicly traded company that sells audio, imaging and computing technology products, reports Variety. The new merged entity will take the Xperi name but will continue to sell entertainment services under the TiVo brand along with Xperi’s DTS, HD Radio, and IMAX Enhanced brands. More
Care.com, the nation’s largest online marketplace for babysitters and other caregivers, just agreed to sell to IAC/InterActive Corp. for about $500 million in cash or $15 a share. Care went public five years ago. Its shares were trading as low as $9 this summer. More
New Funds
Truffle Capital, a 15-year-old, Paris-based venture firm focused on biotech and med-tech startups, has closed on $278 million for a new fund that it plans to use to fund a dozen new startups, mainly in France. More
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