- FuzeBox Targets Global Expansion, Raises $26M
Targeting global expansion, FuzeBox, a leading cloud-based provider of real-time communication and collaboration solutions, today named former Yammer and Salesforce.com executive David Obrand as CEO, and announced $26 million in Series B financing led by Hermes Growth Partners with additional funding from Series A investors Index Ventures, Khosla Ventures and Insight Venture Partners.
- PhotoBox Group enhances its social and mobile platform with acquisition of StickyGram.com
PhotoBox Group, Europe’s leading provider of personalized products and operator of the PhotoBox and Moonpig.com brands, is pleased to announce the acquisition of StickyGram.com, a fast-growing, online premium print brand that leverages Instagram to turn its digital photos into delightful magnets.
- Anki: why the demo sealed the deal
If ever there was a case of a demo sealing the deal, then this was it. From the moment we saw Anki Drive cars racing around their track, our minds were made up. Those hundreds of hours I’d spent as a kid, battling electric-powered cars against my friends came flooding back.
- Bain Capital Ventures and Index Ventures Invest in Novus
Novus, a New York-based company founded by former portfolio managers, engineers and data scientists to help the world's top institutions and investors generate higher returns, today announced that it has received an investment from Bain Capital Ventures, the venture arm of Bain Capital, and Index Ventures.
- $6 million investment round in London start-up TransferWise
TransferWise, the peer-to-peer international money transfer business, has secured a $6 million investment round led by Valar Ventures, the venture fund founded by Facebook’s first outside investor and co-founder of PayPal, Peter Thiel -- his first Valar Ventures investment in Europe.
- The end of retail (as we know it)
The carnage on the British High street - and its Main Street, USA equivalent - is no blip. The cycle of decline, which has seen a run of recent closures of UK household name retailers and a total of more than 200 medium or large retail businesses going bust over the past five years, is here to stay.
- Rethinking wealth management
When our good friend, Andy Rachleff, started Wealthfront with Dan Carroll a few years back, they held a revolutionary belief about how money should be managed. Having been a trustee of several university endowments, Andy had seen how larger and more sophisticated investors managed their funds.
- Auxmoney raises $12 million from Index Ventures and Union Square Ventures
auxmoney, Germany's leading online marketplace where private consumers can borrow directly from private investors, secures $12 million funding from Index Ventures (other investments include Skype and Dropbox) and Union Square Ventures (other investments include Twitter and Lending Club).
- The economics of freemium
Economics is occasionally derided as a phony science. Frankly I struggled with it school and university so to me this description really resonates. How can the graphs and formulae in the textbooks ever really capture the behavior of complex organizations and impulsive consumers?
- We are the 8%
“Flatlining”, “pre-recovery”, “stagnant”, “sluggish” - we’re running out of adjectives to describe the UK’s seemingly moribund economy. Stripped of its AAA rating last weekend, it shrank by 0.3% in the final quarter of last year , and - amid signs of a possible triple dip recession - more of the same is predicted for 2013.
- MOLESKINE S.p.A.: successfully completes IPO
Moleskine S.p.A. today announced the successful completion of the Initial Public Offering of its ordinary shares, for the purpose of admission to listing on the Electronic Stock Market (MTA), organised and managed by Borsa Italiana S.p.A., with a demand that, within the price range, was more than 3.6 times superior to the total offer.
- The Business of Fashion announces $2.1m seed funding, to build next generation fashion media company
The Business of Fashion (BoF) announced today that it has raised $2.1m in seed funding, securing a minority investment from a group of prestigious global investors spanning the worlds of fashion, media and technology.
- Prescription Eyewear Limited extends clear leadership position in online optical market
Prescription Eyewear Ltd, the parent company of myOptique.com, SunglassesShop.com and GlassesDirect.com, announced today that it has added LensOn, the leading Nordic online contact lens seller, to its growing portfolio of market-leading brands.