- Viral Video Messaging App Dubsmash Surpasses 75 Million Downloads, Raises $5.5M Led by Index Ventures
Dubsmash, the viral video messaging app that lets users create and share dubbed “selfie” videos, today announced a $5.5 million Series A investment round led by Index Ventures, with participation from Lowercase Capital, ENIAC Ventures, Sunstone Capital, Raine Ventures and King Digital Entertainment CEO Riccardo Zacconi. The investment will be used to expand the Dubsmash team and scale the company’s infrastructure.
- iZettle raises €60 Million Series D, Introduces iZettle Advance
iZettle is introducing iZettle Advance, a new way for small businesses across Europe to obtain access to extra capital by getting an advance on future card sales. To support the development and expansion of iZettle Advance and fuel the continued growth of its existing business, iZettle has closed a €60 million Series D funding round led by previous investors Intel Capital and Zouk Capital.
- Super Evil Megacorp Raises $26 Million
Super Evil Megacorp, a company that is determined to shatter preconceived notions about tablet gaming, has raised $26 million in funding round led by Index. It has also announced partnerships with the Vainglory International Premier League (IPL) and Giant Interactive in China. COO of Super Evil Megacorp Kristian “EdTheShred” Segerstrale discusses the news in more detail below.
- SavingGlobal raises €20 million in Series B financing, surpasses €500 million in deposits
SavingGlobal, a financial marketplace that enables savers to access the best deposit rates across Europe, has closed €20 million Series B financing led by Palo Alto-based Ribbit Capital and Index Ventures with participation from Yuri Milner and Tom Stafford, bringing the total amount raised to €30 million.
- Flipagram Raises $70 Million, Announces Landmark Music Deals
Flipagram, the easiest way for people to create and share amazing visual stories using the photos, videos and music on their phones, today announced that it has closed a $70 million round of financing, led by Sequoia, and joined in the round by Kleiner Perkins Caufield & Byers and Index Ventures.
- Credit Benchmark raises $20m in Series B financing
Credit Benchmark, the independent source of consensus credit risk information, today announces substantial new Series B funding and its expansion into the US. It also launches its service to contributing banks, with the first release of its consensus data.
- Tech and the city: Why innovation & entrepreneurship will power the future of cities
CITIE - new research by Nesta, Accenture and the Future Cities Catapult – tackles important questions such as what city governments can do to spark more innovation and entrepreneurship, as well as offering a framework for designing good policy and assessing the state of the art from 40 cities worldwide. To mark its publication, Index Ventures co-hosted an evening of discussion and debate at Second Home on how city governments can best support entrepreneurs, and how tech startups are transforming daily city life.
- Curbside Raises $25 Million to Expand Services
Curbside, a Bay Area-based startup reinventing the local shopping experience, announced that is has secured $25 million in Series B funding led by Sutter Hill Ventures and joined by previous investors Index Ventures, Yahoo! co-founder Jerry Yang’s AME Cloud Ventures, Qualcomm Ventures and others.
- Deciphering the Buzz Around Enterprise Security
Last week, the U.S. government announced that hackers had breached the data of over four million current and former federal employees and the Senate said it plans to take up cybersecurity legislation in the coming days. In light of the the growing spotlight on cybersecurity issues and threats, Index Ventures's Shardul Shah provides a primer on how and why security is currently at an inflection point.
- IPOs: A how-to guide for tech startups
After a decade-long drought, there has been a rush of tech IPOs in the U.S. and Europe, and Index Ventures has been able to observe this at close hand through our investments in companies like Arista Networks, Criteo, Etsy, Hortonworks, Just Eat, King and Zendesk.
- Songkick and CrowdSurge Combine to Create World's Largest Artist-to-Fan Ticketing Platform
Songkick and CrowdSurge are integrating ticketing for over 500 of the leading global touring artists with the world's most recognized concert discovery app. Combined company announces significant additional financing.
- Check Point Software To Acquire Lacoon Mobile Security
Check Point® Software Technologies Ltd., the largest pure-play security vendor globally, today announced its intention to acquire Lacoon Mobile Security. Lacoon is leading the industry in providing a solution to secure the entire mobile device, with the best advanced threat catch-rate for enterprise-grade mobile security platforms.
- Europe’s largest peer-to-peer car rental service Drivy acquires Buzzcar and raises €8m for international expansion
Drivy, the world’s leading peer-to-peer car rental company, has acquired challenger Buzzcar and raised €8m for international expansion from BPI’s Ecotechnologie Fund and Via-ID (Mobivia Group, former owner of Buzzcar) as well as early investors Index Ventures and Alven Capital. This third round of funding brings to €16 million the total amount raised by the company.
- Zuora Receives $115 Million Investment as Subscription Economy Goes Mainstream
Today's $115 million funding announcement from Zuora underscores the significant shift all companies are making toward subscription business models. The latest funding round brings the total amount of capital raised by Zuora to $250 million.
- Peoplevox raises $6M to offer state-of-the-art warehouse management software to booming e-commerce sector
Peoplevox, the leading provider of software-as-a-service warehouse management system, today announces a $6 million investment led by Index Ventures to help e-commerce companies modernise their warehouse operations. In a competitive and fast-growing market, seamless warehouse management is mission critical for all e-commerce players, with ineffective systems resulting in delayed, cancelled or wrong orders – which are damaging both to brand and customer loyalty.
- TransferWise raises $58m as it rolls out global expansion plans
Andreessen Horowitz the venture capital firm created by Netscape and Opsware founders Marc Andreessen and Ben Horowitz - has led a Series C $58m round in Europe’s leading financial tech start-up TransferWise. TransferWise’s existing investors, including Sir Richard Branson, Peter Thiel’s Valar Ventures, Index Ventures, IA Ventures, and Seedcamp, also participated in the round.
- Stack Exchange Raises $40 Million Series D Financing
Stack Exchange, Inc., best known for Stack Overflow, a site where millions of developers have built and curated the largest online repository of programming knowledge in the world, today announced a $40 million round of Series D funding led by Andreessen Horowitz.
- Lookout Raises $150M to Extend Its Mobile Security Platform to Large Enterprises
Lookout, the leader in mobile security, announced today that it has completed a $150 million round of financing. Building on a base of more than 50 million consumer subscribers, including millions of paying customers, the company will use these new funds to extend its reach to large enterprises through new product development and expanded go-to-market efforts.
- 14 things you need to know about building and launching on iOS 8
Hosted by Funding Circle in the colourful canteen at their City of London headquarters, teams from some of Europe’s brightest startups gathered earlier this month to hear how Shazam, SwiftKey and Big Health fared when they created and launched apps on iOS 8. Here are some of the tips and insights they shared at the meet-up, which was co-hosted by Index.
- What if local commerce got Amazon superpowers?
We live in a mobile-first world. The majority of the world’s population will experience the Internet from their mobile device first, and even if they grew up with computers and the web, the majority of their screen time will be on mobile. Ecommerce will be no exception to that.
- From Seed to A: Robinhood's Aim is Right on Target
Often at Index, we’re asked about how we build conviction; how do we know, or at least have a strong gut feeling, that we’re backing the right entrepreneurs with the right idea, the right platform, at the right time. The question has extra resonance at seed stage, when there’s little for potential investors to go on, other than a minimum viable product (MVP) and hopefully a captivating, well-honed pitch.
- Bringing Innovation to Our Educational Systems: Why Index Invested in Edmodo
The recent debate around the adoption of the Common Core is emblematic of the need for transformation in the educational systems of the US – and, perhaps around the world. While we have enjoyed a dramatic rise in social and productivity services as consumers, our children have been largely left with technology solutions from the last century for their learning. Many of the old-school ways of educating our youth clearly aren’t working anymore – from a lack of STEM classes, to disparate achievement rates, to out-of-control costs. That’s why we’re excited to announce that we led a $30 million round in Edmodo, a safe platform where teachers and students can collaborate, share content, and leverage educational apps to augment in-classroom learning.
- Big Data, Information Services and the Power of Knowledge
Since the term was first coined, ‘Big Data’ has become an industry buzz word, whose original meaning and potency has faded somewhat with overuse. Investors and entrepreneurs alike have long been chasing big data plays with little thought as to what such a term actually means. Simply put, ‘big data’ refers to the terabytes of data that technology has enabled us to produce, collect, store and mine. But in the majority of instances, data in itself has limited value.
- The Global Bitcoin Opportunity: Why Index is Backing Xapo
Bitcoin is undoubtedly one of the most heated topics of discussion in the technology world. Whether bullish or bearish, consumers, regulators, banks, governments, and tech companies all have something to say about the rise of the world’s first mainstream virtual “currency”.
- BlaBlaCar: meet the ‘idealists’ who are set to change how the world travels
Paris-based long-distance ride-sharing startup BlaBlaCar announced a $100 million Series C funding round led by Index Ventures today. As part of the round, Index’s Dominique Vidal and Martin Mignot will be joining the board. Here, Dominique and Martin explain why Index is so excited about what lies ahead for the company.
- Building a local food delivery network
London-based food delivery start-up, Deliveroo, announced a £2.75 million Series A funding round led by Index Ventures today. As part of the round, Martin Mignot will join the board. He explains below why Index has decided to lead the round and is so excited about what is coming next for the company.
- Patreon raises $15M Series A led by Index, to enable more creators to earn a living from their art
Velazquez and van Gogh could never have created some of the world’s greatest masterpieces without patrons. I like to remind my Italian partners that the concept of patronage preceded the House of Medici by millennia! Of course, it was just a matter of time before the Internet Economy would enable anyone to participate in supporting their favorite creator. So today, we’re thrilled to lead a $15 million Series A round of funding in Patreon, the world’s first online network that connects modern-day patrons with creators of all kinds.