Technology investment firm Atomico has led Fab’s $105 million Series C financing. Also participating in the round are Pinnacle Ventures, ru-Net Technology Partners, Mayfield Fund and DoCoMo Capital, and several existing investors, including Andreessen Horowitz, Menlo Ventures, Baroda Ventures and First Round Capital. Atomico partner Geoffrey Prentice will join Fab’s board of directors. PRESS RELEASE [...]
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London-based Quipper, an e-learning start-up led by Masa Watanabe, a co-founder of Japanese mobile social gaming company DeNA, has raised 2.3 million pounds ($3.6 million) in a Series A funding round. The round has been financed by three investors including Atomico, a London-based international technology venture capital firm led by Skype co-founder Niklas Zennström; Globis, [...]
Online restaurant reservation platform Restorando has closed on $3.2 million in Series A financing. Emergence Capital Partners led the round with participation from Latin American-focused fund Kaszek; London-based Atomico; and Storm Ventures. Santi Subotovsky from Emergence Capital and Alex Mendez from Storm Ventures joined Restorando’s board. PRESS RELEASE Restorando, the leading online reservation platform for [...]
Stockholm-based social gifting service Wrapp has sealed $5 million from venture firm Greylock Partners. The financing is an addition to Wrapp’s Series A funding. Wrapp received $5.5 million in November from Atomico and the Nordic venture firm Creandum. Greylock’s Reid Hoffman will join Atomico’s Niklas Zennström, and Johan Brenner of Creandum on Wrapp’s board.
FreedomPop, an L.A.-based, still-mostly-stealth start-up company that hopes to provide Americans broadband and voice services for free, has signed a wholesale network agreement with Reston, Va.-based broadband network LightSquared to offer no-cost 4G service, starting next year. FreedomPop was founded by Skype co-founder Niklas Zennstrom and his venture capital firm Atomico. starting next year. PRESS [...]
Wrapp, a social gifting service based in Stockholm, has raised $5.5 million in Series A financing led by Atomico. The company previously raised an undisclosed amount of seed funding this year from Nordic venture firm Creandum. Creandum also contributed to the Series A round.
We shall soon find out. I ordinarily don’t write about awards ceremonies. But with wild stock gyrations and unsettled economies I thought a light feel-good piece was in order. The annual Investor Allstars Awards have been scheduled for Thursday in London and will unveil both the “VC Personality of the Year” and “VC Fund of [...]
San Francisco-based Quid, which develops information analytics software, has closed on a $10 million Series C round. Investors include Skype co-founder Niklas Zennstrom’s firm Atomico; Ron Conway; Endeavour Vision; Infocomm Investments, the venture arm of IDA Singapore; and Founders Fund. PayPal co-founder Max Levchin has recently joined the Quid board.