Flipboard Raises $50M From Suhail Rizvi, Goldman, Kleiner, Others

Digital magazine Flipboard raised $50 million in new funding, according to several media reports. The deal values the company at $800 million and was led by Suhail Rizvi and Goldman Sachs, says AllThingsD. Existing investor Kleiner Perkins Caufield & Byers also participated, says TechCrunch. In the deal as well were Index Ventures and Insight Venture Partners, AllThingsD says.

Keyboard App Maker SwiftKey Raises $17.5M

SwiftKey, a maker of a keyboard app primarily used by Android devices, has raised $17.5 million in Series B funding led by return investor Index Ventures. Also participating in the round is previous investor Octopus Investments and a number of individuals, including Nick Hynes, Carl Uminski, Jon Craton, as well as the Cambridge Capital Group. SwiftKey says it has now raised $21.5 million in total equity funding. The London-based company, which also has offices in San Francisco and Seoul, provides a keyboard app for smartphones and tablets that learns from users to offer better auto-corrections and next-word predictions.

molecule shutterstock_118145038

Venture Capital Warms to European Biotechs

Private biotech companies globally raised almost $1.3 billion through venture capital deals in the second quarter, up 190 percent from Q1, and European biotechs grabbed 44 percent of that total, according to a report.

Adzuna Raises Series A Funding

Adzuna has raised a Series A funding from existing investors Index Ventures, The Accelerator Group and Passion Capital, following seed rounds in 2011/12, taking total funding to date to 2 million pounds ($3.1 million). Following on from the funding, the company has launched Jobsworth, a tool which predicts the salary of any job ad based on its contents.

Edmond de Rothschild Investment Partners Backs OncoEthix Series B

Edmond de Rothschild Investment Partners has backed the Series B financing round of OncoEthix through BioDiscovery 4, its fourth fund dedicated to life sciences. OncoEthix is a Swiss-based oncology drug development company founded in 2009. Edmond de Rothschild Investment Partners participated alongside SV Life Sciences and existing investors Index Ventures and Endeavour Vision.

NumberFour Inks $38m Series A Financing Led by Index Ventures

NumberFour AG, founded in 2009 by Marco Boerries to re-imagine how small businesses are run, has secured $38 million in Series A financing led by Mike Volpi from Index Ventures. The round includes contributions from Allen&Co, T-Venture/Deutsche Telekom, Andreas von Bechtolsheim, Jerry Yang, Klaus Hommels and Lars Hinrichs among others.

Brit + Co. Raises Series A Led by Oak Investment Partners

Media company Brit + Co. has secured a $6.3 million Series A led by Oak Investment Partners, with participation from Index Ventures, Lerer Ventures and Cowboy Ventures. Previous angel investors, including Marissa Mayer and Aileen Lee also reinvested in the company.

PEHUB Community

Join the 12494 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

Look Who’s Tweeting

Reuters VC and PE feed

RSS Feed Widget

Groups