Secret Escapes, an online luxury travel club, has secured 8 million pounds ($12.9 million) of new funding. Index Ventures led the funding round with participation from existing investors Octopus Ventures and Atlas Venture. Torch Partners advised Secret Escapes on the fundraising.
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HouseTrip.com, a holiday rental websites has secured a $40 million Series C funding round led by Accel Partners, with existing investors Balderton Capital and Index Ventures also participating. The investment will be used to expand its marketplace into more territories and develop new products and services for travellers and hosts.
Zendesk, a provider of on-demand, help desk, customer services support network, has raised $60 million in new funding including $45 million in equity. Investors include new investors Index Ventures, GGV Capital, Goldman Sachs and existing investors Charles River Ventures, Benchmark Capital and Matrix Partners. The San Francisco-based company also secured $15 million in debt from Silicon Valley Bank. Zendesk has now raised more than $80 million in total funding since it was founded in 2007. CEO Mikkel Svane told peHUB in an email that the conmpany doesn’t have any acquisitions planned. “But we are focusing heavily on attracting the right talent and DNA to the company. We need a bigger pile of chips on the table to continue to execute at the pace we’re executing,” he said.
Tripbirds, a Stockholm-based startup that started life as a travel site, one that seized on data from Facebook, Instagram and other social networks, has been relaunched as a “social hotel-booking site” that combines “traditional” hotels with recommendations from users’ social networks. The company raised $740,000 in seed funding last year from Index Ventures, Passion Capital, [...]
Pharmaceutical company Boehringer Ingelheim is to acquire the global rights to Funxional Therapeutics‘ FX125L compound and somatotaxin programme. Funxional Therapeutics was founded by David Grainger with initial investment from Index Ventures and Novo A/S in 2006 and Ventech leading a Series B financing. PRESS RELEASE Today, Boehringer Ingelheim, one of the world’s leading pharmaceutical companies, [...]
European venture firm Index Ventures has raised an early stage 350 million euros ($442 million) fund to invest in tech companies. The fund is part of 1 billion euros raised over the last 12 months, with separate funds for the growth and life science sectors. The focus of the new fund will be on seed [...]
Online market place Etsy said it raised $40 million in new capital in a deal led by Index Ventures and joined by existing investors Union Square Ventures, Accel Partners and Burda. The news was released in a blog post, which noted that $525 million changed hands on the Etsy market place last year. Here is [...]
Data analytics business Newvem has secured $4 Million in Series A funding. The round was led by Greylock Partners with participation from Index Ventures and Eric Schmidt’s Innovation Endeavors, as well as private investors. These include David Strohm, George Kadifa, and Maurice Werdegar. Erez Ofer from Greylock Partners will be joining the Newvem board of [...]
London based Just-Eat has closed a financing round of $64 million led by funds managed by European private equity firm Vitruvian Partners with Index Ventures, Greylock Partners and Redpoint Ventures also participating. The investment marks the company’s third and largest funding round in less than two years. PRESS RELEASE London based Just-Eat, the world’s largest [...]
TransferWise said it raised seed funding of $1.3 million in a round led by IA Ventures, Index Ventures, PayPal co-founder Max Levchin and a group of strategic angel investors. The company operates a crowd-sourced money transfer service. PRESS RELEASE Game-changing money transfer service TransferWise lands 1.3 million dollars from leading smart finance investors London, United [...]