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WePay grabs $40 mln Series D

WePay, a payments provider for online platforms, has raised $40 million in Series D funding. FTV Capital led the round with participation from other investors that included Rakuten, Highland Capital Partners, August Capital, Continental Investors and Ignition Partners. In addition to the funding, FTV Capital’s Chris Winship has been added to WePay’s board of directors while Rakuten’s Oskar Miel has bee appointed to WePay’s advisory board.

Visitors walk at the Alcatel-Lucent booth at the Mobile World Congress in Barcelona
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peHUB First Read

First Read ushers in your morning with news Nokia is in talks to acquire rival Alcatel-Lucent, top 1% pay nearly half of federal income taxes and visa applications from highly skilled tech and science workers in U.S. hit record high.

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peHUB First Read

First Read starts your morning with news of Rakuten buying ebook and audiobook platform OverDrive for $410 million, Target says it will pay $10 million in damages to 2013 data breach victims and flagship Toys ‘R’ Us store in Times Square is closing.

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peHUB First Read

First Read starts your morning with news of Pinterest raising $367 million in funding at a $11 billion valuation, Apple plans on launching its web TV service in the fall and at the Ellen Pao trial, Kleiner Perkins partner Mary Meeker says the firm doesn’t discriminate.

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peHUB First Read

First Read ushers in your morning with news of Alibaba investing $200 million in Snapchat, Lyft raises $530 million in Series E funding led by Rakuten and the world’s best airport is Singapore’s Changi Airport, according to the 2015 World Airport Awards.

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Bitnet scores $14.5 mln Series A

Bitnet Technologies, a digital commerce platform provider for bitcoin payments, has raised $14.5 million in Series A funding. Highland Capital Partners led the round. Other investors included Rakuten, Webb Investment Network, Bitcoin Opportunity Corp., Stephens Investment Management, Commerce Ventures and Buchanan Capital Management. In addition to the funding, Peter Bell, a partner at Highland Capital Partners, has been added to Bitnet’s board of directors.

First read sunrise
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peHUB First Read

This Tuesday morning read all about Indiana and Iowa private equity fund performance, Harvard receiving its largest donation in history and a new dawn for first time funds.

Reuters – US Start-Up Pinterest Inks $100m

Online bulletin board Pinterest has raised $100 million in a financing round that values the US start-up at $1.5 billion, the Wall Street Journal said, writes Reuters. The funding is led by Japanese e-commerce site Rakuten, with existing investors such as Andreessen Horowitz, FirstMark Capital and Bessemer Venture Partners also participating, writes Reuters. Reuters – […]

AHAlife Raises $10.1M From Rakuten, DCM, FirstMark

AHAlife.com said it raised $10.1 million in Series B funding in a deal led by Japanese e-commerce company Rakuten. Existing investors DCM and FirstMark Capital also participated. The company, which operates an e-commerce site for luxury goods, has now raised a total of $19.1 million. PRESS RELEASE AHAlife.com Raises $10.1m Series B Round From Japan-based […]

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