As reported by the New York Times, sports betting app WinView announced it has raised $12 million in financing from Graham Holdings, the funding group overseen by Donald Graham, the former owner of the Washington Post; Discovery Communications; Ted Leonsis, the owner of the Washington
Jinn just closed $10 million in financing. Three investors participated in the round: STE Capital, Samaipata Ventures, and Rocket Internet. Jinn is an urban logistics and delivery platform that allows users to order anything they want from local stores and restaurants. In its announcement, the company said
Invenia just closed $5 million in Series A financing. Two investors contributed to the round, among them Zetta Venture Partners. Invenia has developed a proprietary cloud-based “Energy Intelligence System” that uses large sets of high-frequency data to solve complex problems in real time. Invenia currently applies
AdRise announced it has raised $21 million in financing from an undisclosed investor. AdRise is the leading distribution and monetization platform for Connected TVs. With the shift in media consumption from linear TV to connected video devices (over-the-top boxes, game consoles, Smart TVs, Blu-ray players and
Spring announced the completion of $65 million in financing. Fidelity Management & Research Company, Groupe Arnault, LVMH Moët Hennessy Louis Vuitton, and Box Group participated in the funding. Spring is a retail company that sells a wide range of merchandise, from apparel to home and
Alkami Technology announced it has raised $26 million in financing from an undisclosed group of investors. Alkami provides next-generation online banking software solutions to financial institutions, ranging from in-house installations to software-as-a-service (SaaS).
Gaming company Pocket Gems announced it has secured $90 million in new financing. Tencent Holdings and Sequoia Capital participated in the round. Pocket Gems, a pioneer of the shift of social games to mobile, developed a series of phenomenally successful free-to-play mobile games that have
Protect My Car announced it has raised $7 million in Series C financing from the Great White Shark Opportunity Fund. Protect My Car is among the leading providers of extended vehicle service contracts. The company’s extended coverage plans are intended for consumers with cars that are less
Clover Health announced it has secured $130 million in financing. Six investors contributed to the round, including GV, Palm Ventures, Greenoaks Global, Sequoia Capital, and First Round Capital. Clover Health aims to reinvent the health insurance model by integrating technology into every aspect of its members’
Draft announced it has been acquired by Irish-based Betfair for $48 million. Mobile gaming startup Draft is a daily fantasy sports (DFS) company. Draft players do simple drafts (unlike the salary cap format), just like the drafts at the beginning of seasons.