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Social Media Company Musical.ly Acquired for $1 Billion

Musical.ly Inc., the maker of the musical.ly social-media app, agreed to be acquired by Chinese news and information site Beijing Bytedance Technology Co. for $1 billion. The company, founded in

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Essential completed $300 million in financing. Playground Global, Redpoint Ventures, Altimeter Capital, Tencent Holdings and Foxconn Technology Group participated in the funding. Founded by

PR software startup Upbeat announced the completion of $1.5 million in financing from an illustrious list of investors, including accelerator programs Stanford-StartX, Y Combinator

Plynk just closed $28 million in Series A financing. Two investors contributed to the round, among them Swiss Privee Ltd. Plynk is a European money

Alta Motors just closed $27 million in Series B financing. Three investors participated in the round, among them Grassy Creek Ventures and Mountain Nazca. In

Tractable announced it has raised $8 million in Series A financing. Seven investors participated in the round, among them Ignition Partners and Zetta Venture

FactSquared announced it has raised a new round of financing led by serial entrepreneurs and investors Mark Walsh and Matt Koll. Following the deal,

Trustify announced the completion of $7 million in financing from an undisclosed investor. Trustify is a technology platform that connects clients across the United States

Delivery startup Mercadoni announced it has secured $6 million in Series A financing. Two investors contributed to the round, including Axon Ventures. Mercadoni is building

Shortlist announced the completion of $2 million in seed financing. Four investors contributed to the round: Impulse VC, FundersClub, Alchemist Accelerator, and Investor. Shortlist automates