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Philippines-based mobile commerce and payments services Ayannah Information Solutions raised USD 1 million from a group of investors
22-July-2014 | Online retailing | Investments
Philippines-based mobile commerce and payments services Ayannah Information Solutions Inc. raised USD 1 million in financing from a group of investors. The investors took part in this round of investment include IMJ Investment Partners, Beenos, Siemer Ventures and Golden Gate Ventures. The company intends to utilize the invested capital for the development of its services as well as for expansion of its business and services across key international markets. Founded by Mikko Perez (CEO), Ayannah is engaged in providing mobile commerce and payments services to migrants through its two flagship products, Sendah and Sendah Direct.
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China-based online education services company Yuantiku.com raises USD 15 million from Matrix Partners China and IDG Capital Partners
22-July-2014 | Online education | Investments
China-based online education services company Yuantiku.com received USD 15 million in investment from Matrix Partners China and IDG Capital Partners in series C funding round. The company plans to use the proceeds from the current funding round to develop its online database and enhance its marketing services as well as invest in brand management and scale up its business operations. The current investment takes the total funds raised by the company till date to USD 24.2 million. Yuantiku.com, founded in 2012 and led by Li Yong (CEO), operates as an online education platform that offers online exam database for students to prepare for national college entrance exam, administrative aptitude tests and essay tests for civil servants, political entrance tests for postgraduate, first-level constructor, law counselor of enterprises, junior accountant, securities qualification test and other tests. The company offers exam database for both computer and smartphones users.
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China-based online luxury goods retailing platform operator Secoo.com raises USD 100 million led by CMC Capital Partners
22-July-2014 | Online retailing | Investments
China-based online luxury goods retailing platform operator Secoo.com received USD 100 million in investment led by CMC Capital Partners in series D funding round. Existing investors including IDG Capital Partners, Ventech Capital, Crehol Capital and Vangoo Capital Partners also participated in the current funding round. Additionally, the company received undisclosed amount of credit line financing from Silicon Valley Bank. The company intends to utilize the invested capital for enhancing its local services and accelerating its international expansion strategy. The latest financing takes the total funds raised by the company till date to USD 150 million. Secoo.com, founded in 2008 by Li Rixue (CEO), operates as an eCommerce platform that retails new and second-hand luxury products as well as operates offline stores to provide product maintenance services.
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US-based online movie tickets booking platform operator Dealflicks Inc. receives USD 1.7 million in seed investment from group of investors
22-July-2014 | Online retailing | Investments
US-based online movie tickets booking platform operator Dealflicks Inc. received USD 1.7 million in seed investment from group of investors. The investors participating in the current funding round includes 500 Startups, Siemer Ventures, Archer Gray, Rubicon VC, Wefunder, Be Great Partners, Rosepaul Investments, Mogility Capital, Sierra Maya Ventures, Warner Brothers Media Camp, Ajay Narula, Richard Wolpert, Larry Braitman, Marc Berger, Hersh Narula, Jason Kothari, Darcy Wedd, and other unnamed angel investors. The company plans to use the proceeds from the current funding round to enhance its mobile application and expand its partnership network of movie theaters as well as scale up its business operations. Dealflicks, founded in 2011 by Zachary Cancio, Kevin Hong and Sean Wycliffe (CEO), operates an online movie theatre ticking platform that retails discounted tickets and snacks at concessions stands.
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US-based AppDynamics raises USD 120 million in financing led by Battery Ventures, ClearBridge Investments and Sands Capital
22-July-2014 | Enterprise Software & Services | Investments
US-based application performance management solutions company AppDynamics Inc. raised USD 120 million in financing from Battery Ventures, ClearBridge Investments and Sands Capital led group of investors. Other investors including Greylock Partners, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners also took part in the current financing round. The current round included USD 50 million in debt financing from Silicon Valley Bank. The company intends to utilize the invested capital for enhancing its marketing activities. AppDynamics, founded in 2008 by Jyoti Bansal (CEO), provides application performance management solutions that help companies monitor, troubleshoot, diagnose and scale their applications.
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UK-based social advertising solutions company Glow Digital Media raises USD 7 million in series A funding from a group of investors
22-July-2014 | Online and mobile advertising | Investments
UK-based social advertising solutions company Glow Digital Media Ltd. raised USD 7 million in series A funding round from a group of investors. The investors took part in the current financing round includes Notion Capital, White Star Capital, Project A Ventures and Avonmore Developments. The company intends to utilize the invested capital for enhancing the adoption of its platform as well as enhancing its marketing activities. Founded in 2011 and led by Damian Routley (CEO), Glow Digital Media is an advertising technology company that helps in creating and improving advertising campaigns on Facebook and Twitter.
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UK-based mobile applications development company Spectral Edge raises GBP 300,000 in investment from a group of investors
22-July-2014 | Mobile Media & Applications | Investments
UK-based mobile applications development company Spectral Edge Pty Ltd. raised GBP 300,000 in investment from a group of investors. The investors took part in the current financing round includes Midven, Rainbow Seed Fund and Iceni Seedcorn Fund. The company intends to utilize the invested capital for its product development as well as enhancing its sales and marketing activities. Founded in 2012, Spectral Edge is a mobile applications development company focused on image fusion technology for healthcare market.
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