Europe
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Boku Buys Germany’s Mopay In Carrier Billing Consolidation, Covering 5B Users
Boku — the U.S.-based startup that enables consumers to pay for goods on their phones by charging directly on to their phone bills or deducting from available phone credits — is today announcing it is acquiring Germany-based Mopay, one of its biggest competitors. The companies are not disclosing the financial terms of the purchase — we are still trying to find out and… Read More
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Here’s The 3 Reasons Europe Green-Lighted Facebook’s $19B WhatsApp Deal
The EU has approved Facebook’s landmark $19 billion acquisition of messaging startup WhatsApp — determining that the two are “not close competitors”. In a statement confirming the clearance, it highlights three key areas where it believes the two do not create an anticompetitive environment for other players in this space: consumer communications services; social… Read More
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EU OKs Facebook’s $19B WhatsApp Acquisition, Clearing The Last Antitrust Hurdle
This just coming in: the EU has approved Facebook’s $19 billion acquisition of WhatsApp — deciding that the two are “not close competitors”. WhatsApp today has 600 million users, while Facebook has 1.3 billion, with 300 million using its Facebook Messenger product. This marks closure for the last big regulatory hurdle that the social network needed to pass before… Read More
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Big Data Analytics Go Large: GoodData Gets $25.7M Led By Intel, Eyes Up 2016 IPO
GoodData, a cloud-based big data analytics firm, is rising higher into the clouds itself. Today it is announcing a $25.7 million round of funding led by Intel Capital, with participation also from existing investors Andreessen Horowitz, General Catalyst, Tenaya Capital, TOTVS, Next World Capital, Windcrest, and Pharus Capital. This is a Series E round for the company, which has raised… Read More
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How The Mighty Eagle Is Fallen — Rovio Announces Layoffs
Rovio Entertainment, the Finland-based maker of Angry Birds, among other games, is laying off 130 people, or 16% of its current workforce. The move comes because — you probably guessed this — it’s biggest game has gone off the boil and the newer games it’s producing are not taking up the slack, thus growth has been slower than they thought. In a blog post today CEO… Read More
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Quantcast Acquires Ad Personalization And Retargeting Company Struq
Quantcast is announcing that it has acquired Struq, a London-based company that offers cross-device retargeting and personalization for advertisers. Quantcast may be best known for its data about Internet traffic, but it seems to have built a thriving ad business as well. The company’s announcement emphasizes the ways in which Struq technology can expand Quantcast’s ad platform,… Read More
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Berlin-Based Adtech Startup Remerge Raises $1M For Its Mobile App Marketing Platform
Today, Remerge, another Berlin-based adtech startup, sees its official launch, off the back of a $1 million seed round led by Point Nine Capital. The startup, whose five founders include CEO Pan Katsukis (previously a co-founder of Madvertise), offers what it calls an “audience segmentation and retargeting platform” for mobile app advertisers to let them drill down into discrete… Read More
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Spacious Secures £500,000 Seed Round To Match London Startups To Office Space
Spacious, the London property tech startup founded by Entrepreneur First alumni Tushar Agarwal and Tom Watson, together with ex-advisor to the British Prime Minister Rohan Silva, has closed £500,000 in seed funding. Kano Ships Its First 18,000 Learn-To-Code Computer Kits, Fueled By $1.5M Kickstarter
Kano Computing, a startup that plays in the learn to code space by adding a step-by-step hand-holding layer atop the Raspberry Pi single-board microcomputer to make hacking around with code and learning about computational thinking child’s play, has shipped all the hardware kits in its first batch of crowdfunded orders and pre-orders. That’s around 18,000 kits in all,… Read More
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Traxpay Raises $15M, Teams With MasterCard To Be The PayPal Of The B2B World
Traxpay, a German startup that has created a platform for businesses in a supply chain to make payments to each other — think PayPal for the B2B world, or an Alipay of the Western world — is making two significant announcements that point to the company’s global growth ambitions–specifically in the U.S. and Asia. First, it has raised another $15 million, in what… Read More
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