Prince Alwaleed & Kingdom Holding Co. Make a $300 Million Investment in Twitter Read more: Prince Alwaleed & Kingdom Holding Co. Make a $300 Million Investment in Twitter
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and Kingdom Holding Company (KHC), announced today, Monday, December 19th 2011, a combined investment of $300 Million in Twitter. This investment was the result of several months of negotiations and comprehensive due diligence and represent a strategic stake in Twitter. Prince Alwaleed commented: “Our investment in Twitter reaffirms our...
Read MoreTwilio lands $17M in Series C financing round
Cloud communications provider Twilio has closed a $17 million Series C round, bringing the firm’s total venture funding to $33.7 million. Bessemer Venture Partners and Union Square Ventures–both investors in Twilio’s Series B round–led the latest round. Twilio enables software developers and content providers to integrate voice, VoIP and messaging capabilities into their...
Read MoreShopSavvy closes $7M round led by Facebook co-founder Saverin
Mobile commerce solutions provider ShopSavvy has closed a Series A financing round totaling $7 million. Facebook co-founder and private investor Eduardo Saverin led the round–Saverin also will join ShopSavvy’s board of directors. The ShopSavvy app enables consumers to scan UPC, EAN or QR barcodes to obtain in-store price comparisons and inventory information spanning local and online...
Read MoreAppcelerator Closes on $15M
Appcelerator®, the leading integrated mobile platform for rapidly developing native and HTML5 mobile web applications using open web technologies, today announced that is has raised $15 Million in its third round of funding led by Mayfield Fund, Translink Capital, and Red Hat. Existing investors eBay Inc., Sierra Ventures, and Storm Ventures also participated in the round. Proceeds will fund...
Read More4INFO Closes $14 Million Funding
Mobile advertising company 4INFO, best known for its SMS text messaging service, has secured an additional $14 millionin venture funding from investors led by Paul G. Allen’s Vulcan Capital, Mitsui Global Investment and including prior investors Draper Fisher Jurvetson, Gannett, Mezzanine Capital and U.S. Venture Partners. That brings 4INFO’s total raised to date to $52 million. The company...
Read MoreFashion discovery app Pose lands $3M, expands to Android
Fashion and style discovery platform Pose has closed a Series A financing round totaling $3 million. GRP Partners, True Ventures and Mousse Partners led the round, which will support the growth of the Pose product and grow the firm's development team--in conjunction with the new funding, Pose also will roll out a new application optimized for Google's (NASDAQ:GOOG [2]) Android, joining its...
Read More
