Tech Fundings, $152.2 million for Rayneer.tv and Xero: stakes and opportunities.




This midday, Connectikpeople has captured about $152.2 million intended to analyze music preferences and socio-demographic information and build online accounting software and services for small and medium businesses.
Rayneer.tv (Founded in 2011, Zurich-based personalized music television startup), has raised $2.2 million in Series A funding from Zurcher Kantonalbank, Wilmaa.com, and a handful of private investors.
Connectikpeople may recall that, Rayneer analyzes music preferences and socio-
demographic information of users and their friends through social networks and provides a personalized music TV channel via mobile app.
Xero (New Zealand-based accounting software startup ), has raised $150 million in a funding round led by previous investors Valar Ventures (backed by Peter Thiel) and Matrix Partners. Xero will use the capital to continue building out its online accounting software and services for small and medium businesses. Connectikpeople may recall that, Xero has raised over $230 million in funding since its 2006 launch and not yet profitable.

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