Startups fundings: Simulmedia, Flipboard and Lazada can now accelerate their growth.
If unfamiliar,
Connectikpeople recalls that, this rubric is intended to help organizations,
and investors to live in real-time what happens in the startups world; in terms
of fundings, acquisitions, strategic alliances and more. Regarding the emerging
countries, and startups, this is an instrument for them to discover which
Venture Capital or Business angel can fund their projects.
In this dynamic,
Simulmedia (Founded in 2009, New York-based TV
advertising company), has raised a $25
million funding round led by previous investors Valiant Capital and R&R Ventures. This company brings web-like advertising techniques to
TV. Simulmedia has raised $58 million in funding to date.
TV. Simulmedia has raised $58 million in funding to date.
Flipboard (founded in 2012, Palo Alto-based digital social magazine),
has raised $50 million to complete its Series C round with a valuation of $800
million. Funding led by Rizvi Traverse Management with participation from Goldman Sachs, Kleiner Perkins Caufield & Byers, Index Ventures, and Insight
Venture Partners. Flipboard, will use the new funding to continue working on tools for
users to easily build magazine-like content feeds. Flipboard, has raised over
$160 million in funding to date.
Lazada ( Founded in 2012, Southeast
Asian online department store), has raised a $250 million round led by online
retail giant Tesco with participation from Access Industries, Kinnevik, and Verlinvest. Lazada has
already established a strong presence in Thailand, Malaysia, Indonesia,
Vietnam, and the Philippines, and has raised over $430 million in funding to
date.