More than $1.788B as strategic funding pour in the digital economy last week




The state of the digital economy last week features the quality of funding, and the determination of investors who have been seduced inter alia by: consumer lending platform; ridesharing app; mobile banking; e-commerce , mobile apps for videos and more.

Within this trend, Connectikpeople.co has captured for you:

$34M / Series C for
Craftsvilla , an Indian online marketplace for ethnic merchandise such as saris, jewelry, and musical instruments. The company plans to launch its own private-label brand as well as expand into new verticals, including food and herbal items.
Investors include: Nexus Venture Partners, Lightspeed Venture Partners, Global Founders Capital, and more.

$275M / Series B for
Earnest,  a consumer lending platform for student and personal loans. In addition to this $75M in equity, the company raised $200M in debt led by New York Life.
Investors include: Battery Ventures (Lead) ; New York Life Insurance Co.

$75M / Series B for
Datto that provides backup and disaster recovery services for small to medium sized businesses. The company has raised $100M in total funding across two rounds.
Investors include: Technology Crossover Ventures (Lead).

$500M / Series F for
Ola, an Indian ridesharing app that connects consumers with taxis, auto rickshaws, and carpooling services. The latest round of financing was led by new investor Baillie Gifford.
Investors include: Baillie Gifford (Lead), DST Global, SoftBank Telecom Corp, Tiger Global Management and more.

$12M / Series A for
Align Commerce that is using blockchain technology to create a cross-border payment tech for small and medium-sized businesses.
Investors include: Kleiner Perkins Caufield & Byers (Lead), Digital Currency Group, Recruit Venture Partners, Pantera Capital and more.

$8.0M / Series A for
Joyable, that helps users overcome social anxiety with a series of interactive cognitive behavioral therapy exercises that they can complete when they have time.
Investors include: Thrive Capital (Lead) ; Harrison Metal.

$128M / Venture for
Atom Bank , a mobile banking startup that's targeting consumers between the ages of 18-34. The company says that this round of financing will be the last before going public in early 2016.

Investors include: BBVA (Lead), Toscafund Asset Management.

$100M / Series D for
Deliveroo that offers on-demand food delivery from premium restaurants. Founded in 2013, the company has raised to $200M.
Investors include: Greenoaks Capital (Lead), DST Global (Lead), Hummingbird Ventures, Accel and more.

$27M / Series C for
Placester, an online real estate startup that provides services for agents and brokers. the company has raised $50M to date.
Investors include: New Enterprise Associates (Lead), Romulus Capital (Lead).

$350M / Series B for
Jet; an e-commerce company that lets consumers shop for a wide variety of items. The latest round values the company at $1.35B post-money.

Investors include: Fidelity Investments (Lead), Google Ventures, Alibaba Capital Partners, Bain Capital Ventures

$200M / Series D for
Yixia Tech, a Beijing-based maker of MiaoPai, an app that lets users shoot, edit, and share 10 second videos. The company has raised $250M in total funding.
Investors include: Sina Weibo (Lead), YG Entertainment, Sequoia Capital.

$12M / Series B for
Fever, a mobile app that provides users with a curated list of local events based on their preferences. It is available in Madrid, New York City, Valencia, and Barcelona.
Investors include: 14W, Accel, Fidelity.

$22M / Venture for  
Crunchyroll ; an anime-focused video service that produces content including Naruto Shippuden and Sailor Moon. 

Investors include: Otter Media (Lead)

9.5M GBP / Series C for
SportPursuit, a UK-based flash sales site for outdoor and sports gear. Investors include: Scottish Equity Partners (SEP), Grafton Capital, Draper Esprit.

$8.0M / Series B for
Sidecar, machine learning technology that leverages big data to deliver programmatic marketing decisions for e-commerce companies. Founded in 2010, Sidecar has raised $15.1M to date.

Investors include : Ascent Venture Partners, Osage Venture Partners, Sashi Reddi.

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