Lyft is a ride-sharing company that has raised $60 million in Series C funding led by Andreessen Horowitz. Lyft plans on using the funding to accelerate growth and to stay competitive against companies like Sidecar and Uber. Existing investors that participated in this round include Mayfield Fund and Founders Fund. Lyft has raised $83 million in total.
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Walmart’s Silicon Valley division @WalmartLabs has announced that they have acquired two startup companies, OneOps and Tasty Labs. OneOps is a cloud computing company and Tasty Labs is a software development company. Tasty Labs was co-founded by Delicious founder Joshua Schachter. Tasty Labs’ two flagship services are Jig.com and Human.io, which are now being redirected to Walmart’s website. The terms of the deal are undisclosed.
Google Ventures has invested in OpenCoin, a company that created a Bitcoin exchange platform called Ripple. Ripple is considered the “world’s first open payment network.” Ripple can also be used to exchange other currencies besides Bitcoin.
Salesforce.com has acquired Clipboard, a website that is similar to Pinterest. Clipboard’s founders said that they will be shutting down the website on June 30th. Existing users will be able to download their data into a personal archive that lets you view your clips and boards offline.
Dwolla is a payments startup company that has raised $16.5 million in Series C funding led by Andreessen Horowitz. Other investors that participated in this round include Village Ventures, Thrive Capital, and Union Square Ventures. Dwolla plans on using the funding to double their staff of 80 members and will be expanding to San Francisco from Des Moines, Iowa.
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Infer is a startup that works on helps companies win more business by offering data-powered decisions around who their highest potential customers are. Infer has announced today that they have raised $10 million in Series A funding, led by Redpoint Ventures. Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures, and several angel investors also participated in this round.