According to The Wall Street Journal, designer flash sales website Fab.com is raising between $250 million and $300 million. The funding is expected to close in mid-June. Atomico, a venture capital firm created by Skype co-founder Niklas Zennstrom, is leading this round.
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Gengo is a company that works with about 7,500 people to translate 33 languages. The company has raised $12 million in funding, led by Intel Capital. Other investors that participated in this round include Iris Capital, NTT-IP, Saudi Telecom Ventures, Atomico, and Infocomm. Atomico is a returning investor.
Hitting $2.4 Million In Daily Revenues, Supercell Has Raised $130 Million With A $770 Million Valuation
Supercell is known for developing the popular mobile games Hay Day and Clash of Clans. Supercell has raised $130 million in February based on a valuation of $770 million, according to Forbes.com. Last month, Pulse2 reported on a rumor about the funding. The funding was from Institutional Venture Partners, Index Ventures, and Atomico Partners. Accel Partners and other shareholders sold 16.7% of their holdings in the company to new investors.
Supercell is a Finland-based startup mobile gaming company that is known the games Clash of Clans and Hay Day. Supercell generats around $1.3 million per day from the games, up from the $500,000 per day figure that was reported as of this past October. According to sources with TechCrunch, the company is expected to raise around $100 million at a valuation of $800 million.
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Hailo is a service that lets you summon a black cab in London, Boston, Chicago, Dublin, and Toronto. The company has raised $30.6 million in Series B funding led by Union Square Ventures with participation from Japanese telecommunications company KDDI, Richard Branson (founder/chairman of Virgin Group), Phenomen Ventures, Felicis Ventures, Red Swan Ventures, Wellington Partners, and Atomico Ventures. Hailo has raised a total of about $50 million thus far.
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