Google has acquired Wavii, a company that has developed a natural language processing app used for creating status updates for your favorite politicians, gadgets, and celebrities. The value of the transaction is rumored to be at over $30 million, according to TechCrunch. Apparently Apple outbid Google for the acquisition of Wavii.
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Credit Karma has raised $30 million in Series B funding led by Ribbit Capital and Susquehanna Growth Equity. Felicis Ventures also participated in this round. This funding round puts Credit Karma at a total of $33.5 million raised from venture financing. The company plans to use the funding to accelerate their growth and expand into new markets. The funding will also be used to hire more talent and launch new products.
Crowdtilt is a crowdfunding company that spun out from Y Combinator. Crowdtilt has raised $12 million in Series A funding from Sean Parker, Andreessen Horowitz, CrunchFund, DCM, and Felicis Ventures. Before this round, Crowdtilt raised $2.1 million in seed funding this past May from SV Angel, CrunchFund, Paul Buchheit, Alexis Ohanian, Harj Taggar, Garry Tan, DCM, and Felicis Ventures.
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San Francisco based Practice Fusion is an electronic health records company that has acquired a mobile health startup company called 100Plus. 100Plus is a personal health prediction startup company.
Wedding Party is a mobile application company that lets guests, friends, and family members contribute photos to a digital album. They can also add notes that can be added to the couple’s Facebook Timeline. Wedding Party has raised $1 million in seed funding through a round let by New Enterprise Associates and Felicis Ventures. Angel investors that participated in this round also include Pejman Nozad, Ullas Naik, Darian Shirazi, Rich Chen, Zeki and Haroon Mokhtarzada, Doug Pepper, Mark Jung, Kumar Malavalli, Chris Hobbs, Hamid Barkhordar, Sam Ferdows, and Merced Partners.
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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Top Hat Monocle is a Toronto-based education technology company that raised $8 million in Series A funding. Top Hat Monocle’s technology turns a student’s laptop or smartphone into classroom tools. Top Hat has raised $1.1 million as part of a follow-on investment from Felicis Ventures.
Room 77 is a search engine company that helps people find the lowest price on hotel rooms. Based in Mountain View, California, Room 77 has raised $30.3 million in a Series C round of funding. Room 77 has raised a total of $43.8 million. Investors in this round include Expedia Inc., Sutter Hill Ventures, General Catalyst Partners, Felicis Ventures, and Concur Technologies. Other investors that participated in this round include Expedia founder Rich Barton, former Expedia CEO Erik Blachford, and Hotwire co-founder and Zillow CEO Spencer Rascoff. This round of funding will go towards scaling the product.
