Index Ventures Posts

Just Eat’s market capitalization set at over $2.4 billion

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Just Eat is an online restaurant delivery company that has priced its initial public offering at 260 pence per share, which gives the company a market cap of £1.47 billion ($2.44 billion). Just Eat operates websites and mobile apps that lets users order food from local takeout restaurants. The IPO is expected to raise as much as £387.1 million if an over-allotment option is used in full. Just Eat said it would receive £100 million from the fundraising.
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Hadoop vendor Hortonworks raises $100M

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Hortonworks is a Hadoop vendor company that has raised $100 million in a new round of funding led by BlackRock and Passport Capital along with existing investors Dragoneer Investment Group, Tenaya Capital, Benchmark Capital, Index Ventures, and Yahoo! The new round of funding will be used for increasing its engineering efforts, scale operations, and growing the ecosystem. Hortonworks raised a total of $198 million in funding since launching in the middle of 2011.
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Socialbakers receives $26 million in funding

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Socialbakers is a social media analytics startup that is based in Prague and was founded in 2009. Socialbakers has received $26 million in Series C funding led by Index Ventures, with participation from existing investor Earlybird Venture Capital. Socialbakers tripled revenues in the last year and launched an ad analytics platform. The company also added over 1,000 customers and hired their first CMO.

 

Datadog raises $15 million in funding

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Datadog is a startup that focuses on monitoring company workloads that run on Amazon Web Services. Datadog has raised $15 million in Series B funding led by OpenView Venture Partners. Existing investors Index Ventures, RTP Ventures, Amplify Partners, IA Ventures, Contour Venture Partners, NYCSeed and RRE Ventures also participated in this round. Datadog has raised a total of $22.5 million. Datadog plans to use the funding to expand their infrastructure. Datadog added over 30,000 servers under management in this past year. Some of their customers include Coursera, HP Cloud Services, Intel, and Salesforce.com.
[Source: GigaOM]

SoundCloud raises funding at $700 million valuation

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SoundCloud is a startup where users upload and share music. The company has raised a new round of funding with a $700 million valuation. The company raised over $60 million in funding from Institutional Venture Partners and the Chernin Group, according to sources with The Wall Street Journal.

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Adallom raises $15 million

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Adallom is a security software company that has raised $15 million in Series B funding. This round of funding was led by Index Ventures.
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KKR And Index Ventures Buys $25M Shares From Early Employees At Sonos

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Sonos, the home audio systems company, has received $25 million in a new round of funding, according to Fortune.  This money won’t actually be plugged into the company for increasing resources.  Instead, it will be used for buying out shares from early employees.

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Flipboard Raises $50 Million In Funding From Rizvi Traverse and Goldman Sachs

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Flipboard is a social network and magazine-format application that works on Android, iOS, and BlackBerry 10.  Flipboard grabs content from social media and other websites, then presents it in a magazine format.  Users can flip through social networking feeds and feeds from websites that are partnered with Flipboard.  Flipboard has raised $50 million in a new round of funding led by Rizvi Traverse Management and Goldman Sachs, according to AllThingsD.
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