Startups Posts

IFTTT raises $30 million in funding

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IFTTT (If This Then That) is an automation startup that has raised $30 million in Series B funding led by Norwest Venture Partners. The company has raised a total of $39 million. Norwest Venture Partners general partner Josh Goldman will be joining IFTTT’s board of directors. IFTTT is planning to double its engineering team. IFTTT will also move into a larger office.
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KKBOX raises $104 million

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KKBOX has raised $104 million in funding from Singapore GIC. The Taiwan-based music streaming service said that the funding will be used to develop its technology platform and services. It will also expand into oversea markets.

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Pluralsight raises $135 million in Series B

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Pluralsight is an online training service for technology professionals that has raised $135 million in Series B funding. Pluralsight has raised a total of $165 million in total. This round of funding was led by existing investor Insight Venture Partners with participation from ICONIQ Capital and Sorenson Capital.

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Nutanix raises $140 million in funding

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Nutanix, a web-scale converged infrastructure company, has raised $140 million in Series E funding with a valuation of over $2 billion. Nutanix has raised a total of $312 million. Nutanix will be using the funding to invest in sales, research/development, and customer support.

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Report: Snapchat now has a $10 billion valuation

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Snapchat has reportedly received $20 million in funding from Kleiner Perkins Caufield & Byers. This round of funding is reportedly giving Snapchat a $10 billion valuation. Several weeks ago, there were rumors that Chinese e-commerce company Alibaba was interested in putting money into Snapchat. Snapchat reportedly turned down $3 billion from Facebook.

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Job listing website ZipRecruiter raises $63 million

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ZipRecruiter is a job listing website based in Santa Monica that makes tasks easier for recruiters that has raised $63 million in funding. ZipRecruiter users can simultaneously post job listings to 50 different websites like Monster, Indeed, and Craigslist.

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Google Inc (GOOG) buys visual effects company Zync

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Google Inc (NASDAQ:GOOG) has acquired a visual effects cloud company called Zync. Zync worked on movies like Star Trek and Looper. The terms of the deal were undisclosed.

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HubSpot files for $100 million IPO

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HubSpot, a marketing automation company, has filed an S-1 document with the U.S. Securities and Exchange Commissions (SEC) to go public and raise $100 million. HubSpot will trade under the “HUBS” symbol on the New York Stock Exchange.

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