Startups Posts

MediaFire launches iPad app

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MediaFire is a file-hosting service that has launched an iPad app. MediaFire stores media on any device you have, which can be accessed through Windows, OS X, iPhone, Android, and on the Internet. MediaFire is used by over 30 million people every month.

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Display Ad Tech Company AdRoll Raises $70M In Series C

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AdRoll is an online advertising retargeting company that has raised $70 million in funding in Series C funding. AdRoll plans to use the funding for acquisitions and to expand globally. AdRoll has now raised a total of $89 million.
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Preact raises $4.6 million

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Preact has raised $4.6 million in Series A funding led by Trinity Ventures. Preact has released a new software platform that uses behavioral science, machine learning, and big data.

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Airbnb closes $500 million in funding with $10 billion valuation

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According to TechCrunch, Airbnb, has closed on a $500 million round of funding led by private equity firm TPG with a $10 billion valuation. Airbnb is a fast growing website that lets users rent out their properties to make some extra cash and allow travelers to save some money. Airbnb has raised a total of $826 million. It is believed that Allen & Co. helped put together this round for Airbnb.

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Dropbox acquires photo app Loom, integrating it into Carousel

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Cloud storage company Dropbox has acquired Loom for an undisclosed amount of money. Loom’s user base will be rolled into Dropbox’s new Carousel app by May 16 and Loom will be shut down after that. Loom is no longer accepting new users. Loom’s 8-person team will be joining Dropbox to work on Carousel.

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Zoosk files for $100 million IPO

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Zoosk is a dating website that plans to raise $100 million in an initial public offering (IPO) on the New York Stock Exchange with the symbol “ZSK,” according to an S-1 document that was filed with the U.S. Securities and Exchange Commission.
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Map app company Citymapper raises $10 million in funding

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Citymapper is a mapping app company that helps people figure out public transportation in large cities. The company has raised $10 million in Series A funding led by Balderton Capital with participation from Connect Ventures, Index Ventures and Greylock Partners.

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Lending Club raises $115 million, buys Springstone for $140 million

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Lending Club is an online market company that connects borrowers and loan providers with each other. Lending Club has raised $115 million in funding and has acquired Springstone for $140 million in cash and stock.

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