Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

Capital Gains: LinkedIn Goes to School, Domo Gets to $2 Billion and More

Another week, another unicorn.

Todd Bernard

LinkedIn made its first-ever billion-dollar acquisition, Josh James’ new company came out of stealth with a $2 billion valuation and more funding news from Silicon Valley:

  • The online education startup Lynda.com was acquired by LinkedIn for roughly $1.5 billion. The goal is to help LinkedIn expand its efforts to attract users who are looking for jobs.
  • Domo, the secretive business software company led by Omniture co-founder Josh James, landed a $200 million Series D investment led by BlackRock that sets the firm’s value at $2 billion. Capital Group, Glynn Capital and GGV Capital all participated in the round, which more than doubled the company’s February 2014 valuation of $825 million.
  • The marijuana-focused private equity firm Privateer Holdings just closed a $75 million funding round, including a multimillion-dollar investment from Peter Thiel’s Founders Fund. Privateer’s properties include Tilray, Leafly and the Bob Marley-branded cannabis grower Marley Natural (Fortune).
  • The online tickets retailer SeatGeek raised $62 million in a Series C funding round led by Technology Crossover Ventures. The company last raised $55 million in August 2014 (Wall Street Journal).
  • Cloud software maker CliQr raised $20 million in a Series C round, featuring participation from Polaris Partners, Foundation Capital, Google Ventures and TransLink Capital (Forbes).
  • RedSeal, the network security firm led by ex-National Venture Capital Association president Ray Rothrock, raised $17 million in funding. New investors Tyco, Math Venture Partners, Pallasite Ventures and DRW bring the company’s total funding to $75 million (Silicon Valley Business Journal).
  • The cloud security company Palerra raised $17 million in Series B funding. The investors include August Capital, Norwest Venture Partners, Wing Venture Capital and Engineering Capital (eWeek).
  • The mobile video company Joya raised $5 million in Series A funding from Battery Ventures and Altos Ventures. Two apps Joya developed, FlipLip and Cleo, are among the 40 initial apps on the Facebook Messenger platform (VatorNews).
  • The Israeli-American sales and marketing technology company Folloze raised a $3.3 million early-stage funding round led by NEA, Cervin Ventures and TriplePoint Ventures (Globes).

This article originally appeared on Recode.net.

More in Technology

Podcasts
Are humanoid robots all hype?Are humanoid robots all hype?
Podcast
Podcasts

AI is making them better — but they’re not going to be doing your chores anytime soon.

By Avishay Artsy and Sean Rameswaram
Future Perfect
The old tech that could help stop the next airborne pandemicThe old tech that could help stop the next airborne pandemic
Future Perfect

Glycol vapors, explained.

By Shayna Korol
Future Perfect
Elon Musk could lose his case against OpenAI — and still get what he wantsElon Musk could lose his case against OpenAI — and still get what he wants
Future Perfect

It’s not about who wins. It’s about the dirty laundry you air along the way.

By Sara Herschander
Life
Why banning kids from AI isn’t the answerWhy banning kids from AI isn’t the answer
Life

What kids really need in the age of artificial intelligence.

By Anna North
Culture
Anthropic owes authors $1.5B for pirating work — but the claims process is a Kafkaesque messAnthropic owes authors $1.5B for pirating work — but the claims process is a Kafkaesque mess
Culture

“Your AI monster ate all our work. Now you’re trying to pay us off with this piece of garbage that doesn’t work.”

By Constance Grady
Future Perfect
Some deaf children are hearing again because of a new gene therapySome deaf children are hearing again because of a new gene therapy
Future Perfect

A medical field that almost died is quietly fixing one disease at a time.

By Bryan Walsh