BuzzFeed and Vox Media both raised money from NBCUniversal, Uber surged past the $51 billion mark, and more startups raised big dollars. Here’s what happened:
Capital Gains: Uber and Alibaba Make Their Big India Moves, Visa Backs Stripe and More
Also, BuzzFeed and Vox Media each landed big money from NBCUniversal.
Todd Bernard
- In May, Re/code reported that Stripe was getting an investment that would set its value at $5 billion, but we didn’t know who it was coming from. The missing name was Visa, which is also inking a commercial agreement with the digital commerce startup.
- Uber recently committed to investing $1 billion in India, and it has just closed a $1 billion round at a $51 billion valuation that will likely be spent on growing its business there. Investors reportedly include Times of India owner Bennett Coleman and Co. and Microsoft.
- Snapdeal, the second-largest digital commerce startup in India, raised $500 million from Alibaba, iPhone manufacturer Foxconn and SoftBank.
- A new unicorn has been born: The fantasy sports service DraftKings raised $300 million at a valuation of more than $1.2 billion, and it’s going to spend a lot of that money on ads at Fox Sports.
- NBCUniversal is set to inject $250 million in BuzzFeed at a $1.5 billion valuation, and it’s also talking about investing an undisclosed sum in Re/code proprietor Vox Media at an $850 million valuation.
- Github, an online repository for software that’s widely used by developers, raised $250 million at a $2 billion valuation. In 2012, the company got $100 million from Andreessen Horowitz, giving it $350 million in total (Wall Street Journal).
- The cloud-based communications service Twilio raised $130 million in a Series E round that makes the company worth more than $1 billion (Fortune).
- The luxury travel service Secret Escapes landed a $60 million investment with participation from investors including Index Ventures, Google Ventures and Octopus Investments (TechCrunch).
- Predictive marketing software maker Radius Intelligence raised $50 million in a Series D led by Founders Fund, with the addition of new investor Salesforce Ventures, among others (Wall Street Journal).
- Light, a startup that makes camera technology for smartphones, raised $25 million in a Series B round led by Formation 8, giving the company about $35 million in total funding (Forbes).
- Occipital, a 3-D hardware and software maker, raised $13 million from Intel Capital, Shea Ventures Grishin Robotics and Foundry Group (VentureBeat).
- Fuisz Media makes interactive video ad technology, and after raising a $2 million seed round last year, the company has landed a $10 million Series A investment led by Evolution Media Partners.
This article originally appeared on Recode.net.
