Snapdeal landed cash even though things really suck for Indian startups right now, and another “old media” company bought a chunk of Roku. Here’s the news from the funding front in the tech industry:
Capital Gains: Canadian Teachers Back Snapdeal, Viacom Buys a Stake in Roku
And Giphy is now valued at $300M.
Todd Bernard
- A group of investors that includes the Ontario Teachers’s Pension Plan fund invested $200 million in the Indian commerce startup Snapdeal in a deal that sets the company’s value at $6.5 billion (Wall Street Journal).
- Indigo, a startup that aims to reduce the cost of growing crops by repairing the damage done by pesticides and other pollutants, came out of stealth last week and announced that it had raised $56 million in funding led by Boston firm Flagship Ventures (The Verge).
- GIF search engine Giphy announced that it had raised $55 million at a $300 million post-money valuation in a round led by Lightspeed Venture Partners, alongside a deal with Twitter to implement GIF search. Other investors included General Catalyst Partners, RRE, Betaworks, Lerer Hippeau Ventures and CAA (TechCrunch).
- Viacom was among the companies that participated in Roku’s recent $45.5 million funding round, according to an SEC disclosure. Other media investors in the company include News Corp, Dish and Hearst.
- Chicago-based social media analytics company Sprout Social landed a $42 million investment led by Goldman Sachs (Fortune).
- ZoomData, a company that arranges data into visual presentations, raised $25 million in a Series C round led by Goldman Sachs, with participation from Comcast Ventures, Accel Partners, NEA and Columbus Nova (Fortune).
- Data analysis and operations monitoring startup Wavefront exited stealth and revealed that it had raised $11.5 million in funding led by Sequoia Capital (Silicon Valley Business Journal).
- Verizon Ventures led a $5.5 million Series B investment in the marketing software company Qualia, which merged with the company BlueCava earlier this year (New York Business Journal).
This article originally appeared on Recode.net.
