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Page 348

Yimidida takes delivery of series B funds

The logistics platform has raised $44.3m in a series B round that included Global Logistic Properties, the delivery firm that backed its $14m series A+ round this past December.

Jul 17, 2017

Symantec finds Skycure in $250m acquisition

New York Life is set to exit mobile threat detection platform Skycure, which has agreed to an acquisition by Symantec for a reported $250m.

Jul 14, 2017

FanDuel and DraftKings forfeit merger plans

The daily fantasy sports platforms, which counts Alphabet, Comcast, Time Warner, Fox and Kraft Group among their investors, have withdrawn from merger plans agreed in November.

Jul 14, 2017

Roku to greenlight IPO

Roku, which first considered a flotation almost three years ago, is said to have hired underwriters for an initial public offering that could value it at up to $1bn.

Jul 14, 2017

Uber and Yandex Taxi join forces

The ride hailing services will merge operations in six European countries and jointly invest $325m in the new entity at a $3.73bn valuation.

Jul 14, 2017

Fireglass to melt into Symantec

Symantec has agreed to acquire Fireglass, a cybersecurity technology developer backed by Singtel Innov8, for an undisclosed amount.

Jul 10, 2017

Baidu catches Kitt.AI

Baidu has paid an undisclosed amount to acquire Kitt.Ai, an Amazon Alexa Fund-backed AI language technology developer.

Jul 7, 2017

Sienna to scratch IPO itch

Topical skin treatment developer and JLabs graduate Sienna Biopharmaceuticals has filed for a $74.8m initial public offering, after raising $86m in venture funding.

Jul 7, 2017

Jawbone locks up as liquidation process begins

The Deutsche Telekom-backed wearable fitness tracker developer was once valued at more than $3bn, but has now begun liquidation proceedings.

Jul 7, 2017
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