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Page 774

Fastly to deliver initial public offering

Edge cloud platform Fastly has hired Bank of America to oversee an IPO valuing it at $1bn which would provide exits for Swisscom, Deutsche Telekom and O’Reilly Media.

Mar 21, 2019

Prudential makes Point in $122m round

Home equity investment service Point has raised $22m in series B funding from investors including Prudential and Bloomberg, and $100m in platform financing.

Mar 21, 2019

Starbucks pours $100m into Valor fund

Valor Siren Ventures I has signed up Starbucks as a cornerstone investor as it seeks to close its fund at $400m to back food and retail technology developers.

Mar 21, 2019

Ojo Labs gets $45m result

The real estate-focused chatbot developer has now raised more than $71m in total, having secured series C funding from investors including Realogy, Royal Bank of Canada and Northwestern Mutual.

Mar 21, 2019

Propel smooths Ease's way to $19m

Ease, the HR enrolment and benefits software provider formerly known as EaseCentral, took its total funding to almost $28m in a Propel Venture Partners-backed series B round.

Mar 21, 2019

Peerfit works out $18m investment

Virgo Investment Group has invested $18m in the PAR-backed online fitness platform in the form of series C funding, bringing its overall equity financing to $41m.

Mar 21, 2019

OSF Ventures coasts to LRVHealth fund

OSF Ventures, OSF Healthcare's corporate venturing unit, has backed healthcare-focused VC firm LRVHealth's fourth fund, which had set a $100m target for close.

Mar 21, 2019

IBC’s Steager makes strides to Anthem

Eric Steager, formerly managing director at Independence Blue Cross’ Strategic Innovation Portfolio unit, has taken a vice-president of corporate venture capital position at Anthem.

Mar 21, 2019

ISU plots business incubator

Plans have emerged for an Illinois State University-run incubator offering broader entrepreneurial supports than a previous scheme closed in 2016.

Mar 20, 2019

Wish yearns for $300m in new round

General Atlantic and a range of unidentified backers are exploring a $300m investment in Wish that would value the Legend Capital-backed e-commerce marketplace at $11bn pre-money.

Mar 20, 2019
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