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Page 371

Altibbi gets $6.5m cash injection

The digital health platform has raised $6.5m in a round backed by Al Rashed and Sons unit Rimco Investments, and will use the funding for regional expansion.

Oct 6, 2017

Microsoft revives AltspaceVR

Microsoft has acquired the Comcast, Tencent and Alphabet-backed social VR developer, saving it from shutting down and allowing it to continue its previous work.

Oct 6, 2017

AVP takes care of UrbanSitter in $17m series C

Childcare service provider UrbanSitter took its overall funding to $40m with a round led by the corporate-affiliated Advance Venture Partners.

Oct 6, 2017

Legal & General puts cash into SalaryFinance

The insurance firm, which formed a fintech division in July, has co-led a $52.3m round for SalaryFinance, which provides software that boosts employee financial health.

Oct 6, 2017

Nissay Capital funds fashionable Lifestyle

Nippon Life-backed Nissay Capital has returned to back a $6.6m round for Lifestyle Design, the operator of custom fashion e-commerce platform LaFabric.

Oct 6, 2017

Secret Escapes schedules $111m series D

GV-backed online travel marketplace Secret Escapes has collected $111m in equity and debt financing from investors including Singapore state-owned Temasek.

Oct 6, 2017

Rhythm Pharmaceuticals rides to $120m IPO

The Pfizer and Ipsen-backed metabolic disorder drug developer floated above its range and saw its share price rise more than 75% on its first day of trading.

Oct 6, 2017

NYU-backed accelerator sources participants

New York University has partnered venturing fund Rethink Education and trade advisory network StartEd for the accelerator, which could lead startups to a $170,000 follow-on investment.

Oct 6, 2017
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