Nucleus, the home intercom system which started shipping in August, has closed $5.6M in Series A Funding. The round was led by Amazon’s Alexa fund, which invests in promising startups that incorporate Alexa’s technology into their product (Nucleus recently added support for Alexa voice functionality). BoxGroup, Greylock Partners, FF Angel, Foxconn, and SV Angel also participated,… Read More
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Nucleus – the home intercom system
Progressly, a new platform for supporting growth within large enterprises, just got a big boost in both money and staffing. Ruslan Belkin, a former top exec from Twitter and Linkedin will be joining the roughly two year old company. With the spotlight drawn, Progressly is taking the opportunity to formally announce a $6 million Series A, led by 8VC, as part of its official coming out… Read More
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Progressly – Business process platform
Gunning to become the top seller of used cars online, Vroom Inc. has raised $50 million in a Series E round of equity funding, bringing its total capital raised to $218 million to-date.
The market for used cars in the U.S. alone surpasses $400 billion annually. According to the Edmunds.com Used Vehicle Market Report retailers sold 38.3 million used cars in 2015 at an average price of… Read More
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French startup StarOfService just raised another $10 million for its European Thumbtack alternative. Andrea Piccioni and Silvio Pagliani, ENERN Investments and Point Nine Capital participated in today’s round, as well as various business angels. When I first covered StarOfService, the company didn’t even try to hide from me that it was a Thumbtack copycat. The main difference is… Read More
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AdStage announced today that it has raised an additional $2 million from Verizon Ventures. The company offers tools for businesses to manage their ad campaigns across Facebook, Google, Bing and elsewhere, and it says it’s currently managing $100 million in quarterly ad spend. CEO Sahil Jain recently told me that his goal is to create a broader marketing platform including content… Read More
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In case you missed it, Aircall announced last week that it had raised another $8 million dollars in funding for its call center software-as-a-service. New York-based VC firm FJLabs as well as existing investors put money into this Series A round. I’m a bit late to the news because last week was TechCrunch Disrupt SF. It’s worth mentioning that because Aircall also participated in… Read More
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Aircall – cloud phone system for teams
Transferwise, one of the biggest online services in the world for money transfers, is launching in Japan today, said CEO Taavet Hinrikus speaking at Tech in Asia Tokyo 2016. The service’s users, made up of businesses and individuals, transfer US$1 billion in cash each month. With better rates and lower fees than the banks and […]
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Japan’s youngest unicorn, Mercari, has dominated the domestic ecommerce space and wants to conquer the US next.
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The Singapore-based premium dating platform plans to ramp up presence in existing markets as well as expand to one new market
Singapore-based dating services provider Lunch Actually has raised an undisclosed 7-digit Series A round from Japanese social media network and publisher of mobile game Monster Strike mixi; and ASX-listed Singapore-based VC Fatfish.
The newly-raised capital will be used to increase its presence in existing markets — Singapore, Malaysia, Thailand and Indonesia — as well as expand to one new market in Asia. In addition, it will be ramping up marketing and hiring efforts.
First established in 2004, Lunch Actually operates a suite of dating services including its bread-and-butter dating consultation service, online matchmaking platform esync, and dating app LunchClick.
It made two acquisitions in the past two years including dating app Love Out Loud Asia (LOLA) and Thailand matchmaking company MeetNLunch.
Lunch Actually claims to have more than half a million users and a five-fold revenue growth since 2011.
Despite its optimistic outlook, the dating company attracted controversy in the online community over claims of poor customer services and hard-sell tactics.
Lunch Actually, however, vehemently defended itself in an exhaustive article on Vulcan Post.
Image Credit: LunchActually
The post Lunch Actually bags 7-digit Series A from Fatfish and a Japanese social network appeared first on e27.
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