Investors may be taking time off in some countries, but global venture deals continue rolling in at a steady pace.
So far in July, CrunchBase has captured over $5.8 billion in venture fundings across the globe. U.S.-based companies raised over $3.1 billion in 478 deals.
Chinese companies raised nearly $1 billion in 27 venture deals. Smartphone maker Meizu took in $300 million in a massive Series A round. Continue reading
Editor’s note: This is a repost of a TechCrunch article written by Jon Shieber.
After years of backing headline-grabbing consumer internet deals, it seems that venture capitalists are paying more attention (and more money) to the seemingly staid and stodgy enterprise technology companies (the businesses that sell technology to make businesses work better).
Their mission: to explore new ways of organizing data, to seek out new models for efficiency and security for business customers of all shapes and sizes, and to develop new technologies for marketing and selling on devices that no one has done before.
Investments into enterprise software companies of all stripes are soaring. The amount of capital invested in these startups has already surged to over $5.4 billion in the first half of 2014. That’s roughly the same amount that enterprise-facing companies raised in the entire year for 2013, according to data from CrunchBase.
Easy Taxi, a Rocket Internet-backed taxi calling app popular in the Middle East, Asia, Africa, and Latin America, has raised $40 million in a Series D round led by Phenomenon Ventureswith participation from Tengelmann Ventures. Easy Taxi has 185,000 taxi drivers available on demand via mobile app in 160 cities and 30 countries. Founded in 2011, Easy Taxi has raised $77 million to date and will use the latest funds to advance its technology and continue growth into new countries.
Knowlarity Communications, a cloud telephony startup headquartered in Singapore, has raised $16 million in a Series B round led by Mayfield Fund with participation from existing investor Sequoia Capital. Knowlarity provides voice and data communication services to companies and individuals primarily in India and Indonesia and serves over 6,500 clients in 66 countries. Founded in 2009 in India, Knowlarity has raised over $22 million to date and will use the new cash to fund R&D and international expansion.
Leanplum, an A/B testing service for iOS and Android apps, has raised a $4.8 million Series A round from Shasta Ventures. Leanplum helps developers, product managers and marketers optimize mobile content with its A/B testing service and recently-launched marketing automation feature. Founded in 2012, Leanplum will use the funding to expand its engineering and marketing headcount as well as improve customer service.
In the second installment of the Investor Leaderboard, some familiar names top the charts again. New Enterprise Associates nearly hit for the cycle this week, with seed rounds in Beanstalk Tax and Cotopaxi, a Series A round for Cerecor and a $70M Series D for Nextnav. Also participating in the Nextnav round was Oak Investment Partners, who added a Series A for Freshbooks this week.
The top investor last week, Lightspeed Venture Partners, took the second spot this time with their participation in large rounds for Beijing-based Rong360 and the AppDynamics Series E. Co-investors for that $70M round included Greylock, and Kleiner Perkins among many others.
Early stage venture funding has changed since 2009. For many startups it takes longer to raise a Series A and those rounds are getting larger, according to our data. In response, companies are raising multiple seed rounds since the hurdle to raise a Series A round is higher.
We thought we would look into micro-funds and see who is filling this institutional gap for the startup companies who are in continual fundraising mode.
Here is a list of micro-funds (sub-$50M) raised so far in 2014 as seen in CrunchBase. This list includes firms around the globe who are primarily focused on seed or early stage venture investing. If it’s an inaugural fund, the firm will be tagged as “new.”
Please reach out to firstname.lastname@example.org if you should be added to this list, and we will repost if we have missed a significant number of funds. We will be doing more to analyze early stage fundings based on what we learn from the community and what the data in CrunchBase tells us. If you have anything to add please reach out on Twitter via @geneteare. Venture firms, accelerators, and angel groups can join the CrunchBase Venture Program here.
Photo courtesy of Flickr user Tax Credits.
The venture landscape is constantly shifting. New startups and ideas continue to change the way we think about the future of technology. We are attempting to keep track of these changes by taking a weekly look into venture investment across CrunchBase categories.
This week it was healthcare that made the biggest jump, led by venture rounds from Sancilio, Neograft and DICOM Grid. The eight venture rounds totalling $38.45M far surpassed the $5.35M raised over three rounds last week. Software startups recorded the most funding rounds over the last seven days, including a $70M round for AppDynamics. The 33 total rounds this week is up from the 29 during the week prior.
Travel startups cooled down after seven companies (from six different countries) were funded last week including a notable $80M Series B for FXTrip, based in China. Just three travel startups were funded this week, for a total of only $3.37M.
Five events are featured in this week’s Startup Calendar:
And nine accelerator programs are currently accepting applications:
Read the weekly newsletter for more… To take part in this program as an organization that hosts startup events, visit the Startup Calendar page for guidelines and send us an email at email@example.com. We look forward to hearing from you!