Monthly Market Momentum

Monthly Market Momentum

Venture capitalists put on their SaaS-y costumes just in time for Halloween, as investments for SaaS companies increased by 38% this month over last. The 43 total rounds were the most since May.

SnapLogic scored the largest round with a $20M Series D led by Ignition Partners with participation from four other investors including Andreessen Horowitz. A16z, Ignition and Triangle Peak Partners had also previously invested $20M back in 2o12 for the integration platform’s Series C round. The new growth money will be used mainly to fund sales and marketing.

Albuquerque-based SambaSafety raised a $16.4M round from Main Street Capital for its risk management software for car and truck fleet owners. The startup’s first round was enough to place among the top 10 funded startups from Albuquerque, and the first venture-backed SaaS company in the city according to CrunchBase. The top SaaS investor in 2014, Bessemer Venture Partners, tallied its 10th investment to date in leading a $3.5M seed round for Abacus Labs of New York.

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CrunchBase Graph Notes

CrunchBase Graph Notes

Personal finance tech is blowing up this week, as wealth management and investment services startups Personal Capital and Wealthfront both recorded large Series D rounds to total $114 million in venture funding since Monday.

Venture investments recorded this week alone add up to over a third of last quarter’s total, the highest quarterly amount captured by personal finance startups to date.

Ribbit Capital, a financial services-focused investment firm and recent Wealthfront backer, seems to have the market figured out.

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CrunchBase Graph Notes

CrunchBase Graph Notes

India’s tech scene saw a huge influx of cash on Monday as Japanese investment firm SoftBank announced it would pour over $800 million into deals for e-commerce platform Snapdeal and on-demand taxi service Olacabs.

This may be a new endeavor for SoftBank, as it seeks out the Alibaba of the Indian market, but the massive funding follows a pattern of mega-rounds that consistently skew venture investment totals out of India.


Last quarter’s funding totals reached a record high for India-based startups, with $1.6 billion invested in 70 venture deals. Yet $1 billion of this total represents Flipkart’s latest tranche of funding.

With a combined eight late-stage rounds announced in the past two years, investments for Flipkart and Snapdeal alone comprise nearly $2.8 billion of a total $5.3 billion raised by India-based startups since 2013. Continue reading

Startup Calendar for October 28th

Seven 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 events@crunchbase.com. We look forward to hearing from you!

Venture Investors Splurge On Real Estate Tech

Venture Investors Splurge On Real Estate Tech

Editor’s Note: This is a repost of a TechCrunch article by Christine Magee.

Investments in real estate tech are on the upswing in the wake of some billion dollar exits this year.

Following Zillow’s acquisition of Trulia for $3.5 billion in July and News Corp’s $950 million purchase of Realtor.com-parent Move Inc. in September, venture investors are more eager than ever to get in on the market, putting up nearly $300 million in over 30 venture deals for real estate tech startups in the past quarter.

This is more than double the investment total previously captured in a single quarter, capping off a year of uncharacteristically heavy investment in the space.

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Sequoia Goes Even More Global In A Year Of Firsts

Sequoia Goes Even More Global In A Year Of Firsts

Editor’s Note: This is a repost of a TechCrunch article by Christine Magee.

Sequoia Capital has long been dominant in the U.S. venture scene (and more recently in Asia), topping the charts for most investments made worldwide and ranking 3rd for most exits of all time.

But lately, Sequoia has set its sights on breaking into new international markets. In the past year, the Silicon Valley veteran has closed more deals and invested more venture money into regions outside of its comfort zone than ever before.

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CrunchBase Graph Notes

CrunchBase Graph Notes

Venture investors are raising the stakes, choosing to ignore warnings that the good times won’t last forever and betting bigger than ever in a slew of massive early-stage venture rounds this week.

Mystery company Magic Leap raised over half a billion on Tuesday in the largest Series B round on record, followed by Koudai’s second-largest Series C round to date announced on Thursday.

With help from Mirantis‘ and Tokopedia’s $100M rounds announced on Wednesday, startups have collectively raised over $2 billion in venture funding in the past 5 days to capture the third highest weekly investment total this year.

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