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Fundings and Exits

Porch Acquires Mobile Advice Marketplace Fountain

The Seattle-based online home services platform Porch.com today announced that it has acquired Fountain, a service that connects Internet users with doctors, lawyers, mechanics, tech support and other experts through video chats, texts and annotated photos. Fountain was co-founded by Aaron Patzer, who is best known for founding and leading Mint.com. Patzer, who was also Fountain’s CEO, will not join Porch, ... Read More »

Uber Refueling Its Warchest Yet Again, At A Valuation Of Up To $70BN

Another month, another billion for Uber… The ride-hailing business is reportedly raising yet again — planning to raise close to $1 billion in new investment according to the NYT citing “people close to the matter”, with investors looking at a valuation of between $60 billion and $70 billion for the six-year-old startup. If the NYT’s report is on the money, it comes mere ... Read More »

Hermo, One Of Southeast Asia’s Top Beauty Sites, Lands $2M Series A

Shopping for beauty products should be relaxing, but anyone who has visited a makeup counter knows that you often weather a deluge of upselling before finally escaping with a purchase. Hermo, a Malaysia-based e-commerce site, wants to make cosmetics shopping fun for customers in Southeast Asia. The site, which also operates in Singapore and is planning to expand into Indonesia ... Read More »

Segment Raises $27 Million For Its “One API To Rule Them All”

Segment, a Y Combinator-backed startup that allows businesses to use a single API for event tracking in order to send data to hundreds of different tools and databases, including Google Analytics, MailChimp, KISSmetrics, Omniture, Mixpanel, Quantcast, Flurry, and much more, today announced an additional $27 million in Series B funding, led by Thrive Capital. Existing investors Accel Partners, Kleiner Perkins ... Read More »

Box Spikes 6% On News That CEO Aaron Levie Recently Purchased 15,000 Shares

Shares of Box, an enterprise collaboration shop, traded sharply higher today following news that the company’s CEO, Aaron Levie, recently purchased 15,000 shares. At a price, according to an SEC filing, of $11.1 per share, the dollar amount of the trade is not large, but its impact has been more than symbolic. Disclosure of the $166,500 purchase helped push shares of Box ... Read More »

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