Unilever to acquire Dollar Shave Club

They sell a razor for a buck. But if you want the company, it’ll cost a billion. That’s the sum consumer products giant Unilever is reportedly paying to acquire Venice, Calif.-based Dollar Shave Club. The 4-year-old seller of razor blades and male grooming products has to date attracted more than three million members and raised more than $160 million in venture funding.

Sprinklr raises $100M at $1.8B valuation

Sprinklr, a provider of enterprise social media management tools, has raised $105 million in new funding at a $1.8 billion valuation. The round, which brings the New York-based company’s total funding to $239 million, was led by Singapore’s Temasek and joined by Wellington Management Company, EDBI, and existing investors.

Spotify said to aim for IPO next year

Stockholm-based music streaming service Spotify aims to go public in the second half of next year, according to a Bloomberg article citing people familiar with the plan. The 10-year-old company has raised more than $1.5 billion in venture funding to date and secured $1 billion in convertible debt financing in March.

Slack reveals first investments from its internal fund

Slack, the fast-growing workplace communication tool), announced the first investments from its seven-month-old Slack Fund, a vehicle to back companies building products for its platform. The eleven selected companies have raised $2 million from Slack and more than $30 million from other venture investors.

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Recent Investments

Pinduoduo

$110M / Series B

Pinduoduo is an e-commerce platform allowing users to participate in group buying deals, mostly through Tencent’s Wechat app. Launched in September 2015, the Shanghai-based company claims to have attracted 10M users as of January, when its single-day transaction volume surpassed 10M RMB.

Categories:

Shanghai · Group Buying · E-Commerce Platforms

Investors:

New Horizon Capital, Tencent Holdings, Banyan Capital

Sift Science

$30M / Series C

Sift Science predicts and prevents online fraud with machine learning and artificial intelligence. The San Francisco-based company will use the capital to support an expansion beyond retail and e-commece. Sift currently supports more than 6K websites and apps, including Airbnb, Yelp, and Indeed.

Categories:

San Francisco · Big Data · Machine Learning · Fraud Detection · Security · E-Commerce

Founders:

Jason Tan, Brandon Ballinger

Investors:

Insight Venture Partners (Lead), Union Square Ventures, Spark Capital

Capriza

$23M / Series C

Capriza provides an enterprise mobility platform. The Palo Alto-based company has more than 100 enterprise customers spanning 30 industries and 500K users including the City of Los Angeles, DirecTV, and The Linde Group. Capriza has raised $73M to date.

Categories:

Palo Alto · Enterprise Software · Mobile · SaaS

Founders:

Yuval Scarlat, Oren Ariel, Amnon Landan, Ronnen Armon

Investors:

Andreessen Horowitz (Lead), CRV, Tenaya Capital, + 3 more

More Investments
Company Amount / Round Lead Investor
Protean Electric $70M / Private Equity
Zenreach $30M / Series B Founders Fund
Precision Ocular $21M / Series A
Outdoor Voices $13M / Series B General Catalyst Partners
Kiip $12M / Series C North Atlantic Capital
Guideline Technologies Inc. $7.0M / Series A Propel Venture Partners
Eve Mattress 6.9M GBP / Series B
Teamworks $6.0M / Series A Seaport Capital
ZipBooks $2.0M / Seed Peak Ventures
Jolt.us $2.0M / Seed Hillsven Capital
UpWest Labs
ezyCollect $1.2M / Venture Tank Stream Ventures
Pillar Technologies $425K / Seed
All Recent Funding Activity

Recent Acquisitions

Dollar Shave Club

Acquired by Unilever for $1.0B

Confer Technologies

Acquired by Carbon Black

More Acquisitions
Company Acquired by Amount
RelaDyne Audax Group
Enservio Solera Holdings
MobGen Accenture
All Recent Acquisition Activity
 

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