Fundings & Exits

HackerRank raises $30M to match developers with jobs

HackerRank, the skills-based recruiting platform and online coding challenge community, today announced that it has raised a $30 million Series C funding round led by JMI Equity, a fund that specializes in helping software companies scale. Exiting investors Khosla Ventures, Battery Ventures, Randstad and Chartline Capital Partners also participated in this round. As HackerRank co-founder and …

UJET, a startup that wants to speed up customer support, raises $25M led by GV

UJET, a startup that makes software to improve customer support, said today that it’s raised a $25 million Series B led by GV (formerly known as Google Ventures). Other participants in the round include returning investors Kleiner Perkins and DCM Ventures and new backer Citi Ventures. The round brings UJET’s total raised so far to …

Vynn Capital plans maiden $40M startup fund for Southeast Asia

Southeast Asia has a new venture capital fund on the scene after Victor Chua, formerly a vice president at Gobi Ventures, launched Vynn Capital. The Kuala Lumpur-headquartered venture is founded by Chua and Singaporean Darren Chua, previously with IE Singapore, and it is targeting a $40 million total close. Chua declined to say how far advanced the …

Frank and Oak picks up $16 million Series C

Frank and Oak, the direct-to-consumer clothing brand based out of Canada, is today announcing the close of a $16 million USD Series C funding round led by Caisse de dépôt et placement du Québec, with participation from Goodwater Capital and Investissement Québec. Frank and Oak launched in 2012 offering personalized menswear, with a recommendations newsletter …

YapStone is raising $100M to take on PayPal, Stripe and more in marketplace payments

While a part of the fintech world remains abuzz with crypo-talk, a startup that’s built a business around the more traditional world of payments has raised a significant round of funding as it vies to take on the likes of PayPal, Stripe, Adyen and Dwolla. YapStone, which provides payment services to marketplace-style businesses — customers …

nOCD gets $1M seed round to help people with obsessive-compulsive disorder

nOCD, an app created to help people treat obsessive-compulsive disorder, will launch an Android version and add more features after raising a $1 million seed round from early-stage healthcare investment firm 7wire Ventures. The free app guides patients through exposure and response prevention (ERP) exercises, a type of cognitive behavioral therapy that is especially effective …

New project outfits Indonesia’s street vendors with free Wi-Fi and smart tech

Investors in Indonesia have started a new project aimed at digitizing the kiosk shops that adorn the street of capital city Jakarta. Warung Pintar — ‘smart kiosk store’ — helps street vendors revamp their store with a bright and colorful design, and a range of tech that includes a digital POS, free Wi-Fi, an LCD screen, …

Apple joins LG and Valve investing up to $10M in OLED display maker eMagin

Quietly, Apple has been bringing together a number of moving parts in its strategy around virtual and augmented reality hardware; and now one more element of that has come to light. eMagin, a maker of OLED miniature displays, says that Apple, along with LG, Valve, VR entertainment maker Immerex (which now appears to be operating …