Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Scottish tech titan Skyscanner raises $192 million to grow its travel search engine globally
Skyscanner, one of the oldest and largest flight search engines on the Web, has raised its first major round of funding, to the tune of £128 million ($192 million).
Before today’s announcement, Skyscanner’s biggest investor had been Scottish Equity Partners, which previously plowed $4 million into the company. Sequoia had also invested an undisclosed amount in a secondary round back in 2013, purportedly valuing Skyscanner at $800 million. There are five new participants in this latest round: Artemis, Baillie Gifford, Khazanah, Vitruvian Partners, and, somewhat interestingly, Yahoo Japan, which is already a strategic partner for Skyscanner in Japan.
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App monitoring company Datadog takes on $94.5 million
Datadog, a company with a cloud service for monitoring the performance of applications and their underlying infrastructure, is announcing today a $94.5 million round of funding — a hefty pile of money considering that the company revealed a $31 million round less than a year ago.
Iconiq Capital led the new round in Datadog, with participation from Amplify Partners, Contour Ventures, Index Ventures, and OpenView Venture Partners. To date, the company has taken on nearly $148 million in funding.
Grindr bootstrapped for 7 years before landing today’s $93 million investment
In a period when venture capital investment seems to be flowing like champagne at an oil tycoon’s yacht party (though perhaps not for much longer), Grindr is a refreshing exception — and, arguably, a beacon of hope for tomorrow’s startups.
The gay dating app’s founder and CEO, Joel Simkhai, announced today that the startup has secured a $93 million investment from Chinese gaming giant Beijing Kunlun Tech Company — in return for a 60 percent stake — valuing Grindr at $155 million.
Vivino raises $25M round, led by Moet Hennessey’s CEO, for its wine discovery app
Finding a good wine to pair with your food can be difficult, but that’s what Vivino is banking on. It specializes in technology to turn you into a wine connoisseur, and its success has attracted the attention of investors outside of the United States. The company disclosed today that it has raised a $25 million series B round led by SCP Neptune International, the investment arm of Moet Hennessy’s global CEO Christophe Navarre.
To date, the company has raised $37 million in funding, including a $10.3 million series A round in 2013.
Evergage raises $10 million series B, targets real-time web personalization
Evergage, a website personalization vendor, is announcing today that it has raised $10 million in series B funding.
The new round was led by Arrowroot Capital, joined by existing investors G20 Ventures and Point Judith Capital.
This list will be updated with breaking funding news all day. Check back for more.
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