Singtel’s Amobee buys marketing platform Turn

Amobee, the digital advertising company owned by mobile provider Singtel, announced that it will acquire Turn, an online platform for marketers, in a deal valued at $310 million. Silicon Valley-based Turn previously raised more than $160 million in venture funding.

K2 Global raises $183M VC fund

K2 Global, a venture capital firm based in Silicon Valley and Singapore, has raised $183 million for a fund focused on Internet and software startups. The two-year-old firm specializes in U.S. tech companies looking to break into Asia, along with Asian startups eyeing global expansion.

AirMap lands $26M for drone mapping

Santa Monica, Calif.-based AirMap, a provider of software and systems for managing drone air traffic, announced that it closed a $26 million Series B round backed by new investors Microsoft Ventures, Airbus Ventures, Qualcomm Ventures, Rakuten, Sony, and Yuneec. Existing investors General Catalyst and Lux Capital also participated in the round.

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Recent Investments

Mailgun

$50M / Venture

Mailgun is an email automation platform for developers. Along with its newly raised funds, Mailgun announced its spinoff from Rackspace, which acquired Mailgun in 2012.

Categories:

Mountain View · Email · Messaging

Founders:

Ev Kontsevoy, Taylor Wakefield

Investors:

Turn/River Capital (Lead), Scaleworks, Rackspace

Maple Media

$30M / Private Equity

Maple Media is a mobile media, advertising and technology company based in Los Angeles. With six employees, Maple Media manages over 150 apps in the utility, productivity, games and entertainment sectors.

Categories:

Los Angeles

Founders:

Michael Ritter, Clark Landry

Investors:

Shamrock Capital Advisors (Lead)

Tala (formerly InVenture)

$30M / Series B

Tala is a mobile technology and data sceince company that makes micro-loans to entrepreneurs in the developing world, specifically in East Africa and Southeast Asia. The new round will be used to expand into new markets and accelerate its product development.

Investors:

IVP (Institutional Venture Partners) (Lead), Lowercase Capital, Female Founders Fund, + 3 more

More Investments
Company Amount / Round Lead Investor
Monzo 20M GBP / Series C Thrive Capital
Diamanti $18M / Series B
TravelerCar 15M EUR / Series B MAIF, PSA Groupe
Ecrebo 12M GBP / Series B Keith Mills
C3Nano $15M / Series D GSR Ventures
EverQuote $13M / Series B Link Ventures
Voysis $8.0M / Series A Polaris Partners
SlamData $6.7M / Series A Shasta Ventures
Clinc $6.3M / Series A Drive Capital
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Recent Acquisitions

MakieLab

Acquired by The Walt Disney Company

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LiftMetrix Hootsuite
TripScope Travefy
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