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December 10, 2013
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Southeast Asian online department store Lazada has raised a massive $250 million round led by online retail giant Tesco with participation from Access Industries, Kinnevik, and Verlinvest. Tesco's investment was announced along with its new partnership with Rocket Internet, Lazada's Berlin-based incubator. Founded in 2012, Lazada has already established a strong presence in Thailand, Malaysia, Indonesia, Vietnam, and the Philippines, and has raised over $430 million in funding to date.
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New York-based TV advertising company Simulmedia has raised a $25 million funding round led by previous investors Valiant Capital and R&R Ventures. Simulmedia brings web-like advertising techniques to TV, building the world's first fully-scaled digital ad targeting platform for linear television. Founded in 2009, Simulmedia has raised $58 million in funding to date.
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Since the last email, CrunchBase captured more than 55 rounds and $869 million in fundings... and the data keeps rolling in.
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