Pipeline 2017-10-04 Deals that close


BIG NAME INVESTOR DAY = UNICORN TO POSSIBLE DRAGONS

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IN THE PIPELINE /  IN ON DECK / DEALS THT CLOSE

SoftBank, alongside Dragoneer Investment Group, has agreed to invest between $1 billion and $1.25 billion in Uber at its ~$70 billion valuations. The group would also spend up to $10 billion to buy shares from existing investors at a lower valuation of about $50 billion (i.e. it not closed until the money is in the bank). BOTTOM LINE: Convertible debt with tough terms would have been cooler!

INFINIDAT, an Israel-based independent provider of petabyte-scale data storage solutions, raised $95 million in Series C funding at a $1.6 billion valuation. Goldman Sachs Private Capital Investing led the round, and was joined by investors including TPG Growth.  BOTTOM LINE: Win/Win as those are some amazing investors!

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Roofstock, an Oakland, Calif.-based online marketplace for single-family rental home investing, raised $35 million in Series C funding. Canvas Ventures led the round, and was joined by investors including Lightspeed Venture Partners, Bain Capital Ventures, Khosla Ventures, Nyca Partners, QED Investors, and FJ Labs.

Frame.io, a New York-based collaboration platform for the video industry, raised $20 million in Series B funding, according to TechCrunch. FirstMark Capital led the round, and was joined by investors including Accel Partners, SignalFire and Shasta Ventures

Numetric, an Salt Lake City, Utah-based business intelligence tool provider, raised nearly $13 million in funding. Investors include Insight Venture Partners, EPIC Ventures, Tim Draper, and Aaron Skonnard of Pluralsight.

DISCLAIMER:  This information is provided by AP, Bloomberg, Forbes, Fortune,  preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources.  Please check with the company website as this a beta blog and will not be updated.

 

 

 

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Author: JD Morris

Learn more about JD Biography on LinkedIn: http://www.linkedin.com/in/jdmorris

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