Zenefits to halve valuation to stem lawsuits

Zenefits is executing a change in shareholder structure that will increase overall ownership of the company for late-stage investors, TechCrunch reports. The move revalues the benefits automation provider’s Series C round at $2 billion and requires participating investors to sign a release of claims against the company, which has faced regulatory investigations.

Retail software provider Index raises $19M Series B

Index, a provider of analytics tools for retailers, has raised $19 million in a Series B round led by General Catalyst.

Commercial space investing not just for billionaires anymore

The private space industry has been dominated in recent years by companies founded and largely financed by a few passionate billionaires, namely Elon Musk, Jeff Bezos, and Richard Branson. That appears to be changing, with several space startups raising funding in the last few weeks, according to an MIT Technology Review report. The list includes World View, which develops “space balloon” technology, Spaceflight Industries, which organizes launches of small satellites, and Planetary Resources, which has a long-term vision of mining asteroids.

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Recent Activity on CrunchBase

376

Funding Rounds Added

68

Acquisitions Recorded

$937M

Fundings
Captured

16,418

Entities
Updated

Recent Investments

SmartRecruiters

$30M / Series C

SmartRecruiters is a job recruiting platform. The San Francisco-based company has garnered 700 enterprise customers in the past 24 months. SmartRecruiters has raised a total of $55M to date.

Categories:

San Francisco · Enterprise Software · Social Recruiting · Recruiting · SaaS

Founders:

Jerome Ternynck

Investors:

Insight Venture Partners (Lead), BDS Capital, Mayfield Fund

Index

$19M / Series B

Index provides personalization and measurement for customers to brick-and-mortar retailers. Since 2013, the San Francisco-based company has processed $3B in sales. Index’s customers include American Apparel, The Fresh Market, and Fairway.

Categories:

San Francisco · Retail · Enterprise Software · Retail Technology · Personalization

Founders:

Jonathan Wall, Marc Freed-Finnegan

Investors:

General Catalyst Partners (Lead), Robert Gierkink

Woven Digital

$18M / Series B

Woven Digital is a millennial male-focused digital media and content company. The Los Angeles-based company has over 50M monthly users through its three brands Uproxx, Hitfix, and BroBible. Woven recently announced a partnership with Forbes: a new video series centered on stories of millennial entrepreneurs.

Categories:

Culver City · Digital Media · Journalism · Advertising · Content

Founders:

Scott Grimes, Michael Laur

Investors:

WPP Ventures (Lead), Advancit Capital, IVP (Institutional Venture Partners)

More Investments
Company Amount / Round Lead Investor
US HealthVest $50M / Series B Oak HC/FT
Kin Community $14M / Series D Emil Capital Partners
Revinate $13M / Series C Sozo Ventures
Everplans $6.4M / Series A Mousse Partners
Genero $4.0M / Venture
Videoly 313K EUR / Seed
Trillium unknown / Series A Global Brain Corporation
PressPlay unknown / Series A
Razorpay unknown / Venture
All Recent Funding Activity

Recent Acquisitions

Zaption

Acquired by Workday

Higher One

Acquired by Blackboard

More Acquisitions
Company Acquired by Amount
Starz Lionsgate $4.4B
AA Ireland The Carlyle Group 157M EUR
Transition Therapeutics OPKO Health $60M
deltatre Bruin Sports Capital
All Recent Acquisition Activity
 

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Start Date Event Location
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