• Asian streaming startup M17, still recovering from a failed IPO, raises another $25M

    5 days ago - By Tech Crunch

    M17, the Taiwanese streaming company that controversially priced on the NYSE but didn't list , has returned to the private markets after it raised a $25 million funding round.
    The round was led by Terry Tsang - CEO of Hong Kong-based games company Madhead - with participation from Pavilion Capital, Stonebridge Ventures and existing investors. This new investment follows a $35 million investment in June , which came just a week after the botched IPO. There's likely more coming: M17 said it expects to receive “additional funding” in the next two months.
    When it filed to go public back in...
    Read more ...

     

  • LeanIX, the SaaS that lets enterprises map out their software architecture, closes $30M Series C

    6 days ago - By Tech Crunch

    LeanIX , the Software-as-a-Service for ‘Enterprise Architecture Management', has closed $30 million in Series C funding.
    The round is led by Insight Venture Partners, with participation from previous investors Deutsche Telekom Capital Partners , Capnamic Ventures, and Iris Capital. It brings LeanIX's total funding to nearly $40 million since the German company was founded in 2012.
    Operating in the Enterprise Architecture space, previously the domain of a company's IT team only, LeanIX's SaaS might well be described as a “Google Maps for IT architectures”.
    The software lets enterprises map...
    Read more ...

     

  • Taiwan-based travel startup AsiaYo raises $7M Series B led by Alibaba Taiwan Entrepreneurs Fund

    6 days ago - By Tech Crunch

    AsiaYo , a travel accommodation booking platform based in Taipei, Taiwan, has raised a $7 million Series B led by Alibaba Taiwan Entrepreneurs Fund, a non-profit initiative run by the Chinese e-commerce giant, and China Development Financial. Darwin Ventures and Delta Ventures also participated in the round, which brings AsiaYo's total raised since its launch in 2014 to $10 million, including a $3 million Series A.
    Founded by CEO C.K. Cheng, AsiaYo has grown over the past four years to a team of about 100 people and now claims about 300,000 members on its site. In addition to Taiwan, the...
    Read more ...