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April 12, 2017
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Startup investment picks up in Q1
Funding for U.S. startups ticked up in the first quarter of this year, with investment holding up at historically high levels across all stages, according to a preliminary analysis of Crunchbase data. However, funding totals are still below the highs set several quarters ago, a [Crunchbase News analysis found](.
Lyft raises $600M at $7.5B valuation
[Lyft]( announced that it [has closed]( on $600 million in new capital at a $7.5 billion post-money valuation. Backers include existing stakeholders Rakuten and Janus Capital along with new investors AllianceBernstein, Baillie Gifford, KKR, and Canada’s Public Sector Pension Investment Board.
Qualtrics secures $180M for business analytics
Business analytics provider [Qualtrics]( has raised $180 million in a new funding round led by Insight Venture Partners and Accel, with participation from Sequoia Capital. The new round values the 15-year-old, Provo, Utah-based company at $2.5 billion, up from around $1 billion in late 2014.
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Recent Activity on Crunchbase
[622](
[Funding Rounds Added](
[255](
[Acquisitions Recorded](
[$1.6B](
[Fundings
Captured](
[16,466](?utm_source=cb_daily&utm_medium=email&utm_campaign=20170412&utm_content=recent_activity&utm_term=entities&send_email={EMAIL})
[Entities
Updated](?utm_source=cb_daily&utm_medium=email&utm_campaign=20170412&utm_content=recent_activity&utm_term=entities&send_email={EMAIL})
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Featured Searches and Lists
Name Type Entries
[2017 Q1 U.S. based acquisitions (venture backed)]( Companies 227
[2017 Q1 U.S. venture funding]( Companies 869
[SaaS companies that raised $1-10M in last year]( Companies 470
[More Featured Searches and Lists](
[ ]
Recent Investments
[Lyft](
[$600M]( / [Series G](
Lyft is a peer-to-peer transportation platform. The San Francisco-based company has raised $2.6B in total funding to date.
Categories:
San Francisco · Transportation · Ride Sharing · Mobile Apps · Peer to Peer
Founders:
[John Zimmer]( [Logan Green]( [Rajat Suri](
Investors:
[AllianceBernstein]( [Baillie Gifford]( [KKR & Co. (Kohlberg Kravis Roberts & Co.)](
[NetEase Cloud Music](
[750M CNY]( / [Series A](
NetEase is an online music platform in China. The round puts the company’s valuation at ¥8B.
Investors:
[Shanghai Media Group]( (Lead), [Creative Industry Private Equity Fund]( [CICC Jiatai Fund]( [+ 1 more](
[Tegile Systems](
[$33M]( / [Series E](
Tegile provides hybrid and flash storage arrays for enterprise applications. The Newark, Calif.-based company reportedly has a 110% YoY increase in revenue.
Categories:
Newark · Hardware · Flash Storage · Data Storage · Virtualization
Founders:
[Rohit Kshetrapal]( [Rajesh Nair](
Investors:
[Western Digital Technologies]( (Lead), [Meritech Capital Partners]( [Capricorn Investment Group](
More Investments
Company Amount / Round Lead Investor
[takealot.com]( 960M ZAR / Venture [Naspers](
[Plume Design Inc.]( $28M / Series A [Comcast](
[Synack]( $21M / Series C [Microsoft Ventures](
[ORBITAL SYSTEMS]( 15M GBP / Series B –
[FretLink]( $6.4M / Series A –
[Cleanly]( $5.0M / Series A [AddVenture](
[Beamery]( $5.0M / Series A [Index Ventures](
[Fleet Space Technologies]( 5.0M AUD / Series A [Blackbird Ventures](
[All Recent Funding Activity](
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Recent Acquisitions
[Indie Hackers](
Acquired by [Stripe](
More Acquisitions
Company Acquired by Amount
[CreativeBug]( [Jo-Ann Fabric and Craft Stores]( –
[All Recent Acquisition Activity](
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Upcoming Tech Events
[DockerCon 2017](
April 17-20, 2017 in Austin
DockerCon 2017 is a multi-day Docker-centric conference organized by Docker, Inc.
[Landmark CIO Summit](
May 4, 2017 in New York
Enterprise CIOs / CTOs / CISOs convene to explore Transformation through Strategic Innovation!
More Events
Start Date Event Location
Apr 18, 2017 [TechDay New York 2017]( New York
Apr 19, 2017 [IoT Tech Day 2017]( Utrecht
Apr 18, 2017 [Digiday Brand Summit 2017]( Charleston
Apr 19, 2017 [Connected Car Insurance Europe 2017]( London
Apr 20, 2017 [Goal Summit 2017]( San Francisco
Apr 18, 2017 [Unmanned Systems Asia 2017]( Singapore
Apr 27, 2017 [Blockchain: Out of the Labs]( San Mateo
[More Upcoming Events](
Accelerator Deadlines
Date Accelerator Location
Apr 14, 2017 [Blue Startups]( Honolulu
Apr 16, 2017 [Accelerace]( Copenhagen
Apr 21, 2017 [DCU Ryan Academy for Entrepreneurship]( Dublin
Apr 23, 2017 [TrueStart]( London
Apr 24, 2017 [Disney Accelerator]( Los Angeles
Apr 28, 2017 [Collider]( London
Apr 29, 2017 [The Brandery]( Cincinnati
May 12, 2017 [Grand Central Tech]( New York
[More Upcoming Deadlines](
Don’t see your event? Reach out to us at events@crunchbase.com.
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