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Capital Gains: Uber and Alibaba Make Their Big India Moves, Visa Backs Stripe and More

Also, BuzzFeed and Vox Media each landed big money from NBCUniversal.

Todd Bernard

BuzzFeed and Vox Media both raised money from NBCUniversal, Uber surged past the $51 billion mark, and more startups raised big dollars. Here’s what happened:

  • In May, Re/code reported that Stripe was getting an investment that would set its value at $5 billion, but we didn’t know who it was coming from. The missing name was Visa, which is also inking a commercial agreement with the digital commerce startup.
  • Uber recently committed to investing $1 billion in India, and it has just closed a $1 billion round at a $51 billion valuation that will likely be spent on growing its business there. Investors reportedly include Times of India owner Bennett Coleman and Co. and Microsoft.
  • Snapdeal, the second-largest digital commerce startup in India, raised $500 million from Alibaba, iPhone manufacturer Foxconn and SoftBank.
  • A new unicorn has been born: The fantasy sports service DraftKings raised $300 million at a valuation of more than $1.2 billion, and it’s going to spend a lot of that money on ads at Fox Sports.
  • NBCUniversal is set to inject $250 million in BuzzFeed at a $1.5 billion valuation, and it’s also talking about investing an undisclosed sum in Re/code proprietor Vox Media at an $850 million valuation.
  • Github, an online repository for software that’s widely used by developers, raised $250 million at a $2 billion valuation. In 2012, the company got $100 million from Andreessen Horowitz, giving it $350 million in total (Wall Street Journal).
  • The cloud-based communications service Twilio raised $130 million in a Series E round that makes the company worth more than $1 billion (Fortune).
  • The luxury travel service Secret Escapes landed a $60 million investment with participation from investors including Index Ventures, Google Ventures and Octopus Investments (TechCrunch).
  • Predictive marketing software maker Radius Intelligence raised $50 million in a Series D led by Founders Fund, with the addition of new investor Salesforce Ventures, among others (Wall Street Journal).
  • Light, a startup that makes camera technology for smartphones, raised $25 million in a Series B round led by Formation 8, giving the company about $35 million in total funding (Forbes).
  • Occipital, a 3-D hardware and software maker, raised $13 million from Intel Capital, Shea Ventures Grishin Robotics and Foundry Group (VentureBeat).
  • Fuisz Media makes interactive video ad technology, and after raising a $2 million seed round last year, the company has landed a $10 million Series A investment led by Evolution Media Partners.

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