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Capital Gains: Uber swallows $3.5 billion in Saudi cash, 21st Century Fox backs an email newsletter

Plus, Glassdoor raises a down round.

capital gains Todd Bernard / Recode

Uber, a startup that raises lots of money and also operates a private transportation network, raised some more money this week. So did a bunch of other companies. Here are the headlines from the funding front in Silicon Valley:

  • The sovereign wealth fund of the Saudi Arabian government is putting $3.5 billion into Uber and getting a royal family member a seat on the Uber board of directors. Just a few weeks ago, Uber's chief rival Didi Chuxing scored a $1 billion investment from Apple.
  • African media conglomerate Naspers is investing $60 million in the education startup Udemy, which offers "more than 40,000 courses in 80 different languages." Naspers recently opened a San Francisco office, and this is its second investment (Bloomberg).
  • Insight Venture Partners, Greenspring Associates and Scale Venture partners are putting $50 million into the startup WalkMe, which makes software to guide new visitors to websites (Reuters).
  • Glassdoor, which is sort of like Yelp for startups, raised $40 million in a new down round of funding led by T. Rowe Price (Wall Street Journal).
  • Vendini, which makes ticketing, marketing and customer management software for event venues, raised $20 million from the PE firm Level Equity (VentureBeat).
  • Tile makes little Bluetooth-connected tiles that attach to stuff like car keys so that you can locate them when you misplace them. Tile also just raised $18 million in a new round led by Bessemer Venture Partners, with participation from GGV Capital, Khosla Ventures, Tandem and Tencent (VentureBeat).
  • Audience measurement startup Verto Analytics, which focuses on evaluating traffic on multiple devices, raised a $16.1 million Series B round led by EQT Ventures (VentureBeat).
  • Tubular Labs has landed $10 million in a round led by Marker, cash that it will use to take on rival video audience measurement companies comScore and Nielsen (Variety).
  • TheSkimm, the startup behind the newsletter Daily Skimm, landed $8 million in funding led by 21st Century Fox to back the startup's move into video. RRE Ventures, Greycroft Partners and Homebrew are also participating in the investment.(Bloomberg).

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