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Media Prima buys Rev Asia for $24M to create Malaysia’s largest digital media platform

Media Prima buys Rev Asia for $24M to create Malaysia’s largest digital media platform

by The Brio Team | May 9, 2017 | Getting Funded

Author: Jon Russell / Source: TechCrunch The U.S. isn’t the only market where media companies are consolidating to offer an advertising platform to rival Facebook and Google. While AOL (which owns TechCrunch) is in the process of acquiring Yahoo, over in...
Prepared food distribution service Power Supply rebrands as Territory and raises $6.7 million

Prepared food distribution service Power Supply rebrands as Territory and raises $6.7 million

by The Brio Team | May 9, 2017 | Getting Funded

Author: Jonathan Shieber / Source: TechCrunch If you thought the world didn’t need another prepared food distribution and delivery service, apparently you’d be wrong, as the newly minted startup Territory has managed to pull in $6.7 million for its healthier...
Grammarly raises $110 million for a better spell check

Grammarly raises $110 million for a better spell check

by The Brio Team | May 9, 2017 | Getting Funded

Author: Katie Roof / Source: TechCrunch Some people really need help with grammar. By the way, “a lot” is two words. “Your” and “you’re” are not the same thing. Grammarly has been quietly building a freemium grammar checker to help students, writers and...
Pandora will consider buyout before selling $150M in preferred stock to KKR

Pandora will consider buyout before selling $150M in preferred stock to KKR

by The Brio Team | May 8, 2017 | Getting Funded

Author: Josh Constine / Source: TechCrunch Pandora will undertake a “strategic review” of whether it will sell itself to an acquirer. If not, it’s agreed to take a cash infusion to maintain “a strong balance sheet” as it struggles to shift from radio to the...
Dell Technologies Capital emerges from stealth, announces over 70 investments

Dell Technologies Capital emerges from stealth, announces over 70 investments

by The Brio Team | May 8, 2017 | Getting Funded

Author: John Mannes / Source: TechCrunch Most venture capital funds that have 27 exits under their belt are not in stealth. In fact, most venture capital firms today don’t even know what 27 exits looks like. But Dell Ventures, in stealth until today, has...
Music royalty collector Kobalt nabs $75M led by Hearst Entertainment at $775M valuation

Music royalty collector Kobalt nabs $75M led by Hearst Entertainment at $775M valuation

by The Brio Team | May 8, 2017 | Getting Funded

Author: Ingrid Lunden / Source: TechCrunch As music streaming continues to grow in ubiquity, a company that’s built a platform to collect royalties on music played across billions of streams is cashing in on the opportunity. Kobalt, the European startup that...
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