A lot happened in the third week of August, confirming that tech news takes no vacations. Even if you’ve been following intensely, there are sure to be some stories that slipped through the cracks.
So before leaving the office, let us quickly recap the week’s essential information. We picked out the need-to-knows from the stories that made the top of Index’s algorithms for you.
This week in numbers
Index recorded 107 funding events this week. The median investment was $2 million, a decrease of 60 percent compared to last week. China’s P2P lending site Dianrong.com scored the largest amount, a massive $207 million Series C round backed by Traditional Banks.
Five breakout funding rounds
BuzzFeed confirmed that it had raised $200 million from NBCUniversal, at a $1.5 billion valuation.
Online medical care schedule service ZocDoc officially joined the unicorn club after a $130 million investment at a current valuation of $1.8 billion, led by Atomico and Baillie with the participation of Founders Fund.
Only three weeks after landing a $1 billion investment, Uber raised another $100 million from private equity fund Tata Opportunities Fund (TOF).
3D Printer Maker Carbon3D raised $100 million from Google Ventures. Total funding raked by the company comes to $140 million after this round.
Security management provider AlienVault secured a $52 million investment Series E round, aspiring to an IPO exit.
Headline highlights
Ashley Madison hack data reportedly released, including credit cards and employer data [The Next Web]
Twitter collapses to record lows, tests IPO price as tech stocks slump en masse [TechCrunch]
Google’s new project could convince you to buy solar panels [The Next Web]
Microsoft beats out Salesforce as most widely used cloud app for businesses [re/code]
WhatsApp Web is now available on iPhone [The Verge]
US joins Japan in pledging millions for India’s green tech startups
[Tech In Asia]
That’s our overview of the week in funding news and trending headlines, refined from raw Index data and curated by our team.
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Track what’s happening in tech throughout the week with Index.
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