Slack $250 Million Massive Funding
Enterprise messaging platform, Slack has been able to raise yet another massive funding round through Venture Capital. Slack has been able to raise this amount on a valuation of $5 billion. On the back of a strong exit potential. Slack has the investor interest still rolling in its favour.
WeWork $500 Million Funding for China Expansion
WeWork, which is one of the top Unicorn startups in the world and one of the best co-working space providers in the industry has been able to raise $500 million for its ambitious China expansion plans.
Callsign raises $35 Million in Series A
The London based startup is an authentication platform, which identifies persons with a swipe on a mobile touch screen. It helps to establish the person who says who they are. The funding round was led by Accel Partners and PTB Ventures.
Expedia Invests $350 Million in Traveloka
Expedia wants to expand into Southeast Asia. Therefore it has made a huge investment of $350 million in Indonesian based travel portal “Traveloka”. With this investment, Traveloka has become a unicorn startup and will join the ranks of Grab, Lazada, and Go-Jek etc.
Xiaomi Secures $1 billion Loan for International expansion plans
Chinese smart phone maker, Xiaomi has been able to secure $1 billion for international expansion and to develop local offline sales presence. The loan is raised from 18 different banks from across the world.