Crunchbase Daily: Cedar, Ankr Network, JoyTunes, NodThera, and Loli Beauty – June 25, 2018


June 25, 2018
AT&T buys AppNexus for around $1.6B

In a bid to bolster returns from advertising on its video and TV content, AT&T is buying digital ad platform AppNexus in a deal reportedly valued at around $1.6 billion. New York-based AppNexus, founded in 2007, previously raised more than $320 million in venture funding.

Meituan Dianping files for $4B IPO

Meituan Dianping, the largest service booking app in China, has filed for an IPO in Hong Kong. The company, which ranks as China’s fourth largest unicorn, plans to raise at least $4 billion in the offering.

PolicyBazaar secures over $200M

India’s PolicyBazaar, a fast-growing online insurance provider and lending marketplace, raised over $200 million in a new financing led by SoftBank.

Pet startups fetch record sums

People are spending more on their pets than ever, and venture investors have taken notice. Funding for pet-related startups has been surging for several years and it looks like 2018 will set a record, led by big rounds for dog-walking and pet-sitting services.

Immigrants lead about half of top-funded US startups

Roughly half of the most heavily funded U.S. unicorns count an immigrant as a founder or chief executive, a Crunchbase News analysis finds. The numbers hew pretty closely to overall stats for immigrant leadership at well-capitalized startups.

See also  e-Commerce Firm, 1Market Launches Made-In-Nigeria Products Platform

Recent Activity on Crunchbase

Funding Rounds Added


Acquisitions Recorded





Featured Searches and Lists

Name Type Entries
Companies acquired by AT&T Acquisitions 29
Top-ranked companies based in China Companies 163
Investments in pet companies in the last year Funding rounds 62
More Featured Searches and Lists
Recent Investments

$36M / Series B

Cedar is a patient financial management platform for hospitals, health systems and independent medical groups. The New York-based company currently interacts with nearly 100,000 patients nationwide.

Health Care · Information Technology


Arel Lidow, Florian Otto


Nat Turner, Lakestar, Thrive Capital, + 4 more

Ankr Network

$15M / Venture Round

Ankr Network is a cloud computing service that is enabled by blockchain technology. The Berkeley, Calif.-based company has raised $15M in total funding to date.

Information Technology · Privacy and Security · Information Services · Network Security


Stanley Wu, Ryan Fang, Chandler Song


NEO Global Capital (NGC), Link VC, OKBlockchain Capital, + 3 more


$10M / Series B

JoyTunes is a company that develops music learning solutions and applications. The Tel Aviv-based company has raised $17M in total funding to date.

Apps · Education · Media and Entertainment · Mobile · Music and Audio · Platforms · Software · Android · EdTech · iOS · Mobile Apps · Music


Yuval Kaminka


Jeremy Stoppelman, Insight Venture Partners (Lead), Genesis Partners (Lead)

More Investments


Company Amount / Round Lead Investor
NodThera $40M / Series A Sofinnova Partners, 5AM Ventures
Loli Beauty $38M / Venture Round Emami
Lanrentingshu $31M / Series C Fuhui Growth (Tianjin) Asset Management Center, Shenzhen Qianhai Tianhe Culture Industry Fund, Time Publishing and Media CO.
Dtwave $22M / Series A YF Capital (Yunfeng Capital)
Reach Media $15M / Series B
All Recent Funding Activity

See also  Applications Open for World Water Challenge 2018!

Recent Acquisitions


Pending acquisition by Stellar for $500M

More Acquisitions
Company Acquired by Amount
Atavist Automattic
Specdrums Sphero
All Recent Acquisition Activity

Upcoming Tech Events

RISE 2018

July 9-12, 2018 2018-07-09 in Wan Chai

RISE 2018 is the most brilliant minds gathering in international tech event.
More Events
Start Date Event Location
Nov 5, 2018 Web Summit 2018 Lisbon
Oct 21, 2018 Money 20/20 USA 2018 Las Vegas
Nov 13, 2018 AfricaCom 2018 Cape Town
Nov 13, 2018 The Finance Magnates London Summit London
More Upcoming Events
Demo Days
Start Date Event Location
Jun 27, 2018 Newark Venture Partners Spring 2018 Demo Day Newark
Sep 20, 2018 Google Demo Day Asia Shanghai
More Upcoming Demo Days
Accelerator Deadlines
Date Accelerator Location
Jun 30, 2018 Capital Innovators St Louis
Jun 30, 2018 Techstars Boulder
More Upcoming Deadlines

Don’t see your event? Reach out to us at


Leave a Reply

Send in Your Business News to BusinessTrumpet News!