Telstra BigPond is to close its DVD rental business, sell its inventory and equipment to rival DVD rental business, Quickflix, and refer its customers to Quickflix.
AppDynamics has raised $50 million in a round lead by Institutional Venture Partners (IVP) for the expansion of its application performance monitoring service. The Series D round also included AppDynamics current investors: Greylock Partners, Kleiner Perkins Caufield & Byers, and Lightspeed Venture Partners.
Telstra has revealed plans to shut down its long-running online DVD rental service, with customers to be referred instead to rival service Quickflix.
Optimizely, a Y Combinator-incubated startup that helps companies A/B test different versions of their websites, has raised $28 million in Series A funding.
That would be a sizable Series A for most startups, but it’s a particularly big step for Optimizely, which had only raised $3.2 million thus far.
European online footwear and bag retailer, Spartoo — the ‘Zappos of Europe’ — has raised €25 million ($32.5 million) in Series C funding led by Belgian investment holding company Sofina. Existing investors A Plus Finance, CM-CIC Capital Privé, Highland Partners and Endeavour Vision also participated in the round.
Social commerce network Lockerz, which just lost its founder and CEO Kathy Savitt to Yahoo, has raised $7.5 million in new funding, according to an SEC filing. A spokesperson for the company confirmed the new funding, and said the round was raised from existing investors. The filing lists both Kleiner Perkins and Liberty Media. Other investors in the company include Live Nation and DAG Ventures.
Ad tech company eXelate, a provider of data and analytics to help advertisers know more about who to target and how, has announced that it’s raised a $12 million C round, led by NewSpring Capital with participation from existing investors Carmel Ventures, Menlo Ventures and Trident Capital.
Online DVD rental company Quickflix (ASX: QFX) has announced its entry into the IPTV market, signing an agreement with Sony Australia to provide a subscription movies streaming service through Sony's Internet connected TVs and other devices.
Video management startup Kaltura is growing fast, but it’s looking to expand even more, and has raised even more money to do so. The company has closed a $25 million Series D round of funding, which includes money from new investors Mitsui Global Investment and Orix Ventures.
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