Category: Fundings and Exits

Bynder acquires digital asset management service Webdam from Shutterstock for $49.1M

Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam customers…

Google to acquire Xively IoT platform from LogMeIn

Google announced today that it intends to buy Xively from LogMeIn, giving Google Cloud an established IoT platform to add to their product portfolio. Terms of the deal were not disclosed. In a blog post announcing the acquisition, Google indicated it wants to use this purchase as a springboard into the growing IoT market, which it believes…

Uncommon.co launches and raises $18m to bring objectivity and efficiency to hiring

Traditional models of recruiting are a mess. At companies like Google, quite literally millions of people apply for open roles, forcing hundreds of recruiters to sift through thousands of resumes per job opening. Worse, in their race to process through those applicants, recruiters often use fuzzy and subjective impressions of a candidate to match them…

With $250 million, Peter Diamandis’ new startup is all about taking stem cells from placentas

Stem cells derived from a human placenta hold the key to unlocking a myriad of potentials in regenerative medicine and are the focus of X-Prize and Singularity University founder Peter Diamandis’ new endeavor. Called Celularity, the startup is a spinout from Celgene, a global biopharmaceutical company creating gene therapies. Diamandis teamed up with Dr. Robert…