SoundCloud raises $150 million, Tengelmann invests in Rocket’s Shopwings, Helpling raises anther €20 million, meet the communication API Twilio.
SoundCloud about to raise $150 million
SoundCloud, Berlin’s popular music and audio-sharing service, is in discussions to raise about $150 million in new financing. The valuation is expected to top $1.2 billion, according to two people with knowledge of the negotiations. Towards VentureVillage SoundCloud decided not to comment.
[Wall Street Journal]
Tengelmann wants to invest in Rocket’s Shopwings
“left”]Shopwings, a that launched in Munich in October, hands out 35% for €10 million to Tengelmann. The Tengelmann Group has already invested in e-commerce startups such as Zalando and Westwing, which both are Rocket startups as well. Shopwings’ competitor Instacart has just raised more than $100 million.
Meet Twilio, The San Francisco Startup Set to Disrupt Telecommunications in Germany
Twilio’s aim is to make communication more meaningful, relevant, and contextualized. The startup is software in the cloud that lets companies get phone numbers all around the world and use those phone numbers to make or receive phone calls and text messages. Besides Airbnb and Uber, it is also used in the car sharing service DriveNow and in the Hamburg-based communication app Familonet.
Helpling about to close another €20 million investment
Though the deal is not signed yet, sources report about another €20 million investment for Rocket’s cleaning service platform Helpling. Names of investors were not mentioned. Just last weeks, Rocket announced €13.5 million Series A round.
Image: Screenshot Shopwings