NBC invests $500 million in Snapchat IPO
Last week, NBC invested $500 million in Snap during its IPO as part of a strategic investment and partnership. The investment is the latest in a series of bets in digital media by NBCUniversal, including the company’s previous $400 million investment in Buzzfeed and $200 million investment in Vox. [CNBC]
Jay Z unveils details for new VC fund Arrive
While rumors of Jay Z’s new venture capital firm have been floating around over the past month, the fund’s parent company Roc Nation made it official on Monday. The fund will work with early-stage startups to offer capital investments as well as assistance with business development and branding. [TechCrunch]
Savings app Qapital raises $12 million
Fintech startup Qapital raised a $12 million Series A this week. Investors in the round include Industrifonden, Northzone, Rocketship VC and Anthemis Exponential Ventures. [TechCrunch]
Fintech startup Current raises $3.6 million Seed
Fintech startup Current raised a $3.6 million seed round led by Expa, Human Ventures and Future Perfect Ventures this week. The new funding will allow the company to continue building its platform, which aims to speak to digital-first consumers through connectivity to bank accounts and payment transaction tools. [Huffington Post]
Latch expands smart access system
IoT company Latch announced its ‘Latch R Series,’ the first smart access product to work at lobby level doors, turnstiles, elevators and other spaces controlled by electronic access. With the Latch R, users in apartment buildings, commercial offices, and corporate campuses can now unlock their doors with smartphones, smartcards, and special door codes, all while monitoring and managing guest access through an onboard wide-angle camera and digital log. [Press Release]
Real estate networking and deal Platform RealConnex secures $3.5M investment
RealConnex, the B2B platform that connects real estate professionals to capital, investments, services and each other, announced it closed a $3.5 million strategic financing this week. The round was led by Silver Portal Capital (SPC), a boutique real estate investment and merchant banking firm. [Press Release]
Eyeview appoints TiVo SVP
Eyeview, an industry leader in outcome-based video marketing, announced this week it is appointing Brian Katz as Vice President of Advanced TV Insights & Strategy. Before joining Eyeview, Katz served as a Senior Vice President of Audience and Purchaser Insights at TiVo, and brings more than twenty years of experience in cable, digital and broadcast to the role. [MarketWired]
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