Here is the November 27th issue of SecureDocs Virtual Data Room's Market Insights By the Numbers. A weekly review of top industry transactions, security news, insights into the SecureDocs Virtual Data Room, and a weekly wrap up of complementary resources, courtesy of SecureDocs. Enjoy!
Fundraising and Transaction News
That's the amount that drug giants Pfizer and Allergan PLC have agreed upon to execute their mega merger. This also means that the US is losing its biggest drug maker to Ireland. [CNN Money]
That's the amount that three-year old London-base startup Deliveroo raised in Series D funding, a mere four months following the close of their Series C round, which raised $70M. This brings their total funding to $200M. Deliveroo is just one of many European startups seeing significant funding lately, which leads us to believe that it's a great time to be a startup in Europe. [TechCrunch]
That's the amount that e-commerce titan Alibaba Holding Ltd. is attempting to sell it's 7% stake in Chinese tech startup, Meituan-Dianping, for. What is the next step for Alibaba? Reports say that they have their eye on developing their own food delivery platform, Koubei. A joint venture with a financial affiliate. [YIBADA]
That's the amount closed globally so far this year in Series A funding, which has already blown the $10.51B raised in 2014 away. However, even though the total amount raised is already higher in 2015 than 2014 it seems to be impossible for the number of Series A deals to surpass the 1,613 deals that were done at this stage last year. So, less deals, more money, across the board. [PitchBook]
That's the total valuation of the156 unicorns globally. The latest addition to the herd is a two-year-old Chinese video blogging app, MiaoPai, who recently announced an additional $200M in Series D funding, bringing the total amount raised by the unicorn club to $79.5B. [CrunchBase]
SecureDocs Virtual Data Room Insights
That's how SecureDocs clients ensure that they are on top of their data room at all times. Allowing both admins and select users to be notified via email when new document has been added meaning they'll never miss an opportunity to take action. Additionally admins can work more efficiently by having the audit log of all of the daily room activity sent directly to their inbox, saving time.
That's how much SecureDocs customers have either raised or sold their companies for using SecureDocs Virtual Data Room this year. In addition to transactions, most of our clients also use us to store all of their due diligence signature documents, financials, and trade secrets for their audits, strategic partnerships, proof of insurance with customers, legal communication, security from outside hackers, and permission based control over internal access to sensitive corporate documents.
SecureDocs Weekly Resource Wrap up
November 23: Rethinking IP Protection
November 24: Why Dropbox and Fundraising Don't Mix
9 Lessons Learned While Raising Venture Capital
This whitepaper discusses how one company successfully raised millions of dollars in venture capital funding, and gives insight into understanding if VC funding is right for your business, how to find investors, and the concept of market validation. (Download Here)