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Funding
Away Raises $2.5M for Direct-to-Consumer High-End Luggage
Away, a new startup that’s hoping to offer a direct-to-consumer approach to high-end luggage, announced today that it has raised $2.5 million in seed funding led by Forerunner Ventures and Accel Partners. The company hopes to offer high-quality luggage that’s three to five times cheaper than current high-end luggage currently offered to consumers.
Immuno Gum Brings in $1.2M for Immune System-Boosting Gum
Acquisitions
China’s iDreamSky Technology Acquires Game Startup Rumble Entertainment
iDreamSky Technology, a public-traded Chinese mobile gaming company, has acquired a 50.1 percent stake in the San Mateo, CA-based Rumble Entertainment for $10 million, according to VentureBeat. The Silicon Valley gaming startup makes social and mobile games, including the popular KingsRoad; under the agreement, Rumble’s KingsRoad will be published in China.
Brooklyn’s HappyFunCorp Plans for More Acquisitions
According to TechCrunch, the Brooklyn, NY-based software development firm HappyFunCorp is eyeing more acquisitions as its works towards making New York a great place for software engineering. Most recently, the company acquired gaming company Heartonomy. Let us know if we missed anything on today’s Tech.Co deals roundup by emailing us at editorial@tech.co.
