Uber’s Plans to Go Public and Virtual Reality Tech Brings in Nearly $25M

August 21, 2015

3:14 pm

Not a lot of funding news in today’s Tech.Co Deals Roundup. But in case you missed it, a leaked Uber document shows that the company will bring in more than $2 billion in revenue is plans to IPO sometime in the next 18 to 24 months. Commercial real estate leasing firm Hightower Inc. has also brought in Box CEO Aaron Levie as a return investor.  And, Twitter is barely holding on in the post-IPO market, closing at $26 per share.

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Funding

Virtual-Reality Headset Glyph Brings in $24M

Avegant, the maker of media headset Glyph which supports 3D and virtual reality content, has brought in $24 million to increase the manufacturing and begin shipping of the headsets by the end of this year. Similar to the Oculus Rift, Glyph’s headphones include an immersive video screen that functions as a portable movie theater.

Acquisitions

Oracle Acquires Maxymiser

Oracle announced yesterday announced that it has agreed to acquired Maxymiser, a company that’s created a Cloud-based consumer personalization software that specializes in multivariate and A/B testing. Terms of the deal were not disclosed.

Let us know if we missed anything on today’s Tech.Co deals roundup by emailing us at editorial@tech.co.

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Ronald Barba was the previous managing editor of Tech.Co. His primary story interests include industry trends, consumer-facing apps/products, the startup lifestyle, business ethics, diversity in tech, and what-is-this-bullsh*t things. Aside from writing about startups and entrepreneurship, Ronald is interested in 'Doctor Who', Murakami, 'The Mindy Project', and fried chicken. He is currently based in New York because he mistakenly studied philosophy in college and is now a "writer". Tweet @RonaldPBarba.

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