TechTaffy

tech:

taffy

ShareThis Raises $23M, Acquires Socialize

By TechTaffy Desk

ShareThis has secured $23 million in Series C financing. In another development, the company acquired mobile social platform Socialize.

ShareThis’ new round of funding is led by T-Venture, the venture capital company of Deutsche Telekom, and includes new investors Harbourton and corporate funds represented by West Capital Advisors. Existing investors Blue Chip Venture Company, DFJ, Illinois Ventures, Matthew Pritzker Company, Mercury Fund and RPM Ventures participated. Bernhard Gold of T-Venture is joining ShareThis’ board.

ShareThis said it plans to use the funding for product development and market expansion. With this Series C round, ShareThis’ total funding is $54 million.

Just in

Around the web

Apple deletes WhatsApp, Threads from China app store on orders from Beijing — CNN

Apple has removed WhatsApp and Threads from its app store in China, following an order from the country’s internet watchdog, writes Juliana Liu.
Industry

Singtel, Vonage partner to integrate Paragon platform

Singtel has announced a partnership with Vonage, a cloud communications company and subsidiary of Ericsson, to help enterprises and telcos innovate and scale their services through Singtel's orchestration platform, Paragon. 
Industry

Former VMware COO Mike Hayes joins Mirantis board

Mirantis, a company that provides open source software for infrastructure control, has appointed Mike Hayes to its board.
Industry

Boston Dynamics unveils fully-electric Atlas robot

Boston Dynamics is retiring its hydraulic Atlas robot and introducing a fully electric version of its humanoid robots. 
Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.