Monday Deals Roundup: One Kings Lane, eASIC, DailyDeal.de
It’s been a relatively slow news day so far, at least as far as funding and M&A news in the Bay Area tech world.
—One Kings Lane, the San Francisco-based flash sales site for home goods, said it has raised $40 million in Series C financing. Tiger Global Management led the round, which was joined by one other new investor, Institutional Venture Partners, as well as existing investors Kleiner Perkins Caufield & Byers and Greylock Partners. Joining as observers on the company’s board are Tiger Global managing director Lee Fixel, Greylock partner James Slavet, and Kleiner partner Bing Gordon.
—Santa Clara, CA-based eASIC, a maker of low-cost application-specific chips, has raised $12.5 million in an eighth round of funding, according to a report today in Dow Jones VentureWire. New investors Intuitive Venture Partners led the Series H round, which also included existing investors Advanced Equities, Crescendo Ventures, Evergreen Partners, Khosla Ventures, and Kleiner Perkins Caufield & Byers, VentureWire reported.
—Berlin, Germany-based Groupon clone DailyDeal.de has been acquired by Google, according to an announcement on its site. The startup had raised venture funding from Insight Venture Partners. Google has not yet confirmed the purchase, and the company did not disclose the terms of the acquisition.