US digital signature heavyweight DocuSign has acquired

Posted by coininfifa on May 9th, 2014

Fantasy soccer league TheFanLeague has been acquired by BeGood SA, a provider of corporate and mobile entertainment solutions in Latin America ahead of the FIFA 14 Coins PC in Brazil, PulsoSocial reported. This makes it the fifth exit of Argentina-based NXTP Labs, which invested in the company last year as part of its acceleration program (disclosure: NXTP Labs is an investor in my startup, MonoLibre).

US digital signature heavyweight DocuSign has acquired its Brazilian counterpart Comprova for an undisclosed amount, Startupi reported. In a press release, the companies noted that the deal would “[provide] a foundation for delivering digital signatures and transactions on DocuSign Inc.’s Global Trust Network in Latin America.” A few weeks ago, we learned that DocuSign hadraised an $85 million round, its largest to date.

Brazil’s Hotel Urbano picked up a $50 million investment from the powerhouse investment firm Tiger Global Management and previous backer Insight Venture Partners, TechCrunch reported. It plans to use this capital to accelerate its negotiations with Brazilian hotels, while boosting its sales and marketing efforts towards foreign clients.

Argentine entrepreneur Wences Casares, who sold his Lemon digital wallet platform to LifeLock for $43 million a few months ago, has raised $20 million in funding for a new bitcoin-related venture named Xapo. According to its website, Xapo “combines the convenience of an everyday Wallet with the security of a cold-storage Vault.” The round was led by Benchmark, with Fortress Investment Group and Ribbit Capital also partipating.

Bebê Store has raised a new financing round of $12.3 million led by Atomico with participation from W7 Brazil Capital. According to DealBook, “two-thirds of that amount is venture capital and one-third is a bridge loan.” Both firms areprevious backers of the online baby and maternal goods retailer, which has raised $30.5 million to date and hopes to break even this year.

Cloud-based HR platform GoIntegro raised a $5 million from Riverwood Capital, Kaszek Ventures and Endeavor, as part of a new financing round to continue is expansion plan across Latin America, with primary focus on Brazil and Mexico. GoIntegro serves more than 300 corporate customers, including names such as Coca-Cola, Citibank, Santander Bank and Kimberly-Clark.