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Briefing

The Briefing: Adverity Raises $120M, Rapido Lands $52M, And More

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Here’s what you need to know today in startup and venture news, updated by the ºÚÁÏ³Ô¹Ï News staff throughout the day to keep you in the know.

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Adverity picks up $120M for analytics platform

Vienna-based , provider of a data and analytics platform for marketing, sales and e-commerce teams, raised $120 million in a new financing round backed by 2 and joined by existing investor .

Founded in 2015, Adverity previously raised over $45 million in known funding. The company said it has recorded customer growth of 120 percent in the last 12 months.

India’s Rapido raises $52M

, a bike taxi aggregator in India, raised $52 million in a Series C round backed by , , and others.  The company promotes its app-based service for bike taxis as a way to dodge the traffic during peak hours.

Roblox Acquires Guilded

Newly public gaming company said Monday that it acquired , a platform that connects gamers through voice chat, video chat and scheduling tools. Guilded competes with the likes of , which is popular among gamers who want to communicate while they play. Guilded has raised at least $10.2 million in funding from investors including and , according to ºÚÁϳԹÏ. Roblox seems to be investing in new ways to connect gamers, as the company also announced that it acquired social video conferencing platform last week.

— Sophia Kunthara

Funding round

BrainQ lands $40M: Israel-based , developer of a device for stimulating damaged parts of the brain to promote self-repair, reportedly in fresh funding to take its technology to market.

—ÌýJoanna Glasner

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