chris@arsenalvp.com
First Read closes out the week with news that Verizon reportedly sought buyers earlier this year for Yahoo Finance, Twitter experiences a global outage amid Trump's social media summit and Trump says he's not a fan of cryptocurrencies.
Cere Network, a provider of a blockchain CRM ecosystem platform, has raised an undisclosed amount of funding. The investors were Binance Labs, Arrington XRP Capital and NEO Global Capital.
Kyash Inc, a creator of a wallet app and payment platform, has raised about $14 million in Series B funding. Goodwater Capital led the round.
Fifty Years has raised $50 million for its second fund, according to an SEC filing. Fifty Years is an early-stage venture firm based in San Francisco.
Target Partners has named Wolfram Drescher as a venture partner. He was the co-founder of Airrays and the co-founder of Systemonic, which was acquired by Philips.
Emerging Travel Group, an international online travel group, has secured $10 million in financing. The lead investors were Lev Leviev of LVL1 Group and the family office of Playrix co-founders, Igor and Dmitri Bukhman.
Citryll, a Dutch pharmaceutical company, held the first closing of a targeted 15 million euros funding round. The backers were ModiQuest B.V., BOM Brabant Ventures, BrightGene and Curie Capital.
New York-based Sweet Reason Beverage Co., a CBD-infused beverage company, has raised $2.5 million in seed funding. Lerer Hippeau led the round with participation from other investors that included RiverPark Ventures, Max Ventures and Subversive Capital.
Exabeam has acquired SkyFormation, an Israeli cloud application security business. No financial terms were disclosed. Exabeam's backers include Sapphire Ventures and Lightspeed Venture Partners.
Current Ways, which specializes in power conversion, communication and battery-charging applications, has secured $3 million in financing. First Analysis was the lead investor.