Online discount store Hollar raises $30 million, Oben raises $7.7 million, and Activision Blizzard shares fall.
Online Discount Store Hollar Raises $30 Million
Online discount store Hollar has raised $30 million, reports Fortune. Most items on the website cost about $2 and the average customer spend $30 per order, for about 10 items.
Oben Raises $7.7 Million for 3-D Scanning Faces into Virtual Reality
Oben has raised a $7.7 million round led by DunAn Group of China, reports VentureBeat. The Pasadena startup’ software can scan a human face and then insert that visage into a virtual reality world.
Activision Shares Fall on Weaker Than Expected Forecast
Though the company’s third quarter earnings were higher than expected, $1.63 billion, Activision Blizzard’s shares fell 4 percent in after-hours trading on Thursday to $41.80, reports Fortune. The company forecast adjusted earnings of 74 cents a share for the fourth quarter, but analysts were expecting 80 cents a share.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Hollar Raises $12 Million, A Few Months After Seed Round
- Silicon Beach Launch List: Nov. 6
- Silicon Beach Report Feb. 13: Leaf Group Raises $23.3 Million in Secondary Offering
- Silicon Beach Report Sept. 12: OSI Systems Completes $269 Million Acquisition of American Science and Engineering
- Silicon Beach Report July 12: Activision Blizzard Inc. Launches Pro League for Overwatch
- Silicon Beach Report Jan. 10: Overwatch League-Twitch Deal Worth at Least $90 Million
- Silicon Beach Report July 18: Rubicon Project Buys nToggle for $38.5 Million
- Silicon Beach Report July 19: Pasadena Avatar-Generating Startup Oben Inc. Raises $5 Million