DHAKA: 2014 was a remarkable year in tech finance, headlined with multibillion-dollar acquisitions, valuations and mega IPOs.

According to latimes.com, the year started with Dropbox’s receiving a new private investment that valued the cloud storage company at $10 billion.

Later, Facebook bought virtual reality company Oculus VR for almost $2 billion in March.

Not only that, an AirBnB investment pegged total company value at more than $10 billion, which seems to be a popular sum in the same month.

Moreover, food ordering service GrubHub, cloud computing company Arista and health technology firm Castlight Health went public in this month.

In June, action camera manufacturer GoPro went public.

Amazon bought video streaming platform Twitch for $970 million in August.

Snapchat, the Venice-based disappearing message app-maker, reached a $10-billion valuation based on a new investment in this month.

However, September ended with Chinese e-commerce giant Alibaba’s scoring the biggest US IPO ever. The market valued the company at $220 billion, with $22 billion of that amount landing on the company’s balance sheet.

PayPal was spun off from eBay in the same month.

Later, Facebook reached to a $21.8-billion deal for WhatsApp in October.

And finally, December came with deceGoogle’s buy of 12 acres in Playa Vista, vastly expanding its Los Angeles presence.

In a jaw-dropping investment, ride-hailing company Uber was valued at $40 billion in this month.

Not only that, Lending Club went public in the biggest IPO by a California company in 2014 with a value of $8.5 billion.

Moreover, investors value Chinese smartphone maker Xiaomi at $46 billion.

BDST: 1910 HRS, Dec 31, 2014