Fundings & Exits
Auto Added by WPeMatico
Captain401, now Human Interest, raises $11M to build a 401(k) for small businesses
Pushing through a funding round is never an easy process — and for Captain401 co-founder Roger Lee, it was even more tricky this time around. That’s because Lee and his team raised $11 million right around the birth of his first baby. That gave Lee an even deeper appreciation and understanding for the need of robust employee benefits, which was part of the original goal of… Read More
Powered by WPeMatico
Rubrik acquires Datos IO to expand into NoSQL database management support
Rubrik, the enterprise startup that provides data backup and recovery services across cloud and on-premise environments, is putting some of the funding that it raised last year at a $1.3 billion valuation to use. Rubrik has acquired NoSQL data backup specialist Datos IO, the company announced today, in what appears to be Rubrik’s first acquisition. The financial terms of the deal are… Read More
Powered by WPeMatico
Slab raises $2.2M to build tools for an internal employee information nexus
When Jason Chen first ended up at Salesforce through the acquisition of his last company Stypi, he had the tough task of integrating within Salesforce’s complex infrastructure — and not a lot of documentation to go on. Fortunately, Chen’s company had just been acquired and he was able to get the attention of the higher-ups and find that information, which was actually… Read More
Powered by WPeMatico
Unicorns gorge as investors dish up bigger rounds, more capital
Is there a point when investors will turn off the spigots for giant unicorn funding rounds? If so, we haven’t reached that threshold yet. Here, we break down the leading locations for new and existing unicorns, top sectors for investment capital, exits and a few other trends affecting the space. Read More
Powered by WPeMatico
500 Startups-backed Tamatem raises $2.5M to localise games for Arabic-speaking market
Tamatem, a startup backed by 500 Startups that creates localised versions of popular games so that they resonate better with users in Arabic speaking countries, has picked up $2.5 million in Series A funding. The round is led by Wamda Capital, with participation from Discovery Nusantara Capital, Raed Ventures, Vision Venture Capital, and Seed Equity Venture Partners. Read More
Powered by WPeMatico
Wildmoka grabs $8 million to help you clip live video in real time
Meet Wildmoka, a French startup that wants to streamline video editing during live events. Wildmoka is particularly useful for broadcasting companies that want to share highlights of live TV programs on social networks.
The company just raised an $8 million Series A round led by Alven Capital, with existing investor Apicap also participating.
Clients tend to use Wildmoka for all sorts of… Read More
Powered by WPeMatico
SoftBank buys into Line’s mobile service in Japan
SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… Read More
Powered by WPeMatico
Fools and their crypto
I believe that the token sale economy will drive the next startup revolution. Just as sites like TechCrunch, organizations like Y Combinator and the men in Dockers and fleece sweaters who populate Sand Hill Road defined (and still define) the last startup revolution, crypto will define the next one. But, as it stands, we cannot trust the participants, nor can we trust the products. Read More
Powered by WPeMatico
Red Hat acquires CoreOS for $250 million in Kubernetes expansion
Red Hat, a company best known for its enterprise Linux products, has been making a big play for Kubernetes and containerization in recent years with its OpenShift Kubernetes product. Today the company decided to expand on that by acquiring CoreOS, a container management startup, for $250 million. Read More
Powered by WPeMatico
SAP snags CallidusCloud for $2.4 billion
SAP, the German enterprise software giant, announced it acquired CallidusCloud last night for $2.4 billion or $36 per share. Callidus provides configure price quote (CPQ) and sales performance management tools delivered as a cloud service. The share price is a nice bump for shareholders, representing a 21 percent premium over the 30-day volume weighted average share price, according to SAP.… Read More
Powered by WPeMatico