Fundings & Exits
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BrowserStack hauls in $50 million Series A from Accel
It’s not often you see a single venture capital firm investing $50 million in a Series A round. These usually involve a much smaller number spread across a variety of investors, but Accel saw something in BrowserStack, a mobile and browser testing platform, that’s a bit too successful to warrant the usual early-round startup label. BrowserStack has built a huge market with over… Read More
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Google completes its $1.1B deal to buy a chunk of HTC’s smartphone division
Google has announced the completion of its $1.1 billion deal to buy a large slice of HTC’s hardware business.
The acquisition was announced back in September 2017 but now it has passed the requisite approvals and is finalized. Beyond the transfer of over 2,000 engineers from HTC — that’s around one-fifth of HTC’s engineering team — Google will also receive… Read More
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SuperPhone is building a Salesforce for texting
The address book is the last, worst default app you rely on. It’s time it got as smart as the rest of our phones. That’s the idea behind SuperPhone. Email isn’t how you build relationships anymore. Yet most business software sanctifies the spammy inbox when it’s the immediacy of text messaging that keeps people in touch today. Read More
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Oxford University spin-out Bodle scores £6M Series A for its low-powered ‘reflective’ display tech
Bodle Technologies is a startup spun out of Oxford University, that is developing a new type of ‘reflective’ display technology that promises to use a lot less power. In fact, in some states the screen tech may require almost no power at all. Heetch raises another $20 million to compete head-to-head with Uber in Europe
French startup Heetch has an ambitious goal. The company wants to become the second ride-sharing service in France and in the other European countries where it operates. The startup just raised $20 million from Félix Capital, Via ID, Alven Capital, Idinvest Partners and InnovAllianz. This is the same funding round as last year’s $12 million round, but new investors joined the round.… Read More
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Snowflake lands massive $263 million investment on unicorn valuation
Snowflake, the cloud-based data warehouse service, announced an enormous investment round today, pulling in a whopping $263 million on a unicorn valuation of $1.5 billion. The round was led by a trio of big-name Silicon Valley VC firms including existing investors Iconiq Capital and Altimeter Capital and new investor Sequoia Capital. Today’s announcement comes on top of the $100… Read More
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Tigera raises $10M to help enterprises secure their cloud native applications
Tigera, a San Francisco-based startup that helps businesses connect and secure their container-based applications, today announced that it has raised an additional $10 million in a funding round led by Madrona Venture Group, with participation from New England Associates (NEA) and Wing Venture Capital. Read More
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Facebook acquires biometric ID verification startup Confirm.io
Facebook has confirmed to TechCrunch that it’s acquired… Confirm.io. The startup offered an API that let other companies quickly verify someone’s government-issued identification card, like a driver’s license, was authentic. The Boston-based startup will shut down as both its team and technology are rolled into Facebook. Read More
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Sumo Logic expands security toolset with FactorChain acquisition
When we heard from Sumo Logic last June, the company was announcing a $75 million Series F. Today, they announced they were acquiring FactorChain, a security startup that has raised $3.6 million. The companies would not disclose the purchase price, but indicated the acquisition closed at the end of Q4 and all 12 FactorChain employees have joined Sumo Logic, including CEO Dave Frampton and CTO… Read More
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Unravel Data raises $15M Series B for its big data performance monitoring platform
Big data systems tend to be large, complex and often hard to troubleshoot. In the world of databases, web and mobile stacks, application performance management services like AppDynamics and New Relic help ops teams keep tabs on their system. In the big data world, Unravel Data is one of the few APM players to focus solely on the complete big data stack from ingestion to analysis. Read More
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