Fundings & Exits
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Entelo steps up its AI game with $20M Series C
The race to crown a winner in the AI-powered recruiting software space is on. With both Workey and Mya nabbing rounds in the last few weeks, the timing is prime for a few players to seek advantage in the form of growth capital. This seems to be exactly what Entelo, a six-year-old player in the space, is doing. The company is announcing a $20 million Series C round of financing today led by U.S. Read More
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Mobile gaming company Scopely raises $60M
Scopely just announced that it has raised $60 million in Series C funding. The round was led by Revolution Growth, a firm led by former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), which targets startups outside Silicon Valley and New York. (Scopely is headquartered in Los Angeles.) Revolution’s Donn Davis is joining Scopely’s board of directors, while… Read More
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YC-backed Py is a Duolingo style learn-to-code app
Teaching people to code in bite-sized, gamified chunks delivered via mobile app is Py’s mission. The fledgling startup is the brainchild of two friends and college computer science majors who found themselves repeatedly asked for advice on how to learn to Heresy, founded by ex-Stack Overflow Europe MD, wants to help sales teams close with better data
Heresy, a startup co-founded by Dimitar Stanimiroff, who was previously MD Europe at Stack Overflow, is a new sales tool designed to increase collaboration between sales team members, and help them make better data-driven decisions, collectively and individually, and ultimately close more sales. Read More
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Uber CEO Travis Kalanick takes leave of absence
Amidst a tough time for Uber, CEO Travis Kalanick’s parents were in a tragic boating accident last month that took the life of his mother. Now to grieve and clear his head before enacting changes at Uber, Travis has told his team he’ll be taking a leave of absence of unspecified length. You can read the CEO’s full letter to Uber below. Kalanick notes that “During… Read More
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Here’s what the top accelerators in North America are funding
The top startup accelerators have a history of seeing the future in ideas that sounded silly at the time. After all, who would have foreseen billion-dollar businesses based on renting your air mattress to strangers, or shopping for their groceries? So when prestigious accelerators invest around common themes, it’s worth taking note of what’s resonating. Read More
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Postmates acqhires Secret CEO David Byttow’s startup Bold
The founder of one of Silicon Valley’s most famous flameouts, anonymous social app Secret, is the new product lead for Postmates’ app. After Secret shut down and gave investors back their money, David Byttow went on to raise a $1 million seed round from Index to launch a blog publishing tool for enterprises called Bold.
Today Bold was acqhired by Postmates, Byttow confirmed to… Read More
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Unpacking Pinterest’s $150M Series Whatever
In a slightly surprising move, Pinterest raised $150 million from private investors this week. Why the firm may have wanted the cash isn’t too hard to understand. When the markets offer you lots of cash on good terms, you tend to say yes. But let’s explore the round for a minute. Read More
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Shedul raises $6 million for hair salon booking
Beauty parlors manage a lot of appointments, but about half of them are still using pen and paper, estimates Shedul. The startup is trying to change that, by offering scheduling software for the the salon and spa industry. And it’s been catching on because it’s free. Now they’re raising $6 million. Read More
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French startup Algolia just raised a $53 million Series B round led by Accel, a couple of years after raising $18.3 million with… Accel also leading the round. So it looks like it’s a love story between the VC firm and the software-as-a-service startup.