Fundings & Exits
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To detect prying eyes in the sky, Dedrone raises $15 million
For better or worse, drones are about to become a lot more prevalent in US airspace. The FAA expects sales of drones to spike domestically from 2.5 million last year to 7 million by 2020. Now, a startup that detects drones and helps prevent unwanted aerial intrusions, Dedrone, has closed a $15 million Series B round of venture funding.
Investors in San Francisco-based Dedrone included Cisco… Read More
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A conversation about tech M&A trends and Trump
Some very big brands outside the tech space have been stepping in to acquire technology companies as the pressure to keep up with consumer-powered digital trends touches more industries. Add in a deregulating President Trump and the mercury could keep rising for tech company valuations this year, suggests John Stiffler, senior M&A director at business and technology consulting firm West… Read More
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HackerOne scores $40 million investment as bug bounty platform growth continues
For the past several years, HackerOne has been helping customers build bug bounty programs to find vulnerabilities in their software, and today it hauled in a big bounty of its own — a $40 million Series C investment led by Dragoneer Investment Group. Existing investors NEA and Benchmark also participated, as well as a strategic investor the company chose not to disclose. It brings… Read More
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Chatbooks raises $11.5 million to put photo printing on autopilot
Photo-printing services abound online, from dot-com-era brands like Shutterfly to services launched through the years by Apple, Amazon, Costco and Walgreens. Startups keep cropping up, too — no surprise given the number of photos people take and share these days, thanks to the proliferation of smartphones and social media. Now, one photo-printing startup called Chatbooks has raised… Read More
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Nextdoor to acquire “assets” of UK local social network Streetlife
In what is being billed as a “multi-million pound” acquisition, San Francisco-headquartered Nextdoor is purchasing the “assets” of U.K. local social network Streetlife. Snap stumbles toward a volatile IPO
Slowing growth, huge losses and no shareholder control could make Snap Inc.’s IPO a perilous gamble for investors. What it does have going for it is an addicted user base, fast-growing revenues and a visionary CEO. Snapchat international user growth slowed in the second half of 2016
Snapchat parent Snap Inc. wanted to present a growing and and highly engaged user base today in its bid to go public. But there are reasons for concern, especially when you look more closely at user growth in Europe and the rest of the world With the release of the company’s S-1 filing today, Snap revealed that at the end of 2016 the company had 158 million daily active users who… Read More
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Index-backed Hutch puts $5.5M in the tank to rev up its mobile gaming engines
UK-based indie free-to-play mobile games developer studio, Hutch, is gearing up to step on the gas and strap a bunch more players into its clutch of racing themed titles, fueled by a $5.5M expansion round of seed funding… The cash injection is co-led by Index Ventures and early stage London-based fund Backed VC. Read More
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MapAnything lands $33 million to build location-centric apps
MapAnything, a software service built on top of Salesforce for developing location-based workflows, announced a $33.1 million Series B funding round today. The round was led by Columbus Nova, with participation from ServiceNow Ventures. The latter is particularly important because the company intends to make its product available on the ServiceNow platform soon. Previous investors… Read More
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Caterpillar invests in Airware bringing drone tech to mining and construction enterprises
The venture arm of Caterpillar Inc., a major manufacturer of construction and mining equipment, has invested in San Francisco drone tech startup Airware. Rather than make its own unmanned aerial vehicles, Airware has focused its efforts around providing software and services that help large enterprises use drones throughout their operations. Airware’s cloud-based software helps… Read More
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