Fundings & Exits
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Homee raises $5M from Founders Fund and Tinder CEO to help you furnish your place
Let’s face it, you’re never going to win the HGTV Dream Home. My family has entered the maximum number of times for the last decade and has nothing to show for it. At some point every millennial has to take responsibility for the fact that their bedroom looks like a government records building. Homee is jumping into the conversational commerce trend to keep the design process… Read More
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Cybersecurity startup Darktrace intercepts $64M in fresh funding at a valuation of over $400M
Darktrace, the U.K. cybersecurity startup whose backers include Autonomy founder Mike Lynch’s Invoke Capital, has closed $64 million in fresh funding. The new round was led by global investment firm KKR, with participation from existing investor Summit Partners, and new investors TenEleven Ventures and SoftBank. Read More
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On-demand staffing startup HourlyNerd lands $22 million Series C
HourlyNerd, a Boston-based startup, aspires to be more than an on-demand staffing service for skilled employees. It wants to be a full-service platform for large companies to change the way they think about employees. “If you think about a company today, it’s structured in the same way as 100 years ago,” says company co-CEO and co-founder Rob Biederman. HourlyNerd sees… Read More
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How our founding fathers raised a Series A
For some of us, hotdogs, patriotic songs, and fireworks are enough. We here at TechCrunch expect more of our readers. Why be satisfied with fireworks when you could literally launch a Kickstarter into the sky. If you’re like me, you were likely quite disappointed to find out that Hamilton wasn’t about an epic duel, I mean “syndicate,” between Backstage… Read More
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Echobox raises $3.4M to let publishers intelligently share content to Twitter and Facebook
Now calling itself an artificial intelligence (AI) service for the online publishing industry — because, why not? — Echobox, which has developed tech to help publishers share content on the likes of Twitter and Facebook in a more intelligent way, has closed $3.4 million in new funding. Read More
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Five companies considered buying LinkedIn
A new SEC filing posted Friday gives more clarity about what led up to Microsoft acquiring LinkedIn for over $26 billion. And they prove that Microsoft wasn’t the only prospective buyer. It shows that the talks between LinkedIn CEO Jeff Weiner and Microsoft CEO Satya Nadella began on February 16 of this year, just 12 days after the earnings debacle where LinkedIn shares plummeted. And… Read More
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Games company Paradox Interactive raises $11.8M from the crowd
Paradox Interactive, best known for developing and publishing a series of popular games including Hearts of Iron, Stellaris and Europa Universalis, today announced it raised more than $11.8m from the crowd on the new Swedish equity crowdfunding platform Pepins. Zenefits halves its previous valuation to $2B to head off investor lawsuits
Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors; it’s a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations. As part of accepting the new ownership changes, the investors… Read More
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Apple might buy Jay Z’s Tidal music app
If you can’t beat ’em, buy ’em. Apple is in discussions with Tidal about acquiring its music streaming app, which offers exclusives and early releases from big artists like Beyonce and Kanye West. The Wall Street Journal reports that the talks are still early and might not end in a deal, but Apple wants those exclusives to bolster its Apple Music streaming app that’s… Read More
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Ancera raises $8.9 million for tech to prevent food poisoning and recalls
A startup based in Branford, Connecticut, Ancera Inc. has raised $8.9 million in Series A funding for technology that helps food producers detect contaminants faster than other methods will allow.
The company’s mission is to prevent food waste, recalls or worse, the spread of food-borne illnesses, said Ancera CEO and founder Arjun Ganesan.
Investors in the deal included: Glass Capital… Read More
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