Fundings & Exits
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London-based startup Beamery, formerly known as Seed.Jobs, has raised $2 million in a seed round from Edenred Capital Partners and Grupa Pracuj, a human resources tech firm. Beamery makes software that helps recruiters or employers identify, get connected to and nurture relationships with prospective hires, long before they apply for a job. The company’s client roster includes employers… Read More
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Microsoft, hot on the heels of the news that it is buying LinkedIn for $26.2 billion, has announced yet another acquisition, this time in the area of natural language and artificial intelligence: the company has purchased Wand Labs, a startup that develops messaging apps — and specifically technology behind them that lets them act more intelligently (beyond and alongside our own… Read More
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Dutch startup Fixico is using the smartphone’s ubiquity to power a platform that connects car owners whose car has suffered cosmetic damage to bodywork repair shops that can polish out the scratches or hammer out the dent and return their pride and joy to its former glory. Read More
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Private equity firms have certainly been flexing their muscles this year, whether Thomas Bravo snagging Qlik for $3 billion or Vista Equity Partners grabbing Marketo for $1.9 billion and Ping Identity for another $600 million. Apparently Providence Strategic Growth, the growth investment arm of Providence Equity didn’t want to be left out and today they announced a $130 million investment… Read More
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Huge news today in the world of M&A in enterprise and social networking services: Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26.2 billion, or $196 per share, in cash. The transaction has already been approved by both boards, but it must still get regulatory and other approvals. If for some reason the deal… Read More
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When I walked into a conference room last Tuesday at the Cloud Identity Summit in New Orleans to interview Ping Identity CEO Andre Durand, it was my first chat with him since the company had been sold the week before for $600 million (as reported by The Information), a tidy exit for the 14 year old company.
I had questions, lots of questions. After all, in conversations with Durand and CFO… Read More
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Sometimes entrepreneurship is about starting battles and other times it’s about finishing them. Jared Kim has been on a mission to cut the frustration out of sharing gameplay with friends since he was 19. Forge, his second play in the space, closed a $4.5 million Series A yesterday led by True Ventures. This round matches a $4.5 million seed his company received back in March. Read More
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Minneapolis-based startup When I Work, secured $15 million in a Series B round led by Drive Capital. Arthur Ventures and High Alpha also participated. This follows a $9 million Series A led by e.ventures, Greycroft Partners and Arthur Ventures, bringing the company’s total financing to date to $24 million. Read More
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