Fundings & Exits
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Our 9 Favorite Companies From 500 Startups “Demo-Ween”
500 Startups today presented its 14th batch of companies at the Computer History Museum in Mountain View, California, with a spooky twist. Dave McClure said this batch was less international than previous batches, with only 39% of founders hailing from outside the United States. Of the 36 startups that went through the program, 25% had female founders. He made no mention of people of color.… Read More
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Alteryx Scores $85 Million As Growth Spurt Continues
Alteryx, which offers an analytics tool aimed at business users, announced an $85 million round today. Today’s deal comes on top of the $60 million deal last October and brings the total raised to an impressive $163 million to date. The round was led by Iconiq Capital and Insight Venture Partners. Meritech Capital Partners also participated. The company has been growing steadily and… Read More
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IBM Will Acquire The Weather Company’s Digital Business
IBM announced this morning it’s acquiring The Weather Company, the parent company to the The Weather Channel, as well as the company’s B2B, mobile and web properties. The deal is being valued at more than $2 billion, according to a report from The Wall St. Journal. The companies are not disclosing the financial terms, however. The deal will see The Weather Company licensing… Read More
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Household Expenses App Splittable Raises $1.2M Funding
Splittable, the London-based startup that makes an app to help manage and share household expenses, has raised $1.2 million in new funding to further build out the software and increase marketing. Barry Silbert Launches Digital Currency Group With Funding From MasterCard, Others
Less than a week after selling SecondMarket to NASDAQ, Barry Silbert has announced the official launch and and first round of funding for Digital Currency Group. Talking onstage to TechCrunch Editor John Biggs today at Money 20/20, Silbert announced that the company has closed a round from Bain Capital Ventures, Transamerica Ventures, FirstMark Capital, MasterCard, and New York Life,… Read More
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Connectifier Raises $6M More For Its AI-Based Recruitment Search
A couple of weeks ago, LinkedIn announced a new version of its recruitment product, giving HR teams the ability to look for new hires that most closely match the profiles of employees they already know and like. But LinkedIn was not the first to use search technology, machine learning and so-called “entity recognition” to update and improve the hiring process. A much… Read More
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Cisco Beefs Up Security, Buys Lancope For $453M
As HP downsizes its own holdings in network security, another IT giant is ramping up: today Cisco announced that it would acquire Lancope, which focuses on behavior analytics, threat visibility and security intelligence to detect malicious activity on corporate networks. Cisco is paying $452.5 million in a cash and equity deal, with the Lancope team becoming part of the Cisco Security… Read More
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Angaza Raises $4M To Make Clean Energy Affordable For World’s Poorest
Often, off-grid rural villages in places like Africa have their electricity generated by energy devices, like solar panels and batteries, donated by non-profit organizations and charities. The problem, however is that model is not sustainable and relies of yet more charitable hand-outs. What’s required is to make clean energy scale in self-supporting way. Luckily the rise of the mobile… Read More
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HP Sells Network Security Business TippingPoint To Trend Micro For $300M
On the heels of Dell buying EMC for $67 billion and Western Digital buying SanDisk for $19 billion, HP is selling off its TippingPoint network security business to TrendMicro for $300 million. TippingPoint is a provider of next-generation intrusion systems and network security solutions, and HP says that in future it will resell network security services from partners (including… Read More
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Hot on the heels of raising a new $379 million fund aimed at startups at the growth stage, Highland Europe has led a $17 million round in mobile app intelligence and analytics startup Adjust. This brings total funding since being founded in 2012 to $30 million.