Fundings & Exits

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Postmates Raises $80M, Valued At Almost $500M

The Postmates sign outside the office On-demand service Postmates just closed an $80 million Series D round. The company told TechCrunch that the new funding values them at close to $500 million. The round was led by Tiger Global Management, and follows a $35M round closed in February. Read More

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Bento Picks Up $1.5 Million To Bring On-Demand Pan-Asian Cuisine To San Francisco

_DSC2657 copy 2 As if we weren’t full enough, there’s another a new on-demand food delivery service in San Francisco called Bento. Forget all those Postmates burritos and DoorDash deep-dish pizzas, the focus for Bento is on delivering Asian food. Co-founder Jason Demant told TechCrunch he’s been obsessed with the cuisine since he was a kid. “Growing up my parents literally made fun of… Read More

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LittleBits Raises Big $44.2 Million Round

LittleBits smart home kit LittleBits, a maker of electronic components that both children and designers can snap together to create everything from toy robots to lightweight industrial products, has raised $44.2 million in Series B funding led by DFJ Growth, with managing director Barry Schuler joining the board. Morgan Stanley, Alternative Investment Partners, Grishin Robotics and Wamda Capital also joined the… Read More

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Matterport Captures $30M To Scan Rooms Into Virtual Reality

This $4500 camera turns the real world into the virtual one. Today, Matterport’s hardware is a hit with real estate agents. But fueled by the $30 million Series C it just raised, Matterport’s software and partnership with Google’s Project Tango could let you wave your phone around to create VR tours of anywhere you want. For example, here’s Matterport’s VR version… Read More

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Same-Day Shopping App Curbside Picks Up $25 Million More

Curbside-Best-Buy-023 Palo Alto-based Curbside, a company offering a mobile app that allows shoppers to buy from local retailers like Target and Best Buy then pick up items at stores without exiting their car, is today announcing the close of $25 million in Series B funding. The round was led by Sutter Hill Ventures, and includes participation from prior investors Index Ventures, Yahoo co-founder Jerry… Read More

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Inspirock Gets $3M Seed Funding To Make Vacation Itinerary Planning Easier

5976264120_68e6352107_o Inspirock wants to take the hassle out of travel planning with a site that automatically creates customized itineraries. The startup announced today that it has raised $3 million in seed funding from returning investor MakeMyTrip, one of India’s largest travel booking sites, angel investors, and its founders Anoop Goyal and Prakash Sikchi. Read More

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Cloud-Based App Launcher Frame Lands $10 Million In Series A Funding

Screen Shot 2015-06-23 at 8.40.49 AM Frame, a cloud-based service that allows users to run desktop programs like Adobe Photoshop or Microsoft Excel directly from their browser, just announced that it has closed a $10 million Series A funding round. Columbus Nova Technology Partners, Bain Capital Ventures and SQN Venture Partners participated in the round. The three-year-old Frame, formerly Mainframe2, had just recently landed… Read More

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API-Based Money Mover Currency Cloud Taps Sapphire Ventures And Rakuten For $18M

mobilemoney Startups that help people send money to each other or pay for goods and services online have been growing like weeds, fuelled by consumer demand, increasingly ubiquitous connected devices to make and receive the funds, and VCs eager to profit from their growth. Now a startup that has built technology to power fintech startups is raising some money of its own. Currency Cloud, a UK-based… Read More

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Tamr Snaps Up $25.2M To Unify Enterprise Data Sources

Person standing in front of walls with various data sources. Tamr, a Cambridge, Massachusetts-based startup that helps companies understand and unify all of the disparate databases across a company, announced a $25.2 million Series B round today. The investment isn’t from the usual Silicon Valley suspects. It’s a round from a group of strategic investors who really believe in the company’s mission, according to CEO and co-founder… Read More

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