AppDynamics founder Jyoti Bansal wastes little time launching a new company
You couldn’t blame AppDynamics co-founder Jyoti Bansal if he took some time off after selling his company to Cisco for a cool $3.7 billion in January. But Bansal is an entrepreneur and he didn’t stop to enjoy the moment. Instead, he did what entrepreneurs do — he looked for a new problem to solve. Today, he announced two new projects . For starters, Bansal teamed up Rishi… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/m8NJ66rBFYE/
Primer helps governments and corporations monitor and understand the world’s information
When Google was founded in 1998, its goal was to organize the world’s information. And for the most part, mission accomplished — but in 19 years the goal post has moved forward and indexing and usefully presenting information isn’t enough. As machine learning matures, it’s becoming feasible for the first time to actually summarize and contextualize the world’s… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/pw19Zf16gEM/
Blickfeld scores $4.25M seed round to let autonomous vehicles ‘see’
Blickfeld, a Munich-based startup developing a low-cost light detection and ranging (LiDAR) system to let autonomous vehicles “see,” has raised $4.25 million in seed funding. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/j_7ReMOYENg/
Shift Technology raises another $28 million to prevent fraudulent insurance claims
Shift Technology is raising a Series B round of $28 million from Accel and General Catalyst. Accel had already led the company’s previous round. Existing investors Elaia Partners and Iris Capital are also participating in today’s round. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/pjtM3Y8Dx9A/
Netflix is raising $1.6B in debt as its content costs balloon
Netflix today said it was raising a very large lump of debt for the typical laundry list of uses that you’ll find in a filing with the SEC — though, the timing comes as its content costs may hit as much as $8 billion next year. The announcement comes off a strong earnings report last week, where Netflix once again beat expectations for its subscriber growth. The company also said… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/-SMeVcogdms/
Singapore-based Zuzu gets $2M seed to help small hotels compete with big chains
Independently-owned hotels sometimes fall through the cracks of the hospitality industry because they struggle to compete with major chains, but don’t belong on Airbnb or HomeAway. Zuzu Hospitality Solutions bridges the gap in Asia by providing essential revenue management and marketing services to small hotels while allowing them preserve their own brands. The Singapore-based startup… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/t3lf5ljyB3k/
Cisco scoops up BroadSoft for $1.9 billion to boost communications tools portfolio
One thing is clear, Cisco is not afraid to use its considerable cash on hand to fill in holes in its product portfolio. Today it wrote out a big fat check for $1.9 billion to acquire BroadSoft, a Maryland company that delivers unified communications via service providers. The purchase gives Cisco a new way to sell its communications tools as it shifts its focus from a pure networking… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/e0WuHeOlPk8/
Nested raises another £36M to help you buy a new house before you sell your old one
Nested, the U.K. estate agent that provides a cash advance to help you buy a new house before you’ve sold your old one, has raised £36 million in further funding. The round was led by Rocket Internet’s Global Founders Capital, and brings the less than two year old startup’s total funding to just shy of £50 million. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/9PKssWSCnJA/
ActionIQ nabs $30M led by A16Z to bring big data targeting to marketers
The trend of using big data analytics to glean more targeted insights for your business continues to be democratized, with an increasing number of startups hitting the market to help those who are not data scientists nor engineers take advantage of these kinds of tools. In the latest development, a startup called ActionIQ — a marketing activation platform that gives marketers better… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/_XQuLRpMZDw/
Zero raises $8.5 million for a credit card that functions like a debit card
Just one-third of young adults have a credit card, according to a Bankrate survey. It’s partly due to concerns about debt. A startup called Zero thinks it has a solution to this and it is gearing up to launch a credit card that functions like a debit card. The startup is also raising $8.5 million in a funding round led by ENIAC Ventures, including participation from NEA, Lightbank… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/5yMa_XwtXIE/
Countingup, a startup from founder of Clear Books, raises $750K to merge banking and accounting
Countingup, a new fintech startup from Tim Fouracre, who previously founded cloud accounting software Clear Books, wants to simplify the life of sole traders by reinventing the business bank account. Specifically, Fouracre’s vision is that for one-person enterprises, business banking and accounting software should be merged so that book keeping and filing accounts can be automated. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/8_oT6P0kpLE/
Winnow raises further $7.4M for its smart kitchen tech that reduces commercial food waste
Winnow, the U.K. startup that has developed smart kitchen tech to help commercial kitchens reduce food waste, continues to be on a roll. It counts the likes of IKEA, Compass Group, and AccorHotels as customers, and estimates its 600-plus clients are saving 4,300 tonnes of food waste annually through the use of the Winnow system. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/SBXf_iP71ss/
New venture capitalists find strength in numbers
Ian Rountree, the thirty something captain at the helm of Cantos Ventures, an SF-based micro-fund, is characteristic of a new breed of venture capitalists in tech — a group of small funds looking to go toe-to-toe with some of the valley’s most entrenched seed funds like First Round Capital and SV Angel. Rountree is experimenting with a strategy so antithetical to the… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/8lLARX680Wg/
GitHub’s scandalized ex-CEO returns with Chatterbug
Translation earbuds might eliminate some utilitarian reasons to know a language, but if you want to understand jokes, read poetry, or fall in love in a foreign tongue, you’ll have to actually learn it. Unfortunately, products like Rosetta Stone leave people feeling burned after claiming the process should be easy while never helping you practice talking with a real native speaker. You… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/zazMKDTyTXo/
Grab raises $700M in debt to add more drivers to its ride-hailing service in Southeast Asia
Grab is in the process of raising $2.5 billion for it ride hailing service in Southeast Asia, but that hasn’t stopped the Uber rival from tapping banks for $700 million in debt facilities to develop its business. The Singapore-based company said it had pulled in the financing from “leading global and regional banks” to expand its car rental fleet in Singapore and Indonesia,… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/MIaaB3G0SlQ/
Equity podcast: IPOs for Stitch Fix, MongoDB and SendGrid, and Alphabet’s Lyft investment
Welcome to Equity, TechCrunch’s podcast about venture capital and the tech business. On the latest episode, we were joined by Barry Eggers, co-founder and a general partner at Lightspeed Venture Partners. There was a lot of IPO news this week. MongoDB debuted and we saw filings on Thursday for both Stitch Fix and SendGrid. And, of course, there was the inevitable ridesharing news.… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/zK3IBDPWdno/
PayPal’s quarter exceeded expectations across the board
PayPal, the digital payments company, shared its growing financials after the bell on Thursday. Shares ticked up about 4 percent in initial after-hours trading. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/UFBTSDbGOC0/
Stitch Fix has filed for an IPO, and the numbers look good
Stitch Fix has filed to go public, finally revealing the financial guts of the startup which will be a test of modern e-commerce businesses that are looking to hit the market — and the numbers look pretty great! Let’s start off really quick with profits: aside from the last two quarters, Stitch Fix posted a six-quarter streak of positive net income. We talk a lot about companies… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/ROxmBGg_Xq8/
MongoDB finishes up 34% in database IPO
New York-based MongoDB went public on the Nasdaq on Thursday, finishing the day at $32.07, up 34 percent above its IPO price of $24. This is also above the proposed range of $20 to $22, which had been increased from $18 to $20. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/fI7Gz40_Bzs/
Data is the name of the game, as Intel Capital puts $60M in 15 startups, $566M in 2017 overall
Intel Capital, the investment arm of the processor giant, is today announcing its latest tranche of investments, a total of nearly $60 million going in to 15 startups that are working on solving different problems in the bigger area of big data (with a full rundown below). The investments come on the back of a big year for the group: In 2017 so far, Intel says that it’s invested $566… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/qbLuX69Xr04/ Source: https://techcrunch.com/
