Tech IPOs have been picking up lately and one lesser-known semiconductor company, Aquantia, made its debut on the New York Stock Exchange today.
The company raised $61 million in its offering, after pricing shares at $9.00. It closed the day of trading at $9.51.
The San Jose, California-based company describes itself as “a leader in the design, development and marketing of advanced… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/EQ6puvRp-JA/
Niantic acqui-hires Evertoon to add a social network to Pokémon Go and other apps
Niantic, the company behind the hit mobile game Pokémon Go and its predecessor, Ingress, announced today it has acquired the team from the startup Evertoon to help it further build out its mobile products. Deal terms were not disclosed, but from how it’s described, the move seems to be more of an acqui-hire focused on gaining access to talent, rather than Evertoon’s IP. Launched… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/qABhwyAEhdQ/
Hevo Data gets $1M in seed funding to streamline data integration
Going from food delivery to data integration might seem like an unlikely progression for a startup team, but it was a natural fit for Hevo Data’s founders. Manish Jethani and Sourabh Agarwal previously launched SpoonJoy, an on-demand restaurant delivery app in India. The challenges they encountered while analyzing data in order to improve SpoonJoy’s service inspired them to create… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/LwLURKTj34w/
Fifteen-year-old Black Duck Software gets its exit, selling to Synopsys for $565 million
Black Duck Software, a 15-year-old company whose products automate the process of securing and managing open-source software — including detecting license compliance issues — is being acquired by Synopsys, the publicly traded maker of semiconductor-design software. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/q57ihaea0zA/
Rallyteam raises $8.6 million to keep employees at companies
How can companies stop the best employees from leaving? Money. A good corporate culture. But some people are dissatisfied with the skills they’re gaining in their roles. Rallyteam has found that talented millennials often leave companies because the jobs aren’t challenging enough or leading them to their desired career path. The startup is working with corporations to keep… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/NgMR139V2v8/
VMware acquires VeloCloud as it moves deeper into networking
VMware announced today that it was acquiring VeloCloud, a startup that focuses on cloud-based wide area networks (WAN), those networks that span a broad area across data centers or regions. The companies did not reveal the purchase price.
The news confirms a report that The Information first reported yesterday.
The company appears to be an excellent fit as one of the primary use cases is… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/5IqPNF7Xspc/
Battery Ventures leads $75M Series D in travel activities platform GetYourGuide
Right after Berlin-based travel activities booking platform GetYourGuide announced its $50 million Series C, one of Europe’s biggest tourist draws, the city of Paris, was rocked by a series of terrorist attacks. The awful events in Paris were clearly not good news for a tourism-dependent business. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/lAYKhYjuc-w/
Arbe Robotics raises $9M to build high-resolution radars for autonomous cars
As carmakers and tech companies continue to improve the mechanics and reliability of self-driving cars, Arbe Robotics, a Tel Aviv startup developing a high-resolution radar system to help those vehicles detect and identify objects, has raised $9 million to help see itself to its first in-car trials in the next year or two. There are five of these trials in the works right now, founder and CEO… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/YJfKmnKUpe0/
Rebagg loses a ‘g’ to rebrand luxury handbag marketplace
Who needs two g’s when you can get by with one? Luxury handbag marketplace Rebagg is now Rebag because the startup “really wanted to elevate our game,” said Charles Gorra, founder and CEO. “Dropping the ‘g’ is a big symbol.” He believes that the shorter Rebag is more representative of the “simplicity” of the brand. “We also like the… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/3c40wgR0PkU/
Glint raises another $20M to help companies figure out how their employees really feel
Glint, a startup that helps companies improve their employee retention rates, announced today that it has raised $20 million in Series D funding. The round, which includes participation from returning investors Bessemer Venture Partners, Meritech Capital Partners, Norwest Venture Partners and Shasta Ventures, brings Glint’s total funding so far to $80 million. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/MWgxbt54-Lk/
Open source database startup MariaDB confirms $27M investment led by Alibaba
Open source database startup MariaDB has announced a new $27 million round of funding led by Alibaba, confirming the news that TechCrunch reported in September.
As we wrote then, Alibaba contributed the majority of the round, supplying €20 million of the total €22.9 million raised.
A range of existing investors added that extra bit and they were confirmed to include Intel Capital… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/lGxDJ3crCAY/
TransferWise announces whopping $280M investment as early shareholders cash in
TransferWise, the international money transfer company and one of Europe’s better-known unicorns, has announced $280 million in new investment today.
The Series E round is led by asset management firm Old Mutual Global Investors, and Silicon Valley VC firm IVP, and I understand also includes some secondary share dealings, meaning that not all of the cash will register on its balance sheet. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/qPcngpfb7XM/
Blue Apron competitor HelloFresh prices IPO, raising up to $369 million
HelloFresh, the Berlin-based cooking kit delivery company, priced its IPO at the middle of its expected range at €10.25, or roughly $11.91. This means that the company could raise up to €318 million in the offering, or $369 million. The timing of the IPO may come as a surprise to some, given that competitor Blue Apron recently had a lackluster public debut. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/6xinGubOfrU/
Altair Engineering soars 41% in public debut
Michigan-based Altair Engineering is off to the races in its public debut. After pricing shares at $13, the enterprise software company raised $156 million. Then Altair saw its shares soar more than 40 percent to close at $18.31 during the first day of trading. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/kj_Y7Io1v1c/
Quip raises $10 million for electric toothbrushes
There are venture-backed shoes, razors, and glasses. So why not, toothbrushes? Quip has raised a $10 million round for its dental care business. Sherpa Capital, Blue Scorpion VC and Demi Lovato are amongst the investors who participated. The New York-based startup is “a lot more than just an electric toothbrush,” said Simon Enever, founder and CEO. Quip is “looking to help fix… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/i81JFcY4oP8/
InVision picks up $100 million Series E
InVision, the design collaboration tool based out of New York, has today announced the close of a $100 million Series E funding round. The financing was led by Battery Ventures, with participation from existing investors Accel, Tiger Global Management, FirstMark and ICONIQ Capital, along with new investors Spark Capital and Geodesic. InVision launched back in 2011 as a tool that would simply… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/nSF_GFwcq4s/
Sunlight raises £500K seed for its employee learning and development platform
Sunlight, a London startup that offers an employee learning and development platform to let companies offer more bespoke professional development, has picked up £500,000 in seed backing. Leading the round is Speedinvest, with participation from previous backers Seedcamp, and Annection, amongst a number of individuals. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/W0UnkNaTDic/
Europe’s Brighteye Ventures closes €50M fund to invest in edtech startups
Brighteye Ventures, a relatively new European VC dedicated to investing in edtech startups, is announcing that it has closed a €50 million first fund. Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/ga8WSq4YIOc/
China’s JD.com leads $19M investment in Southeast Asian online fashion brand Pomelo
This year has seen unprecedented interest in Southeast Asia’s startups from Chinese tech firms, and today we can add another deal to the pile. JD.com, the close rival to Alibaba, has led a $19 million investment in Bangkok-headquartered online fashion brand Pomelo. The deal, which is the largest Series B for a Thai startup to date, is co-led by Indonesia’s Provident Capital… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/J4juHPkbrzc/
Gaming accessories firm Razer to raise up to $550M in Hong Kong IPO
Razer, the U.S.-Singapore firm that produces PCs and peripherals for gamers, is set to raise as much as $550 million from its Hong Kong IPO after it revealed its price range. The company first filed to go public in July, and today it confirmed that it plans to offer 1,063,600,000 shares at a range of HK$2.93-HK$4.00, that’s around $0.38-$0.51. If the full allocation sells at that top… Read More Source: http://feedproxy.google.com/~r/techcrunch/fundings-exits/~3/zmPrElFO68s/ Source: https://techcrunch.com/
