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There is no shortage of coverage about the sprawling entertainment industry. There is a shortage of coverage for die-hard fans of reality TV shows, according to Kate Ward and Lindsay Mannering. That opening in the market is why the two — former colleagues at the women’s website Bustle, where Ward was the founding editor-in-chief and …
April 21, 2020 | by RaheelHello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re hunting up “green shoots” for software companies. Green shoots is financial slang for positive signals that could point to an economic recovery — or good news amidst a greater pullback. You can …
April 21, 2020 | by RaheelThe pandemic may feel all-encompassing at the moment, but Confluent announced a $250 million Series E today, showing that major investment continues in spite of the dire economic situation at the moment. The company is now valued at $4.5 billion. Today’s round follows last year’s $125 million Series D. At that point the company was …
April 21, 2020 | by Raheel“If your kids aren’t sleeping, you aren’t sleeping,” says Moshi founder and CEO Ian Chambers. As mindfulness apps grow increasingly popular among adults, Moshi is looking to bring mindfulness and meditative techniques to children. The app today announced the close of a $12 million Series B financing led by Accel, with participation from Latitude Ventures …
April 21, 2020 | by RaheelLast week, Lightspeed Venture Partners announced that it had closed on $4.2 billion in new capital across three distinct funds — an $890 million early-stage venture fund, a $1.83 billion later-stage fund and a $1.5 billion “opportunity fund.” With offices in the U.S., China, India, South East Asia, U.K. and Israel, the firm certainly has …
April 21, 2020 | by RaheelMore departures are taking place at Bó, the digital bank developed by RBS-owned Natwest. Following the departure of Bó CEO Mark Bailie in January, the latest to seek a new opportunity is chief product officer Ollie Purdue, TechCrunch has learned. According to sources, Purdue is joining Antler, the company builder and early-stage venture capital firm …
April 21, 2020 | by RaheelIn recent years, fintech’s revolution has felt like a rising tide. Behemoths like Stripe and Square edged out banks while newbies like Brex nonchalantly raised nine-figure rounds. Today, however, the state of the financial technology industry feels more wobbly — some healthy startups in the genre are faring better than ever, while others are feeling …
April 21, 2020 | by RaheelDisruptor Beam, the mobile gaming startup behind Star Trek Timelines, has a new name and a new business. It’s now calling itself Beamable, and it’s selling a set of tools to help game developers add commerce and social functionality to their titles. The company’s direction became clear earlier this year when it sold Timelines to …
April 21, 2020 | by RaheelEnv0, a startup that wants to help companies bring some order to delivery of Infrastructure as Code, announced a $3.3 million seed investment today and the release of the Beta of the company’s first product. Boldstart Ventures and Grove Ventures co-led the round with participation from several angel investors including Guy Podjarny of Snyk. Company …
April 21, 2020 | by RaheelConsumer financial services platform SoFi is making its first expansion outside of the United States with the acquisition of Hong Kong-based investing app 8 Securities. The terms of the deal were not disclosed. Targeted to personal investors, 8 Securities will rebrand to SoFi Hong Kong and retain its team, who will began launching services in …
April 21, 2020 | by Raheel