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Sqreen has raised a Series A round of $14 million. Greylock Partners is leading the round, existing investors Y Combinator, Alven and Point Nine are also participating. The startup wants to improve security when it comes to web applications and cloud infrastructure. Sqreen doesn’t require you to alter your code or put up a firewall. …
April 2, 2019 | by RaheelIn 2007, Stefania Mallett and Briscoe Rodgers conceived of ezCater, an online marketplace for business catering, and began building the company in Mallet’s Boston home, mostly at her kitchen table. Recently, sitting at that same table, Mallett negotiated with Brad Twohig of Lightspeed Venture Partners the final terms of a $150 million Series D-1 at …
April 2, 2019 | by RaheelJust since months after raising $7 million in Series A funding, German SME banking provider Penta has been acquired by Finleap. Terms of the deal remain undisclosed, although I understand that the acquisition sees Finleap and Penta’s co-founders becoming the challenger bank’s sole owners, with all other shareholders exiting. Launched in late 2014 by Hitfox …
April 2, 2019 | by RaheelToday, investors took off their rose-colored glasses (and pink-colored mustaches) and looked at Lyft’s shares with fresh eyes after Friday’s ebullient debut. And — judging by the company’s share price at the end of the day — what they saw wasn’t exactly to their liking. Lyft’s shares suffered a pretty blue Monday in trading on …
April 2, 2019 | by RaheelThere’s no shortage of so-called femtech startups raising money right now, and little wonder why. Aside from the growing market opportunity — the global fertility services market is expected to reach $31 billion by 2023, says the consultancy Allied Market Research, nearly double where it stood in 2016 — more women are clamoring for information …
April 1, 2019 | by RaheelFrench startup ManoMano is raising a new funding round of $125 million (€110 million). The company operates an e-commerce website and marketplace focused on home improvement and gardening. ManoMano is part of the great unbundling of general e-commerce platforms. By focusing on a vertical in particular, the company can provide a large product offering, competitive …
April 1, 2019 | by RaheelDespite not being Brazilian and having their first exposure to the country only a few years ago, the two co-founders of Escale have managed to raise $22.6 million for their company, which provides customer acquisition services to companies in telecommunications and healthcare across Brazil. Their secret? A knowledge of search engine optimization technologies honed through …
April 1, 2019 | by RaheelThe internet is often lauded for the potential to increase the impact of a range of primary services in emerging markets, including education, commerce, banking and healthcare. While many of those platforms are now being built, a few are finding that a hybrid approach combining online and offline is advantageous. That’s exactly what Jio Health, …
April 1, 2019 | by RaheelJason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor To get big faster, younger unicorns start buying startups sooner Small VC funds continue to raise, despite pressure from above After years of fierce competition as private companies, Uber and Lyft are going public on U.S. markets. …
March 30, 2019 | by RaheelAmid calls for a dozen different global cities to replace Silicon Valley — Austin, Beijing, London, New York — nobody has yet nominated “nowhere.” But it’s now a possibility. There are two trends to unpack here. The first is startups that are fully, or almost fully, remote, with employees distributed around the world. There’s a …
March 30, 2019 | by Raheel