Greg Tseng is stepping down from the CEO role of if(we) after 11 years running its dating social network Tagged and game studio hi5. He’ll remain a board member. When asked why the change was happening, Tseng tells me “I initiated it and it’s happening the way I want.” The company’s new CEO will be its Chief Operating Officer Dash Gopinath, who was formerly… Read More
from TechCrunch
Box, an enterprise collaboration and file management shop, reported its fiscal third quarter financial results today. The company lost $0.31 per share, using adjusted metrics, on revenue of $78.7 million.
Analysts had expected a $0.31 per-share loss, again using adjusted metrics, off $76.76 million in top line. Its shares up several points in regular trading, Box is down around 4 percent… Read More
from TechCrunch
Netsertive, the marketing intelligence platform, has completed a round of $24 million in Series C funding, led by River Cities Capital Funds. Originally planning to raise $15 million, an additional $9 million was added to the round, which also has participation from Babson Capital Management and Netsertive’s existing investors, including RRE Ventures and Greycroft Partners. Read More
from TechCrunch
November looks to be an auspicious month for power investor firm Tiger Global. The New York hedge fund raised $2.5 billion for new deals back in November 2014, and now, after a spending spree that has seen it put over $1 billion into over 50 companies in 2015 alone, a regulatory filing shows that the firm reloaded with a further $2.5 billion in capital on November 30. Read More
from TechCrunch
Last month, based on an SEC filing, we told you that seven-year-old, San Francisco-based AppDynamics had raised a fresh $83.4 million in funding as part of a round that was targeting up to $150 million. Turns out the company met that target and then some. CEO David Wadhwani — who joined the firm in September after spending more than a decade as an executive at Adobe, including as… Read More
from TechCrunch
Nestio, the NY-based leasing and marketing platform for residential landlords, announced today that is has raised $8M in Series A funding. The round was led by Trinity Ventures, and had participation from previous investors including Freestyle Capital, Joanne Wilson, and David Cohen. The platform, which originally launched as a tool for renters to find apartments, has now grown into a… Read More
from TechCrunch
Enterprise software company Atlassian, which filed a month ago to go public on NASDAQ, has disclosed how much its shares will cost. In a SEC filing, the company said its 20 million shares will be priced between $16.50 to $18.50. Read More
from TechCrunch
Quikr, which claims to be India’s largest classifieds site, is in talks to acquire Commonfloor, a property listings portal. A source says the deal will be worth roughly $200 million and help Quikr build its real-estate listings vertical into an industry leader. Read More
from TechCrunch