Buying cool is the best way for big companies to stay cool. Snapchat rightly believes in itself, and now it’s getting bankers to bet on that vision without selling its precious equity. Snapchat has secured a line of credit led by Morgan Stanley, potentially with other banks participating, according to Recode. Snapchat can borrow against that credit line and pay it back later if it… Read More
from TechCrunch
Online merchants spend a lot of money on chargebacks, which are demands by credit card providers to reimburse for fraudulent charges. That’s why Signifyd created technology that assesses a transaction risk before the card is processed. The San Jose-based company is raising $19 million in venture funding for its fraud protection services. Investors include Menlo Ventures, TriplePoint… Read More
from TechCrunch
Google announced today that it intends to purchase Apigee, an API management platform that went public last year, for $625 million or $17.40 a share. The company, which helps customers build digital products with open APIs, has an impressive customer list including Walgreens, AT&T, Bechtel, Burberry, First Data and Live Nation. In a blog post announcing the deal, Diane Greene,… Read More
from TechCrunch
It’s like Craigslist, but with auctions. OfferUp is an app that makes it easy to buy and sell your goods.
The fast-growing Seattle-based company is raising $119 million to continue its global expansion and continue hiring. The round is led by Warburg Pincus and includes funding from GGV Capital, Andreessen Horowitz and T. Rowe Price.
OfferUp users snap a photo of their used items like… Read More
from TechCrunch
Nextail, a Spanish startup that has developed technology to help retailers better manage inventory levels and, ultimately, sell at higher margins, has closed $1.6 million in new funding. The round was led by Nauta Capital, with participation from existing backer Realiza. Read More
from TechCrunch
In an $8.8 billion transaction, Hewlett Packard Enterprise, also known as HPE, will be spinning off its non-core software assets, according to a statement from company CEO Meg Whitman. The assets will be merged with Micro Focus, a British software company, to form a new combined corporation. After separating from Hewlett-Packard last year, HPE forged a business model centered around providing… Read More
from TechCrunch
If you’ve walked around San Francisco, you’ve probably seen them. An eco-friendly and comfortable wool shoe, Allbirds has already developed a cult following in the tech world. Venture capitalists, entrepreneurs and several people on TechCrunch staff wear them. I’ve never worn a pair but TC’s Megan Rose Dickey, Josh Constine and Andrew Sweeney had good things to say… Read More
from TechCrunch
If you’ve walked around San Francisco, you’ve probably seen them. An eco-friendly and comfortable wool shoe, Allbirds has already developed a cult following in the tech world. Venture capitalists, entrepreneurs and several people on TechCrunch staff wear them. I’ve never worn a pair but TC’s Megan Rose Dickey, Josh Constine and Andrew Sweeney had good things to say… Read More
from TechCrunch
WebRTC, a relatively new web standard that allows you to make audio and video calls from your browser without plugins, is becoming increasingly popular. But as more companies and products adopt it, the need for getting better insights into how these calls perform (or when they drop and why) also increases. Callstats.io specializes in monitoring WebRTC connections and helps its customers use… Read More
from TechCrunch
The European on-demand delivery fall out continues. This time it’s the turn of France’s Tok Tok Tok, a Postmates-styled same-hour delivery company, which sent an email to customers earlier today announcing that it was shutting down and that the startup’s tech platform has been acquired by an unnamed “leading player” in the industry. Read More
from TechCrunch