A new Delaware filing for Airbnb, identified by CB Insights, suggests that the travel service has authorized another $153 million in Series F shares. This implies that they might be raising an extension to their financing $555 million round from a few months back. The filing prices the shares at $105, consistent with the latest round, which was said to be about a $30 billion valuation. Uber is… Read More
from TechCrunch
Hotel search site Trivago went public on Friday, after separating from Expedia. The company priced its shares at $11 and closed the day at $11.85, up 7.73%.
But this was after pricing at $11 per share, below the $13 to $15 range that had been forecast. The company raised $287 million in the offering and plans to use the capital to focus on growth and potentially make strategic… Read More
from TechCrunch
Managed By Q, a service that automates office management, has raised $30 million in Series C funding, according to SEC filings.
Managed By Q started off as a NY-based platform that let office administrators more efficiently deal with the tedious housekeeping of an office, from cleanings to supplies to IT to handy work. Upon signing up with the service, Managed By Q drops by to install a… Read More
from TechCrunch
Let’s face it, if you’re an investor, you were probably priced out of these insanely large rounds. If you’re a founder, you’re swooning at the mere prospect of making such a statement. But no matter who you are, a lot can be gleaned from analyzing investment trends. Looking at B rounds provides a nice balance between the somewhat predictable success stories of… Read More
from TechCrunch
A Taiwan-based startup called Next Entertainment has raised $25 million in an outsized Series A round of funding for apps that make it possible to live stream for a living. The company’s founder and CEO, Andy Zhong, is no stranger to tech and new media. He previously started FunPlus, a social gaming company acquired by a Chinese conglomerate, Zhongji, in 2014 for $960 million. In… Read More
from TechCrunch
NextView Ventures, a seed-stage venture firm in Boston, is looking to raise at least $50 million for a third fund, shows an SEC filing that was processed yesterday. The firm closed its second fund with $40 million in 2014 and its debut fund with $21 million in 2012.
NextView was founded in 2010 by three former veterans of other venture firms: Dave Beisel, who’d previously worked for… Read More
from TechCrunch
Airfare prediction app Hopper has grown from 1 million downloads to over 10 million in the course of a year – a trajectory that’s allowed it to pull in $82 million CAD (~$61.2 million US) in additional funding to continue to grow its business. The Series C round was led by North American pension fund manager, Caisse de dépôt et placement du Québec, and includes participation… Read More
from TechCrunch
Kreditech — the online lender that builds credit histories based on big data analytics and is backed by the likes of Peter Thiel, Blumberg and the World Bank’s IFC — is today announcing a new strategic investor, and with it, a little more funding. The Berlin startup has raised $10 million from Rakuten, the e-commerce giant out of Japan. The investment comes out of… Read More
from TechCrunch
Codementor (incorporated as Peer Idea Inc.) has raised $1.6 million in seed funding to grow its online education business into a marketplace for elite freelance developers who are among the top-rated mentors on its site. Based in Mountain View with a development office in Taiwan, Codementor is a graduate of Techstars in Seattle. WI Harper led the seed round in Codementor, which had… Read More
from TechCrunch
Stash, a mobile application that aims to make investing easier for those who aren’t as financially experienced, has raised $25 million in Series B funding, the company announced today. The round, which follows the startup’s $9.25 million Series A just this August, was led by prior investor Valar Ventures, with participation from Breyer Capital, Goodwater Capital, and Entrée… Read More
from TechCrunch