Hair color startup Madison Reed is on a tear. Over the past year, the San Francisco-based company quietly raised $13 million in new venture funding, landed its products on the television shopping network QVC, launched a chatbot, and opened a New York City storefront called the Madison Reed Color Bar. Such efforts helped it double revenue in 2016, says CEO and founder Amy Errett, though she… Read More
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Xeneta, the Oslo, Norway-based startup that offers a crowdsourced price comparison service for ocean freight, has raised $12 million in Series B funding. Read More
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Alibaba affiliate Ant Financial announced a surprise deal to acquire international payment service MoneyGram for $880 million last month, but that looks like being just the start of its M&A activities. A source at the company confirmed to TechCrunch that it is close to raising nearly $3 billion in debt financing in order to bankroll further acquisitions, as The Information and… Read More
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For the past several years, HackerOne has been helping customers build bug bounty programs to find vulnerabilities in their software, and today it hauled in a big bounty of its own — a $40 million Series C investment led by Dragoneer Investment Group. Existing investors NEA and Benchmark also participated, as well as a strategic investor the company chose not to disclose. It brings… Read More
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CXA, a Singapore-based startup insurance brokerage — if such a thing can exist — has scooped up $25 million to expand its service that provide policies with a focus on wellness across Asia.
This is a Series B investment and it was led by B Capital, the BCG-backed fund from Facebook co-founder Eduardo Saverin, and EDBI, the investment arm of the Singapore Economic Development Board. Read More
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Earlier this week smart TV maker Vizio settled an FTC charge for nefariously collecting of data from its customers, but that isn’t deterring China’s LeEco from completing a $2 billion acquisition of the company. Back in July 2016, LeEco announced a surprise $2 billion deal to buy Vizio and thus further expand its business empire, which already covers video streaming, mobile phones… Read More
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Dick Kramlich, the co-founder of NEA, is launching a new $130 million early-stage fund called Green Bay Ventures with partner Anthony Schiller. The fund is geared toward companies Series B and down, focusing on applied artificial intelligence in areas like manufacturing, energy, transportation and logistics, a source tells us. The fund was disclosed in a regulatory filing, and the firm declined… Read More
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Photo printing services abound online from dotcom-era brands like Shutterfly, to services launched through the years by Apple, Amazon, CostCo and Walgreens. Startups keep cropping up here, too– no surprise given the number of photos people take and share these days, thanks to the proliferation of smartphones and social media. Now, one photo printing startup called Chatbooks has… Read More
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London-based Airsorted wants to make the lives of Airbnb hosts easier. The startup says it now manages 1,000 homes, a four-fold increase in the past six months. Read More
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Los Angeles-based GOAT has raised another $25 million in funding led by Accel Partners to hire up and expand its distribution capabilities. Read More
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