A VC once told me that fear was the best sales tool ever invented. That was in reference to the hockey stick growth his cybersecurity startup was seeing, thanks to a raft of stories in the media regarding high profile cases of companies being hacked. But might the same be said of banks and the pending threat of fintech? Arguably, they have much to fear. Read More
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Okta is setting an increasingly ambitious target for its IPO, now officially pricing it at $17 per share set for its debut tomorrow — and looking to raise as much as $187 million in the hopes that it can capitalize on the newly-open IPO window. There’s been a wave of companies going public in the past quarter alone, with Snap having a largely successful IPO and Yext filing to… Read More
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After postponing its IPO last year, Elevate Credit, the venture-backed lending company, went public on the New York Stock Exchange today. Elevate priced at $6.50 per share, closing the day up over 19% at $7.76, but this was still well below the expected range of $12 to $14. They decided to go through with the offering to take advantage of an open “IPO window,” with a strong… Read More
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Renaud Laplanche had a terrible no good very bad 2016. But the founder and longtime CEO of Lending Club is back with a new lending startup called Upgrade, along with the support of investors who’ve provided the company with $60 million in funding. Read More
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A couple of early-stage venture capital outfits have infused medical practice management platform drchrono with $12 million in Series A financing to help the eight-year-old company compete with EHR incumbents in bigger health organizations like athenahealth and Allscripts. Read More
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Security researcher Jonathan Zdziarski revealed he was joining Apple earlier this month, and now it turns out his Mac security app, Little Flocker, has gone awol because it’s joining F-Secure. Read More
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London-based Triptease, a startup that offers a SaaS to help hotels increase direct sales and therefore keep more revenue, has closed $9 million Series B funding. The new round was led by BGF Ventures, with participation from existing investors Notion Capital and Episode 1 Ventures. Read More
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The timing was perfect. Just as startups were settling into NYU and ffVC’s new brains-meet-money accelerator, “AI Nexus Lab,” Uber acquired Geometric Intelligence. In a stroke of luck, the startup that would become Uber’s AI lab happened to have been raised by NYU Tandon’s Data Future Labs. Uber’s interest in Geometric helped solidify New… Read More
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Coras connects tickets to customers through a global distribution platform so they can purchase tickets through any Coras-connected site. It’s now closed a €1.9 million investment round led by Atlantic Bridge, with participation by The Edge (the guitarist with U2), Hambro Perks and Elkstone Capital. Read More
from TechCrunch
It’s actually a pretty great URL: Bus.com. It’s also a much better brand identity than Sharethebus, which is the old name of the company that just raised a $5 million Series A round from Jackson Square Ventures and BMW’s i Ventures investment arm. Bus.com is the destination you’d expect to head to for what the company does, which is organize charter bus trips for… Read More
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