500 Startups, known for its work as a startup accelerator, now hopes to incubate its own ideas in-house and spin them off into new companies. Called 500 Labs, it’s a new attempt at finding interesting ideas that might turn out to be good investments. 500 Startups essentially brings in developers and entrepreneurs in residence, giving them the resources to play around with ideas until… Read More
from TechCrunch
There is a lot of noise in the privacy space, says serial entrepreneur and Digi.me founder Julian Ranger. And cutting through that noise is one of the big challenges he reckons stands in the way of his current startup. But the concept behind Digi.me is so intriguing that you really have to hope the team manages to make themselves heard. Today the UK startup is announcing a £4.2… Read More
from TechCrunch
Time for a 12-million gun salute, as the newest Pebble Kickstarter campaign closed its doors with $12.8m raised from almost 67k backers, becoming the third-most-backed crowdfunding campaign on the popular crowdfunding platform. Pebble’s campaign settles into Kickstarter’s most-funded leaderboard surrounded by some familiar faces: three of the top four most successful campaigns… Read More
from TechCrunch
Time for a 12-million gun salute, as the newest Pebble Kickstarter campaign closed its doors with $12.8m raised from almost 67k backers, becoming the third-most-backed crowdfunding campaign on the popular crowdfunding platform. Pebble’s campaign settles into Kickstarter’s most-funded leaderboard surrounded by some familiar faces: three of the top four most successful campaigns… Read More
from TechCrunch
Festicket, the UK startup that lets you book a wide range of music festival experiences, has closed $6.3 million in Series B funding. Lepe Partners led the round, with participation from existing investors Wellington Partners, PROfounders, and Playfair Capital. Read More
from TechCrunch
So much for losing its mojo.
Despite twists and turns in recent years that have sometimes rivaled those of a telenovela, and even with its most famous member, John Doerr, no longer a general partner, Kleiner Perkins has raised two new funds totaling $1.4 billion, show newly processed SEC filings.
The firm’s digital growth fund — its third — has secured $1 billion in… Read More
from TechCrunch
Some closure (literally and figuratively) for Move Loot, the furniture resale marketplace that we wrote earlier this month was up for sale. The startup — backed by nearly $22 million in funding from a list of top investors that included Y Combinator, GV, Index, Metamorphic and Sherpa — has shut down its business, and it has sold its customer list to Handy, the home services… Read More
from TechCrunch
Shasta Ventures is raising up to $300 million for a fifth fund according to a new SEC filing that lists managing director Jason Pressman and Rob Coneybeer (Coneybeer co-founded Shasta with fellow managing directors Tod Francis and Ravi Mohan in 2004; Pressman joined the following year).
Shasta appears to be sticking with its knitting with its new fund. It saw an enormous return when its… Read More
from TechCrunch
London-based addressing platform startup, what3words, which has created a universal postcode/zip code alternative aimed at simplifying location sharing, has taken in new funding round led by logistics company Aramex. Read More
from TechCrunch
Compass, a 5.5-year-old startup that had raised $3.7 million from investors for its business monitoring and intelligence service, is getting out of the crowded business of field of benchmarking startups and instead zeroing in what it sees as a far more underserved market: it’s helping e-commerce businesses grow their revenue. The San Francisco-based company just closed $1 million in… Read More
from TechCrunch