CellSavers CEO Itai Hirsch was not a fan of driving to a local repair shop after he’d broken many of his phones and tablets. So he decided to take a run at building CellSavers, an on-demand repair service that’s like an Uber for smartphone repairs. To do that, CellSavers has raised $3 million in seed funding from Sequoia Israel. CellSavers connects users with technicians that will… Read More
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Qihoo, a Beijing-based developer of security software and Internet browsers, announced on Friday that it will go private in a deal worth $9.3 billion. As Reuters notes, this makes Qihoo the latest in a growing list of U.S.-listed Chinese tech firms that have decided to go private. Read More
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Microsoft announced today that it has purchased Metanautix, a big-data focused startup that came out of stealth in 2014. The company was backed by $7 million in capital, including cash from well-known venture firm Sequoia. Terms of the deal were not disclosed. According to TechCrunch’s prior coverage of Metanautix, the company’s external funding came in majority at the time of… Read More
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The first millennial CEO is leading the end of “two-pocket thinking” Read More
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Lily, a drone that is meant to satisfy all your selfie needs, has today announced the close of a $14 million Series A of funding, with investors including Spark Capital, SV Angel, Stanfrod-StartX Fund, Steve Aoki and Joe Montana. That said, the company also announced it would be postponing its ship date until Summer 2016. Lily originally put their flying camera up for pre-sale (via their… Read More
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Finnish mobile OS maker Jolla, whose Sailfish platform is one of the few remaining alternatives trying to fight the Android-iOS duopoly, has pulled out of its latest financing death valley by closing a delayed Series C financing round. Read More
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Rivigo, an Indian startup that wants to build a more reliable and safer logistics network, has raised a $30 million Series B led by SAIF Partners. The funding, which includes equity and debt financing, will go toward improving Rivigo’s proprietary hardware platform, which it uses to reduce driver fatigue, find the best traffic routes, and monitor the performance of its trucks. Read More
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Today Dell subsidiary SecureWorks filed to go public, showing expanding revenue, and ramping losses. Dell, then a public company, acquired SecureWorks in 2011 for a reported $612 million. TechCrunch reported in October that SecureWorks had filed for an IPO privately. The company’s S-1 filing, released today, fits into that timing. Before we get into the numbers, keep in mind the… Read More
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Radically transparent social media scheduling firm Buffer, which does stuff like publish its staff salaries and publicly detail its company revenue, has announced its first major acquisition — buying social media customer support tool Respondly for — wait for it — an undisclosed amount… Read More
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Billion-dollar Chinese Internet firm Tencent bought an undisclosed majority stake in Riot Games back in February 2011, and now it has closed out the deal by fully acquiring the games firm behind hit title ‘League of Legends’. Read More
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