Uber, the on-demand transportation company that has amassed around $10 billion in funding to date, is raising once more. This time, it is looking to to $2.1 billion, in a Series G round that could value the company has high as $64.6 billion if all the shares are issued, TechCrunch has confirmed with a source close to the company. The fresh funding, reported first by Bloomberg, is… Read More
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Staffly, an online retail staffing company that appeared in the TechCrunch Disrupt Battlefield competition in September, announced that it has received $1.25 million in seed round funding today. ff Venture Capital led the round with participation from existing shareholders LionBirdm, Three Fish Capital and WS Ventures. Today’s investment brings the total to just around $2 million,… Read More
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While Amazon expands Prime Now restaurant ordering and delivery to more cities, a startup has picked up funding to go head to head with it and the many others in the crowded food-on-demand category. EatStreet, a platform for restaurants mainly located in smaller cities to take orders online or by mobile, has picked up $15 million in a Series C investment. The investment was co-led by… Read More
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“Which version of this design are we on? Did you make the suggested edits? Why is it taking so long to export?” Today, interface design collaboration tool Figma arrives to eliminate these questions with its browser-based alternative to Adobe’s desktop software. Figma constantly saves projects in the cloud with version control so teammates can always review, go back and modify,… Read More
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Greg Tseng is stepping down from the CEO role of if(we) after 11 years running its dating social network Tagged and game studio hi5. He’ll remain a board member. When asked why the change was happening, Tseng tells me “I initiated it and it’s happening the way I want.” The company’s new CEO will be its Chief Operating Officer Dash Gopinath, who was formerly… Read More
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Box, an enterprise collaboration and file management shop, reported its fiscal third quarter financial results today. The company lost $0.31 per share, using adjusted metrics, on revenue of $78.7 million.
Analysts had expected a $0.31 per-share loss, again using adjusted metrics, off $76.76 million in top line. Its shares up several points in regular trading, Box is down around 4 percent… Read More
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Netsertive, the marketing intelligence platform, has completed a round of $24 million in Series C funding, led by River Cities Capital Funds. Originally planning to raise $15 million, an additional $9 million was added to the round, which also has participation from Babson Capital Management and Netsertive’s existing investors, including RRE Ventures and Greycroft Partners. Read More
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November looks to be an auspicious month for power investor firm Tiger Global. The New York hedge fund raised $2.5 billion for new deals back in November 2014, and now, after a spending spree that has seen it put over $1 billion into over 50 companies in 2015 alone, a regulatory filing shows that the firm reloaded with a further $2.5 billion in capital on November 30. Read More
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Last month, based on an SEC filing, we told you that seven-year-old, San Francisco-based AppDynamics had raised a fresh $83.4 million in funding as part of a round that was targeting up to $150 million. Turns out the company met that target and then some. CEO David Wadhwani — who joined the firm in September after spending more than a decade as an executive at Adobe, including as… Read More
from TechCrunch
Nestio, the NY-based leasing and marketing platform for residential landlords, announced today that is has raised $8M in Series A funding. The round was led by Trinity Ventures, and had participation from previous investors including Freestyle Capital, Joanne Wilson, and David Cohen. The platform, which originally launched as a tool for renters to find apartments, has now grown into a… Read More
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