Match.com, which is expected to price its IPO tonight, has just filed an updated document with the SEC, saying that it did not condone Tinder CEO’s Sean Rad interview with the London Evening Standard. The controversial interview, in which Rad misused the word “sodomy,” occurred in the weeks leading up to an IPO, when companies are not supposed to promote their stock to… Read More
from TechCrunch
PlanGrid, the company that digitized the construction industry, announced today that it has landed a $40 million investment. Tenaya Capital led the round. Additional investors include Sequoia, Founders Fund, YC Continuity and Northgate. Today’s investment brings the total to over $58 million. PlanGrid CEO Tracy Young says they took the money, even though most of the Series A remains in… Read More
from TechCrunch
Facebook’s on a quest to absorb the Internet, and now it looks like it could invade crowdfunding. Today the company released a new Fundraiser product that allows non-profits to set up a campaign page, show off a video explaining their goal, collect cash, and let people share News Feed posts with buttons so their friends can instantly contribute without clicking to a new page. As is… Read More
from TechCrunch
Wearable clothing may sound like an oxymoron, but it’s a real thing and it’s an expanding category with promise in the fitness industry. Athos, one of a handful of startups building out its wearable clothing brand, recently closed on $35 million in Series C financing from a number of investors, including Social+Capital. The startup faces some nominal competition from wearable… Read More
from TechCrunch
APX Labs, makers of the Skylight smart glasses development platform, announced a $13 million investment today. The round was led by NEA, but there were several others parties involved including CNF Investments, GE Ventures, Salesforce Ventures, SineWave Ventures, and other unnamed investors. Today’s round brings the total raised to $29 million. While the company was happy about the… Read More
from TechCrunch
Though the world of fashion is trying desperately to catch up to the digital age, retail is still fundamentally unchanged. Oak Labs is looking to shake things up with a smart mirror to be placed in the fitting room of clothing stores and boutiques. The company just raised $4.1 million in seed funding led by Wing Venture Capital, and is piloting the software with Ralph Lauren in its Polo… Read More
from TechCrunch
If you weren’t convinced the on-demand delivery space was piping hot right now, wrap your head around this. TechCrunch has learned that Stuart, an on-demand, same-hour delivery startup that is currently pre-launch and operating in stealth, has raised €22 million in funding, largely off the back of an idea and based on the track record of its three founders. Read More
from TechCrunch
Berlin-based Test IO (formerly Testcloud), which offers a self-service ‘crowdtesting’ platform for app and web developers, has closed a $5 million Series A round from Turn/River Capital, the San Francisco-based VC.
The new capital will be used to accelerate growth, including launching in the U.S. and setting up operations in San Francisco, and rebranding to the new name of Test IO. Read More
from TechCrunch
It hard to fathom that back in 2009 VCs were far from convinced that Airbnb was ever going to be a big enough business to pump venture into. Fast forward to 2015 and businesses are being created that effectively sit on top of Airbnb, meaning that the then tenacious startup is now arguably an ecosystem in its own right. Read More
from TechCrunch
Styletag, a fashion flash sales site in India, has landed $7.5 million in angel funding from Jitu Virwani. Read More
from TechCrunch