Addepar, the provider of data collection and monitoring services for the financial industry (it’s Palantir’s somewhat less ethically compromised cousin), has raised a whopping $140 million in its latest round of funding. Think of Addepar as the tool that gives portfolio managers for the world’s super rich a way to see exactly what those super rich own. Read More
from TechCrunch
Yahoo’s shareholders have approved the sale of Yahoo’s operating business to Verizon in a vote held today and confirmed in a press release sent out following the meeting. Read More
from TechCrunch
French startup Algolia just raised a $53 million Series B round led by Accel, a couple of years after raising $18.3 million with… Accel also leading the round. So it looks like it’s a love story between the VC firm and the software-as-a-service startup. Read More
from TechCrunch
Revolut, the rather noisy London fintech startup that offers a card and current account features that comes with low currency exchange, has taken venture debt from U.S.-based Triplepoint Capital, according to a regulatory filing. The amount remains undisclosed, though I understand the financing is to see the company through to a much larger Series B round currently in the works. Read More
from TechCrunch
London-based Trint, a startup co-founded by Emmy-winning journalist Jeff Kofman, is tackling a paint-point I know all too well: the time it takes to transcribe an interview (or any audio) accurately. Read More
from TechCrunch
It’s been a rocky road to glory for Discord, a startup whose iPad battle arena game, “Fates Forever,” earned it a top spot at our 2013 TechCrunch Disrupt show, but wound up flopping with users. What a difference a few years makes. After pivoting to a voice and text chat tool for video game teams and trash talkers in 2015, Discord’s current trajectory makes it one of… Read More
from TechCrunch
Investors greeted ShotSpotter with a warm reception on Wednesday, on its first day as a public company. After pricing the IPO at $11, the stock closed at $13.86, or up about 26%. ShotSpotter notifies police departments about gun violence by using sensors that ignore ambient noise. Their sophisticated technology alerts authorities within 45 seconds of the trigger being pulled. It’s… Read More
from TechCrunch
Cadre, a three-year-old, New York-based real estate startup, has raised $65 million in Series C funding led by Andreessen Horowitz. Cadre, which aims to make it easier for family offices, endowments and other moneyed investors to invest in real estate using technology, closed its Series B round with $50 million in January of 2016. It raised $18.3 million in Series A funding in 2015. Read More
from TechCrunch
Whether you love or hate native content, revenues from traditional display advertising continue to decline for most publishers, and native ads are one of the few new revenue opportunities for them. Enter Pressboard, a native ad marketplace that today announced it has raised a $2 million funding. Read More
from TechCrunch
Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fashion tycoon Anders Holch Povlsen, is becoming a “qualified owner” of Klarna — that is, buying up at least 10 percent of the company. This is a secondary deal: specifically,… Read More
from TechCrunch