TL;DR: Cloudera’s recent IPO filing shows a company with steep losses and rapid revenue growth. Today we’ll examine Cloudera’s finances and where it fits into the current IPO universe. Why do we care? The Cloudera IPO could impact a host of other forthcoming debuts from companies that are also running in the red. Read More
from TechCrunch
Iyzico, the Turkish fintech startup to let e-commerce sites and other apps easily accept online payments, has closed $15 million in a Series C round, $12 million of which was announced earlier this year. Read More
from TechCrunch
When I first met Cloudera CEO Tom Reilly in 2015 at the Intel Capital Summit, we were about to go onstage for a fireside chat to discuss, among other things, Intel’s massive investment in his company. While onstage, the conversation inevitably turned to when the company might go public. As you might expect, he gave me the standard startup CEO answer. Read More
from TechCrunch
Zero-fee stock trading app Robinhood has added to its coffers, raising another big round of funding. According to sources, the round was led by Yuri Milner investment vehicle DST Global and values the company at $1.3 billion dollars. Read More
from TechCrunch
Earlier this week we wrote about how two big players in the pet-care business, Rover and DogVacay, decided to merge. Well, sources tell us that over the past two years Wag, another player in the dog-walking space, raised two rounds of funding to support expansion into new markets. Read More
from TechCrunch
Cloudera, the enterprise big data company that’s received significant backing from Intel, has unveiled its much-anticipated IPO filing. In the S-1, we get a glance at their financials. Revenue is growing, bringing in $261 for the fiscal year ending in January and $166 million for the same period last year. Losses were $186.32 million, down from $203 million year-over-year. We… Read More
from TechCrunch
Meal kit makers Blue Apron may be preparing to file for a 2017 IPO, according to Reuters. The report says that the food startup has hired bankers from Goldman Sachs, Morgan Stanley and Citigroup to this end. The whole thing has stirred up quite the conversation over here at TechCrunch, and we’ve been arguing amongst ourselves about the likelihood that the Blue Apron IPO happens soon, or… Read More
from TechCrunch
Munchery, an on-demand food delivery startup that has already raised more than $120 million, is reportedly looking to raise an additional $15 million in funding that would force a recapitalization of the company. Munchery reportedly has raised more than $5 million in this new financing. Read More
from TechCrunch
Preteen unicorn Dropbox needs some cash real quick, so the company just secured a $600 million credit line according to a new Bloomberg report. This could be the company’s last “funding” round before its initial public offering. According to Bloomberg, Dropbox is thinking about going public before the end of the year. According to what we’ve heard, the timeline… Read More
from TechCrunch
Business intelligence platform Looker is announcing a wholesome $81.5 million Series D today led by CapitalG, Alphabet’s cleverly named growth investment arm. Goldman Sachs and Geodesic Capital helped fill out the round, joining existing investors, KPCB, Meritech Capital Partners, Redpoint and Sapphire Ventures.
Rather than compete in segmented markets against visualization and data… Read More
from TechCrunch