Regional media startup Tech In Asia is close to raising as much as $6 million in new funding, three sources with knowledge of the round told TechCrunch.
Singapore-based Tech In Asia’s most recent raise was a $4 million Series C that closed in June 2015, previous funding prior to that was undisclosed. The site was one of the first to cover tech and startup news across Asia since its… Read More
from TechCrunch
Over the past few years we’ve seen a lot of anger. We’ve seen a seemingly sane country cut itself off from mainland Europe and we’ve seen a seemingly beneficent border police force turn angry. We’ve heard that immigrants steal our jobs, kill our people, and bring in drugs and terror. This is wrong. On the pro-side we know that immigrants, as a whole, commit less crime… Read More
from TechCrunch
It’s the first enterprise tech IPO of the year and it’s off to the races. MuleSoft, which helps businesses like Netflix and Spotify with their APIs, closed at $24.75, a 46% premium to its IPO price of $17. This was after pricing above the expected range of $14 to $16. The company was able to raise $221 million in the IPO, but they could have raised a lot more if they priced it… Read More
from TechCrunch
One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out.
This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief Alex Wilhelm and I sat down with investor and SaaStr founder Jason Lemkin to talk about Tesla’s $1 billion raise, the return of IPOs and recent acquisitions in the technology… Read More
from TechCrunch
Enterprise software company MuleSoft will go public tomorrow and just priced their IPO at $17 – slightly above the proposed $14-16 range.
The company will start trading on the New York Stock Exchange tomorrow, under the symbol “MULE”. Founded in 2006, MuleSoft is an integration platform that helps help businesses use APIs to connect different types of software and… Read More
from TechCrunch
True&Co., an e-commerce company founded with the mission of disrupting the lingerie industry by creating a new business model for selling bras and other undergarments, has been sold. Phillips Van Heusen (PVH), owner of Calvin Klein, Tommy Hilfiger and Izod, among other iconic brands, has acquired the startup and plans to use it to move deeper into online sales and big data… Read More
from TechCrunch
Whether or not you like the so-called Internet of Things, the fact is that we do live in an internet of things, and every one of those things has a chip inside it. These chips are very advanced, of course, but also in many ways very traditional. Reduced Energy Microsystems wants to upend the status quo with a chip tech that the competition is too set in their ways to adopt. Read More
from TechCrunch
Online fashion retailer ModCloth, known for its vintage-inspired and indie apparel, is on the verge of being acquired by Walmart, by way of its subsidiary, Jet.com. The deal, which had already been rumored, is almost finalized and will fetch a price tag between $50 million and $75 million, sources tell TechCrunch. This is a disappointing outcome for ModCloth, which had raised $78… Read More
from TechCrunch
Helpling, the Rocket Internet-founded company that lets you book a range of home services online, is disclosing €10 million in new funding. The round was led by Asia Pacific Internet Group (APACIG), the joint venture between Rocket Internet and Ooredoo, and also includes a number of other existing investors. Read More
from TechCrunch
After launching its first car last year, Alibaba is digging deeper into the automobile industry. The Chinese Internet and e-commerce behemoth is the lead investor in smart car tech developer WayRay’s $18 million Series B round, the startup announced. Read More
from TechCrunch