SnapLogic solves a big problem for companies. It helps them connect legacy data sources to the cloud or to an in-house data lake. Today, it announced a $40 million round, almost exactly a year after announcing a $37.5 million round. The round was led by European private equity firm Vitruvian Partners with participation from previous investors Andreessen Horowitz, Capital One, Ignition… Read More
from TechCrunch
GoDaddy is on a shopping spree. Yesterday we reported that the domain and hosting company had bought WP Curve, a WordPress services startup to expand its WordPress support team. And today the company has just announced a much bigger deal. GoDaddy has acquired European rival Host Europe Group (HEG) for $1.8 billion – including €605 million paid to existing Host Europe… Read More
from TechCrunch
German hotel booking site Trivago updated its plans for a U.S. IPO in a filing that came out on Monday. The company expects to price its shares between $13 to $15, a $428 million offering at the top end of the range. Officially named Travel B.V., the company will change its name to Trivago to match its popular web property, before completing the IPO later this month. Expedia will still own… Read More
from TechCrunch
There’s no shortage of entrepreneurs in Africa, but their ambitions are often hampered by the lack in many countries of reliable and affordable digital payment systems. Moneywave wants to empower individuals and small merchants to take part in the thriving digital economy by letting them accept payment however it’s offered, and receive it instantly in whatever form they choose. Read More
from TechCrunch
While the IPO window might be quite a little more narrow these days and there’s plenty of uncertainty, it doesn’t necessary mean the end of the venture capital world — at least, not yet. Instead, it would seem that a lot of the VC world is in a holding pattern while they wait for everything to shake out — whether that’s for additional private capital to return,… Read More
from TechCrunch
When companies are looking to secure the information they have in their databases, it’s a pretty big challenge no matter how you slice it. Unless you have a large security budget that can manage permissions and figure out who is doing what, you are probably cobbling together whatever technology you can from open source locations, strongDM CEO Elizabeth Zalman says. So there needs to be a… Read More
from TechCrunch
E-commerce company Shopify is doubling down on its mobile product ambitions with today’s acquisition of digital product studio Tiny Hearts. The studio has released a number of mobile apps, games and bots over the past several years, including popular consumer-facing apps like Quick Fit, Next Keyboard, InstaMatch, and Wake Alarm. Prior to the deal, the team had also worked with… Read More
from TechCrunch
Hyperloop Transportation Technologies (HTT), the counterpart startup to Hyperloop One, which is also building a prototype of Elon Musk’s hyperloop system, says it has raised a little over $108 million dollars to build the tech aiming to zip us from San Francisco to Los Angeles in under half an hour. To be clear, the company has raised a total of $31.8 million in cash from investors… Read More
from TechCrunch
One-hundred and forty-three. That’s not the new character limit or the number of heads of product Twitter has employed over the few years (though close). That, rather, is the amount of times the new fellow filling that role has tweeted over the course of the past nine years — a number that includes two recent updates from the past couple of hours acknowledging the gig, one of… Read More
from TechCrunch
Bullpen Capital, a venture firm that specializes in post-seed stage deals, has closed its third fund at $75 million. The firm invests in companies that previously closed a seed round of investment, showed solid signs of traction, but have been dubbed too early for traditional VC’s anyway. Bullpen founder, Paul Martino, said “Our rounds get the CEOs real coverage. We put founders… Read More
from TechCrunch