You’ve built an app and it’s blowing up but you have no clue how to scale or retain users. Who do you call? Binary Capital specializes in businesses with initial traction that need direction. Binary’s founding partners got behind Tinder at 12,000 active users, Snapchat at 120,000, and Instagram at 220,000 users, helping them harness their growth. “We invest in… Read More
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Technology Crossover Ventures, the VC that has backed the likes of Facebook, Spotify, LinkedIn, WorldRemit and Zillow, as well as more nascent investments, has closed a fund that will see the company taking many more bets in the near future. TechCrunch has learned and confirmed that it has now closed TCV IX, a $2.5 billion fund that it plans to use for growth-stage investments. Read More
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Brave Software, the new web browser company co-founded by former Mozilla CEO Brendan Eich, has raised $4.5 million in seed funding for the continued development of its open source browser that blocks online ads and other trackers. Unlike traditional web browsers where ad-blocking takes place via a third-party add-on or extension, Brave’s browser has this technology built in, claiming… Read More
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Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it’s buying Fleetmatics, a telematics company based out of Dublin, Ireland, for $2.4 billion in cash, to build out the products that it offers to enterprises in the areas of logistics and workforces that are on the move. The deal will make Fleetmatics a part… Read More
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Video advertising platform Teads has raised a further $47 million in debt financing. Providing the capital are a bank syndicate made up of BNPP, Bank of China, HSBC, Banque Palatine, and BPI. Read More
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China’s Didi Chuxing has confirmed that it has agreed to buy Uber China in a deal that had been heavily speculated earlier today. Read More
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Huge news for China’s ride-sharing industry, it appears that Didi Chuxing will gobble up rival Uber China in a deal that will value the combined entity at $35 billion. Read More
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Huge news for China’s ride-sharing industry, it appears that Didi Chuxing will gobble up rival Uber China in a deal that will value the combined entity at $35 billion. Read More
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It’s no secret Hillary Clinton has a friend in Silicon Valley elites. Now Apple CEO Tim Cook will be helping the democratic presidential candidate raise some cash for her campaign next month, according to an invitation letter obtained by BuzzFeed.
Cook, who will be hosting the fundraiser for the Hillary Victory Fund as a private citizen, not as an Apple rep, will be joined… Read More
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What do Marc Andreessen, Ron Conway, and Naval Ravikant look like as emojis? For the launch of MovieLaLa‘s emoji marketplace MojiLala, the startup made a set inspired by tech’s best known venture capitalists. The list could have included more of the great female and minority VCs like Mary Meeker, Charles Hudson, and Aileen Lee. But here’s a look at caricatures of the 20… Read More
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