Investment Data

 How do you compete with China’s homegrown social payments giants? Veteran entrepreneur Jeremy Allaire, co-founder of US based social payments app Circle, reckons you don’t; not like for like in the domestic Chinese market… Read More

from TechCrunch

 Equity crowdfunding continues to be a hot topic around the world, with a number of players new and old re-doubling their efforts to capture the wallets of investors everywhere. The most recent example is Invesdor, a platform focusing on Scandinavia, who used its own platform to raise its fourth round of funding. This time, the company raised €1.2m ($1.36) to expand growth, especially in the UK. Read More

from TechCrunch

 French startup Sevenhugs closed a $14.6 million Series A today led by Xerys on a quest to better integrate smart home technology. Sevenhugs has already developed a sleep tracker and is nearing completion on development of a universal smart-remote. Sevenhugs joins Misfit, Hello, and others with its hugOne sleep-tracker. When it launches, the remote will let users simply point to control… Read More

from TechCrunch

 Twilio today said it would price its initial public offering at $15 per share, which would value the company at around $1.23 billion. That would value Twilio above its previous $1 billion valuation from its last financing round. With the pricing, the company expects to raise around $150 million, with an option for another 1.5 million shares to be purchased. It’s also a higher price than… Read More

from TechCrunch

 There are plenty of reasons to keep an eye on Twilio‘s initial public offering, like whether or not it will open the door for more tech IPOs. Here’s a small-but-fun one: The company has organized a live coding event from the New York Stock Exchange. Tomorrow morning, Twilio will bring three developers to the NYSE floor, where they’ll be trying to build as many apps as they… Read More

from TechCrunch

 Let me be very clear — when the right company wants to go public, market conditions just don’t matter. Read More

from TechCrunch

 Every network is under siege these days as attackers search for a way in. The industry lingo calls them attack vectors, but that just means a hacker finds a weak link in the network and exploits it. Once they’re in they begin to do damage, but in doing so, they behave in ways that might be out of the ordinary coming from that particular machine. LightCyber, one of the many cyber… Read More

from TechCrunch

 Ahoy there gig economy… Lystable, which makes a software tool focused on helping businesses manage freelancers, has closed an $11 million Series A round led by Peter Thiel’s Valar Ventures and Goldcrest Capital. Spring Partners also participated in the round. Read More

from TechCrunch

 News of an offer from Tesla to acquire SolarCity came mostly unexpected to traders earlier this afternoon. In a rapid “knee-jerk” reaction, traders bid up SolarCity by 13 percent and sent Tesla tumbling down 12 percent. It is typical for the stock of an acquisition target to spike while the acquirer’s stock falls according to Michael Morosi of Avondale Partners. SolarCity… Read More

from TechCrunch

 DFJ Growth, the 10-year-old growth-stage arm of the 30-year-old Sand Hill Road firm, is raising a new $500 million fund, suggests an SEC filing first flagged by Fortune. The timing fits the narrative of many Silicon Valley venture firms, many of which have been returning to their LPs in two years’ time, rather than a more traditional three or four years. Indeed, the firm raised its… Read More

from TechCrunch