Concord wants to be your all-in-one solution for everything related to contracts. The startup just raised a $3.7 million Series A round from Alven Capital, with existing investors Streamlined Ventures, Bruno Deschamps and Thibault Poutrel also participating. Many departments rely on contracts to work with clients, suppliers, legal partners and more. But it’s still a tedious process as… Read More
from TechCrunch
Magicpin, an India-based company that combines elements of Foursquare with offline-to-online services, has closed a $7 million Series B round. The money comes from existing backers Lightspeed India Partners, Westbridge and undisclosed overseas investors, and it takes the startup past $10 million raised to date. The two-year-old company was founded by former Lightspeed investor Anshoo Sharma… Read More
from TechCrunch
The tech industry is opening its eyes to the possibilities of raising money using cryptocurrencies like bitcoin and Ethereum through ‘initial coin offerings,’ and it’s about to see the first ICO from a major venture-backed company. Last week, Kik, a messaging app popular with young people in North America, announced an ambitious plan to launch its own currency as a basis for… Read More
from TechCrunch
Through Lyft and Uber, the sharing economy has taken a charge at cabs. Airbnb is making hotels palpitate in their pants. If TRVL has its way, it’s the travel agencies’ turn to tremble. Armed with 2.7 million freshly minted dollars from a conglomerate of angel investors, the company is hoping to augment services like Booking.com, Hotels.com and Tripadvisor by adding a soupçon of… Read More
from TechCrunch
If pops are hard to vet, and IPO pricing remains an art-science hybrid, what measuring stick can we use to decide when an IPO did well, versus gains so steep that it probably could have raised a bit more in its flotation? Read More
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The makers of Epic!, one of many apps jockeying to become a “Netflix for books,” have raised $8 million in a round led by Reach Capital, the education-specialized venture firm. Additional investors in the Series C included: TransLink Capital, Rakuten Ventures, Menlo Ventures, WI Harper, Brighteye Ventures and Innovation Endeavors. Epic! at its core is an on-demand, digital… Read More
from TechCrunch
CrowdJustice, a startup that brings crowdfunding to “public interest” litigation, has raised $2 million in seed funding for U.S. expansion. Read More
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Naspers has taken a bite out of yet another food delivery startup, with its commitment to lead and $80 million investment in the Indian online ordering and food delivery startup, Swiggy. The global internet and entertainment conglomerate has invested in several online food ordering and delivery companies worldwide including the Brazilian company iFood, and in Mexico, SinDelantal. Earlier… Read More
from TechCrunch
When Snap went public in early March, it opened up the floodgates after what had been a stagnant period for tech IPOs. The warm investor reception for the Snapchat parent helped pave the way for MuleSoft, Alteryx, Elevate, Okta, Netshoes, Yext, Cloudera and Carvana, which all debuted in March or April.
But then in May we only had Appian. And June isn’t expected to be a strong month… Read More
from TechCrunch
Spotify made a few moves this week that could put them in a better position to join the stock market. On Thursday, it was revealed that the company added four people to its board of directors. The music streaming startup has brought on former Disney COO Tom Staggs; Padmasree Warrior, a Cisco vet who runs an electric car business; Shishir Mehrotra, YouTube’s former head of product… Read More
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