Earlier this week we wrote about how two big players in the pet-care business, Rover and DogVacay, decided to merge. Well, sources tell us that over the past two years Wag, another player in the dog-walking space, raised two rounds of funding to support expansion into new markets. Read More
from TechCrunch
Cloudera, the enterprise big data company that’s received significant backing from Intel, has unveiled its much-anticipated IPO filing. In the S-1, we get a glance at their financials. Revenue is growing, bringing in $261 for the fiscal year ending in January and $166 million for the same period last year. Losses were $186.32 million, down from $203 million year-over-year. We… Read More
from TechCrunch
Meal kit makers Blue Apron may be preparing to file for a 2017 IPO, according to Reuters. The report says that the food startup has hired bankers from Goldman Sachs, Morgan Stanley and Citigroup to this end. The whole thing has stirred up quite the conversation over here at TechCrunch, and we’ve been arguing amongst ourselves about the likelihood that the Blue Apron IPO happens soon, or… Read More
from TechCrunch
Munchery, an on-demand food delivery startup that has already raised more than $120 million, is reportedly looking to raise an additional $15 million in funding that would force a recapitalization of the company. Munchery reportedly has raised more than $5 million in this new financing. Read More
from TechCrunch
Preteen unicorn Dropbox needs some cash real quick, so the company just secured a $600 million credit line according to a new Bloomberg report. This could be the company’s last “funding” round before its initial public offering. According to Bloomberg, Dropbox is thinking about going public before the end of the year. According to what we’ve heard, the timeline… Read More
from TechCrunch
Business intelligence platform Looker is announcing a wholesome $81.5 million Series D today led by CapitalG, Alphabet’s cleverly named growth investment arm. Goldman Sachs and Geodesic Capital helped fill out the round, joining existing investors, KPCB, Meritech Capital Partners, Redpoint and Sapphire Ventures.
Rather than compete in segmented markets against visualization and data… Read More
from TechCrunch
A Santa Clara, Calif. startup called JoyRun has raised about $10 million in Series A and seed funding for its peer-to-peer food and drinks delivery app. Floodgate led the $8.5 million Series A round in JoyRun, and Norwest Venture Partners led the company’s earlier $1.3 million seed round. Other investors joining both rounds included: Visionnaire Ventures, Morado Ventures, CrunchFund… Read More
from TechCrunch
Raise.me, a service that gives colleges and universities (including my alma mater, Oberlin) an ability to award “micro-scholarships” for academic and extracurricular achievements throughout high school — rather than doling out lump-sum awards after a student applies to their school — has attracted $12 million in new venture capital financing to expand the service… Read More
from TechCrunch
It’s no secret that communications between patients and their doctors and pharmacists is anything but seamless. The same is true for communications between doctors and the labs and insurance companies with which they work. Carbon Health, a San Francisco-based startup, is aiming to create a two-sided marketplace that makes it easier for everyone involved to know what’s what. Read More
from TechCrunch
Putting an end to a fierce competition to dominate the pet-sitting business, Rover and DogVacay have agreed to join forces. Rover will be acquiring DogVacay in an all-stock deal. DogVacay’s investors, including Benchmark, Andreessen Horowitz, First Round and Foundation Capital, will now become Rover shareholders. Further terms of the deal were not disclosed, but “all of our… Read More
from TechCrunch