After the vacation marketplace Airbnb last year filed SEC forms raising $555.5 million, today the company filed a new form D that has closed off its Series F with an additional $447.8 million, bringing the total to more than $1 billion — or $1,003,312,065, to be exact. TechCrunch has confirmed with sources close to the company that it is now valued at $31 billion. Read More
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Chairish, the marketplace for vintage and used furniture, is raising $8 million in funding. Altos Ventures, OATV and Azure Capital Partners participated in the round. Founded in 2013, Chairish has become a platform for consignment stores, antique galleries, interior designers and others to buy and sell everything from art to bed frames. Read More
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Another fintech startup has raised a growth round to tap into the estimated $25 trillion market for money transfers. London-based Currencycloud, which builds tools for payment companies to use by way of an API to enable remittances and money exchanges across borders, has raised £20 million ($25 million) in a Series D round of funding led by Google’s GV, its first fintech investment… Read More
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Kidizen, a marketplace for secondhand children’s apparel, has raised $3.2 million in Series A funding, the company announced today. The funding was led by Chicago-based Origin Ventures, who backed the startup following its over 100 percent year-over-year growth in 2016, which has allowed the business to reach over a quarter million registered users across the U.S. Also participating in… Read More
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Viva Republic, the company behind Korean financial services app Toss, has closed a $48 million Series C funding round which includes a strategic investment from payment giant PayPal.
The deal is PayPal’s second investment this year — coming just days after it backed health startup Virta — but the round was led by San Mateo-based VC firm Goodwater Capital, which led Viva… Read More
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In a world where having internet connectivity is the lifeblood of just about every business, Cradlepoint helps customers deliver consistent networking services, even when there is a lousy cell signal. Today the company announced it had secured an $89 million Series C investment from TCV. TCV is the only investor this round, and as part of the deal TCV’s general partner Ted Coons and… Read More
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Hedge fund Dymon Asia is getting into the venture capital game after it announced its maiden fund. Dymon Asia Ventures is focused on fintech deals and it is targeting a $50 million raise. Today, its founding partners disclosed a first close of $20 million from a range of LPs that include Thai bank Siam Commercial (SCB), which ha invested an undisclosed sum via its Digital Ventures arm.… Read More
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Goldbely, the speciality food delivery service, has closed $10M in Series A funding. The round was led by Global Founders Capital and Intel Capital (who also led the company’s seed round). As part of the investment Goldbely is joining the Intel Capital Diversity Fund. Goldbely’s goal is to send you the best food from cities around the U.S, no matter where you are based. So you could… Read More
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Pinterest has made another acquisition that could point to another way that it plans to increase interaction on its visual-search-and-discovery platform: It has acquired Jelly, the startup co-founded by Twitter co-founder Biz Stone and Ben Finkel in 2014 as a “human-powered search engine” — essentially an app that let people ask questions and get crowdsourced replies from… Read More
from TechCrunch
Google today said it is acquiring Kaggle, an online service that hosts data science and machine learning competitions, confirming what sources told us when we reported the acquisition yesterday. The company made the announcement at its Google Cloud Next conference this morning in San Francisco, while not disclosing the terms of the acquisition. But it’s not all that surprising that… Read More
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