Xeneta, the Oslo, Norway-based startup that offers a crowdsourced price comparison service for ocean freight, has raised $12 million in Series B funding. Read More
from TechCrunch
Deals
Today’s Deals – Alibaba’s Ant Financial is raising $3B in debt to finance a global M&A spree
Alibaba affiliate Ant Financial announced a surprise deal to acquire international payment service MoneyGram for $880 million last month, but that looks like being just the start of its M&A activities. A source at the company confirmed to TechCrunch that it is close to raising nearly $3 billion in debt financing in order to bankroll further acquisitions, as The Information and… Read More
from TechCrunch
Today’s Deals – HackerOne scores $40 million investment as bug bounty platform growth continues
For the past several years, HackerOne has been helping customers build bug bounty programs to find vulnerabilities in their software, and today it hauled in a big bounty of its own — a $40 million Series C investment led by Dragoneer Investment Group. Existing investors NEA and Benchmark also participated, as well as a strategic investor the company chose not to disclose. It brings… Read More
from TechCrunch
Today’s Deals – Singapore’s CXA raises $25 million to develop its health-focused insurance brokerage
CXA, a Singapore-based startup insurance brokerage — if such a thing can exist — has scooped up $25 million to expand its service that provide policies with a focus on wellness across Asia.
This is a Series B investment and it was led by B Capital, the BCG-backed fund from Facebook co-founder Eduardo Saverin, and EDBI, the investment arm of the Singapore Economic Development Board. Read More
from TechCrunch
Today’s Deals – LeEco says its acquisition of Vizio remains on track despite FTC charge
Earlier this week smart TV maker Vizio settled an FTC charge for nefariously collecting of data from its customers, but that isn’t deterring China’s LeEco from completing a $2 billion acquisition of the company. Back in July 2016, LeEco announced a surprise $2 billion deal to buy Vizio and thus further expand its business empire, which already covers video streaming, mobile phones… Read More
from TechCrunch
Today’s Deals – NEA co-founder Dick Kramlich launches new $130M Green Bay Ventures fund
Dick Kramlich, the co-founder of NEA, is launching a new $130 million early-stage fund called Green Bay Ventures with partner Anthony Schiller. The fund is geared toward companies Series B and down, focusing on applied artificial intelligence in areas like manufacturing, energy, transportation and logistics, a source tells us. The fund was disclosed in a regulatory filing, and the firm declined… Read More
from TechCrunch
Today’s Deals – Chatbooks raises $11.5 million to put photo printing on auto-pilot
Photo printing services abound online from dotcom-era brands like Shutterfly, to services launched through the years by Apple, Amazon, CostCo and Walgreens. Startups keep cropping up here, too– no surprise given the number of photos people take and share these days, thanks to the proliferation of smartphones and social media. Now, one photo printing startup called Chatbooks has… Read More
from TechCrunch
Today’s Deals – Airsorted, a fast-growing Airbnb management startup, raises £1.5M
London-based Airsorted wants to make the lives of Airbnb hosts easier. The startup says it now manages 1,000 homes, a four-fold increase in the past six months. Read More
from TechCrunch
Today’s Deals – GOAT raises $25m more to expand its mobile sneaker marketplace
Los Angeles-based GOAT has raised another $25 million in funding led by Accel Partners to hire up and expand its distribution capabilities. Read More
from TechCrunch
Today’s Deals – With a $16M Series A, Chorus.ai listens to your sales calls to help your team close deals
Just about everyone can benefit from an extra ear listening in at the right time. And while an ear dedicated to helping me remember the items my housemate asked me to pickup at the store last week has yet to be commercialized into a startup, Chorus.ai is riffing off the concept to deliver a solution to help sales teams close more deals. The team is announcing a $16 million Series A today… Read More
from TechCrunch