TechCrunch has confirmed reports that auto startup Zoox is raising about $200 million at a $1 billion valuation. We’ve also learned that investors Lux Capital and DFJ are involved in the round. The Palo Alto-based startup founded by Tim Kentley-Klay and Jesse Levinson, has been deliberately quiet about what they are working on presumably for competitive reasons, but the Zoox team has… Read More
from TechCrunch
Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors, in a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations. As part of accepting the new ownership changes, the investors participating will… Read More
from TechCrunch
Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors. in a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations. It’s another move that new CEO David Sacks is doing in what’s been… Read More
from TechCrunch
If you can’t beat ’em, buy ’em. Apple is in discussions with Tidal about acquiring its music streaming app, which offers exclusives and early releases from big artists like Beyonce and Kanye West. The Wall Street Journal reports that the talks are still early and might not end in a deal, but Apple wants those exclusives to bolster its Apple Music streaming app that’s… Read More
from TechCrunch
500 Startups, known for its work as a startup accelerator, now hopes to incubate its own ideas in-house and spin them off into new companies. Called 500 Labs, it’s a new attempt at finding interesting ideas that might turn out to be good investments. 500 Startups essentially brings in developers and entrepreneurs in residence, giving them the resources to play around with ideas until… Read More
from TechCrunch
There is a lot of noise in the privacy space, says serial entrepreneur and Digi.me founder Julian Ranger. And cutting through that noise is one of the big challenges he reckons stands in the way of his current startup. But the concept behind Digi.me is so intriguing that you really have to hope the team manages to make themselves heard. Today the UK startup is announcing a £4.2… Read More
from TechCrunch
Time for a 12-million gun salute, as the newest Pebble Kickstarter campaign closed its doors with $12.8m raised from almost 67k backers, becoming the third-most-backed crowdfunding campaign on the popular crowdfunding platform. Pebble’s campaign settles into Kickstarter’s most-funded leaderboard surrounded by some familiar faces: three of the top four most successful campaigns… Read More
from TechCrunch
Time for a 12-million gun salute, as the newest Pebble Kickstarter campaign closed its doors with $12.8m raised from almost 67k backers, becoming the third-most-backed crowdfunding campaign on the popular crowdfunding platform. Pebble’s campaign settles into Kickstarter’s most-funded leaderboard surrounded by some familiar faces: three of the top four most successful campaigns… Read More
from TechCrunch
Festicket, the UK startup that lets you book a wide range of music festival experiences, has closed $6.3 million in Series B funding. Lepe Partners led the round, with participation from existing investors Wellington Partners, PROfounders, and Playfair Capital. Read More
from TechCrunch
So much for losing its mojo.
Despite twists and turns in recent years that have sometimes rivaled those of a telenovela, and even with its most famous member, John Doerr, no longer a general partner, Kleiner Perkins has raised two new funds totaling $1.4 billion, show newly processed SEC filings.
The firm’s digital growth fund — its third — has secured $1 billion in… Read More
from TechCrunch