Posts filtered by tags: Franklin Templeton[x]


 

SpotOn raises $300M at a $3.15B valuation and acquires Appetize

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 billion — more than 5x of its valuation at the time of its Series C round, and significantly higher than its $1.875 billion valuation in May (yes, just thr...
Tags: Fundings & Exits, Startups, Instagram, Finance, Funding, Los Angeles, San Francisco, Startup, Tech, SaaS, Venture Capital, M&a, Square, Mobile Web, Payments, Online Payments


Lucid Motors drops 19% ahead of the EV maker's first share lockup expiration since SPAC merger

MediaNews Group/Bay Area News via Getty Images Lucid Motors tumbled as much as 19% on Wednesday as the share lockup period expired for some shareholders. It's the first day some of Lucid's biggest stakeholders can sell their stock since the company's SPAC merger in July. Lucid is trading roughly 30% lower than the close on its public debut day. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Lucid Motors fell as much as 19% on Wednesday, the first d...
Tags: Trends, Markets, Tesla, Cnbc, Lucid, SPAC, Neuberger Berman, Franklin Templeton, Lucid Motors, Lucid Air, Peter Rawlinson, Churchill Capital, Emily Graffeo, MediaNews Group Bay Area News, MI Exclusive, Lucid Motors stock price


Talkdesk’s valuation jumps to $10B with Series D for smart contact centers

Talkdesk, a provider of cloud-based contact center software, announced $230 million in new Series D funding that more than triples the company’s valuation to $10 billion, Talkdesk founder CEO Tiago Paiva confirmed to TechCrunch. New investors Whale Rock Capital Management, TI Platform Management and Alpha Square Group came on board for this round and were joined by existing investors Amity Ventures, Franklin Templeton, Top Tier Capital Partners, Viking Global Investors and Willoughby Capital. Ta...
Tags: TC, Cloud, Enterprise, Australia, Funding, San Francisco, Tech, Artificial Intelligence, Computing, Sydney, Salesforce, Zendesk, Talkdesk, Trivago, Fujitsu, Carey


Redwood Materials raises $700M to expand its battery recycling operation

Redwood Materials CEO JB Straubel shared his aspirations last year to turn the startup he co-founded in 2017 into one of the world’s major battery recycling companies. Now, the former Tesla co-founder and CTO has the money to accelerate those plans. Redwood Materials said Wednesday it raised $700 million from high-profile institutional investors and venture firms, providing the capital needed to expand its existing operations well beyond its Carson City, Nevada, home base to locations throughout...
Tags: Amazon, Transportation, Europe, Tech, Tesla, Automotive, Electric Vehicles, Panasonic, Nevada, Volkswagen, North America, Mercedes, Cto, Gigafactory, Mercedes Benz, Redwood


Franklin Templeton Won't Launch Debt Funds in India as Legal Spat Goes On

By Abhirup RoyMUMBAI (Reuters) - Money manager Franklin Templeton told India's top court on Monday it would not launch any new debt funds during an...
Tags: India, Franklin Templeton, Abhirup RoyMUMBAI Reuters Money


Franklin Templeton's Eid on Tight Spreads in Fixed Income Markets - Bloomberg video

Sharif Eid, portfolio manager, Global Sukuk and MENA fixed income at Franklin Templeton discusses Saudi Arabia's surplus oil revenue and the impact of higher oil prices on sovereign debt. He speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East." (Source: Bloomberg) [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Saudi Arabia, Bloomberg, Mena, Rupert Neil Bumfrey, Franklin Templeton, Bloomberg Daybreak, Yousef Gamal El Din, Sharif Eid


Emaar Properties plans to issue benchmark sukuk as #Dubai real estate market improves | The National

Emaar Properties plans to issue benchmark sukuk as Dubai real estate market improves | The National Emaar Properties, the UAE's biggest listed property developer by market capitalisation, plans to issue a new benchmark sukuk.The company appointed Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, Mashreq Bank and Standard Chartered Bank as joint lead arrangers for a global investor call and a series of one-to-one and group meetings with fixed income investors, it said in a statement to th...
Tags: Travel, US, Dubai, Uae, Gulf, Standard Chartered Bank, Emaar Properties, Dubai Financial Market, Rupert Neil Bumfrey, Franklin Templeton, National Emaar Properties


Sneaker marketplace GOAT hits $3.7 billion valuation in Series F raise

Sneaker and streetwear empire GOAT just doubled its valuation in a massive new raise. The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion giant at some $3.7 billion. The raise was led by a handful of hedge funds and P/E firms including Park West Asset Management, Franklin Templeton , Adage Capital Management, Ulysses Management and funds & accounts advised by T. Rowe Price Associates. GOAT has surgically defined a corner of fashion ...
Tags: Amazon, TC, Publishing, Tech, Livestock, Economy, Retailers, EC, Goat, Sneakers, Online Marketplaces, Valuation, Franklin Templeton, Series E, Goat Group, Park West Asset Management


Sneaker marketplace GOAT hits $3.7B valuation in Series F raise

Sneaker and streetwear empire GOAT just doubled its valuation in a massive new raise. The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion giant at some $3.7 billion. The raise was led by a handful of hedge funds and P/E firms including Park West Asset Management, Franklin Templeton , Adage Capital Management, Ulysses Management and funds & accounts advised by T. Rowe Price Associates. GOAT has surgically defined a corner of fashion ...
Tags: Amazon, TC, Publishing, Tech, Livestock, Economy, Retailers, EC, Goat, Sneakers, Online Marketplaces, Valuation, Franklin Templeton, Series E, Goat Group, Park West Asset Management


Zero trust unicorn Illumio closes $225M Series F led by Thoma Bravo

Illumio, a self-styled zero trust unicorn, has closed a $225 million Series F funding round at a $2.75 billion valuation.   The round was led by Thoma Bravo, which recently bought cybersecurity vendor Proofpoint by $12.3 billion, and supported by Franklin Templeton, Hamilton Lane, and Blue Owl Capital.   The round lands more than two years after Illumio’s Series E funding round in which it raised $65 million, and fueled speculation of an impending IPO. The company’s founder, Andrew Rubin, stil...
Tags: Security, California, White House, Funding, America, Tech, Joe Biden, Information Technology, President, Computing, Formation 8, Andreessen Horowitz, Salesforce, Morgan Stanley, General Catalyst, Cyberwarfare


Gong going gangbusters, grabs $250M Series E on $7.25B valuation

Gong, the revenue intelligence startup, has been raising capital at a rapid pace, and today the company announced another $250 million on a $7.25 billion valuation, a number that triples its previous valuation from last summer. Franklin Templeton led today’s festivities with participation from Coatue, Salesforce Ventures, Sequoia, Thrive Capital and Tiger Global. The company raised $200 million last August at a $2.2 billion valuation, and has now raised $584 million, $450 million coming in the l...
Tags: Startups, TC, Enterprise, Funding, Israel, Sales, Atlanta, Artificial Intelligence, ARR, Franklin Templeton, Gong, Amit Bendov, Recent Funding, Ryan Azus, Bendov


Celonis snares $1B Series D on $11B valuation

Celonis, the late stage process mining software startup, announced a $1 billion Series D investment this morning on an eye-popping $11 billion valuation, up from $2.5 billion in its Series C in 2019, quadrupling its value in just two years. Durable Capital Partners LP and T. Rowe Price Associates co-led the round with participation from new investors Franklin Templeton, Splunk Ventures and existing investors Arena Holdings. Other unnamed existing investors also participated. While it was at it, ...
Tags: Google, Startups, TC, Cloud, Enterprise, Ipo, Funding, Tech, Astrazeneca, Ibm, T Rowe Price, Oreal, RPA, Franklin Templeton, Celonis, Process Automation


Yes, Karen, your boss really can fire you for being a Karen

Do you remember Amy Cooper? She was the woman who called police on a Black man (Christian Cooper, no relation) who crossed her path while she was walking her dog in Central Park. One day later, her employer, Franklin Templeton, fired her, explaining, "We do not tolerate racism of any kind at Franklin Templeton." One year late, she has filed suit against her former employer, claiming that she was wrongfully terminated based on the company's failure to investigate what actually happened in the pa...
Tags: Law, Karen, Cooper, Jon Hyman, Amy Cooper, Franklin Templeton, Christian Cooper, Cooper You, Franklin Templeton One


White woman who called police on Black birdwatcher in Central Park sues former employer over her firing

Amy Cooper was fired from her job at Franklin Templeton a day after the exchange with Christian Cooper in Central Park went viral.       [Author: USA TODAY]
Tags: Usa, News, Usa Today, Central Park, Amy Cooper, Franklin Templeton, Christian Cooper


White woman who called 911 on Black man last year in Central Park sues former employer

Amy Cooper alleges that Franklin Templeton terminated her based on her race and gender while also failing to properly investigate the...
Tags: Central Park, Amy Cooper, Franklin Templeton


Woman Who Called Cops On Black Birdwatcher Sues Former Employer

Amy Cooper is accusing Franklin Templeton of defamation along with race and gender discrimination.
Tags: News, Amy Cooper, Franklin Templeton


Woman Who Called Cops On Black Birdwatcher In NYC Sues Former Employer

Amy Cooper is accusing Franklin Templeton of defamation along with race and gender discrimination.
Tags: News, Amy Cooper, Franklin Templeton


Woman sues employer who fired her for calling police on Black birdwatcher

Amy Cooper, who said Christian Cooper was ‘threatening her life’, is accusing the company of falsely portraying her as racistAmy Cooper, the white woman who falsely told police that Black birdwatcher Christian Cooper had threatened her in New York City’s Central Park, is suing her employer for false dismissal.In a complaint filed on Tuesday night in Manhattan federal court obtained by Reuters, Cooper claims she was fired by her former employer, the financial advisory firm Franklin Templeton, wit...
Tags: New York, Race, US news, Manhattan, Cooper, New York City 's Central Park, Amy Cooper, Franklin Templeton, Christian Cooper, Reuters Cooper


SpotOn raises $125M in a16z-led Series D, triples valuation to $1.875B

Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Small businesses, including retailers and restaurants, were negatively impacted by lockdowns and the resulting closures. They had to adapt quickly to survive. If they didn’t use much technology before, they were suddenly being forced to, as so many things shifted to digital last year in response to the COVID-19 pandemic. For companies like SpotOn, it was a pivotal moment.  The startup, w...
Tags: Fundings & Exits, Startups, TC, Cloud, Mexico, Finance, San Francisco, Startup, Tech, E-commerce, Chicago, Mexico City, SaaS, Venture Capital, Poland, Square


Franklin Templeton's Eid on Oil & Credit Spreads - Bloomberg video

Sharif Eid, Portfolio Manager, Global Sukuk and MENA Fixed Income, joins the Daybreak Middle East show. He discusses how a revival of the Iranian nuclear deal will lead to an increase in global supply. (Source: Bloomberg) [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Bloomberg, Mena, Rupert Neil Bumfrey, Franklin Templeton, Credit Spreads Bloomberg, Daybreak Middle East


Daily Crunch: Ford’s powerhouse F-150 Lightning pickup can actually power your house

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. It’s Thursday, everyone, and the technology and startup worlds were a mixed bag today. We learned about the final death of Internet Explorer (RIP), new AR glasses from Snap, fresh cryptocurrency rules for the United States, and even took the time to look into all the pizza-robot startups. Hell, Ford even made the cut with its new electric truck that I secretly cove...
Tags: Google, TC, Twitter, Microsoft, Yahoo, Berlin, Newsletter, Tech, United States, Ford, Andreessen Horowitz, Taylor, Latin America, Ingrid, Natasha, Redmond


Workrise, once known as RigUp, raises $300M at a $2.9B valuation

Workrise , which has built a workforce management platform for the skilled trades, announced today that it has raised $300 million in a Series E round led by UK-based Baillie Gifford that values the company at $2.9 billion. New investor Franklin Templeton joined existing backers including Founders Fund, Bedrock Capital, Andreessen Horowitz (a16z), Moore Strategic Ventures, 137 Ventures and Brookfield Growth Partners in putting money in the round. WIth this latest financing, Workrise has now ...
Tags: Energy, Fundings & Exits, Startups, UK, Finance, Funding, Tech, Atlanta, Energy industry, Austin, United States, Venture Capital, Oil And Gas, Clean Energy, Andreessen Horowitz, Hiring


Franklin Templeton's Shamma on Recovery in #Dubai's Property Market - Bloomberg video

Franklin Templeton's Shamma on Recovery in Dubai's Property Market - Bloomberg Salah Shamma, Franklin Templeton, Head of MENA Equities discusses Dubai’s real estate outlook. He says the current backdrop will continue to support the momentum in the sector as investors continue to be lured by Dubai’s safety and security, world class infrastructure, high living standards and low tax environment. He speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East." (Source: B...
Tags: Travel, Bloomberg, Dubai, Rupert Neil Bumfrey, Franklin Templeton, Shamma, Bloomberg Daybreak, Yousef Gamal El Din, Salah Shamma Franklin Templeton, MENA Equities


Lobus raises $6 million for an art management platform on the blockchain

Reshaping ownership proofs in the fine art markets has been one of the blockchain’s clearest real-world use cases. But in recent months as top auction houses have embraced NFTs and popular artists experiment with the crypto medium, that future has seemed more tangible than ever before. The ex-Christie’s and Sotheby’s team at Lobus is aiming to commoditize blockchain tech with an asset management platform that they hope can bring creator-friendly mechanisms from NFT marketplaces like SuperRare to...
Tags: TC, Technology, Articles, Tech, Ceo, Bitcoin, Christie's, Sotheby's, Cryptocurrencies, Blockchains, Cryptocurrency, Blockchain, Decentralization, CRM, Troy Carter, Artist


Teen banking service Step raises $100M Series C, announces Steph Curry’s investment

Step, the digital banking service aimed at teens and endorsed by TikTok star Charli D’Amelio, announced this morning the close of a $100 million round of Series C funding after growing to over 1.5 million users just six months after launch. The new round, led by General Catalyst, comes shortly after Step’s $50 million Series B, announced at the end of last year after the startup hit half a million users in only two months post-launch. The new round also includes participation from Step’s existin...
Tags: Fundings & Exits, Mobile, Apps, Finance, Funding, Tech, Nba, Square, Jeffrey Katzenberg, Smith, Justin Timberlake, General Catalyst, Curry, Steph Curry, Stephen Curry, FDIC


Who’s funding privacy tech?

Privacy isn’t dead, as many would have you believe. New regulations, stricter cross-border data transfer rules and increasing calls for data sovereignty have helped the privacy startup space grow thanks to an uptick in investor support. This is how we got here, and where investors are spending. The rise of privacy tech With strict privacy laws such as GDPR and CCPA already listing big-ticket penalties — and a growing number of countries following suit — businesses have little option but to com...
Tags: California, Tech, Crunchbase, CCPA, Franklin Templeton, SoftBank Vision Fund, Gilbert Hill, Tapmydata


Fortnite-maker Epic completes $1B funding round

How much is Epic Games worth? Well, we’ve long ago surpasses the realm of dollar figures regular humans can contextualize. With its latest round, the gamer hits an equity valuation of $28.7 billion. Yes, “b” for “billion.” That’s a lot of micro-transactions. Time to start talking metaverse! Best known for the wildly successful battle royale title, Fortnite, Epic just announced another $1 billion funding round, featuring a $200 million Sony Group Corporation investment. The rest of the list is, p...
Tags: Gaming, Funding, Tech, Epic, Sony, Epic Games, Sweeney, Tim Sweeney, Franklin Templeton, Fortnite, Fortnite Rocket League, Epic Games Store, Luxor Capital, Sony Group Corporation, Ontario Teachers ' Pension Plan Board BlackRock, Park West KKR


Newsela, the replacement for textbooks, raises $100M and becomes a unicorn

Newsela, a SaaS platform for K-12 instructional material backed by the likes of TCV, Kleiner Perkins, Reach Capital, and Owl Ventures, announced today that it has raised $100 million in a Series D round. The financing was led by new investor Franklin Templeton, and brings Newsela’s valuation to $1 billion. The new round is larger than the aggregate of Newsela’s prior capital raised to-date. “Hitting $1 billion [in valuation] doesn’t change a thing,” Newsela CEO Matthew Gross told TechCrunch. But...
Tags: TC, Media, Education, Tech, Analytics, Teaching, United States, National Geographic, Edtech, Matthew Gross, Newsela, Franklin Templeton, Textbook, TCV Kleiner Perkins Reach Capital and Owl Ventures


Case dropped after woman in racist Central Park run-in gets therapy

By MICHAEL R. SISAK | Associated Press NEW YORK — Amy Cooper, the white woman arrested last year for calling 911 on a Black birdwatcher in New York’s Central Park, had her criminal case thrown out Tuesday after completing a diversionary counseling program that prosecutors said was meant to educate her on the harm of her actions. Assistant District Attorney Joan Illuzzi-Orbon said Manhattan prosecutors were satisfied with Cooper’s participation in the program — described as an alternative, restor...
Tags: New York, News, Minneapolis, La, San Francisco, Sport, Soccer, Coalition, Manhattan, Associated Press, Lausd, Lapd, Social Justice, Central Park, Cooper, Robert Barnes


Top #AbuDhabi Lender to Sell Bonds for Fifth Time in Two Months - Bloomberg

Top Abu Dhabi Lender to Sell Bonds for Fifth Time in Two Months - Bloomberg The United Arab Emirates’ biggest bank has returned to the debt markets for the fifth time in less than two months.First Abu Dhabi Bank PJSC on Monday hired advisers to market a euro-denominated deal, according to people familiar with the transaction. Since the start of the year, the bank has raised a combined $1.56 billion selling debt denominated in U.S. dollars, Chinese renminbi, Swiss francs and the British pound.FAB...
Tags: Travel, United Arab Emirates, Gulf, Formosa, Rupert Neil Bumfrey, Franklin Templeton, First Abu Dhabi Bank, First Abu Dhabi Bank PJSC, Two Months Bloomberg, Top Abu Dhabi Lender