Posts filtered by tags: Sequoia[x]


 

Germany’s Xentral nabs $20M led by Sequoia to help online-facing SMBs run back offices better

Small enterprises remain one of the most underserved segments of the business market, but the growth of cloud-based services — easier to buy, easier to provision — has helped that change in recent years. Today, one of the more promising startups out of Europe building software to help SMEs run online businesses is announcing some funding to better tap into both the opportunity to build these services, and to meet a growing demand from the SME segment. Xentral, a German startup that develops ente...
Tags: Ecommerce, Europe, Enterprise, Germany, Berlin, Funding, Tech, ERP, Sequoia Capital, Sap, Shopify, Augsburg, Sequoia, Sauter, Amazon EBay, Luciana Lixandru


'President Trump lost many of his supporters, including me.' Billionaire Trump donor Doug Leone blames Trump for the insurrection.

Sequoia's Doug Leone is the latest conservative billionaire businessman to renounce his support for Trump after last week's insurrection. Getty Images Billionaire VC Doug Leone was once one of Trump's strongest supporters in Silicon Valley, donating over $100,000 to his 2020 reelection campaign. He told Insider he no longer supports the president after his role in inciting the riots on Capitol Hill last week.  "After last week's horrific events, President Trump lost many of his sup...
Tags: Apple, Google, Startups, Politics, Congress, US, America, Trends, Tim Cook, Venture Capital, Silicon Valley, Capitol Hill, Blackstone, Khosla Ventures, Vinod Khosla, Sequoia


Two ex-Sequoia VCs: the most ‘compelling emerging market’ may be America, outside of Silicon Valley

Roughly eight years ago, investors Mark Kvamme and Chris Olsen left Silicon Valley to open a venture firm, Drive Capital, in Columbus, Ohio. It wasn’t an easy decision. Leaving California wasn’t exactly fashionable at the time. In fact, While Olsen had grown up in Cincinnati, the Yale grad had landed at Sequoia Capital a couple of years out of college — a dream job — and had no interest in going anywhere. Meanwhile, Kvamme is a California native who attended UC Berkeley, grew up immersed in the ...
Tags: Minneapolis, California, Russia, India, America, Tech, Atlanta, Turkey, Indianapolis, Chicago, Austin, Yale, Brazil, Drive, Miami, Ohio


The CEO of a voting-systems company says politicians around the world are worried that Trump's conspiracy theories will be used to undermine their own elections

Smartmatic founder and CEO Antonio Mugica in London in August 2017. NIKLAS HALLE'N/AFP via Getty Images Antonio Mugica, the founder and CEO of voting-software company Smartmatic, has said that the conspiracy theories about his company shared by President Donald Trump and his allies are damaging his business.  He told The New York Times that foreign politicians are calling him concerned that Trump's election-fraud claims could be used to undermine faith in the integrity of their electio...
Tags: Europe, Florida, Politics, UK, London, US, Trends, Joe Biden, Getty Images, New York Times, News UK, The Times, Venezuela, Fox News, South America, The New York Times


How to find your next VC

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Subscribe here.  Ready? Let’s talk money, startups and spicy IPO rumors. Welcome to the depths of December, a time in which the news cycle should be slowing down. Instead it’s accelerating, giving me the firm worry that our holiday cycle is going to be mostly w...
Tags: TC, New York, San Francisco, Tech, Chicago, Airbnb, Denver, Sequoia, Doordash, Alfred Lin, Midwest, CSO, GAAP, Lin, ARR, Magnuson


A legendary venture-capital firm bought Airbnb shares for $0.01 each in 2009

Photo by Kena Betancur/AFP/Getty Images Airbnb's stock price soared to about $145 during its stock-market debut on Thursday.Sequoia Capital invested $585,000 in the home-rental platform for about 58 million shares in 2009, paying about $0.01 a share, The Information reported.The venture-capital fund has plowed a total of $280 million into Airbnb over the years, giving it a stake worth almost $12 billion at the close on Thursday.Sequoia backed Airbnb when it had only 2,500 listings on its w...
Tags: Instagram, Finance, Trends, Tech, Markets, Intel, Venture Capital, Airbnb, Goldman Sachs, Sequoia Capital, Sequoia, Seed Funding, Apple Google, Home Rental, KENA BETANCUR, Airbnb IPO


A legendary venture-capital firm bought Airbnb shares for 1 cent each in 2009

The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Photo by Kena Betancur/AFP/Getty Images Airbnb's stock price soared to about $145 during its stock-market debut on Thursday.Sequoia Capital invested $585,000 in the home-rental platform for around 58 million shares in 2009, paying about 1 cent a share, The Information reported.The venture-capital fund has plowed a total of $280 million into Airbnb over the years, giving it a sta...
Tags: New York, Instagram, Trends, Airbnb, Sequoia Capital, Sequoia, Times Square, Apple Google, John Hancock, KENA BETANCUR, Theron Mohamed, AFP Getty Images Airbnb


Making sense of Klarna

Sebastian Siemiatkowski, the co-founder and CEO of Klarna — the Swedish fintech “buy now, pay later” sensation that is currently Europe’s most valuable private tech company — is dismissive of the suggestion that non U.S. companies should relocate to Silicon Valley if they really want to grow. “We did hear that and I think it’s very poor advice,” he says. An overheated market for tech talent and the fickle nature of employees that are constantly job-hopping, he argues, make it harder to build a c...
Tags: Startups, TC, Facebook, Europe, New York, London, Sweden, Finance, America, San Francisco, Tech, Paypal, Atlantic, Poland, Denmark, Silicon Valley


Why Sapphire’s Jai Das thinks the Salesforce-Slack deal could succeed

Who says that chats about enterprise software have to be boring? They don’t, we learned during our conversation earlier this week with Sapphire’s Jai Das, a pleasant time that touched on a host of topics including startup sectors, his investing group’s capital base and, of course, the Slack-Salesforce deal. Our conversation took place about an hour before the deal was formally announced, but the tea leaves had been read by the market far in advance, so we were able to chat about it as if it was ...
Tags: Fundings & Exits, TC, Tech, CIO, Venture Capital, Salesforce, Sap, Slack, Sapphire, Sequoia, Roelof Botha, Byron Deeter, Bessemer, Simon, Greg, Das


Where to buy the best-tasting, highest-quality seafood online

When you buy through our links, we may earn money from our affiliate partners. Learn more. Olesia Shadrina/Getty Images Navigating the e-commerce world for fresh, high-quality seafood is full of obstacles and trepidation, and the last thing you want is to end up with overpriced and weeks- or months-old fish at a premium price.We spent eight months sifting through the world of online seafood suppliers to find the best ones.Whether you're after subscription, bulk, or something different, y...
Tags: Reviews, Kitchen, Food, Florida, New York, Maryland, California, Massachusetts, US, San Francisco, Trends, Features, Atlantic, United States, Maine, Alaska


Okay nabs funding from Sequoia to build performance dashboards for engineering managers

Amid the pandemic, workplace cultures have been turned on their heads, meanwhile investment and growth haven’t slowed for many tech companies, requiring them to still onboard new engineering managers even while best practices for remote management are far from codified. Because of remote work habit shifts, plenty of new tools have popped up to help engineers be more productive, or quickly help managers interface with direct-reports more often. Okay is taking a more observatory route, aiming to g...
Tags: Google, TC, Y Combinator, Leadership, Articles, Management, Tech, Engineer, Github, Sequoia, PagerDuty, Boulanger, Barreto, Okay, Brex Plaid, Antoine Boulanger


Recycling robotics company AMP Robotics could raise up to $70M

AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, according to multiple sources with knowledge of the company’s plans. The new financing speaks to AMP Robotics’ continued success in pilot projects and with new partnerships that are exponentially expanding the company’s deployments. Earlier this month the company announced a new deal that repr...
Tags: TC, Asia, Europe, Florida, New York, Texas, Minnesota, Colorado, California, China, Virginia, Toronto, Articles, Tech, Spain, Materials


Recycling robotics company AMP Robotics could raise up to $70 million sources say

AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, according to multiple sources with knowledge of the company’s plans. The new financing speaks to AMP Robotics’ continued success in pilot projects and with new partnerships that are exponentially expanding the company’s deployments. Earlier this month the company announced a new deal that repr...
Tags: Travel, TC, Asia, Europe, Florida, New York, Texas, Minnesota, Colorado, California, China, Virginia, Toronto, Articles, Spain, Materials


7 things we just learned about Sequoia’s European expansion plans

Sequoia Capital, the renowned Silicon Valley venture capital firm that has backed companies like Apple, Google, Dropbox, Airbnb and Stripe, recently disclosed that it had opened its first office in Europe. To staff up, it hired partner Luciana Lixandru away from rival Accel Partners. Even without an official European presence, Sequoia has quietly operated in the region for more than a decade, first investing in Klarna in 2010. Other Europe-founded companies in its portfolio include Baaima,...
Tags: Startups, TC, Europe, London, California, Entrepreneurship, San Francisco, Tech, Canada, Paris, Venture Capital, Romania, Silicon Valley, Bristol, Sequoia Capital, Stripe


Former Sequoia Partner Amy Sun has already raised millions for her stealthy startup

Former Sequoia partner Amy Sun, who left the famed venture capital firm just months ago, has already raised $3.8 million for her new startup, Daylight Labs, SEC filings show. Daylight Labs will be creating a solution to help gig economy workers make more money, Sun hints to TechCrunch. Still in the early product development stages, the startup began during the pandemic when Sun noticed how many industries were “completely decimated” by the crisis. “How can you leverage technology to create new w...
Tags: Fundings & Exits, Startups, TC, Facebook, Lyft, Uber, Microsoft, California, Tech, Austin, Harvard, Sun, SEC, Sequoia Capital, Sequoia, Facebook Stories


DoorDash IPO bets that the pandemic has accelerated change

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. DoorDash has become the go-to delivery choice for millions of people cooped up during the pandemic this year. Now it has filed an S-1, revealing its financials as it nears a long-intended IPO. These innards show an exciting business — and a larger story about how the year is going for tech companies in general. When the company filed initial public of...
Tags: Apple, Startups, TC, Spotify, California, China, Singapore, Softbank, Tech, Paypal, Nasa, Beijing, Tencent, Pfizer, EC, Biden


The VC and founder winners of DoorDash’s IPO

After years of rumors and high-flying headlines, we finally have the S-1 for DoorDash. Alex has covered the primary details, but I figured it would be good to dive in so we can see who is raking in the returns on the country’s delivery startup champion. DoorDash’s filing indicates that the company raised a combined $2.485 billion in capital across a seed round and eight rounds Series A-H. The three VC firms with the largest holdings noted in the filing were the SoftBank Vision Fund, Sequoia a...
Tags: Finance, Singapore, Tech, Venture Capital, Alex, Khosla, Cto, Sequoia, Doordash, GIC, Tony Xu, Vision Fund, Evan Moore, Stanley Tang, Andy Fang, SoftBank Vision Fund Sequoia


Fishtown Analytics raises $29.5M Series B for its data engineering platform

Fishtown Analytics, the Philadelphia-based company behind the dbt open-source data engineering tool, today announced that it has raised a $29.5 million Series B round led by Sequoia Captial, with participation from previous investors Andreessen Horowitz and Amplify Partners. The company is building a platform that allows data analysts to more easily create and disseminate organizational knowledge. Its focus is on data modeling, with its dbt tool allowing anybody who knows SQL to build data tra...
Tags: Startups, Cloud, Enterprise, California, Tech, Philadelphia, Andreessen Horowitz, Snowflake, Databricks, Sequoia, Matt Miller, Amplify Partners, Within, Recent Funding, Fishtown Analytics, Initially Handy


TikTok’s parent company, ByteDance, is reportedly looking for $2B before its Hong Kong public offering

ByteDance, the company behind the social media sensation TikTok, is in talks to raise another $2 billion before the initial public offering of a large chunk of its international businesses on the Hong Kong StockExchange, according to a Bloomberg report. The new financing would give the Chinese tech powerhouse a valuation of $180 billion, according to people cited by Bloomberg. Investors including ByteDance’s existing backers like Sequoia are in the running to finance the new investment, the B...
Tags: TC, Hong Kong, Wtf, China, Tech, Walmart, Bloomberg, Biden, Donald Trump, Oracle, Cnbc, Sequoia, Trump, Reuters, Ccp, Safra Catz


B8ta remains bullish on IRL shopping with new acquisition

Coronavirus cases in the United States are reaching new peaks. E-commerce is continuing to boom. And B8ta, a San Francisco startup which is betting on the future of physical retailers, is doubling down on its in-person footprint. B8ta offers shelf space to unique digital products, such as electric skateboards or a coffee alarm clock, on behalf of brands that want a physical presence. Today, the company acquired a 1-year old company doing the same for direct to consumer businesses, Re:store. Back...
Tags: Fundings & Exits, Startups, TC, San Francisco, Tech, United States, Acquisition, Sequoia, Irl, Macy, Maiden Lane, Nordy, B8ta, SPC Re, Selene Cruz, Vibhu Nordy


Redpoint and Sequoia are backing a startup to copy edit your shit code

Code is the lifeblood of the modern world, yet the tooling for some programming environments can be remarkably spartan. While developers have long had access to graphical programming environments (IDEs) and performance profilers and debuggers, advanced products to analyze and improve lines of code have been harder to find. These days, the most typical tool in the kit is a linter, which scans through code pointing out flaws that might cause issues. For instance, there might be too many spaces on ...
Tags: Amazon, Python, Fundings & Exits, Startups, Facebook, Enterprise, Developer, Funding, Tech, Mit, Evans, Sequoia Capital, Palantir, Redpoint Ventures, Sequoia, Developer Tools


Qualtrics CEO Ryan Smith is buying majority stake in the Utah Jazz for $1.6B

The Utah Jazz, an NBA basketball team based in Salt Lake City, announced today that Qualitrics CEO and co-founder Ryan Smith was buying a majority stake in the team along other properties. ESPN is reporting the deal is worth $1.6 billion. Smith can afford it. He sold Qualtrics, which is based in Provo, Utah, in 2018 to SAP for $8 billion just before the startup was about to go public. Earlier this year, SAP announced plans to spin out Qualtrics as public company. In addition to The Jazz...
Tags: TC, Cloud, Utah, Enterprise, Microsoft, Yahoo, Dallas Mavericks, Tech, Steve Ballmer, Nba, M&a, Mergers and Acquisitions, Espn, Salt Lake City, Smith, Los Angeles Clippers


Rockset announces $40M Series B as data analytics solution gains momentum

Rockset, a cloud-native analytics company, announced a $40 million Series B investment today led by Sequoia with help from Greylock, the same two firms that financed its Series A. The startup has now raised a total of $61.5 million, according to the company. As co-founder and CEO Venkat Venkataramani told me at the time of the Series A in 2018, there is a lot of manual work involved in getting data ready to use and it acts as a roadblock to getting to real insight. He hoped to change that with R...
Tags: Fundings & Exits, Startups, TC, Cloud, Enterprise, Tech, Data, Analytics, Greylock, Sequoia, Vernal, Mike Vernal, Cloud Native, Recent Funding, Venkat Venkataramani, Rockset


100 firefighters from Mexico arrive in San Bernardino, will battle wildfire in Tulare County

Firefighters from Mexico load vehicles with their gear after arriving at San Bernardino International Airport Wednesday Sept. 23, 2020. Approximately 100 firefighters from 22 states within Mexico arrived at San Bernardino International Airport to provide assistance with the Sequoia Complex of fires in central California. (Photo by Will Lester, Inland Valley Daily Bulletin/SCNG) Firefighters from Mexico wait in the parking lot for their assignments after arriving at San Bernardino Internationa...
Tags: News, California, Mexico, Sport, Canada, Soccer, Wildfires, Forest Service, Guadalajara, Sequoia, San Bernardino, El Dorado, LA County, Inyo, Kim Christensen, Tulare County


Sequoia National Park Closed Due To Castle Fire

SEQUOIA NATIONAL PARK (AP) – California’s Sequoia National Park has been fully closed due to a nearby wildfire in the Sierra Nevada wilderness. The action this week came after the park headquarters and the community of Three Rivers at the park’s southern entrance were put on evacuation notice, according to a statement. “To ensure any pending evacuation goes as smoothly as possible we are closing the park to visitors,” Acting Superintendent Lee Taylor said. Campground reservations are being cance...
Tags: California, California News, Sierra Nevada, Sequoia, Sequoia National Park, Lee Taylor, Kings Canyon National Park, Fire Watch, California wildfire season, Sierra National Forest Burning


Can’t stop won’t stop: Social Capital Hedosophia just filed for its fourth SPAC, says new report

According to a new report in Bloomberg, Social Capital Hedosophia has filed plans confidentially with the SEC to raise $500 million for its newest blank-check company. It will be the fourth special purpose acquisition company, or SPAC, to be raised by the outfit, which is headed up by Chamath Palihapitiya and his longtime investment partner, Ian Osborne. Astonishingly, dozens more may be in the works. On the “All-In Podcast,” co-hosted by Palihapitiya, he revealed recently that has reserved t...
Tags: TC, California, Ipo, Tech, United States, Virgin Galactic, SEC, Ian Osborne, New York Stock Exchange, Federal Reserve, Sequoia Capital, Sequoia, Roelof Botha, Chamath Palihapitiya, SPAC, Opendoor


Join Accel’s Andrew Braccia and Sonali De Rycker for a live Q&A on September 22 at 2 pm EDT/11 am PDT

In the midst of Disrupt 2020, we’re busy keeping tabs on all the panels, chats, demos and battling startups, but we’re also prepping for what comes next. Next Tuesday, the Extra Crunch Live series of Q&As with founders and investors resumes, this time with guests Andrew Braccia and Sonali De Rycker from Accel. If you are just catching up to Extra Crunch Live, we’ve been hosting live discussions since the early COVID-19 days here in the United States with folks like Mark Cuban, Plaid founder Zach...
Tags: Fundings & Exits, Startups, TC, Tech, United States, Venture Capital, Naspers, Andrew Braccia, Accel, Sequoia, Roelof Botha, Sonali De Rycker, Braccia, ECL, Zach Perret, De Rycker


Roelof Botha shares what Sequoia’s Black Swan memo got wrong

In March, famed investment firm Sequoia Capital published the Black Swan Memo, warning founders about the potential business consequences of the coronavirus, which had not yet been labeled a pandemic. “It will take considerable time — perhaps several quarters — before we can be confident that the virus has been contained. It will take even longer for the global economy to recover its footing,” the memo read. Six months later, Sequoia’s Roelof Botha is “surprised” at the state of venture capit...
Tags: Startups, TC, Congress, Tech, Silicon Valley, Sequoia Capital, PPP, Sequoia, Roelof Botha, Zoom, Trump, Botha, COVID, Disrupt 2020, Getaround Luminar Stackin TuSimple, Sequoia 's Black Swan


Benchmark’s Peter Fenton is joining us at Disrupt

Benchmark used to be the quintessential Silicon Valley venture firm. It was small. It was focused. It was aggressive while also remaining founder friendly. It stuck to its knitting, when it came to its fund size, raising fund after fund in the $450 million range. Over the years, the world changed. Some of the biggest brands in the venture business now manage many billions of dollars, having raised a series of increasingly enormous funds over the last decade. They now oversee massive “talent team...
Tags: Startups, TC, Tech, Venture Capital, Silicon Valley, Accel, Sequoia, Bill Gurley, Bay Area, SPAC, Fenton, Digital Startup, Matt Cohler, Eric Vishria, Peter Fenton, Mitch Lasky


Payments services company Finix adds $30 million to its Series B

Finix, a startup that provides payments-related services to other companies, announced it has extended its Series B financing with a $30 million investment led by Lightspeed Venture Partners and American Express Ventures. The fintech startup has now raised over $96 million in venture capital. According to CEO and co-founder Richie Serna, $90 million of that total was grabbed in the last year alone. Finix declined to disclose its revenue, revenue growth, new valuation, current profitability, o...
Tags: Startups, TC, Tech, Square, Stripe, Fintech, Lightspeed Venture Partners, Sequoia, Serna, Richie Serna, Finix