Posts filtered by tags: Venture-capital[x]


 

The Pill Club raises $51M as VCs find new opportunities in women’s health

Through telemedicine and direct-to-consumer sales platforms, startups are streamlining the historically arduous process of accessing contraception. The latest effort to secure a significant financing round is The Pill Club, an online birth control prescription and delivery service. Consumer-focused investor VMG Partners has led its $51 million Series B, with participation from new investors GV and ACME Capital (formerly known as Sherpa Capital), and existing investors Base10 Partners and Shasta ...
Tags: Health, Startups, Hollywood, Funding, Digital, Tech, Healthcare, Oscar, Venture Capital, Contraception, Reproductive Health, Republican, Donald Trump, Birth Control, Telemedicine, Shasta Ventures


Detroit Trends in 2018? More Traction, Diversity, and Collaboration

Editor’s note: This is part of a series of posts sharing thoughts from industry and technology leaders about 2018 trends.A few trends come to mind that continue to shape and define the startup ecosystem in Detroit:—Marketplaces continue to evolve and attract funding (initial and follow-on), and gain traction that has to be recognized and respected. A great example of that success for us here in the ecosystem is StockX and its success in 2018. Founders and early-stage startup companies continue t...
Tags: Startups, Entrepreneurship, Trends, Vc, Software, Cannabis, Innovation, Venture Capital, Black Girls Code, Detroit, Cryptocurrency, Duo Security, Co-working, Boston Xcon, Boulder/Denver Xcon, Detroit Xcon


Axa Venture Partners raises $150 million early-stage fund

Axa Venture Partners, the venture capital arm of insurance company Axa, is raising an early-stage fund. Today’s new $150 million fund (€130 million) is called AVP Early Stage II. Previously, Axa Venture Partners had raised a $110 million early-stage fund back in 2015. So far, it has invested in 40 companies, such as Hackajob, K4Connect, Futurae or Zenjob and Happytal. When it comes to investment strategy, Axa Venture Partners plans to invest in early startups based in Europe, North America and I...
Tags: Travel, Startups, Europe, Israel, France Newsletter, Venture Capital, Axa, Europe North America, AXA Venture Partners, Zenjob, Paris London San Francisco


TechCrunch Conversations: Direct listings

Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding at least some of Wall Street’s fees. That pattens is set to continue in 2019 as Silicon Valley darlings Slack and Airbnb take the direct listing approach. Have we reach...
Tags: Amazon, TC, Spotify, NYC, Finance, Government, Ipo, Funding, US, Tech, Banking, Policy, Netflix, Pandora, Zynga, Credit Suisse


Following a record year, Illinois startups kick off 2019 on a strong foot

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor Global VC market sees highest-ever concentration of supergiant dollar volume in Q4 2018 SoftBank’s Vision Fund inches closer to $100B Illinois’s startup market in 2018 was very strong, and it’s not slowing down as we settle into 2019. There’s already almost $100 million in new VC funding announced,...
Tags: Startups, TC, Column, Boston, Softbank, Tech, Walmart, Chicago, Venture Capital, SEC, Lincoln, North America, Illinois, Crunchbase, Bringg, Bay Area


Backing Culture Genesis, T.I. launches Tech Cypha, an investment syndicate for tech deals

With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched a new syndicated investment vehicle called Tech Cypha. Launched by the music and cultural impresario with more hustle than hustle and his business partner Jason Geter, the new collaborative investment strategy focused on tech startups will allow high net worth individuals to participate in deals. Live streaming studio, Culture Genesis, l...
Tags: Amazon, TC, Business, Entrepreneurship, Jay Z, La, Finance, Los Angeles, Entrepreneur, Tech, Atlanta, Economy, Nas, United States, Venture Capital, Private Equity


How 3 Detroit Founders Built Tech Startups Despite City’s Bankruptcy

On July 18th, 2013, the city of Detroit filed for Chapter 9 bankruptcy, becoming the largest city in American history to do so. Just four years earlier, Chrysler and General Motors—automobile companies that were long a staple of the Detroit economy—had filed for Chapter 11 bankruptcy.“You hear stories about the Great Depression in the ‘30s, I can only imagine what we experienced here in Detroit matched that. It was a scary time with so many negatives. There was no credit, the auto companies were...
Tags: Startups, Entrepreneurship, Funding, Trends, General Motors, Cisco, It, Vc, Software, Ford, Auto Industry, Innovation, Venture Capital, Chrysler, Google Ventures, Detroit


Outdoorsy’s Big Haul & Other Startup Fundraising in TX Tech News

Let’s catch up with the latest innovation news in Texas.—TeVido, an Austin biotech, has raised $1.2 million to help fund a new facility in which the company can use a patient’s own cells to create personalized pigment cell grafts to treat vitiligo, a loss of skin color that affects about 1 percent of the world’s population. Investors included the Texas Halo Fund, the Central Texas Angel Network, and Life Science Angels. TeVido, which is commercializing technology from the University of Texas at...
Tags: Texas, Breast Cancer, Funding, Trends, Tech, Investment, E-commerce, App, Online, Vc, Commercialization, Austin, Venture Capital, Dallas, SEC, Houston


Boston Tech Watch: Nantucket, Lionbridge, Nano-C, Barac & Quick Base

Nantucket entrepreneurs welcome, and acquisitions abound. There are also new owners, new offices and new money in the bank for Boston-area technology companies this week. Read on for the details.—Sense, the Cambridge, MA-based home electricity management technology startup, has partnered with Swiss utility technology company Landis+Gyr to put Sense’s technology in Landis’ Internet-of-things platform, the companies said. In addition, Landis+Gyr joined Sense’s previously announced $18 million Ser...
Tags: Translation, Deals, Startups, Internet Of Things, UK, New York, Entrepreneurship, Germany, Boston, Trends, Tech, Cybersecurity, Vc, Paris, Venture Capital, Cambridge


Educational Play Kit Company Osmo Sold to India’s Edtech Firm Byju’s for $120M

Byju’s, an edtech company based in India that claims a $3.6 billion valuation based on its sales success there, announced it has acquired Palo Alto, CA-based learning-through-play firm Osmo for $120 million.Named after the teacher Byju Raveendran, who founded the company in 2011, Byju’s is making its first acquisition in the United States to advance its goals of expanding globally and adding very young children to its user base. The company, which announced the deal Wednesday, had already made ...
Tags: Google, Deals, Startups, Mobile, Hardware, Education, Internet, Entrepreneurship, India, Funding, San Francisco, Trends, Tech, Web, It, Vc


VC funding of cybersecurity companies hits record $5.3B in 2018

2018 wasn’t all bad. It turned out to be a record year for venture capital firms investing in cybersecurity companies. According to new data out by Strategic Cyber Ventures, a cybersecurity-focused investment firm with a portfolio of four cybersecurity companies, more than $5.3 billion was funneled into companies focused on protecting networks, systems and data across the world, despite fewer deals done during the year. That’s up from 20 percent — $4.4 billion — from 2017, and up from close to d...
Tags: Security, Europe, Technology, Maryland, California, Finance, China, Virginia, Funding, Tech, Economy, Cybercrime, United States, Washington Dc, Venture Capital, National Security


A look at Birdies, the popular slipper shoe startup that just raised $8 million more from investors

Bianca Gates is a first-generation American, her parents having immigrated to the U.S. from Latin America. As such, she says, after waitressing her way through college at UC Irvine, she was expected to get a safe job with a 401(k) plan and to live with her parents until she was married. Things haven’t gone exactly that way, but one can imagine Gates’s parents feeling pretty satisfied with their daughter’s trajectory nevertheless. The reason: Gates, along with cofounder Marisa Sharkey, are the co...
Tags: TC, Facebook, Ecommerce, Instagram, Stanford, China, Sacramento, San Francisco, Tech, Mtv, Venture Capital, Manhattan, Harry, Latin America, Gates, Viacom


On-demand workspace platform Breather taps new CEO

Breather’s new CEO Bryan Murphy / Breather Press Kit Breather, the platform that provides on-demand private workspace, announced today that it has appointed Bryan Murphy as its new CEO. Before joining Breather, Murphy was the founder and President of direct-to-consumer mattress startup, Tomorrow Sleep. Prior to Tomorrow Sleep, Murphy held posts as an advisor to investment firms and as an executive at eBay after the company acquired his previous company, WHI Solutions – an e-commerce plat...
Tags: Startups, TC, Ecommerce, Apps, Real Estate, Enterprise, Ebay, Finance, New York City, Future Of Work, Tech, Ceo, SaaS, Broadway, Venture Capital, Smith


CommonGrounds Raises $100M to Open More New Flexible Office Spaces

Billions of dollars have already flowed to the purveyors of shared workspaces, and the investment spigot isn’t turning off yet.CommonGrounds Workspace, a San Diego, CA-based company that operates flexible office spaces in California and Colorado today, announced Wednesday that it had raised $100 million in a Series A financing to expand its lineup to roughly 50 sites during the next two years.The company says the new money comes from three investors: CommonGrounds’s seed-stage backer, a local r...
Tags: Deals, Facebook, Real Estate, Microsoft, Developer, Colorado, California, Funding, Trends, Tech, Nike, Development, Cigna, Venture Capital, San Diego, WeWork


New pre-seed fund powered by First Round Capital will target recent graduates

In 2012, early Uber investor First Round Capital decided it needed an avenue to access the best companies brewing inside dormitories across the U.S. So the seed-stage venture capital firm launched Dorm Room Fund, a pool of capital managed by students for students. The project has brought 250 startups, including Harper Wilde and Brooklinen, and more than 400 entrepreneurs into the First Round network to date. “But there’s an even bigger community of founders just on the other side of that grad...
Tags: Google, TC, Uber, Tech, Venture Capital, Warby Parker, First Round Capital, Dorm Room Fund, Anamitra Banerji, Brooklinen, Afore Capital, Gaurav Jain, BoxGroup, Harper Wilde, Elizabeth Yin, Eric Bahn


Resolute Ventures sticks to its knitting with $75 million fourth fund

Resolute Ventures, an early-stage firm with offices in San Francisco and Boston, just closed its fourth fund with $75 million. It’s an almost shockingly conservative amount of capital in today’s era of big-is-better funds. And with valuable companies like the real estate startup OpenDoor, the applicant tracking system company Greenhouse, and the dog products company BarkBox in its portfolio, one imagines that seven-year-old Resolute could have raised more. It didn’t want to do that, says firm fo...
Tags: Google, TC, New York, Microsoft, Boston, San Francisco, Tech, Venture Capital, Barkbox, Resolute Ventures, Greenhouse Software, Greenhouse, Polaris Partners, Daniel, Jonathan, Matt


ScoutRFP Scores $33M to Compete in Supplier Management Sector

ScoutRFP, whose software is designed to help businesses streamline the process of ordering goods from suppliers, announced that it raised $33 million in a Series C fundraising round led by Scale Venture Partners.San Francisco-based Scout, part of a tech sector dubbed supplier relations management, or SRM, aims to free businesses from painstaking traditional methods of seeking bids from various suppliers and comparing their merits. Some companies are still doing this by laboriously creating spre...
Tags: Deals, Startups, Mobile, Cloud, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Web, It, Vc, Software, Automation, Innovation


Auto Show Notes: Techstars Mobility Rebrands, Expands Mission

Detroit’s North American International Auto Show was the place for a plethora of mobility-related announcements this week, including some significant news from the Boulder, CO-based Techstars accelerator program.Techstars launched an incubator for mobility startups in the Motor City four years ago, and the program has flourished since. In recognition of that success as well as an expanded mission, Techstars has changed the name of the program from Techstars Mobility to Techstars Detroit, says m...
Tags: Google, Startups, Entrepreneurship, Trends, Software, Ford, Auto Industry, Innovation, Venture Capital, Mobility, Manufacturing, Honda, Nationwide, Detroit, TechStars, AAA


BlueRun Ventures closes on $130M, ups Cheryl Cheng to GP

Silicon Valley venture capital firm BlueRun Ventures has lassoed $130 million in capital commitments for its sixth fund. The firm invests in early-stage mobile software and financial services companies, including online lending platform Kabbage and navigation tool Waze. BlueRun has also announced the promotion of Cheryl Cheng to general partner. Cheng joined the outfit in 2008; she’s focused on mobile and data opportunities within the enterprise and consumer markets. The firm also counts founder...
Tags: Tech, Paypal, Korea, Venture Capital, Silicon Valley, Waze, Nasdaq, Bluerun Ventures, Kabbage, Coupa, Cheng, John Malloy, Jonathan Ebinger, Cheryl Cheng, BlueRun, Waze BlueRun


BlueRun Ventures closes on $130M, promotes Cheryl Cheng to GP

Silicon Valley venture capital firm BlueRun Ventures has lassoed $130 million in capital commitments for its sixth fund. The firm invests in early-stage mobile software and financial services companies, including online lending platform Kabbage and navigation tool Waze. BlueRun has also announced the promotion of Cheryl Cheng to general partner. Cheng joined the outfit in 2008; she’s focused on mobile and data opportunities within the enterprise and consumer markets. The firm also counts founder...
Tags: Travel, Paypal, Korea, Venture Capital, Silicon Valley, Waze, Nasdaq, Bluerun Ventures, Kabbage, Coupa, Cheng, John Malloy, Jonathan Ebinger, Cheryl Cheng, BlueRun, Waze BlueRun


Techstars will build and launch startups with new venture studio

Similar to Y Combinator, early-stage technology startup accelerator Techstars has spent much of the last decade supporting and seeding innovative projects, including Plated, ClassPass, SendGrid and PillPack. Now, it wants to take its service a step further. Today, Techstars is announcing the launch of Techstars Studio, a new venture that will have the accelerator developing and launching venture-scale businesses with the support of several corporate partners. Leveraging its large network o...
Tags: Travel, Startups, Y Combinator, Venture Capital, David Cohen, TechStars, Twilio, Sphero, PillPack, Remitly, Sendgrid, Classpass, Cohen, Saldana, Isaac Saldana, Techstars Studio


AlwaysAI Adds $4M to Bring Deep Learning to Embedded ‘Edge’ Devices

Many of our devices, from wearables to medical instruments to drones, can capture reams of images. Using algorithms to analyze those images on the devices, in turn, generally takes loads of computing power and energy—sometimes more than is feasible.AlwaysAI says it is getting ready to sell its software for enterprise developers looking to make applications that use deep learning to better process the immense amount of data from embedded devices, such as cameras, drones, wearables, and robots—an...
Tags: Deals, Cloud Computing, Trends, Tech, Artificial Intelligence, Software, SaaS, Venture Capital, San Diego, Blackberry, Network, Ai, Financing, Deep Learning, Computer Vision, Edge


Riding the RV revolution, Outdoorsy fuels up with $50 million in fresh funding

Outdoorsy is building for the road ahead. The three-year-old company, which connects customers with underused RVs and other trucks big enough to camp in overnight, just raised $50 million in Series C funding led by Greenspring Associates, with participation from earlier backers Aviva Ventures, Altos Ventures, AutoTech Ventures and Tandem Capital. That puts its total funding, in less than year’s time, at $75 million. (We’d separately reported on its $25 million Series B round last February. It...
Tags: TC, Transportation, Ecommerce, Europe, Yosemite, Australia, Tech, Austin, Automotive, New Zealand, Venture Capital, Aviva, Bay Area, Greenspring Associates, Cavin, Altos Ventures


Opendoor competitor Knock raises $400M

Home trade-in platform Knock has brought in a $400 million investment to accelerate a national expansion and double its 100-person headcount. Foundry Group has led the Series B funding round in New York-based Knock, with participation from Company Ventures and existing investors RRE Ventures, Corazon Capital, WTI and FJ Labs . Knock co-founder and chief executive officer Sean Black declined to disclose the startup’s valuation. Founded in 2015, Knock helps its customers find a new home, t...
Tags: Startups, Real Estate, New York, Softbank, Funding, Tech, Venture Capital, Black, Foundry Group, RRE Ventures, Trulia, PitchBook, Knock, Vision Fund, FJ Labs, Katerra


Former King Digital CFO Hope Cochran becomes Madrona’s first female managing director

Madrona Venture Group has long been one of the premier early-stage venture firms in the Pacific Northwest and in recent years, it has done a good job of recruiting former industry executives. In recent years, those included the former Microsoft developer tools chief S. Somasegar, now a managing director, and former Windows and Xbox exec Terry Myerson, currently a venture partner. In 2017, the firm also announced that former King Digital and Clearwire CFO Hope Cochran had joined its venture partn...
Tags: TC, Microsoft, Tech, Vc, Venture Capital, Hasbro, Pacific Northwest, Madrona Venture Group, Cochran, Venture, King Digital, Jennifer Chambers, Terry Myerson, Madrona, Clearwire, Matcherino


IBM Vets Launch Sonrai Security, Eyeing Multi-Cloud “Complexity”

Businesses racing faster and faster to put their data and applications into multiple cloud services will soon have to figure out how to keep an eye on it all. Start thinking about the hundreds of users, the dozens of accounts, and the handful of different cloud services that don’t always speak the same language, and the job of monitoring and securing it all quickly gets complicated.This is the problem that Brendan Hannigan and Sandy Bird are attacking with their New York-based company Sonrai Se...
Tags: Google, Amazon, Deals, Startups, Open Source, Cloud, New York, Microsoft, Identity, Azure, Trends, Tech, Cisco, It, Cybersecurity, Vc


A VC’s Take: Global Volatility Hurts U.S. Venture Ecosystem

As Xconomy’s editors looked back at the year just passed, we asked technology leaders to comment on the trends they’d observed in 2018, and the developments they expected in 2019. Some leaders responded with their views on the business impact of the Trump era, pointing to specific policy positions such as tax code revisions, curbs on immigration, and the decision by federal regulators to roll back net neutrality requirements on telecom carriers.Alex Niehenke, a partner at Foster City, CA-based ...
Tags: Startups, Mobile, Hardware, Net Neutrality, Internet, Entrepreneurship, China, Russia, Funding, Immigration, San Francisco, Trends, Tech, Investment, Eu, Web


Maverick Ventures announces $382M evergreen fund

In an era when validation-seeking venture capitalists are lauded as much as high-flying founders, Maverick Ventures’ small team of investors have opted to stay quiet. Now, the years-old firm is ready to publicize its successes and shed some light on its global strategy. Today, Maverick is disclosing for the first time the size of its evergreen venture fund: a $382 million early-stage vehicle. Launched in 2015 as the venture arm of 25-year-old hedge fund Maverick Capital, San Francisco-based M...
Tags: Startups, Softbank, Tech, Oscar, Venture Capital, Tencent, Bessemer Venture Partners, Youku, Maverick, Affymetrix, One Medical, Freshdirect, Maverick Ventures, Ambar Bhattacharyya, David Singer, Devoted Health


Pia d’Iribarne joins Stride.VC as third partner

It turns out Stride.VC isn’t going to focus exclusively on the U.K. after all. Pia d’Iribarne is leaving Accel to join Stride.VC as a partner. Stride.VC was originally co-founded by former Accel partner Fred Destin along with Harry Stebbings, producer of “The Twenty Minute VC” podcast. Back in October, when TechCrunch’s Steve O’Hear covered the official closing of the £50 million fund, the pair said that they would focus on the U.K. at first. Arj Soysa also joined the firm as operating par...
Tags: Startups, Europe, London, France, Tech, Bloomberg, Paris, Venture Capital, Felix Capital, Accel, Fred Destin, DESTIN, Natasha Lomas, Steve O'Hear, Harry Stebbings, Stebbings


Austin’s Localeur, Millennial-Focused Travel Startup, Hits 100 Cities

Austin—Localeur, a travel recommendation startup, is celebrating its (nearly) fifth anniversary by announcing its 100th city.The Austin startup focuses on recruiting a group of local residents who can provide insider information on each travel destination. The “localeurs”—a portmanteau of local and connoisseur—are millennials catering to the tastes of their own. Localeur made its debut in 2013 at South By Southwest with Austin as its first city and then expanded to San Francisco, New York, and ...
Tags: Travel, Apps, Texas, Instagram, Tinder, Funding, Los Angeles, Trends, Tech, Diversity, Investment, Vc, Austin, Innovation, Millennials, Venture Capital