Archives

Vista Equity Buys Data Analytics Company 7Park

By Annie Baker ● Dec 13, 2018

Vista Equity Partners has announced that it has acquired data analytics software company 7Park Data. The acquisition details were undisclosed.

Digital Banking Platform Company Good Money Raises $30 Million

By Noah Long ● Dec 13, 2018

Good Money, a digital banking platform that offers equity to customers who sign up, has raised $30 million in funding.

Insurance Tech Company Zesty.ai Raises $13 Million

By Dan Anderson ● Dec 13, 2018

Oakland, California-based insurance technology company Zesty.ai announced that it has raised $13 million in funding led by Blamar.

Tesla May Reveal An Electric Pickup Truck Prototype Next Year

By Amit Chowdhry ● Dec 12, 2018

In a tweet, Tesla Motors chief executive Elon Musk said that an electric pickup truck prototype could be released next year.

Rivian Automotive: An Off-Road Rally Car May Be Coming Next

By Amit Chowdhry ● Dec 12, 2018

Rivian Automotive is planning to launch an off-road cally car with a lot of ground clearance after releasing its electric SUVs and pickups.

Dell Plans To Go Public Again After Buying Back VMware Tracking Stock

By Amit Chowdhry ● Dec 12, 2018

Dell is planning to go public on December 28th after buying back VMware tracking stock in a $23.9 billion deal.

WhyHotel Raises $10 Million To Offer Alternative Lodging Services

By Dan Anderson ● Dec 12, 2018

WhyHotel, a company that offers alternative lodging services, has raised $10 million in funding.

Atlanta-Based Cloud Contact Center Company AVOXI Raises $10 Million

By Noah Long ● Dec 12, 2018

AVOXI, an Atlanta-based company that serves more than 2,400 contact centers, has raised $10 million in funding.

Daimler To Spend Over $20 Billion On Battery Cells For Electric Vehicles

By Dan Anderson ● Dec 12, 2018

German automaker company Daimler announced that it is issuing over $20 billion worth of battery supply contracts for its future electric vehicles.

New York-Based Car Shopping Service Vroom Secures $146 Million

By Annie Baker ● Dec 12, 2018

New York-based Vroom announced that it has raised $146 million in Series G funding led by AutoNation.

Fintech Startup Plaid Raises $250 Million At A $2.65 Billion Valuation

By Noah Long ● Dec 12, 2018

San Francisco-based fintech company Plaid announced that it has raised $250 million in Series C funding led by Kleiner Perkins. And Mary Meeker is joining Plaid's board.

Cambridge-Based Solo.io Raises $11 Million To Help Enterprises Adopt Cloud-Native Technologies

By Dan Anderson ● Dec 12, 2018

Solo.io, a Cambridge, Massachusetts-based startup, has raised $11 million in Series A funding to enable enterprises to adopt and operate innovative cloud-native technologies.

Miami-Based ParkJockey Surpasses $1 Billion In Value Following SoftBank Investment

By Annie Baker ● Dec 12, 2018

ParkJockey, a Miami-based parking technology solutions company, has raised funding from the SoftBank Group at a valuation of more than $1 billion.

Mountain View-Based Multi-Cloud Log Management Company LogDNA Raises $25 Million

By Dan Anderson ● Dec 12, 2018

LogDNA, a Mountain View, California-based multi-cloud log management system company, has raised $25 million in Series B funding.

The Riveter: Seattle-Based Women-Led Coworking Company Raises $15 Million

By Noah Long ● Dec 12, 2018

The Riveter, a Seattle-based membership network offering co-working spaces, has raised $15 million in Series A funding led by Alpha Edison.

Google Photos: Unsupported Video Storage Is No Longer Free

By Dan Anderson ● Dec 12, 2018

Google has removed unsupported video storage will no longer be free. The unsupported videos can still be stored via paid Google Drive storage accounts.

TrueCar Is Acquiring DealerScience For $32 Million

By Amit Chowdhry ● Dec 12, 2018

Automotive pricing and information company TrueCar is acquiring DealerScience for $32 million, of which $5 million is in earn-outs.

Huawei CFO Meng Wanzhou Bailed For $7.5 Million In Canada

By Amit Chowdhry ● Dec 12, 2018

Huawei's deputy chairwoman and CFO Meng Wanzhou has been granted bail after getting arrested in Canada earlier this month at $10 million Canadian dollars (about $7.5 million USD).

Business Communications Company Avochato Raises $5 Million

By Dan Anderson ● Dec 11, 2018

San Francisco-based business communications company Avochato has raised $5 million in a Series A round of funding led by Amity Ventures.

Essential Reportedly Acquires Newton Mail Developer CloudMagic

By Noah Long ● Dec 11, 2018

Essential, the mobile phone company founded by Android co-founder Andy Rubin, has reportedly acquired Newton Mail developer CloudMagic.

Apple: How The Platoon Acquisition Will Help Discover More New Artists

By Amit Chowdhry ● Dec 11, 2018

Apple has acquired Platoon, which is a company that helps up and coming artists with music distribution, marketing, and analytics.

Walmart Is Buying Art.com To Build On Its Home Decor Business

By Amit Chowdhry ● Dec 11, 2018

Retail giant Walmart is acquiring Art.com to build on its home decor business. The value of this deal was undisclosed.

Grab Makes $100 Million Investment In OYO To Expand Hotel Service In Southeast Asia

By Dan Anderson ● Dec 11, 2018

Southeast Asia-based ride-hailing company Grab has invested $100 million in OYO.

Santa Cruz-Based Business Intelligence Company Looker Raises $103 Million

By Dan Anderson ● Dec 11, 2018

Santa Cruz, California-based Looker, a company that offers actionable business insights for its customers, has raised $103 million in Series E funding.

Firefly Raises $21.5 Million To Put Ads On Top Of Ride-Sharing Vehicles

By Annie Baker ● Dec 11, 2018

Firefly, a company that is integrating billboards on top of ride-sharing vehicles, announced it has raised $21.5 million in a seed round of funding.

Autonomous Routing Software Company Wise Systems Raises $7 Million

By Dan Anderson ● Dec 10, 2018

Cambridge, Massachusetts-based company Wise Systems announced that it has raised $7 million in Series A funding led by Gradient Ventures.

Utah-Based Customer Experience Platform Company Weave Raises $37.5 Million

By Noah Long ● Dec 10, 2018

Lehi, Utah-based customer experience management company Weave announced it has raised $37.5 million in Series C funding.

London-Based FinTech Company Trustology Raises $8 Million

By Dan Anderson ● Dec 10, 2018

London-based fintech company Trustology has raised $8 million in funding led by Two Sigma Ventures with participation from ConsenSys.

Report: Waymo Could Hit $114 Billion In Revenue By 2030

By Amit Chowdhry ● Dec 10, 2018

Eric Sheridan, an analyst at UBS, has published a report claiming that Waymo could be generating $114 billion in revenue by 2030.

Uber And Lyft Race Towards An IPO

By Amit Chowdhry ● Dec 8, 2018

Lyft announced its plans to go public in 2019. And Uber also reportedly submitted a confidential filing with the SEC to go public as well.