Startups

Trust Ventures Raises $70 Million For $100 Million Targeted Fund

By Amit Chowdhry ● Oct 17, 2019

Austin, Texas-based venture capital firm Trust Ventures announced it raised $70 million for the first close of a targeted $100 million fund.

Nike’s Acquisition Of Russell Wilson’s TraceMe: Details About The Deal

By Amit Chowdhry ● Oct 16, 2019

Nike recently announced it acquired TraceMe, a company founded by NFL star Russell Wilson. These are the details.

Why Uber Is Buying A Majority Stake In Cornershop

By Dan Anderson ● Oct 16, 2019

Uber recently announced that it is acquiring a majority stake in Cornershop, a grocery delivery company serving the Latin American market.

Why Thoma Bravo Is Acquiring Sophos For $3.9 Billion

By Amit Chowdhry ● Oct 16, 2019

Thoma Bravo announced recently that it is acquiring UK-based cybersecurity company Sophos for $7.40 per share. These are the details about the deal.

Dafina Toncheva Gets Promoted To General Partner At U.S. Venture Partners

By Amit Chowdhry ● Oct 15, 2019

Silicon Valley venture capital firm U.S. Venture Partners announced it promoted Dafina Toncheva to General Partner. These are the details.

IM Therapeutics Secures $10 Million In Funding To Develop Personalized Therapies For Autoimmune Diseases

By Dan Anderson ● Oct 15, 2019

IM Therapeutics, a clinical-stage company developing personalized therapies for autoimmune diseases, announced it raised $10 million in Series A funding.

Digital Recovery Platform Company Tempest Raises $10 Million In Funding

By Amit Chowdhry ● Oct 15, 2019

Tempest, a virtual program changing how individuals access recovery, announced it has raised $10 million in Series A funding led by Maveron Capital.

Mobile Access Control Solutions Company Nexkey Closes $6 Million In Funding

By Dan Anderson ● Oct 15, 2019

Mobile access control solutions Nexkey announced it raised $6 million in Series A funding led by Upfront Ventures.

Revenue Operations Company Clari Raises $60 Million In Funding

By Noah Long ● Oct 15, 2019

Leading AI-powered revenue operations platform company Clari announced recently it raised $60 million in Series D funding.

Home Interior Decorating Company Havenly Secures $32 Million In Funding

By Amit Chowdhry ● Oct 15, 2019

Rapidly growing home interior decorating company Havenly announced it closed a Series C round of funding at a total of $32 million.

Grammarly To Build A Communication Assistant With New Round Of Funding

By Amit Chowdhry ● Oct 15, 2019

Grammarly, the company known for its AI-powered digital writing assistant used by over 20 million people per day, announced it raised $90 million.

Jackson Square Ventures Raises $193 Million For Third Fund

By Amit Chowdhry ● Oct 15, 2019

Jackson Square Ventures announced that it raised $193 million for its third and largest fund.

Nerd Street Gamers Raises $12 Million To Build eSports Facilities

By Amit Chowdhry ● Oct 14, 2019

Esports infrastructure company Nerd Street Gamers announced it raised $12 million in Series A funding led by retailer Five Below.

Energy Labor Marketplace Company RigUp Raises $300 Million In Funding

By Annie Baker ● Oct 14, 2019

RigUp, a marketplace for on-demand services and skilled labor built for the energy industry, announced it raised $300 million in Series D funding led by Andreessen Horowitz.

Blue Canoe Secures $2.5 Million In Funding To Help People Learn The English Language

By Noah Long ● Oct 14, 2019

Blue Canoe, a company that helps non-native English speakers improve their spoken English, announced it raised $2.5 million in funding.

Lattice: $25 Million Funding And Approximately $200 Million Valuation

By Amit Chowdhry ● Oct 14, 2019

People management platform Lattice announced recently that it raised $25 million in a Series C round of funding led by Tiger Global.

Telemedicine Company Parsley Health Raises $26 Million In Funding

By Noah Long ● Oct 14, 2019

Parsley Health, a leading national provider of holistic personalized medicine designed to reverse chronic illness, announced it raised $26 million.

Why Standard Cognition Is Acquiring DeepMagic

By Dan Anderson ● Oct 14, 2019

Cashierless technology company Standard Cognition recently announced that it acquired DeepMagic. These are the details.

Strigo: This Customer Training Cloud Company Has Raised $2.5 Million In Funding

By Dan Anderson ● Oct 12, 2019

Customer training management (CTM) company Strigo has raised $2.5 million in a seed round of funding.