Startups

Cybersecurity firm Dragos has raised $110 million in its Series C, almost triple the amount that it raised two years ago in its last round. Dragos was founded in 2016 to detect and respond to threats facing industrial control systems (ICS), the devices critical to the continued operations of power

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

Outfund, the revenue-based finance startup that wants to help online businesses fund growth without giving away equity, has raised £37 million in a “late seed” investment. A mixture of debt and equity, the round is led by Fuel Ventures, alongside TMT Investment and Force over Mass. Out

Lemonade is launching its renters insurance in France. This is the company's third European launch after the Netherlands and Germany. Originally from the U.S., Lemonade is now a public company with a current market capitalization close to $4 billion. Lemonade will compete directly with a local

Shippit, a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 million USD) Series B led by Tiger Global, with participation from Jason Lenga. Founded in 2014, Shippit's technology automates tasks related to order ful

Young people have long been a prime, if especially careful, target for financial services companies: find the right and responsible way to connect with them, and you could have a good customer for many years. Today, one of the startups building services specifically for those under 18 is announcing

Getsafe, the digital-first insurance startup that initially launched with an app for home contents insurance, has closed $30 million in Series B funding. Swiss Re, the reinsurer giant, led the round. Existing investors, including Earlybird and CommerzVentures, also participated. Getsafe has raised

Like a lot of startups, Aarmy faced some big challenges when the pandemic forced widespread shutdowns in March. Up until then, Aarmy was offering in-person fitness classes from its locations in New York and Los Angeles. Trey Laird, who founded the startup with trainers Akin Akman (chief fitness off

Aurora Innovation, the autonomous vehicle startup backed by Sequoia Capital and Amazon, has reached an agreement with Uber to buy the ride-hailing firm’s self-driving unit in a complex deal that will value the combined company at $10 billion. Aurora is not paying cash for Uber ATG, a company

We are T-minus one week until TC Sessions: Space 2020 lifts off on December 16-17. Join the global space community's leading experts, brightest visionaries and rising stars for two days dedicated to space technology and exploration — and the opportunities they offer. Speaking of opportunity,

Only eight months after getting acquired for $180 million, Avira is changing hands again, for double the value: NortonLifeLock today announced that it would acquire the German security firm for around $360 million in an all-cash deal. The M&A deal is the latest of a series of consolidations and

When one of AWS’s east coast data centers went down at the end of last month, it had an impact on countless companies relying on its services, including Roku, Adobe and Shipt. When the incident was resolved, the company had to analyze what happened. For most companies, that involves manually

While Zoom continues to hold a lot of mindshare (and market share) in the world of videoconferencing, Cisco’s WebEx division today announced an acquisition to underscore its own intention to keep its hat firmly in the game. It is picking up Slido, the company that lets people moderate questio

French startup Luko has raised a $60 million Series B funding round (€50 million). The round is led by EQT Ventures, with existing investors Accel, Founders Fund and Speedinvest also participating. Some angel investors with a background in insurance and technology are also investing in the startu