Sales CRM Pipedrive takes majority investment from Vista Equity Partners to reach unicorn status

Pipedrive, the sales CRM tool for small and medium-sized businesses, is the latest European company to reach unicorn status. Founded in Estonia and now headquartered in New York, the company has taken a majority investment from U.S. enterprise software-focused private equity firm Vista Equity Partn

Railsbank, the Banking-as-a-Service, raises $37M in growth funding

Railsbank, the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Leading the round is MiddleGame Ventures and Ventura Capital, which are both existing investors in Railsbank. Also participating is Anthos Capital, Global Brain, Clocktower Technology Ve

PUBG announces India return plan with new game and $100 million investment

PUBG Mobile plans to return in India in a new avatar, parent company PUBG Corporation said on Thursday. technewss reported last week that the South Korean gaming firm was plotting its return to the world's second largest internet market two months after its marquee title was banned by the coun

President-elect Joseph Biden plucks Revolution’s Ron Klain as new chief of staff

President-elect Joseph Biden has plucked Ron Klain, a longtime colleague and the current executive vice president of the venture capital firm Revolution, as his White House chief of staff, reports The New York Times.  Klain was Biden's chief of staff for two years during the Obama administrati

Join us for a live Q&A with Bessemer’s Byron Deeter next Tuesday at 3pm ET, noon PT

The Extra Crunch Live series rolls along with a big new installment next week as Jordan Crook and Alex Wilhelm will welcome Bessemer Venture Partners‘ Byron Deeter to the conversation. Deeter is an obvious addition to the collection of investors, founders and tech luminaries that technewss h

Snap acquired Voca.ai, which makes AI-based voice agents for call centers

Snapchat is the quintessential consumer app: With an array of fun filters, it encourages people to send fun, disappearing messages to friends and has a large base of younger users. But could parent company Snap be eyeing up ways of leveraging its traction in the consumer world — with the app

Dear Sophie: What does Biden’s win mean for tech immigration?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

Only 72 hours left until early-bird savings end for TC Sessions: Space 2020

We're just about a month away from TC Sessions: Space 2020, a two-day conference dedicated to bold visionaries with the passion, audacity and technical skills to chart a new course in space. Fun fact: A bold visionary likes a good deal as much as the next one. But timing is everything. The dead

As edtech crowds up, Campuswire bets big on real-time learning

Campuswire was in a fortuitous spot when colleges and universities across the world shut down on short notice because of the threat of coronavirus. Founded by Tade Oyerinde in 2018, Campuswire is a virtual solution for any teacher who wants to digitize their internal classroom communications, from

Bootstrapped Clearfind wants to cut your software spend, for a small fee

Software is eating the world, and that grub can be costly. As the market for enterprise tools and software continues to balloon, organizations are spending more and more on that software across an increasingly complicated and rapidly evolving landscape. That’s where Clearfind comes in.

Inside Silicon Valley’s SPAC psychology

"speakable-summary" dir="ltr">The SPAC (special purpose acquisition company) hype is the latest financial engineering offering to quickly hit both mainstream media and the backrooms of Silicon Valley. Wall Street is now “printing” 15 new SPAC IPOs each week while mainstream media prints 15 artic

This startup is betting that you want to binge remote-work content

As the coronavirus pandemic evolved into a genuine threat, offices closed to limit spread and people suddenly had to download Zoom and work from home. In the months since, many offices have remained closed. And with the number of coronavirus cases growing at a rapid clip, it's not clear when, o

E-commerce startup Heroes raises $65M in equity and debt to become the Thrasio of Europe

Heroes, a European e-commerce business operating a similar model to unicorn Thrasio in the U.S. — with a strategy of acquiring and scaling high-performing Amazon businesses — has raised $65 million in a funding round. The round — a mixture of equity financing and debt — is c

Accelerators embrace change forced by pandemic

Accelerators have become a major force in the startup world, but these teeming masses of potential have been forced, like every other industry, to adopt major changes with the pandemic. Surprisingly, however, they have not just rolled with the punches but seem to be thriving in the new virtual envi