Datto sets initial IPO price range, indicating a valuation of around $4B
It was just a few weeks ago that Datto, what technewss called a “backup and disaster recovery firm,” filed to go public. This week the firm set an initial range for its debut.
The Vista Equity Partners-backed company was picked up by the private equity firm back in 2017. Vista is back
The need for true equity in equity compensation
I began my career at Oracle in the mid-1980s and have since been around the proverbial block, particularly in Silicon Valley working for and with companies ranging from the Fortune 50 to global consulting companies to leading a number of startups, including the SaaS company I presently lead. Throu
FloorFound is bringing online return and resale to direct to consumer furniture businesses
Over the next five years consumers will return an estimated 40 million to 50 million pieces of furniture that more than likely will end up in landfills, creating tons of unnecessary waste, according to Chris Richter, the founder of a new Austin-based furniture startup, FloorFound.
To reduce that wa
Future raises $24M Series B for its $150/mo workout coaching app amid at-home fitness boom
With thousands of gyms across the country forced to close during the pandemic, there’s been an unprecedented opportunity for fitness companies pitching an at-home solution. This moment has propelled public companies like Peloton to stratospheric highs — its market cap is about to eclips
Atlanta-based Speedscale now has $2.2 million more to grow its API test automation business
It only took a few weeks after its Y Combinator demo day debut for the Atlanta-based API test automation company Speedscale to raise its first $2.2 million.
Founded by longtime developers and Georgia Institute of Technology alumni Ken Ahrens, Matthew LeRay and Nate Lee, the trio had known each othe
Miniso, the Japanese-looking variety store from China, sees shares jump in US IPO
Investors are jumping aboard a value store chain that is bringing Japanese-inspired lifestyle goods to consumers around the world. The company, Miniso, raised $608 million from an initial public offering in New York on Thursday. It debuted at $24.40, above its pricing range of $16.50 to $18.50, and
Daily Crunch: Stripe acquires Nigeria’s Paystack
Stripe makes a big acquisition, Google rolls out search improvements and Snapchat adds a TikTok-y feature. This is your Daily Crunch for October 15, 2020.
The big story: Stripe acquires Nigeria’s Paystack
Stripe has made its biggest acquisition to date. It announced today that
Small business payments and marketing startup Fivestars raises $52.5M
It’s a difficult time for small businesses — to put it mildly. And Fivestars CEO Victor Ho said that many of the big digital platforms aren’t really helping.
Ho argued that those platforms (whether they offer delivery services, user reviews or marketing tools) all have the same unde
Proterra, which makes big honkin’ battery systems and electric buses, raises $200 million
Proterra, the battery system technology developer for heavy-duty electric vehicles, said it has raised $200 million in a new round of funding.
The new cash comes from Cowen Sustainable Investment Advisors, which led the round, along with money from Soros Fund Management, Generation Investment Manag
Emerging companies thrive on data. Shouldn't they use it to improve hiring decisions?
"speakable-summary" dir="ltr">While emerging companies are often started by technically minded founders and funded by VCs for their data-driven approaches to product and growth, the irony is that these companies are often using less data and rigor when it comes to hiring talent than more traditional
Temporal raises $18.75M for its microservices orchestration platform
Temporal, a Seattle-based startup that is building an open-source, stateful microservices orchestration platform, today announced that it has raised an $18.75 million Series A round led by Sequoia Capital. Existing investors Addition Ventures and Amplify Partners also joined, together with new inve
Whisper announces $35M Series B to change hearing aids with AI and subscription model
A few years ago, Whisper president and co-founder Andrew Song was talking to his grandfather about his hearing aids. Even though he spent thousands of dollars on a medical device designed to improve his hearing, and in the process his quality of life, he wasn’t wearing them. Song’s co-f
Bipedal robot developer Agility announces $20M raise
Agility, the Oregon State University spin-off behind Digit and Cassie, announced this morning that it has raised $20 million in funding. The latest round, led by DCVC and Playground Global, brings the startup's total funding up to $29 million. Other recent investors include TDK Ventures, MFV Pa
Alpaca raises $10M Series A for its API-powered equities trading service
This morning Alpaca, a startup that helps other companies add commission-free equities trading to their own products, announced a $10 million Series A. The new capital event was led by Portag3, and included prior investors Social Leverage, Spark Capital, Fathom Capital and Abstract Ventures.
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