These two former corporate VCs just raised $110 million for their own fund
All kinds of teams are raising venture funds these days, so don’t be surprised to see more investors from corporate venture firms decide to create their own outfits, too.
They might look to Counterpart Ventures for inspiration. Founded by Patrick Eggen and Joe Saijo, the three-year-old, San F
Scaling across Series A to C
The T2D3 (triple, triple, double, double, double) acronym has become a well-known goal in the startup scene for achieving unicorn status. Formulating the goal can be easy, but realizing such tremendous revenue growth is notoriously difficult.
A study from Dealroom shows that about 16% of the compan
Arctic Wolf acquires ‘Hollywood-style’ cybersecurity training startup Habitu8
Arctic Wolf, a managed cybersecurity company that offers a “security operations-as-a-concierge” service, has acquired Habitu8, a security training and awareness content platform.
Terms of the deal — which comes just two months after Arctic Wolf secured $150 million in Series F funding
48 hours left to save $100 on passes to TC Sessions: SaaS 2021
If you're a savant in the world of SaaS, pay close attention; you have just 48 hours left to save $100 on the price of admission to TC Sessions: SaaS 2021. The early-bird price expires on October 1 at 11:59 pm (PT), so buy your pass before the deadline and connect with the global SaaS community
Kevin Ryan’s AlleyCorp is giving these physicians $100 million to invest in healthcare
Kevin Ryan — the New York-based investor and entrepreneur who first rose to prominence as CEO of the early online ad business DoubleClick — could have launched or joined a traditional venture firm many years ago. Instead, he has launched one company after another with largely his own ca
Mobile gaming company Voodoo acquires Beach Bum
French startup Voodoo has made a significant acquisition in the casual mobile gaming market. The company is acquiring Beach Bum, a game studio based in Israel and specialized in tabletop and card games.
It's hard to get a clear number for this acquisition as Voodoo is offering both cash and sha
Sony buys remake and remaster studio Bluepoint Games
Sony has acquired Bluepoint Games, the Austin-based studio best known for remaking Demon's Souls and Shadow of the Colossus. Financial terms of the deal haven't been disclosed. Rumors that Sony was buying Bluepoint started to spread online right around the time the company acquired Returnal
Forta launches with $23M to bring better security to smart contracts
Blockchain cybersecurity startup OpenZeppelin this morning announced a $23 million investment in Forta, a security service aimed at smart contracts.
Andreessen Horowitz led the round, which OpenZeppelin CEO and co-founder Demian Brener described as 3x oversubscribed. The investment also attracted c
Sharing mobility data without compromising privacy
In recent years, rows of electric scooters and bikes lining sidewalks have become a common sight in cities around the United States.
The size of the e-scooter market alone is expected to surpass $40 billion by 2025, and Americans have taken more than 342 million trips on shared bikes and e-scooters
Microsoft’s Saqib Shaikh, lead on Seeing AI, is returning to Sight Tech Global, Dec. 1-2
"speakable-summary" style="font-weight: 400;">At last year’s inaugural Sight Tech Global event, a virtual event dedicated to applications of AI and related tech to accessibility for people who are blind, one of the most popular sessions belonged to Saqib Shaikh. The Microsoft engineer co-fou
UK class action-style suit filed over DeepMind NHS health data scandal
A U.K. law firm is bringing a class-action style claim over a patient health data scandal that dates back to 2015 and involves the Google-owned AI company DeepMind, after it was quietly passed medical information on more than a million patients by an NHS Trust as part of an app development project.
Accel, Tiger and Stripe’s COO back Mexico City-based Higo as it raises $23M for its B2B payments platform
Just six months after raising $3.3 million in seed funding, Mexico City-based Higo announced today it has raised $23 million in a Series A round led by Accel.
Tiger Global Management also participated in the financing, along with existing backers Haystack, Homebrew, Audacious, Susa Ventures and J V
Lordstown Motors in talks to sell its 6.2M-square-foot factory to Taiwan’s Foxconn
EV startup Lordstown Motors made headlines when it purchased a 6.2 million-square-foot factory from General Motors in 2019. Now, it looks like the strapped-for-cash startup will likely sell that facility to Taiwan's Foxconn Technology Group.
The news was first reported by Bloomberg, who said un
Rivian R1T Camp Kitchen: Check out the final version of the electric pickup’s outdoor cooking station
In 2019, Rivian showed up at the Overland Expo West in Flagstaff, Arizona with a prototype of what is now known as the Camp Kitchen. Now, with production ready 2022 Rivian R1T electric pickup trucks coming off the assembly line, the final version of the kitchen is ready for prime time.
The automake