Fundings and Exits

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Glint, a startup that helps companies improve their employee retention rates, announced today that it has raised $20 million in Series D funding. The round, which includes participation from returning investors Bessemer Venture Partners, Meritech Capital Partners, Norwest Venture Partners and Shasta Ventures, brings Glint’s total funding so far to $80 million. Founded in 2013,
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TransferWise, the international money transfer company and one of Europe’s better-known unicorns, has announced $280 million in new investment today. The Series E round is led by asset management firm Old Mutual Global Investors, and Silicon Valley VC firm IVP, and I understand also includes some secondary share dealings, meaning that not all of the
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HelloFresh, the Berlin-based cooking kit delivery company, priced its IPO at the middle of its expected range at €10.25, or roughly $11.91. This means that the company could raise up to €318 million in the offering, or $369 million, assuming underwriters exercise what’s called a greenshoe option. It would value the company at nearly $2 billion, or €1.7 billion, which is below the last private
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There are venture-backed shoes, razors, and glasses. So why not, toothbrushes? Quip has raised a $10 million round for its dental care business. Sherpa Capital and other unnamed fashion and entertainment investors participated. The New York-based startup is “a lot more than just an electric toothbrush,” said Simon Enever, founder and CEO. Quip is “looking
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“When I was 17, I experienced erectile dysfunction.” My interviews with startup founders rarely start so candid. But to destigmatize the business of his new company Roman and empathize with customers, Zachariah Reitano is getting vulnerable. “I think in a good way I’ve become numb to the embarrassment” says 26-year-old Reitano. “I remember the embarrassment
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Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods and services in Southeast Asia,
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Zscaler, a nine-year-old, San Jose, Calif.-based company, has filed confidentially for IPO, multiple sources tell TechCrunch. The cloud security outfit is aiming to go public before the end of the year. Zscaler works with companies like United Airlines and NBC to protect from threats across all devices. “Zscaler built its multi-tenant platform from scratch to
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With over four million listings across more than 65,000 cities worldwide, Airbnb has not just upended the global hospitality industry — it has inadvertently created an industry within an industry: demand for services that help hosts manage their properties efficiently and professionally. It’s a hot space, for sure. GuestReady, a one-year-old contender based in London, has
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Reflektion, a marketing startup that uses predictive analytics to increase conversion rates on e-commerce sites, has raised $12 million to support its international expansion plans. The new funding is an extended Series B round led by Hasso Plattner, with participation from returning investors Battery Ventures and Clear Ventures. Reflektion has now raised $41.3 million since
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Apple is doubling on wireless charging, the technology that debuted in this year’s iPhone 8 and iPhone X, after it scooped up New Zealand-based company PowerbyProxi in its latest piece of M&A. Ten-year-old PowerbyProxi is a spinout of the University of Auckland and it is focused on developing wireless charging and power transfer products. That spans wireless control
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Doctorlink, a U.K. startup that provides doctor surgeries with a clinically approved digital triage and advice tool, is disclosing that it has picked up significant backing from Eight Roads, the proprietary investment arm of Fidelity International. I’m told that Eight Roads has invested £20 million in total, with £15 million of that via two rounds
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Independently-owned hotels sometimes fall through the cracks of the hospitality industry because they struggle to compete with major chains, but don’t belong on Airbnb or HomeAway. Zuzu Hospitality Solutions bridges the gap in Asia by providing essential revenue management and marketing services to small hotels while allowing them preserve their own brands. The Singapore-based startup
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There’s no doubt that our collective mobile device addictions are hurting real-world engagement for advertisers. This is especially true in professional sports stadiums, where looking down at your phone means you’re not paying attention to announcements, advertisements, and sometimes even the live game. One New Zealand-based startup think they have an answer to this problem.