THE BUSINESS OF TECHNOLOGY
When historians look over the past fifty years, they will remind the world of David Packard, Bill Gates, Steve Jobs, Nolan Bushnell, Sergey Brin and Mark Zuckerberg. But they might pass over the man who has made technology an integral part of modern economies.
Uber is looking for more cash, just weeks after raising $3.5 billion from Saudi Arabia. The ride hailing app is turning to the leveraged-loan market for funding this time, and has hired…
Chinese car-hailing app Didi Chuxing has raised more than $600 million in funding from China Life Insurance. The investment comes at a time when Didi Chuxing is locked in a battle with…
Property management company SMS Assist has secured a $150 million Series D funding round from Goldman Sachs Investment Partners. The funding puts a $1 billion valuation on SMS Assist, which allows property…
Getting funded, the state of the market and sky high valuations were just a few of the topics discussed and debated as the Red Herring Top 100 North America conference began in…
Norway isn’t usually the first place on anyone’s list of European tech centers. Even in the Nordics it usually falls behind Finland and neighbor Sweden, whose band of hip, new unicorns have…
Social media marketing software startup Spredfast has raised $50 million in new funding led by Riverwood Capital. Return investors Austin Ventures, Interwest Partners, OpenView Venture Partners and Lead Edge Capital. Spredfast has…
Home WiFi system creator eero has secured a $50 million investment round led by Menlo Ventures. Index Ventures was another significant investor, and joined previous backers First Round Capital, Shasta Ventures, Redpoint…
Investment in the financial technology (fintech) sector has rallied over the past nine months – with mega-rounds lifting quarterly injections into VC-backed firms over 150%. According to a report by CB Insights,…
Snapchat is raising around $200 million at a $20 billion valuation, TechCrunch reports. The new financing is said to be a follow on from the $175 million Series F round led by…