Ride-hailing app Uber has raised another $1.2 billion, as the company looks to expand into 100 Chinese cities over the next 12 months. Technology giant Baidu provided the funding, which was announced…
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THE BUSINESS OF TECHNOLOGY
Ride-hailing app Uber has raised another $1.2 billion, as the company looks to expand into 100 Chinese cities over the next 12 months. Technology giant Baidu provided the funding, which was announced…
Enterprise Cyber security company Tanium has raised $120 million in financing from TPG, Institutional Venture Partners (IVP) and funds advised by T. Rowe Price Associates. The capital will be used to expand…
Peloton Technology, an automated vehicle technology company, has raised $17 million in a funding round led by Lockheed Martin, DENSO International America and Intel Capital. The company will use the funds to…
Customer communication platform Intercom has raised $35 million in Series C funding. ICONIQ Capital led the round, with participation from previous backer The Social + Capital Partnership and Bessemer Venture Partners. The…
Coursera, an online education platform, has closed a Series C round of funding worth $49.5 million. The company expects a second closing of the round in the fall which will bring the…
Healthcare technology company ZocDoc has raised $130 million in funding at a valuation of $1.8 billion. Baillie Gifford and Atomico led the round with participation from existing backer Founders Fund. The new…
Carbon3D, a 3D printing company, has raised a $100 million funding round led by Google Ventures. Yuri Milner, Reinet Fund SCA, FIS and others participated in the round as did existing investors…
China Investment Corp. has invested $400 million into GrabTaxi, the Southeast Asia ride-hailing startup, the Wall Street Journal reports. The $740 billion Chinese sovereign wealth fund also invested in another taxi app,…
Cyber security company Tanium is raising a new round of financing which will value the startup at $2.5 billion or even higher, according to a report by Fortune. One of Fortune’s sources…
Editas Medicine, a genome editing company, has raised $120 million in a Series B round of financing. The funding was led by a new firm called Bng0, led by Boris Nikolic, which…