Andreessen Horowitz is the lead investor in TransferWise, a London-based online currency exchange. A16z was joined in the $58 million round by existing backers IA Ventures, Valar Ventures, Index Ventures, Seedcamp, and Richard Branson.
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THE BUSINESS OF TECHNOLOGY
Andreessen Horowitz is the lead investor in TransferWise, a London-based online currency exchange. A16z was joined in the $58 million round by existing backers IA Ventures, Valar Ventures, Index Ventures, Seedcamp, and Richard Branson.
Button, a startup aiming to connect apps, has raised a $12 million Series A round led by Redpoint Ventures.
Ride-hailing company Uber has closed $1.6 billion in convertible debt from clients of Goldman Sach’s private wealth arm. The New York Times reports that the startup will raise another $600 million in…
Elon Musk’s space exploration company SpaceX has raised $1 billion in financing from two new investors, Google and Fidelity.
Founded by former NASA scientists to launch image capturing satellites, Planet Labs has secured $25 million in debt financing from Western Technology Investment to bring total funding (debt and equity) to $160.1 million.
ClassPass, a fitness subscription service, has secured $40 million in Series B funding led by General Catalyst and Thrive Capital.
The similarities between Moovit and Waze are obvious: crowdsourced traffic information platforms originally founded in Israel.
Online education company lynda.com, has secured a $186 million investment led by TPG. Previous backers Accel Partners Spectrum Equity and Meritech also participated.
YouTube sports network Whistle Sports has secured $28 million in Series B financing led by Emil Capital Partners.
Although not yet seen regularly on the streets, Google Glass has several compelling enterprise applications. Augmedix and its backers, which include DCM and Emergence Capital, are betting that doctors will be one of the groups to adopt the technology.