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…
Berlin’s Anti-Airbnb Law Will ‘Likely Fail’ in Court – But the Long View is Unclear
Berlin, Germany’s ‘poor but sexy’ capital, has become one of Europe’s most desirable places to live, work and visit. Its culture scene is vibrant, bars and restaurants abound and its startup ecosystem…
Snapchat Raising $200m at $20bn Valuation – Report
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…
Red Herring Announces Top 100 North America Finalists
Red Herring has unveiled the full list of this year’s Top 100 North America finalists. The awards will be decided at Red Herring’s North America event in L.A. in early June. The…
In Berlin, a New Tech Megaclub Emerges
Five years ago – five years and four months, to be precise – two American entrepreneurs organized a morning meet up in a cafe in Berlin’s bustling heart. Little did they know…
Cellwize Snaps up CrowdX in All-Israel Cellular Deal
They might not have impressed Steve Jobs, but the founders of CrowdX today proved that in the startup world, persistence is key. The Tel Aviv-based startup was acquired by Cellwize, a crosstown neighbor…
Bulgaria’s ‘Comrades’ Show How to Use EU Tech Cash
When Red Herring visited Albania in March, the conversation frequently circled around one Balkan country: Bulgaria. Its EU status had made it a “giant” regionally, one expert told us. On closer inspection,…
Where The Wild(ly Successful) Things Are
Rocket Internet, Project A Ventures, Zalando, OnVista, Dubsmash, Movinga: brands that rank among the most exciting in German tech. The link between them? A small business school in the town of Vallendar,…
Berlin’s Project A Sees No Need for a Plan B, as Germany’s Capital Surges Onwards
Normally you’d expect news of a company that has made 38 investments and four acquisitions in under four years, in what is fast becoming Europe’s tech capital, to be spreading like wildfire.…
ChargePoint Grabs $50m for Electric Vehicle Charging Network
ChargePoint, an electric vehicle (EV) charging network, has secured $50 million in a funding round led by Linse Capital, with participation from Braemar Energy Ventures and Constellation Energy. ChargePoint has now raised…