THE BUSINESS OF TECHNOLOGY
GoDaddy is aiming to raise as much as $418 million in what will be the biggest IPO of the year since Box went public. The Scottsdale, Arizona-based web hosting company expects to sell 22 million shares for between $17 and $19 for a total firm valuation of $4 billion, if debt is included.
Rover.com, a network for connecting dog owners with dog sitters has raised $25 million in a round of funding led by Technology Crossover Ventures (TCV). Existing investors such as Foundry Group, Madrona…
Fundbox, a cash flow optimization tool, raised $40 million in Series B financing led by General Catalyst Partners. Khosla Ventures, Shlomo Kramer, Blumberg Capital and new investor NyCa Investment Partners also participated.…
The online bulletin board Pinterest has secured $367 million, with an option to raise as much as $211 million more, from an undisclosed group of new and old investors. The financing reportedly…
Dyson, the U.K.-based maker of vacuum cleaners, has invested $15 million in Sakti3, a company developing long life batteries, the Financial Times has reported. The newspaper reported that Chairman and Founder of…
Amazon has purchased 2lemetry, a Denver, CO-based platform with a platform that facilitates the Internet of Things in enterprise settings.
Video conferencing company Highfive has raised $32 million in Series B finding led by Lightspeed Venture Partners. Previous backers Andreessen Horowitz, General Catalyst, SV Angel, Aaron Levie, Drew Houston, Marc Benioff and…
Snapchat is reportedly looking to raise up to $500 million in financing from Alibaba and Saudi Arabian investor Prince Alwaleed Bin Talal, TechCrunch has reported. According to Bloomberg, Alibaba is set to…
Zuora, which supports subscription business models, has raised $115 million in funding from new investors Wellington Management Company LLP and Blackrock Inc., PremjiInvest and Passport Capital. Previous backers Benchmark Capital, Greylock Partners,…
21 Inc., a secretive bitcoin start-up co-founded by Andreessen Horowitz partner Balaji Srinivasan, has raised $116 million in venture funding from a16z, RRE Ventures, Khosla Ventures, Data Collective, the Chinese PE firm…