Earnest, a loan refinancing platform, has raised $17 million in Series A funding led by Maveron. The company will use the funds to expand across the U.S. and develop additional lending products.…
Syriza’s Greece victory: what it means for nascent tech crowd
On Sunday Syriza, a far-left party, won snap elections in Greece. The party, whose name stands for ‘Coalition of the Radical Left’, has vowed to end austerity measures put in place since…
CloudBees grabs $23.5 million round of funding
Continuous delivery platform CloudBees has secured $23.5 million in financing, led by Lightspeed Venture Partners. Previous backers Matrix Partners, Verizon Ventures and Blue Cloud Ventures also participated. The company has now raised…
TransferWise raises $58m for currency exchange service
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.
The Exit Report: Softcard, Semetric, Box
Google is in discussions to acquire Softcard, a payments joint venture between AT&T, Verizon, and T-Mobile.
App connecting startup Button raises $12 million Series A
Button, a startup aiming to connect apps, has raised a $12 million Series A round led by Redpoint Ventures.
Romania looks to capitalize on huge IT workforce with startup success
You won’t hear many of Bucharest’s entrepreneurs extolling the virtues of communism. But it’s Romania’s 42 years as a socialist republic that have – at least in part – helped it become…
Uber raises another $1.6bn
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…
SpaceX raises $1bn round led by Google and Fidelity
Elon Musk’s space exploration company SpaceX has raised $1 billion in financing from two new investors, Google and Fidelity.
Planet Labs secures $25m in financing
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.