Australian graphic design firm Canva has become Australia’s first tech unicorn. The Sydney-based company, which currently employs 250 people, received a funding round of $40 million from China’s arm of Sequoia Capital,…
Seceon Founder Chandra Pandey on “Broken” Cybersecurity and Being a Self-Investor
Chandra Pandey is founder and CEO of Seceon, a cybersecurity company dedicated to protecting data on a global scale. Pandey talks to Red Herring about new business partnerships, dealing with VCs and…
Podcast Startup Acast Secures $19.5m Funding Round
On-demand podcast provider Acast has announced a Series B funding round worth $19.5 million. The company, headquartered in Stockholm, Sweden, with additional offices in New York, London and Sydney, won the round…
Silicon Valley’s Bro Culture: More Female Venture Capitalists, Fewer Empty Apologies
Last week it was Travis Kalanick, today it’s Justin Caldbeck, the Binary Capital investor who resigned after six women came forward with allegations of sexual harassment–most of which occurred in the context of…
Seerene Bags $14m Series A Funding
SaaS analytics platform Seerene has announced a $14 million series A funding round. The injection, led by Berlin-based Lakestar Capital Partners, with additional funding from Munich’s Earlybird Venture Capital, will allow the…
Movinga Wins €17m Funding Round
Berlin-based online moving firm Movinga has annouced a €17 million ($18.25m) Series C funding round. The round, led by existing investors including Earlybird Venture Capital and Global Founders Capital, will be used…
Fintech Investments Skyrocket in 2016 – Report
Investment in the financial technology (fintech) sector has rallied over the past nine months – with mega-rounds lifting quarterly injections into VC-backed firms over 150%. According to a report by CB Insights,…