Redis Labs raises a $60M Series E round

Redis Labs, a startup that offers commercial services around the Redis in-memory data store (and which counts Redis creator and lead developer Salvatore Sanfilippo among its employees), today announced that it has raised a $60 million Series E funding round led by private equity firm Francisco Partners. The firm didn’t participate in any of Redis […]

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ShipBob brings in $40M to help e-commerce businesses compete with Amazon

ShipBob has raised a $40 million Series C to assist small direct-to-consumer e-commerce businesses with streamlining the fulfillment process, so it’s possible for them to maintain a well-managed inventory while getting orders out as quickly as possible.

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Investment advisory software developer SigFig raises $50 million

SigFig, the developer of an automated wealth management toolkit, has raised $50 million in a new round of funding. The company said the new money would be used to continue its research and development. The new funding was led by General Atlantic and included participation from existing investors like Bain Capital Ventures, DCM Ventures, Eaton […]

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Coinbase’s first investment, Compound, earns you interest on crypto

Compound wants to let you borrow cryptocurrency, or lend it and earn an interest rate. Most cryptocurrency is shoved in a wallet or metaphorically hidden under a mattress, failing to generate interest the way traditionally banked assets do. But Compound wants to create liquid money markets for cryptocurrency by algorithmically setting interest rates, and letting you […]

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Basis, a year-old startup that’s building a price-stable cryptocurrency, just raised $133 million from top investors

If you own any Bitcoin, you’re probably in the habit of watching its price fluctuate wildly. What you aren’t doing is using your Bitcoin to buy things. It’s too valuable, not to mention unpredictable. Enter Basis, a year-old, 10-person, Hoboken, N.J.-based cryptocurrency startup at work on a “stable coin” whose elastic supply will ostensibly expand […]

View More Basis, a year-old startup that’s building a price-stable cryptocurrency, just raised $133 million from top investors

TapCommerce’s founders are back with Attentive, a messaging startup that’s raised $13M

Attentive mobile messaging Attentive is coming out of stealth today with the announcement that it’s raised $13 million in Series A funding.
The company was founded by Brian Long and Andrew Jones. They previously founded TapCommerce, a mobile ad startup that was acquired by Twitter for a reported price of $100 million. Long and Jones both worked at Twitter for a couple of years before leaving to start something… Read More

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Passport, the technology business for city transit systems, raises $43 million

 Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami, and Los Angeles has just raised $43 million. The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally as cities and states wrestle with how new… Read More

View More Passport, the technology business for city transit systems, raises $43 million