Sources confirm Accel has nabbed $2.5 billion — its largest pool of capital yet — for three new funds.
View More HotelTonight, Slack stakeholder Accel stays on top with $2.5B fundCategory: battery ventures
This VC went long on HotelTonight and it paid off; here’s how.
Brian O’Malley has enjoyed a lot of success as a venture capitalist, thanks to bets on Bazaarvoice before it went public, and Dollar Shave Club before it was acquired by Unilever, and many other companies that have sold or gone public. It’s one reason that O’Malley, who began his venture career with Battery Ventures and […]
View More This VC went long on HotelTonight and it paid off; here’s how.Airbnb agrees to acquire last-minute hotel-booking app HotelTonight
Airbnb to purchase HotelTonight, a hotel-booking app last valued at $463 million.
View More Airbnb agrees to acquire last-minute hotel-booking app HotelTonightGong.io nabs $40M investment to enhance CRM with voice recognition
With traditional CRM tools, sales people add basic details about the companies to the database, then a few notes about their interactions. AI has helped automate some of that, but Gong.io wants to take it even further using voice recognition to capture every word of every interaction. Today, it got a $40M Series B investment. […]
View More Gong.io nabs $40M investment to enhance CRM with voice recognitionWorkato raises $25M for its integration platform
Workato, a startup that offers an integration and automation platform for businesses that competes with the likes of MuleSoft, SnapLogic and Microsoft’s Logic Apps, today announced that it has raised a $25 million Series B funding round from Battery Ventures, Storm Ventures, ServiceNow and Workday Ventures. Combined with its previous rounds, the company has now received investments […]
View More Workato raises $25M for its integration platformPaperspace scores $13M investment for AI-fueled application development platform
Paperspace wants to help developers build artificial intelligence and machine learning applications with a software/hardware development platform powered by GPUs and other powerful chips. Today, the Winter 2015 Y Combinator grads announced a $13 million Series A. Battery Ventures led the round with participation from SineWave Ventures, Intel Capital and Sorenson Ventures. Existing investor Initialized […]
View More Paperspace scores $13M investment for AI-fueled application development platformMachinify raises $10 million to help businesses use AI to monetize data
Data is valuable — if you know how to access it and reap the insights from it. That’s where Machinify comes in. The artificial intelligence company just raised a $10 million Series A round led by Battery Ventures with participation from GV and Matrix Partners. “Our core notion is that today, enterprises are collecting a ton […]
View More Machinify raises $10 million to help businesses use AI to monetize dataTiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuation
Coinbase may raise up to $500 million at an $8 billion valuation. The cryptocurrency trading platform has also announced two new high-level hires.
View More Tiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuationDetroit’s StockX raises $44M from GV and Battery to expand marketplace internationally
StockX started as a marketplace for reselling sneakers but has since grown to be much more, bringing its transparent and anonymous marketplace to more verticals. Today the company is announcing a $44 million Series B that will help fuel international and domestic growth while letting the company expand to even more product categories and perhaps […]
View More Detroit’s StockX raises $44M from GV and Battery to expand marketplace internationallyCoinbase’s Brian Armstrong: ‘I’d love to run a public company’
Brian Armstrong, the CEO of cryptocurrency trading platform Coinbase, wants to take his company public — maybe on the blockchain. Onstage at TechCrunch Disrupt SF 2018, Armstrong dished on his ambitions for the future of Coinbase. “We are self-sustaining,” Armstrong said. “You know, we’ve been profitable for quite a while. We don’t have any plans […]
View More Coinbase’s Brian Armstrong: ‘I’d love to run a public company’Siemens acquires low-code platform Mendix for $700M
Siemens, the giant German technology company, today announced that it has acquired Mendix, the popular low-code application development platform, for €0.6 billion (or about $700 million). Mendix, which was founded in the Netherlands but now has its headquarters in Boston, will continue to operate as usual and keep its name, but Siemens notes that it […]
View More Siemens acquires low-code platform Mendix for $700MCheq raises $5M for a proactive, AI-driven approach to safe ad placement
While brand safety and fraud prevention have been big topics in the online ad industry over the past couple years, Cheq CEO Guy Tytunovich argued that “first generation solutions for ad verification” aren’t good enough. The problem, Tytunovich said, is that existing products use sampling to alert advertisers to issues “after the fact.” Compare this […]
View More Cheq raises $5M for a proactive, AI-driven approach to safe ad placement