Job hunting service Glassdoor sold to Japan’s Recruit for $1.2 billion

U.S. job hunting service Glassdoor, which is best known for providing insight into company working cultures, has been acquired for $1.2 billion in cash by Recruit, a $39 billion Japanese corporate that specializes in HR and recruitment services. The all-cash acquisition will see Glassdoor continue to maintain its brand, CEO Robert Hohman explained in a blog […]

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ServiceTitan is LA’s least likely contender to be the next billion dollar startup

The city of Glendale, Calif. seems like an unlikely place to grow one of the next billion dollar startups in the booming Los Angeles tech ecosystem. Located at the southeastern tip of the San Fernando Valley, the Los Angeles suburb counts its biggest employers as the adhesive manufacturer Avery Dennison; the Los Angeles industrial team […]

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Battery Ventures ups the ante, raising $1.25 billion across two new funds

 Battery Ventures is a 35-year-old, global investment firm that tends to keep its nose down. Its bench of 10 general partners have mostly been operating quietly in the business for many years if not decades, yet none are household names. Partly, that owes to the fact that Battery prefers to promote from within — often after many years of service. General Partner Neeraj Agrawal, who… Read More

View More Battery Ventures ups the ante, raising $1.25 billion across two new funds

Another short-lived, overfunded startup is shutting down: Primary Data

 A startup that’s operating in stealth mode raises an almost stunning amount of money before it releases a product. Investors write outsize checks to the outfit anyway because of the people involved in it, but before you know it, poof, the company is imploding, and the capital is gone. It’s a story that industry watchers know well at this point. Clinkle — the payments… Read More

View More Another short-lived, overfunded startup is shutting down: Primary Data

Battery Ventures leads $75M Series D in travel activities platform GetYourGuide

 Right after Berlin-based travel activities booking platform GetYourGuide announced its $50 million Series C, one of Europe’s biggest tourist draws, the city of Paris, was rocked by a series of terrorist attacks. The awful events in Paris were clearly not good news for a tourism-dependent business. Read More

View More Battery Ventures leads $75M Series D in travel activities platform GetYourGuide