First, background checks at startups, then Huawei’s finance chief is arrested, SoftBank’s IPO is subscribed, and I am about to record our next edition of TechCrunch Equity. It’s Thursday, December 6, 2018. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author […]
View More The trust dilemma of continuous background checksCategory: CrunchBase
In venture capital, it’s still the age of the unicorn
Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee’s landmark article, “Welcome To The Unicorn Club”. At the time, the piece defined […]
View More In venture capital, it’s still the age of the unicornMexican venture firm ALL VP has a $73 million first close on its latest fund
Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Brazilian-based pan-Latin American announced the close of its $150 million latest fund comes word from our sources that ALL VP, the Mexico City-based, early stage technology […]
View More Mexican venture firm ALL VP has a $73 million first close on its latest fundAfrica Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Tarform debuted new e-motorcycles but is there a U.S. market? Naspers announces $300 million initiative to support startups and tech in South Africa Africa’s VC landscape is becoming more […]
View More Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifiesThe SaaS VC gap: China & other markets trail the US
Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor Early-stage SaaS VC slip snaps recovery as public software stocks soar International growth, primarily in China, fuels the VC market today Chinese startups rule the roost when it comes to total reported venture dollars raised […]
View More The SaaS VC gap: China & other markets trail the USTeamable, the Tinder for hiring, raises $5M and acquires Simppler
Teamable, a provider of hiring software that leverages employees’ social networks, has brought in $5 million from new investor Foundation Capital and existing backers True Ventures and SaaStr Fund. The startup also announced its acquisition of Simppler‘s referral recommendation engine and matchmaking recruiting software. Teamable’s co-founder and chief executive officer Laura Bilazarian declined to disclose the […]
View More Teamable, the Tinder for hiring, raises $5M and acquires SimpplerLocal venture capital fund formation is on the rise in Africa, led by Nigeria
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor E-moto startup Alta Motors reportedly powers down African financial technology startups move beyond payment services Africa’s VC landscape is becoming more African with an increasing number of investment funds […]
View More Local venture capital fund formation is on the rise in Africa, led by NigeriaBots replacing office workers drive big valuations
A lot of people still get paid to sit in offices and do repetitive tasks. In recent years, however, employers have been pushing harder to find ways to outsource that work to machines.
View More Bots replacing office workers drive big valuationsCorporate venture investment climbs higher throughout 2018
Many corporations are pinning their futures on their venture investment portfolios. If you can’t beat startups at the innovation game, go into business with them as financial partners.
Though many technology companies have robust venture investment initiatives—Alphabet’s venture funding universe and Intel Capital’s prolific approach to startup investment come to mind—other corporations are just now doubling down on venture investments.
View More Corporate venture investment climbs higher throughout 2018WeWork China rival Ucommune raises $43.5M more at a $1.8B valuation
Barely weeks after WeWork China raised $500 million, one of its main rivals is refueling its tanks too. Ucommune — the company formerly known as UrWork until a WeWork lawsuit forced a rebrand — announced its $43.5 million Series C round. Beijing-based Ucommune’s new round was led by real estate-focused investment firms Prosperity Holdings and RK […]
View More WeWork China rival Ucommune raises $43.5M more at a $1.8B valuationJuly sets a record for number of $100M+ venture capital rounds
In July 2018, the tech sector’s leisure class — venture capitalists — kicked investments into overdrive, at least when it comes to financing supergiant venture rounds of $100 million or more. With 55 deals accounting for just over $15 billion, July likely set an all-time record for the number of huge venture deals struck in a single month.
View More July sets a record for number of $100M+ venture capital roundsVCs like what they are hearing out of the podcasting sector
Podcasts are television for the earbud generation. And although many podcasters make money, typically through sponsorships, the podcasting industry (such as it is) hasn’t received much in the way of venture funding — until quite recently.
View More VCs like what they are hearing out of the podcasting sector