Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had the Three Excellent Friends (Connie Loizos, Danny Chrichton, and Alex Wilhelm) on hand to kick things about with Scale Venture Partner’s own Rory O’Driscoll. As I’ve written the last few weeks, what a pile […]
View More Twilio shops, Uber and Lyft IPO scuttlebutt, and Instacart raises $600MCategory: Exit
Magic Leap buys mesh-computing startup Computes
Magic Leap has announced they are acquiring Computes, a decentralized mesh computing startup. Terms of the deal weren’t disclosed. From Magic Leap’s blog post: From the beginning, Chris Matthieu and Jade Meskill started Computes, Inc. based on the principle of enabling the next generation of computing. We believe Magic Leap is the perfect home to […]
View More Magic Leap buys mesh-computing startup ComputesPalo Alto Networks to acquire RedLock for $173 M to beef up cloud security
Palo Alto Networks launched in 2005 in the age of firewalls. As we all know by now, the enterprise expanded beyond the cozy confines of a firewall long ago and vendors like Palo Alto have moved to securing data in the cloud now too. To that end, the company announced its intent to pay $173 […]
View More Palo Alto Networks to acquire RedLock for $173 M to beef up cloud securityChina’s secret startup advantage: liquidity
This year’s rush of IPOs from Chinese tech companies has dominated headlines, but what’s more interesting is how quickly they got there. Traditionally, “going public” represented the gratifying culmination of sleepless nights and missed birthdays that went into building a company. The peak of a lengthy climb, where founders and VCs would finally see the […]
View More China’s secret startup advantage: liquidityCluep, a Canadian startup that raised just $500k, acquired for $40M
Everyone loves a tale of a bootstrapped startup founder’s journey to an eight-figure exit. The team at Toronto-based Cluep have a good one. The founders of the adtech startup raised less than $500,000 from angel investors before selling their company to Impact Group for $40 million ($53 milllion CAD) this week. Founded in 2012, Karan Walia, Sobi Walia […]
View More Cluep, a Canadian startup that raised just $500k, acquired for $40MMariaDB acquires Clusterix
MariaDB, the company behind the eponymous MySQL drop-in replacement database, today announced that it has acquired Clusterix, which itself is a MySQL drop-in replacement database, but with a focus on scalability. MariaDB will integrate Clusterix’s technology into its own database, which will allow it to offer its users a more scalable database service in the long […]
View More MariaDB acquires ClusterixCrypto’s second bubble, Juul has 60 days and three Chinese IPOs
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. After a long run of having guests climb aboard each week, we took a pause on that front, bringing together three of our regular hosts instead: Connie Loizos, Danny Chrichton, and myself. Despite the fact that there were […]
View More Crypto’s second bubble, Juul has 60 days and three Chinese IPOsMicrosoft acquires Lobe, a drag-and-drop AI tool
Microsoft today announced that is has acquired Lobe, a startup that lets you build machine learning models with the help of a simple drag-and-drop interface. Microsoft plans to use Lobe, which only launched into beta earlier this year, to build upon its own efforts to make building AI models easier, though, for the time being, […]
View More Microsoft acquires Lobe, a drag-and-drop AI toolGlobal M&A activity is flat so far in 2018
U.S. tech companies continue to be the most active acquirers in the world, says a new report from Crunchbase and Mind the Bridge. The pair crunched data on 22,000 startup exits since 2010, recording about 4,200 so far this year. U.S. companies, though less active this year than last, have acquired approximately 2x more startups than […]
View More Global M&A activity is flat so far in 2018The ambitious real estate ‘unicorn’ Opendoor just made its first acquisition, snapping up Open Listings
Opendoor, a four year-old, San Francisco-based company, has from the outset intended to make it possible to buy and sell residential real estate with a few key strokes. It seemingly gets closer to that audacious vision by the day. The company closed on $325 million in new funding in June in a round that brought […]
View More The ambitious real estate ‘unicorn’ Opendoor just made its first acquisition, snapping up Open ListingsRobinhood aims at IPO as the fintech startup seeks CFO
Now valued at $5.6 billion, zero-fee stock trading app and cryptocurrency exchange Robinhood is starting preparations to go public. Just a year and a half ago, it was still largely under the radar. But then it raised a $110 million Series C at a $1.3 billion valuation in April 2017 and then just a year […]
View More Robinhood aims at IPO as the fintech startup seeks CFOMunich Re buys IoT middleware startup, relayr, in deal worth $300M
Berlin based Internet of Things (IoT) startup relayr, whose middleware platform is geared towards helping industrial companies unlock data insights from their existing machinery and production line kit by linking Internet connected sensors and edge devices to platform controls, has been acquired by insurance group Munich Re in a deal which values the company at […]
View More Munich Re buys IoT middleware startup, relayr, in deal worth $300M