Private equity giant Thoma Bravo has agreed to buy Barracuda Networks in a take-private deal valued at $1.6 billion. The company was offered $27.55 per share, about 16% above Friday’s close. This is above Barracuda’s 52-week high, but it’s down from the over $40 share the stock was trading at in 2015. Barracuda went public in 2013. Campbell, California-based Barracuda,… Read More
Category: Private Equity
Do VC woes extend to portfolio companies? For Rothenberg, probably not
As VC brands go, Rothenberg Ventures has seen better days. The firm built up a reputation as an up-and-coming early-stage investor. But Silicon Valley soured on Rothenberg Ventures last year; lawsuits ensued. So it hasn’t been a good year for Mike Rothenberg. But what about the Rothenberg Ventures portfolio? Read More
Where and why venture capitalists invest close to home
Public market investors have the luxury of being able to make, invest and move their money anywhere they’d like. But the same isn’t true for startup investors, who, if conventional wisdom is to be believed, tend to invest relatively close to home. Read More
Two compliance companies merge to build a $100M firm
Once upon a time there were two compliance companies. Smarsh was owned by Los Angeles-based private equity firm, K1 Investment Management. It worked with mostly SMBs. Another called Actiance worked with larger companies like the world’s biggest banks. This is the story of how K1 is bringing these two companies together.
Both companies are focused on archiving and compliance around… Read More
Hear from leading venture capitalists at Disrupt Berlin
TechCrunch Disrupt is returning to Berlin this December, and among the founders and developers speaking, we’re pleased to have leading venture capitalists on stage to talk about fundraising, entrepreneurship and the trends they’re looking to fund. The show is jam-packed, and just like every Disrupt, the focus is on startups and the bleeding edge of technology. Fifteen startups… Read More
Neos launches IoT-powered home insurance UK-wide
What do you get if you combine the Internet of Things with the business of home insurance? U.K. startup Neos is hoping the answer is damage and/or theft prevention rather than just after-the-unfortunate-fact payouts. Read More
View More Neos launches IoT-powered home insurance UK-wideQuantifying the driverless startup boom
For driverless car startups, raising capital seems to happen on autopilot. Investors and acquirers have put billions into the space over the past couple of years in the race for early-mover advantage. They’ve shown no desire to hit the brakes lately either, as indicated by a spate of recent deals. Read More
Quantifying the driverless startup boom
For driverless car startups, raising capital seems to happen on autopilot. Investors and acquirers have put billions into the space over the past couple of years in the race for early-mover advantage. They’ve shown no desire to hit the brakes lately either, as indicated by a spate of recent deals. Read More
Evolve Foundation launches a $100 million fund to find startups working to relieve human suffering
It seems there’s nothing but bad news out there lately, but here’s some good news — the nonprofit Evolve Foundation has raised $100 million for a new fund called the Conscious Accelerator to combat loneliness, purposelessness, fear and anger spreading throughout the world though technology. Read More