Fundings and Exits

Wonderschool, a network of in-home daycare and preschools, plans to open 150 programs in New York City after raising $2.1 million in new funding. The capital comes from non-profit investment firm Omidyar Network, Be Curious Partners, Rethink Education, Edelweiss Partners and Learn Capital and brings the startup’s total raised so far to more than $4
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Attic Labs, the creator of Noms, an open-source decentralized database, announced today that is being acquired by Salesforce. Terms of the deal, Salesforce’s first acquisition of 2018, were undisclosed. Last year, the company only bought digital creative agency Sequence, according to Crunchbase, taking a break from an acquisition spree in 2016 when it snapped up
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SolarWinds, the company behind services like Pingdom, Papertrail and AppOptics, today announced that it has acquired the cloud-based log-monitoring and analytics service Loggly. The two companies did not disclose the price of the acquisition, but Loggly, which was founded in 2009, had raised about $47 million over the years, including an $11.5 million Series D
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Citiesocial, a Taipei-based startup that helps emerging brands break into Asia’s e-commerce market, has raised $2.75 million led by Alibaba Taiwan Entrepreneurs Fund, a non-profit backed by Alibaba Group to support local startups. CDIB Capital and returning investor Cherubic Ventures also participated. The capital will be used to expand citiesocial into China, South Korea and
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Verizon (which owns this publication) announced today that it has acquired Niddel, a startup that bills itself as an autonomous threat detection service. The acquisition price was not disclosed. Niddel’s primary product, Niddel Magnet is a subscription service that uses machine learning to locate infected or compromised machines inside an organization. It works completely autonomously
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This episode, the first of 2018, saw our own Katie Roof and your humble servant (Alex) joined by Atish Davda, CEO and founder of EquityZen. Matthew Lynley is off this week. (Davda’s firm put together a landing page for Equity,
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Healthcare in America is a mess with no quick solutions and many people aren’t getting the help they need. Created to bridge mental and physical healthcare, New York City-based Quartet Health wants to make life better for patients with a platform that allows providers to collaborate on treatment plans. Currently available in six U.S. markets,
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The retail industry is one that’s ripe for disruption by technology. Under intense pressure from giants like Amazon and Walmart, retailers are often stuck using legacy systems and are ill equipped to compete using the latest tools. Rubikloud announced a $37 million investment today to help retailers attack the modernization problem with cloud tools built
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Spotify has filed confidentially to go public, sources told Dan Primack at Axios. He learned that the music streaming company filed with the SEC at the end of December. The timing is consistent with what we are hearing. Sources told us that they’ve been targeting a debut for the first quarter of this year. We’ve gotten hints
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The proposed acquisition of global payment service MoneyGram by Alibaba’s Ant Financial is off after the U.S. government blocked the $1.2 billion deal. Ant Financial, the Alibaba affiliate which controls Alipay — China’s top mobile wallet — and other financial services, announced a deal to buy Nasdaq-listed MoneyGram in April 2017 after it beat off a rival
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week the crew — Katie Roof, Matthew Lynley, Alex Wilhelm — were joined by Barrett Daniels, the CEO of Nextstep Advisory, an IPO shop that helps companies go public. Guess what we talked about? Yes, we went back through the biggest
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Theranos has secured $100 million in debt financing. Yes, someone gave the blood testing company known for handing out questionable test results money. First reported by Business Insider, the company reportedly told investors it had secured the money from Fortress Investment Group, a New York-based private equity firm that was acquired by Softbank earlier this year.
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Inside baseball klaxon: media writing about media story incoming:: Mumbrella, the Australia-based media company, has been sold by its founders to U.S./APAC events company Diversified Communications. Mumbrella operates media and marketing industry-focused websites for Australia and Asia, an events business and a database service called The Source. It has 33 staff across four offices. The company started out
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China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new initiatives including international expansion. The company has already raised $13 billion from investors that include Alibaba, Tencent and Apple, and it said that this newest round will go towards developing
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Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally as cities and
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Convercent, a company that provides ethics and compliance software to businesses, today announced that it has raised a $25 million funding round led by Rho Ventures. Additional investors include Sapphire Ventures and Tola Capital. The idea behind Convercent is to give businesses the tools to, in MBA-speak, “operationalize ethics.” In practice, this means that the
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Dgraph is an increasingly popular open-source distributed graph database that uses a version of Facebook’s GraphQL as its default query language. Today, the company announced that it has raised $3 million in funding from Bain Capital Ventures, Atlassian co-founder Mike Cannon-Brookes, Blackbird Ventures and AirTree (this includes a $1.1 million seed round the company raised last year). The
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AxleHire, a last-mile logistics startup that facilitates deliveries for companies like HelloFresh, Freshly, Sun Basket, La Boulangerie and others, has raised $4.3 million from Acorn Pacific, RGA Ventures and others. AxleHire, which started back in 2015, is doing more than 150,000 shipments per month and bringing in $750,000 in monthly revenues. By April, AxleHire expects
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