Fundings

Bugcrowd bug bounty platform gets big boost with $26 million Series C investment

Bugcrowd and HackerOne both launched in 2012 and both companies are competing in the growing bug bounty market to pay a network of white hat hackers to bang on client software to find vulnerabilities. Today, Bugcrowd announced a $26 million Series C jolt led by Triangle Peak Partners. Bugcrowd is built on the premise that it’s better to …

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Virtualitics grabs another $7M in funding to drive its VR data visualization platform

After raising $4.4 million last March, Virtualitics has closed a $7 million Series B round led by Centricus with participation from The VR Fund. The startup is building a sort of “Excel for VR,” that lets people see data in a more immersive and collaborative way. “[B]usiness intelligence platforms need to be 3D and collaborative by …

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Here’s what Spotify shares will be worth when they start trading

Spotify has finally filed to go public. But unlike most tech offerings, Spotify won’t be raising any money by issuing new shares. Instead they’ll just allow existing shares owned by investors and employees to be traded publicly on the New York Stock Exchange. No IPO means there are no investment banks to underwrite and price …

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Collective Health nabs $110 million in funding

Enterprise health management startup Collective Health has added another $110 million to the coffers from existing high-profile investors such as Founders Fund and Alphabet’s investment arm GV, bringing the total now raised to a cool $230 million. The structure is partially a follow-on from a previously unannounced C-1 for $30 million and another $80 million in Series …

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eBay boosts its Japanese business with an acquisition

eBay is ramping up its presence in Japan via its latest investment in Asia. The U.S. online retail giant announced today that it has acquired the Japan-based business of pan-Asia e-commerce company Giosis, which is called Qoo10.jp, in an undisclosed deal. eBay originally set up Singapore-based Giosis in 2010 alongside Korea’s Gmarket, and as part of …

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Kindred Capital, an £80M seed VC firm in London, is giving founders it backs a share of fund profits

Kindred Capital, a London-based VC firm that has actually been up and running since 2015, is announcing that it has closed its first seed fund of £80 million, money it has already been deploying in around 20 tech startups throughout Europe over the last two years. Portfolio companies include FiveAI, which is building a software …

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Industrious picks up $80M to outclass WeWork for the enterprise

Industrious, the WeWork competitor that launched in 2013, is today announcing the close of an $80 million Series C funding round. The financing was co-led by Riverwood Capital and Fifth Wall Ventures. Industrious thinks of itself as a more premium version of WeWork, offering coworking space and workplace services to some 35 locations across 25 …

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