Menlo, Benchmark, First Round sold Uber stakes worth hundreds of millions

Uber finally got its secondary transaction done with SoftBank buying billions of shares last month. Now reports are starting to come out about who sold what. It was already known that major shareholder Menlo Ventures was looking to sell shares, but we’re  hearing confirmation that it wagered the majority of its holdings and successfully sold close… Continue reading Menlo, Benchmark, First Round sold Uber stakes worth hundreds of millions

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Verizon acquires autonomous threat detection startup Niddel

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… Continue reading Verizon acquires autonomous threat detection startup Niddel

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Equity podcast: Spotify’s impending debut, Uber’s done deal, and Nasdaq 7,000

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,… Continue reading Equity podcast: Spotify’s impending debut, Uber’s done deal, and Nasdaq 7,000

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Chinese game streaming platform Chushou raises Series D, adds Google as investor

Google has added Chinese mobile game livestreaming platform Chushou to its list of investments in Asia. The Beijing-based startup announced today that it has closed a Series D round, which Google joined as a new investor, that brings its total funding so far to over $120 million. Chushou’s previous investors Qiming Venture, Shunwei Capital and… Continue reading Chinese game streaming platform Chushou raises Series D, adds Google as investor

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Mapbox adds makes another acquisition to bolster its navigation toolkits

Mapbox, the Softbank-backed developer of mapping applications that competes with Google Maps TomTom and Here, has acquired the intellectual property and developers behind MapZen’s Valhalla project in a bid to strengthen its navigation toolkits. The acquisition, made as Mapzen was winding down, brings the Valhalla development team in-house for a bargain price that Mapbox chief… Continue reading Mapbox adds makes another acquisition to bolster its navigation toolkits

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Wealthfront raises $75 million to help Millennials invest

Millennials take a different approach to investing than previous generations. Only one in three are buying stocks.  And some are turning to software, rather than humans, for advice on financial planning. For the past ten years, Wealthfront has been building out a platform that it hopes will appeal to the next class of wealth creators. Instead… Continue reading Wealthfront raises $75 million to help Millennials invest

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Quartet raises $40M Series C to help healthcare providers collaborate on patient care

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,… Continue reading Quartet raises $40M Series C to help healthcare providers collaborate on patient care

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WP Engine, a managed WordPress platform, raises $250M from Silver Lake

While apps continue to grow in popularity as a primary route for people to interface with the digital world, there remains a very significant role for the web, and today, a startup that helps businesses build and run websites, specifically on WordPress, has raised a very large round of money. WP Engine, which claims to… Continue reading WP Engine, a managed WordPress platform, raises $250M from Silver Lake

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MoneyLion raises $42M to grow its personal finance platform for the middle class

MoneyLion, the part lending, part savings and part wealth management app targeted at the financial middle class has raised $42M in Series B funding.This brings total equity funding to $67M since being founded in 2013. The startup provides an all-in-one platform for anything finance related. A user connects their bank accounts and credit cards and… Continue reading MoneyLion raises $42M to grow its personal finance platform for the middle class

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Malaysia’s Dahmakan chows down $2.6M for its end-to-end food delivery service

Dahmakan, a food delivery startup from Malaysia that graduated Y Combinator last year, has raised $2.6 million as it begins to explore the potential to expand its business across Southeast Asia. The startup distinguishes itself from the likes of FoodPanda and Deliveroo with an “end-to-end” approach to food, that’s to say that it cooks all… Continue reading Malaysia’s Dahmakan chows down $2.6M for its end-to-end food delivery service

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