Category: Funding
Inside the effort to turn startups into zebras, not unicorns
The priorities of venture capitalists don’t always align with those of startup founders and their workers. That’s why we’ve started to see more conversation and activity around cooperatives and the idea of Exiting to Community, spearheaded by Nathan Schneider, a professor of media studies at the University of Colorado, Boulder.…
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Netlify nabs $53M Series C as micro services approach to web development grows
Netlify, the startup that wants to kill the web server and change the way developers build websites, announced a $53 million Series C today. EQT Ventures Fund led the round with contributions from existing investors Andreessen Horowitz and Kleiner Perkins and newcomer Preston-Werner Ventures. Under the terms of the deal…
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Leap Finance raises $5.5M to democratize financing for foreign-bound Indian students
Tens of thousands of Indians move to the United States to pursue higher education each year. But like many others who have arrived from a foreign land, they can’t secure education loans or personal loans from the banks at interest rates on par with those levied on local students. The…
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Brooklinen raises $50M to open more stores and expand internationally
Brooklinen, a startup that sells bedding and other home goods online, has raised $50 million in new funding from growth equity firm Summit Partners. Recent headlines are spurring bigger questions about the direct-to-consumer retail business, with Blue Apron exploring a potential sale and Casper also disclosing disappointing growth and persistent…
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mParticle raises $45M to help marketers unify customer data
mParticle, which helps companies like Spotify, Paypal and Starbucks umanage their customer data, is announcing that it has raised $45 million in Series D funding. Co-founder and CEO Michael Katz told me that the company has benefited from broader shifts — like new privacy regulation and the shift away from…
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India’s Spinny raises $43.7M to expand its online platform for selling used cars
Spinny, an online platform for selling used cars, has secured $43.7 million from a cohort of influential investors in a new financing round as it looks to expand to more Indian cities. The Series B financing round for the Gurgaon-based startup was led by the Fundamentum Partnership, the growth-capital fund…
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