Category: sequoia capital
Sequoia’s Roelof Botha is more optimistic about startups today than he was a year ago
“I just think change unfairly favors the startup, the nimble small company,” says Roelof Botha. The Sequoia partner, whose portfolio includes Unity, 23andMe, Instagram, Instacart, Xoom and YouTube, says he’s hopeful about the opportunities this pandemic has created for companies across a variety of sectors, including healthcare, cloud computing, social…
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VC’s largest funds make big bets on vertical B2B marketplaces
During the waning days of the first dot-com boom, some of the biggest names in venture capital invested in marketplaces and directories whose sole function was to consolidate information and foster transparency in industries that had remained opaque for decades. The thesis was that thousands of small businesses were making…
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Runa Capital closes Fund III at $157M, with an added focus on Quantum computing
VC fund Runa Capital was launched with $135M in 2010 and is perhaps best known for its investment into NGINX which powers many web sites today. In more recent years it’s participated or led investments into startups such as Zipdrug ($10.8M); Rollbar this year ($11M); and Monedo (for €20M). HQ’d…
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Robinhood raises $280M, pushing its valuation to $8.3B
As expected, Robinhood has closed a new round of capital. The late-stage, consumer investing app announced today that it has closed a $280 million Series F funding at an $8.3 billion valuation. This closely tracks prior coverage that the firm was hunting for a nine-figure round at a valuation of…
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Classplus raises $9M to grow its Shopify-like platform for teachers and coaching centers in India
An India-based startup that has built a Shopify -like platform for coaching centers to accept fees digitally from students, and deliver classes and study material online has received the nod — and capital — from a number of high-profile investors. The business-to-business startup, called Classplus, said on Monday that it…
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Indian education startup Byju’s is fundraising at a $10B valuation
Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million at a $10 billion valuation, said three people familiar with the matter. The additional capital would be part…
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