Category: TC
Tumblr’s parent company is buying popular podcast app Pocket Casts
Pocket Casts will soon have a new home. Automattic, the parent company of Tumblr and WordPress.com, is buying the podcast app from a collective of public radio groups, including NPR and BBC Studios. Automattic didn’t disclose how much it will pay for Pocket Casts. Co-founders Russell Ivanovic and Philip Simpson…
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Crypto investors like Terraform Labs so much, they’re committing $150 million to its ‘ecosystem’
There are many blockchain platforms competing for investors’ and developers’ attention right now, from the big daddy of them all, Ethereum, to so-called “Ethereum Killers” like Solana, which we wrote about in May. Often, these technologies are seen as so promising that investors are willing to fund not only the…
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Construct Capital’s Dayna Grayson will be a Startup Battlefield Judge at Disrupt 2021
Dayna Grayson has been in venture capital for more than a decade and was one of the first VCs to build a portfolio around the transformation of industrial sectors of our economy. At NEA, where she was a partner for eight years, she led investments in and sat on the…
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Intel rumored to be in talks to buy chip manufacturer GlobalFoundries for $30B
When it comes to M&A in the chip world, the numbers are never small. In 2020, four deals involving chip companies totaled $106 billion led by NVidia snagging ARM for $40 billion. One surprise from last year’s chip-laced M&A frenzy was Intel remaining on the sidelines. That would change if…
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Nym gets $6M for its anonymous overlay mixnet to sell privacy as a service
Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5M seed round in 2019. The founders also took in grant money from the European Union’s Horizon 2020 research fund during an earlier R&D phase developing the…
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Traditional VCs turn to emerging managers for deal flow and, in some cases, new partners
Nasir Qadree, a Washington-based investor who just raised $62.1 million for his debut venture fund, recently told us that as his fundraising gained momentum, he was approached by established firms that are looking to absorb new talent. He opted to go it alone, but he’s hardly alone in attracting interest.…
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