Tag: CFO
Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors
“I wanted to discuss this now so that you can see the future that we’re working towards and how our major initiative across the company are going to map to that,” Zuckerberg said on the call. “What is the metaverse? It’s a virtual environment where you can be present with…
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Kikoff raises $30M for its hybrid consumer-credit and financial-literacy service
Kikoff, a personal finance platform aimed at helping consumers build credit, announced today that it has raised $30 million in a Series B round. The capital is in addition to the $12.5 million the startup raised across previously unannounced seed and Series A rounds, which were both led by Lightspeed…
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Twitter teases its upcoming ‘premium’ service which it plans to release globally
Would you pay for an upgraded Twitter? That’s a question Twitter will soon answer when it rolls out a new subscription service that will present users with an expanded feature set available only to paid subscribers. This is a different offering than Twitter’s previously announced Super Follow subscription plans, which…
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Sorbet raises $6M Seed led by Viola Ventures to tackle the thorny financials of Paid Time Off
A US/Israeli startup, Sorbet — which is tackling what companies do with the financial risks as employees accrue Paid Time Off (PTO) — has raised $6 million in a Seed funding round led by Viola Ventures, with participation by Global Founders Capital, Meron Capital. The economics of Paid Time Off…
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Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist
Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing to $80 million. Existing backer Redpoint Ventures, which first put money in Olist in 2015, also participated in the…
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IoT satellite network startup Hiber secures €26M in funding round led by EU’s innovation agency
European satellite and communications startup, Hiber BV has secured €26 million in EU and private investment to expand its IoT satellite network. The funding comes from the European Innovation Council Fund (EIC Fund), the EU’s innovation agency, which has a €278 million Innovation Fund. The EIC co-invested with an innovation…
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