Tag: Fundings & Exits

Impala raises $20 million to build the API of the hotel industry

Impala has raised another round of funding just a few months after raising an $11 million Series A round. This time, the startup is raising a $20 million Series B round led by Lakestar. Latitude Ventures is also participating in the round. The company is building a service that works…

Read More

What happened to Slack today

You’ve been busy. I’ve been busy. But people are talking about Slack all over Twitter, so let me catch us both up. All the ruckus concerning Slack and its publicly traded stock appeared to kick off with a Business Insider story, which had the following headline: Slack just scored its…

Read More

SaaS kicks off 2020 with an extra billion in VC funding as round count halves

More capital and fewer deals means larger venture-backed investments Alex Wilhelm 8 hours The venture capital world is investing more capital into software-as-a-service companies (SaaS), despite cutting the number of deals it executes within the startup category, according to Crunchbase data. The results echo other venture data we’ve explored recently,…

Read More

SoftBank-backed Brandless shuts its doors for good

It was a roller coaster ride — a short one. Brandless, a San Francisco-based e-commerce company that made and sold an assortment of “cruelty-free” products in beauty and personal care, household, baby and pet categories has shut its doors less than three years after officially opening them in July 2017.…

Read More

Facebook quietly acquired another UK AI startup and almost no one noticed

Over the last few years, Facebook has been busy building out AI capabilities in areas like computer vision, natural language processing (NLP) and ‘deep learning,’ in part by acquiring promising startups in the space. Understandably, this has seen the U.S. social networking giant look to the U.K. for AI talent,…

Read More

Starling Bank raises another £60M from existing backers

Starling Bank, the U.K.-based challenger bank founded by banking veteran Anne Boden, has raised another £60 million from its existing investors, Merian Global Investors and Harry McPike’s JTC. The investment brings the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led…

Read More