Tag: Fundings & Exits
What’s up with tiny checks at giant valuations?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Are you a regular Equity listener? Take our survey here! We talk about it on the show, and it’s embedded below in case you don’t want to click a link. From home once…
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DigitalOcean raises $50M more from Access Industries and a16z
Earlier today, DigitalOcean announced that it raised $50 million more from prior investors Access Industries and Andreessen Horowitz. The capital comes after the SMB and developer-focused cloud infrastructure company raised nine-figures worth of debt back in February. DigitalOcean is a large private company that generated revenue at a run rate…
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Cathay Innovation raises $550M for its second global VC fund
With the global economy still sorting itself out in the face of the pandemic, we’re hearing about fewer new venture capital funds these days. However, today is an exception, as Cathay Innovation has raised a $550 million second fund, which is about double the size of its first fund and,…
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Venafi acquires Jetpack, the startup behind the cert-manager Kubernetes certificate controller
It seems that we are in the middle of a mini acquisition spree for Kubernetes startups, specifically those that can help with Kubernetes security. In the latest development, Venafi, a vendor of certificate and key management for machine-to-machine connections, is acquiring Jetstack, a UK startup that helps enterprises migrate and work…
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Kustomer acquires Reply.ai to enhance chatbots on its CRM platform
Last December, when CRM startup Kustomer was announcing its latest round of funding — a $60 million round led by Coatue — its co-founder and CEO Brad Birnbaum said it would use some of the money to build more RPA-style automations into its platform to expand KustomerIQ, its AI-based product that…
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Philippines-based home services platform GoodWork gets $1.6 million to expand in Southeast Asia
GoodWork, a Philippines-based booking platform for home services, has raised a $1.6 million seed round it will use to expand into new Southeast Asian markets. The funding was led by Chaac Ventures, a firm that backs Princeton alumni (GoodWork co-founder and CEO Andrew Koger earned his bachelor of arts at…
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