Tag: Sequoia

China Roundup: Enterprise tech gets a lasting boost from coronavirus outbreak

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, a post from Sequoia Capital sounding the alarm of the coronavirus’s impact on businesses is reaching far corners of…

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VCs to antitrust officials: We’d rather take our chances than see tech regulated

Last week at Stanford, antitrust officials from the U.S. Department of Justice organized a day-long conference that engaged numerous venture capitalists in conversations about big tech. The DOJ wanted to hear from VCs about whether they believe there’s still an opportunity for startups to flourish alongside the likes of Facebook…

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Payments infra startup Finix closes $35M Series B led by Sequoia

This morning Finix, a software-as-a-service (SaaS) startup selling payments tech to other businesses, announced that it has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital. Finix did not disclose a new valuation as part of its…

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KPCB has already blown through much of the $600 million it raised last year

Kleiner Perkins, one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. The firm, which underwent a significant restructuring over the…

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Two Sigma Ventures raises $288M, complementing its $60B hedge fund parent

Eight years ago, Two Sigma Investments began an experiment in early stage investing. The hedge fund, focused on data-driven quantitative investing, was well on its way to amassing the $60 billion in assets under management that it currently holds, but wanted more exposure to early stage technology companies, so it…

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Capella Space reveals new satellite design for real-time control of high-resolution Earth imaging

Satellite and Earth observation startup Capella Space has unveiled a new design for its satellite technology, which improves upon its existing testbed hardware platform to deliver high-resolution imaging capable of providing detail at under 0.5 meters (1.6 feet). Its new satellite, cod-named “Sequoia,” will also be able to provide real-time…

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