Tag: TCV
Indian fantasy sports app Dream11’s parent firm raises $400 million
Dream Sports, the parent firm of fantasy sports app Dream11, has secured $400 million in a new financing round as the Mumbai-headquartered firm builds what it calls an “end-to-end sports tech company” in the cricket-loving nation, which is also the world’s second largest internet market. The secondary fundraise was led…
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Why calendar invites are worth $3B
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace hopped online for our weekly show, sans Gamestop news (which you can find here) to talk about all the other busy news happening in startup world right now. Here’s a taste of…
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OneTrust nabs $300M Series C on $5.1B valuation to expand privacy platform
OneTrust, the 4-year old privacy platform startup from the folks who brought you AirWatch (which was acquired by VMWare for $1.5B in 2014), announced a $300 million Series C on an impressive $5.1 billion valuation today. The company has attracted considerable attention from investors in a remarkably short time. It…
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Restaurant management platform Toast cuts 50% of staff
Last valued at $5 billion, restaurant management platform Toast has joined the sweep of startups laying off employees due to the economic impact of the COVID-19 pandemic. Toast reduced the size of its staff by 50% through layoffs and furloughs, according to a blog post from Toast’s CEO, Chris Comparato.…
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Revolut raises $500 million at $5.5 billion valuation
Fintech startup Revolut is raising a large Series D round of funding. TCV is leading the $500 million round, valuing the company at $5.5 billion. Over the past few years, Revolut has raised $836 million in total. Some existing investors are also participating in today’s funding round, but Revolut isn’t…
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