Tag: venture capital
Traditional VCs turn to emerging managers for deal flow and, in some cases, new partners
Nasir Qadree, a Washington-based investor who just raised $62.1 million for his debut venture fund, recently told us that as his fundraising gained momentum, he was approached by established firms that are looking to absorb new talent. He opted to go it alone, but he’s hardly alone in attracting interest.…
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Play2Pay raises $13M to convert mobile user engagement into bill payment
The gamification of payments is not a new concept. A number of companies are attempting to combine gamification and payments in creative ways. And today, one such company, Play2Pay, has raised $13 million in a Series A round of funding. The Fort Lauderdale, Florida-based startup has a straightforward mission. It…
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Dovetail, the venture studio that has worked with startups like Afterpay, is raising a new fund
Dovetail co-founders Ash Fogelberg and Nick Frandsen Based in Sydney and Auckland, Dovetail is a full-service venture studio that works closely with founders who have a great idea, but may lack technical backgrounds. Dovetail helps them build companies from the ground up, preparing them for growth and more funding. Founded…
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Beyond ‘Netflix Party’: startups and their VCs bet we’ll browse more of the web together
Last year, during the pandemic, a free browser extension called Netflix Party gained traction because it enabled people trapped in their homes to connect with far-flung friends and family by watching the same Netflix TV shows and movies simultaneously. It also enabled them to dish about the action in a…
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Cloud security platform Netskope boosts valuation to $7.5B following $300M raise
Netskope, focused on Secure Access Service Edge architecture, announced Friday a $300 million investment round on a post-money valuation of $7.5 billion. The oversubscribed insider investment was led by ICONIQ Growth, which was joined by other existing investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire…
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Extra Crunch roundup: NS1 EC-1, Pakistan’s tech ecosystem, SPACs bonanza
Did you see the viral videos of yesterday’s flooding in New York City subways? In one, riders waded through brown, waist-deep water; another video showed a cascade rushing down a flight of stairs to a subway platform where passengers waited for a train. Infrastructure doesn’t attract much attention until it…
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