CEO Evan Spiegel and co-founder and CTO Bobby Murphy will control 74% after it goes public. For comparison purposes, after their IPOs, Google’s Page and Brin controlled 41% of the company, while Zuck controlled 56% […]
With more than 5 percent of America’s listings already on the site, the startup is raising $30 million in a round led by Canaan Partners to take the business to the next level. It’s been […]
Wish, the maker of the No. 2 shopping app of the same name, is raising a new investment of around $500 million, according to multiple sources familiar with the deal. The round is valuing the […]
TrendKite announced today that it has raised $16.3 million in Series D funding. The company says it helps businesses understand the impact of their news coverage and public relations strategy — like which articles are driving […]
Alphabet Inc’s venture capital arm CapitalG, earlier known as Google Capital, disclosed an investment in Snapchat by adding the social networking firm’s logo to a page on its investment portfolio website. CapitalG has not made […]
The German peer-to-peer payments startup Cookies is filing for bankruptcy, and the trouble appears to be connected to funding issues as well as internal strife, writes Romain Dillet. The company’s plight is a reminder to […]
E-commerce company Etsy today disclosed in a filing that it spent $32.5 million to acquire Blackbird Technologies, a startup that had developed artificial intelligence (AI) software that could be used for various search applications in […]
BuzzFeed’s global operations are successful because the brand works to capitalize on different cultural markets and present content in multiple languages. International teams use bots to keep each other informed about the latest news and […]
For companies launched after 2012, raising larger seed rounds is correlated with higher chances of raising Series A financing, data show. In the current era of startup funding, “burn rates are high, startups are raising […]
Slack’s growth has slowed over the past five months to about half what it had been but still was about 33% in the latest period. Daily active users total 4 million, and paid users are […]
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