In late November, the Wall Street Journal broke the news that Stripe, a San Francisco payments processing startup, had raised $150 million. A deal co-led by General Catalyst Partners and CapitalG (formerly Google Capital). The startup […]
Careem is one of ride-hailing Uber’s lower profile rivals in emerging markets. It has taken a step into the global limelight today after it announced that it has raised $350 million. The round was led by Japanese […]
SoftBank Group Corp has agreed to invest $1 billion in U.S. satellite venture OneWeb Ltd. The investment is part of a $1.2 billion fundraising by OneWeb, which is seeking to provide affordable internet access to […]
Private jet startup JetSmarter, said Monday it had raised $105 million in financing. The investors include the Saudi Royal Family and rapper and businessman Jay Z. JetSmarter raised the fresh funding at a $1.5 billion […]
Symphony is a secure financial messaging service backed and used by 14 of the biggest banks on Wall Street. It is raising up to $200 million in a new round of funding with a pre-money valuation over $1 […]
GitHub has been a hit with developers and investors, but the company lost $66 million in the first three quarters of the year, according to an income statement. The company says it has 18 million […]
Procore Technologies has reached unicorn status after raising another $50 million. The company is now valued at more than $1 billion, more than double its $500 million valuation a year ago. Carpinteria, California-based Procore provides cloud-based […]
Delivery Hero Holding GmbH is acquiring Foodpanda, bringing together two top food delivery startups based in Germany. Rocket Internet SE, a backer of both companies, said the combined business will process more than 20 million […]
Uber is seeking to make its most recently added features simpler and easier to use with an app redesign that will also gather consumer data for added utility, if users opt in. The data harvesting […]
Grab, the biggest rival to ride-sharing service Uber Technologies Inc [UBER.UL] in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the U.S. firm now seeking to expand in […]
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