Tech Weekly Newsletter: August 28, 2016
Last week, today
- 8/19 – Everbridge, an emergency communication/notification provider, has filed for a $90M IPO after posting $58.7M in revenue (38% y/y) and a loss of $10.8M in 2015 (Bostinno)
- 8/19 – The SEC is investigating whether or not Silver Lake properly disclosed fees it earned when selling companies or taking them public (WSJ)
- 8/22 – Bloomberg has stats from Axiom Capital Management that seem to indicate that usage of Pokemon GO has peaked (Bloomberg)
- 8/22 – Kobe Bryant of the LA Lakers and Jeff Stibel of the D&B Credibility Corp have launched a $100M venture capital firm, because of course they did (WSJ $)
- 8/22 – Charlie O’Donnell has raised $15M for his second Brooklyn Bridge Ventures fund (Forbes)
- 8/22 – Media.net was acquired for $900M by a Chinese consortium in one of the largest deals in ad-tech history (TechCrunch)
- 8/22 – Microsoft is buying an AI scheduling start-up called Genee, shutting down the service and embedding the tech into its existing product (Re/Code)
- 8/23 – Bloomberg has the story on how HotelTonight* went from burning millions a month to profitable in a few months (Bloomberg)
- 8/23 – In preparation for an IPO next year, Spotify is looking to clean up its contracts with major record labels, which have been on month-to-month contracts at least in part of late (WSJ $)
- 8/23 – Chandar Pattabhiram has been promoted to SVP and CMO of Marketo to replace departed executive Sanjay Dholakia (Marketo)
- 8/23 – Informatica, which was taken private by Permira and Canada Pension Plan for $5.3B last year, said that it plans to double its valuation over the course of the next 5 years (Fortune)
- 8/23 – Pinterest bought Instapaper for an undisclosed amount (Business Insider)
- 8/23 – One Kings Lane sold for less than $30M after being valued at $900M and raising more than $100M according to people familiar with the matter (Re/Code)
- 8/23 – Tableau has appointed AWS executive, Adam Selipsky, as CEO. The stock was up 12% on the news (GeekWire)
- 8/23 – Austin-based S3 Ventures has raised $75M for a new fund to invest in mostly Texas-based start-ups (512 Tech)
- 8/24 – Forbes does a deep dive into Salesforce disclosing that its bundle of AI products will be called Salesforce Einstein that will be unveiled at Dreamforce and that RelateIQ CEO Steve Loughlin will be leaving to pursue opportunities in venture capital (Forbes)
- 8/24 – CRV did what YG did a few months ago and declared “F*ck Donald Trump” (TechCrunch)
- 8/25 – Apple is debuting a video viewing and editing app in a renewed push into social networking and sharing (Bloomberg)
- 8/25 – Atlassian now will let you hire freelancers directly from Jira (TechCrunch)
- 8/25 – Uber reportedly lost $1.2B in the first half of the year according to Bloomberg, including a loss in the US (Bloomberg)
- 8/25 – True Ventures closed its fifth $310, which is up from the $290M it raised in 2014 (TechCrunch)
- 8/25 – WhatsApp and Facebook are opening up the WhatsApp platform to sharing data to Facebook for increased ad targeting (Re/Code)
- 8/25 – SAP is close to acquiring Altiscale, which provides a cloud version of Hadoop and has raised $42M from the likes of Accel, General Catalyst and Sequoia, for $125M (VentureBeat)
- 8/25 – Google Fiber appears to be headed towards job cuts according to a Fortune article (Fortune)
- 8/26 – Rackspace is officially going private with a $4.3B acquisition by private equity firm Apollo (TechCrunch)
- 8/26 – TechCrunch is reporting that the company with the single worst name ever, mobile marketing attribution vendor, AppLovin, is in talks to be purchased for $1.5B by a Chinese buyer. TechCrunch also reported that the Company did $234M in revenue in 2015 and is profitable (TechCrunch)
- 8/26 – In an annoying move, Facebook removed the description for trending topics in an attempt to make the product more global and increase the ability for personalization (TechCrunch)
- 8/24 – Workday beats earnings, growing 37% y/y with the stock trading 5% (Seeking Alpha)
- 8/24 – HP Enterprise announced earnings and traded down 4.5% in afterhours (VentureBeat)
- 8/25 – Splunk traded down 6% despite better than expected earnings and increased guidance (Seeking Alpha)
- 8/23 – Quanergy Systems, a Sunnyvale, Calif.-based provider of solid state LiDAR sensors and smart sensing solutions, has raised $90 million at a valuation north of $1 billion. Backers include Sensata Technologies (NYSE: ST), Delphi Automotive (NYSE: DLPH), Samsung Ventures, Motus Ventures and GP Capital.
- 8/25 – ClearCare, a San Francisco-based software platform for home care agencies, has raised $60 million in growth equity funding led by Battery Ventures.
- 8/23 – LendUp, a San Francisco-based direct lender focused on non-prime borrowers, has raised $47.5 million in Series C funding. Y Combinator Continuity led the round.
- 8/22 – Virtru, a Washington, D.C.-based provider of encryption and data protection solutions, has raised $29 million in Series A funding. Bessemer Venture Partners led the round
- 8/24 – DroneDeploy, a San Francisco-based drone data management platform, has raised $20 million in Series B funding. Scale Venture Partners led the round.
- 8/25 – BlueTalon Inc., a Redwood City, Calif.-based provider of “data-centric security solutions,” has raised $16 million in Series A funding. Maverick Ventures led the round.
- 8/25 – Auth0, a Bellevue, Wash.-based universal identity platform, has raised $15 million in Series B funding. Trinity Ventures led the round.
- 8/26 – Songkick, a New York-based artist-ticketing and concert discovery platform, has raised $15 million in new VC funding from Access Industries.
- 8/23 – ThreatQuotient, a Reston, Va.-based provider of a threat intelligence platform, has raised $12 million in Series B funding. NEA led the round.
- 8/26 – Symphony Commerce, a San Francisco-based provider of commerce-as-a-service solutions, has raised $11 million in new VC funding. Backers include CRV, Blue Cloud Ventures, Bain Capital Ventures and FirstMark Capital.
- 8/23 – Logikcull, a San Francisco-based legal intellifence startup, has raised $10 million in new VC funding. OpenView Venture Partners led the round.
- 8/25 – SelfScore, a Palo Alto, Calif.-based startup that uses “data analytics and machine learning to measure credit potential,” has raised $7 million in new Series A funding. Pelion Venture Partners led the round.
- 8/23 – MediaBrix, a New York-based provider of contextual and “emotionally-targeted” mobile brand experiences, has raised $6.5 million in new funding from Edison Partners, Revel Partners and Horizon Technology Finance.
- 8/24 – Centricient, a Bozeman, Mon.-based provider of text messaging solutions for connecting companies with customers, has raised $6.5 million in new VC funding. Venrock led the round.
- 8/25 – Prenav, a San Carlos, Calif.-based navigation system for drones, has raised $6.5 million in seed funding. Crosslink Capital led the round.
- 8/24 – SigOpt, a San Francisco-based research optimization and machine learning startup, has raised $6 million in new VC funding led by return backer Andreessen Horowitz.
- 8/25 – SkyGiraffe, a San Mateo, Calif.-based enterprise mobility platform “that enables organizations to mobilize line-of-business systems,” has raised $6 million in new VC funding. SGVC led the round.
- 8/26 – Gobiquity, a Scottsdale, Ariz.-based provider of mobile vision screening technology, has raised $6 million in Series B funding led by InterWest Partners.
- 8/26 – Dice, a London-based ticketing startup that doesn’t use booking fees, has raised $6 million in Series A funding. Evolution Equity Partners led the round.
- 8/24 – Bitfinder, a Palo Alto, CA.-based maker of AWAIR, a product to improve indoor air quality, raised $4.5m in Series A funding led by Altos Ventures.
- 8/26 – Grabr, a San Francisco-based P2P delivery platform, has raised $3.5 million in VC funding from RBV Capital and N-Trans Group.
- 8/24 – Wooptix, a Spain-based developer of 3D imaging solutions for smartphones and other devices, has raised $3.3 million in Series A funding. Bullnet Capital and Intel Capital co-led the round.
- 8/25 – Navisens, a San Francisco-based developer of 3D location tracking solutions via smartphone sensors, has raised $2.6 million in seed funding. Resolute Ventures led the round.
- 8/24 – MeQ Inc. (d.b.a. Even), a San Francisco-based developer of personalized listening technology, has raised $2 million in Series A funding led by Firstime Venture Capital.
- 8/22 – InsiteVR, a provider of virtual reality-based modeling solutions for architects, has raised $1.5 million in seed funding. Backers include Y Combinator, CyberAgent Ventures, GREE VR Fund and individual angels.
- 8/23 – Journi, an Austria-based travel journal app, has raised €400,000 in seed funding from the Austrian Federal Promotional Bank.
- 8/23 – Cliqz, a German anti-tracking browser, has raised an undisclosed amount of equity funding from Mozilla.
- 8/26 – Salesfloor, a Montreal-based provider of online sales management, has raised an undisclosed amount of Series A funding led by White Star Capital.
Random, long reads
I’m behind on a bunch of other things unfortunately today, so I’m going to let the articles write the intros for themselves by using the leads
The Uber Killer: The Real Story of One Night of Terror (GQ) – On a Saturday evening in February, a 45-year-old Uber driver and father of two named Jason Dalton got into his car, left his home near Kalamazoo, Michigan, and began shooting people. But the strangest, most unfathomable thing about the night that Dalton killed and killed again is what he did in between.
Urban Outfitters Bares All (Philly Mag) – We venture inside the secretive $3.4 billion empire as it reaches a crucial crossroad.
The Mask of Deception: The Ultimate Test to My Recovery From Porn Addiction (Long Reads) – Novelist Benjamin Obler was feeling secure in his recovery from porn addiction. Then along came Franny, to test it.