consumer internet

Cymulate snaps up $70M to help cybersecurity teams stress test their networks with attack simulations

The cost of cybercrime has been growing at an alarming rate of 15% per year, projected to reach $10.5 trillion by 2025. To cope with the challenges that this poses, organizations are turning to a grow

How to Raise First Dollars in a Difficult Market: The Venture Perspective

Raising venture capital is rarely an easy lift for startups, but 2022 is turning out to be a more challenging year than we’ve seen for some time. As venture capital continues its slowdown after an a

Mavrck raises $135M, buys Linkin.bio maker Later in creator and influencer marketing consolidation

Some believe that online marketing and advertising, as we largely think of them today, are dying a slow death and is getting replaced by something else: the rise of the influencer/creator. Today, one

Tiger Global is earning its stripes in Africa

You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year,

a16z, Avenir and Google back South African mobile games publisher Carry1st in $20M round

Carry1st, a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z). This is a16z’s first investm

VCs are racing to pay more to get smaller pieces of less profitable companies

While perusing SVB's State of the Market" report, we found an interesting pattern: Venture capital investors are racing to pay more to buy smaller pieces of startups that are less profitable than befo

Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A

Africa is the last frontier for basically anything. Mobile gaming is no exception. For a continent that is home to more than 1 billion millennials and Gen Zers, mobile gaming has never really picked u

Ex-General Catalyst and General Atlantic VC announces $68M debut fund

As of 2019, the majority of venture firms — 65% — still did not have a single female partner or GP at their firm, according to All Raise. So naturally, anytime we hear of a new female-led fund, ou

End-to-end operators are the next generation of consumer business

These businesses are fundamentally reimagining their product experience by owning the entire value chain from end to end, thereby creating a step-functionally better experience for consumers.

CRV’s Saar Gur wants to invest in a new wave of games built for VR, Twitch and Zoom

Saar Gur is adept at identifying the next big consumer trends earlier than most: The San Francisco-based general partner at CRV has led investments into leading consumer internet companies like Nianti

Meet the first wave of speakers & enter your startup for The Europas Awards, 25 June

Excitement for The Europas Awards for European Tech Startups is heating up. Here is the first wave of speakers and judges — with more coming! The Awards — which have been running for over 10 y

After closing its $2.2 billion latest tech fund, KKR adds top Cisco exec to its leadership team

KKR, the multibillion-dollar multistrategy investment firm, is beefing up its technology practice with the appointment of Rob Salvagno as a co-head of its technology growth equity business in the U.S.

Opera’s Africa fintech startup OPay gains $120M from Chinese investors

Africa-focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to sc

Consumer internet companies are easy to understand, but hard to create

Atari founder Nolan Bushnell once said that the best video games are easy to learn and nearly impossible to master. A related concept holds for building foundational consumer internet companies.

A new era for enterprise IT

Amidst the newly minted scooter unicorns, ebbs and flows of bitcoin investments and wagers on the price of Uber's IPO, another trend has shaken up the tech industry: enterprise software successes.

Unpacking Pinterest’s IPO expectations

What it means to be an 'undercorn' and should we care?

Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

In this week's startups newsletter: Y Combinator president Sam Altman is stepping down, Marie Kondo is raising VC and Munchery has finally filed for bankruptcy.

Lightspeed announces new $560 million fund for China

Global investor Lightspeed is starting 2019 with its largest-ever fund for China, where it has backed a number of new internet challengers. The firm announced this week that its fourth China fund ha

Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up

Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful lot of bucks. The company, which acquired Uber’s local business earlier this year, is planning to

Kik raises nearly $100M in highest profile ICO to date

The highest profile ICOs from a consumer internet company to date has come to a close after messaging app Kik raised nearly $100 million from its token sale. The exact amount is 168,732 ETH —
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