funding

  • SmashFly, A Service That Looks To Snag New Hires More Effectively, Raises $22M

    SmashFly, A Service That Looks To Snag New Hires More Effectively, Raises $22M

    Mike Hennessy thinks finding potential recruits is just like marketing — you have to keep them interested and snatch them at the right time. That’s why he started SmashFly, a startup that manages inbound interest from potential recruits and keeps them engaged with a company that’s eventually hoping to convert them to an employee. To do that, SmashFly has raised $22 million in… Read More

  • Investors Feed Datadog A Hefty $94.5 Million Round

    Investors Feed Datadog A Hefty $94.5 Million Round

    Every startup needs a steady diet of funding to keep it strong and growing. Datadog, a monitoring service that helps customers bring together data from across a variety of infrastructure and software is no exception. Today it announced a massive $94.5 million Series D Round. The company would not discuss valuation. The round was led by ICONIQ Capital. Existing investors Index Ventures… Read More

  • Bio
    Life Sciences Marketplace Quartzy Raises $17 Million To Build Up The Supply Side

    Life Sciences Marketplace Quartzy Raises $17 Million To Build Up The Supply Side

    Quartzy, a lab supplies marketplace, announced it has closed a $17 million round in Series B financing to help the startup build up the supply of lab equipment offered to customers. The startup launched out of Y Combinator four years back and has since partnered with several academic institutions, including Stanford to offer an alternative marketplace for pricier lab supplies. Quartzy does so… Read More

  • Layoffs Hit Dinner Lab As Company Shifts To Contract Model For Event Staffers

    Layoffs Hit Dinner Lab As Company Shifts To Contract Model For Event Staffers

    Dinner Lab is laying off around 30 employees from their full-time positions as it shifts to a contract-based model for its events staff, the company confirmed to TechCrunch. Most of those layoffs consisted of on-the-ground events execution staff. The crux of the issue was that these events staffers were being paid as full-time employees, which CEO Brian Bordainick said was not that sustainable… Read More

  • New SEC Ruling Brings Equity Crowdfunding Even Closer

    New SEC Ruling Brings Equity Crowdfunding Even Closer

    The idea that the average consumer i.e. a non “high net-worth individual” could invest in a small equity round has been in the works since June but a new rule released last week now brings the US closer to true equity crowdfunding. You can check out the entire release here but, in general, it opens the door to a new form of investment. Companies will be able to raise a maximum of… Read More

  • Alteryx Scores $85 Million As Growth Spurt Continues

    Alteryx Scores $85 Million As Growth Spurt Continues

    Alteryx, which offers an analytics tool aimed at business users, announced an $85 million round today. Today’s deal comes on top of the $60 million deal last October and brings the total raised to an impressive $163 million to date. The round was led by Iconiq Capital and Insight Venture Partners. Meritech Capital Partners also participated. The company has been growing steadily and… Read More

  • CloudFlare Hints IPO Could Be Coming, But Not This Year

    CloudFlare Hints IPO Could Be Coming, But Not This Year

    Just this morning, CloudFlare announced a $110 million round led by Fidelity Investments, and on stage today at TechCrunch Disrupt, Michelle Zatlyn, CloudFlare’s head of customer experience, told TechCrunch’s Frederic Lardinois the company definitely won’t be IPOing this year — but she hinted that it’s out there on the horizon. When a big round is led by… Read More

  • AlienVault Secures $52M Round With Eye Toward IPO

    AlienVault Secures $52M Round With Eye Toward IPO

    AlienVault, a company that delivers a hybrid threat management solutions combined with a crowd-sourced threat intelligence platform, announced a $52 million investment round today. The company boasts 24,000 registered users with 2,200 paying customers and has been adding 300-400 customers every quarter. Investors liked the growth trajectory and decided to pursue a round, company CEO… Read More

  • Kik Raises $50M From Tencent To Become The “WeChat Of The West”

    Kik Raises $50M From Tencent To Become The “WeChat Of The West”

    Kik, the Canadian company behind the messaging app of the same name has announced $50M worth of funding from one of its partners, China’s Tencent (also the biggest internet company in China). This funding puts Kik’s total at $120.5M. The deal brings the company valuation into unicorn territory (the much-ballyhooed $1 billion mark.) Here’s what Kik’s CEO, Ted Livingston… Read More

  • Storage Vendor Tintri Lands $125M Round With Eye Toward IPO

    Storage Vendor Tintri Lands $125M Round With Eye Toward IPO

    Tintri, a company that develops storage solutions for virtual applications, announced a $125 million round today. The company also indicated the next logical step is probably going to be an IPO in the first half of 2016 if market conditions are right. The round was led by Silver Lake Kraftwerk. Existing investors Insight Venture Partners, Lightspeed Ventures, Menlo Ventures and NEA also… Read More

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