Accel

Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum

Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments

Personio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time

Personio — a startup out of Munich, Germany that styles itself as a Workday and ServiceNow focused on the small and medium businesses of the world — went on a funding tear through the COVI

Makelog looks to revitalize software release notes with $3M seed

When Makelog founder and CEO JJ Nguyen was working in product management and customer success positions at companies like Segment, Scale AI and Warby Parker, she saw a constant stream of product updat

LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist

Saul Klein is a busy man. As co-founder with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives. Among other things, the pair are pa

Dcode Capital raising $50M fund to build bridge between startups and federal government

While startups could serve as a lifeline of innovation, the process to get a government contract is thorny and long. Dcode wants to help.

Proving that contact center tech remains desirable, Invoca raises $83M

Invoca, a platform that uses AI to analyze calls for marketing, sales and customer agent training purposes, today closed an $83 million funding round that values the company at $1.1 billion post-money

Middesk raises $57M to automate business verification and underwriting

Middesk, a platform designed to automate business verification and underwriting decisions, today announced that it raised $57 million in a Series B round co-led by Insight Partners and Canapi Ventures

The arrest heard ’round the crypto world

Hey everyone, and welcome back to Chain Reaction. Last week, we discussed $4.5 billion in new crypto funds from a16z. This week, we’re talking about the arrest that has everyone in the NFT space

Indonesia’s Astro raises $60M to work on 15-minute grocery delivery

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. Jarkata-based Astro, which provides 15-minute grocery delivery

Data intelligence startup Near, with 1.6B anonymized user IDs, lists on Nasdaq via SPAC at a $1B market cap; raises $100M

The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form of SPACs. Near — a data intelligenc

With a fresh $46M, Instabug aims to do more than fix your app’s bugs

Instabug, a startup that aims to help mobile developers monitor, identify and fix bugs within apps, has raised $46 million in a Series B funding round led by Insight Partners. The raise comes just ov

Banking-as-a-service startup Unit closes on $100M at a $1.2B valuation

Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners. Existing backers Accel, Better Tomorrow Ventures and Flourish Ventures also partic

Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

The pandemic has majorly affected the global supply chain, with 60% of U.S. adults in an August 2021 Gallup survey saying that they’ve been unable to get a product they wanted in the past two mo

OtterTune, which taps AI to optimize databases, raises $12M

Databases are in wide use today, powering the apps that people use every day for work and play. But they can be challenging to build, configure and maintain — particularly as their usage continu

Tailscale lands $100 million to ‘transform’ enterprise VPNs with mesh technology

Zero trust security is an emerging paradigm in enterprise IT. It means that no one is trusted by default from inside or outside a network and verification is required from everyone trying to gain acce

Kevin raises $65M as it charges ahead on account-to-account payments over point-of-sale terminals

Payments remains a very fragmented business around the world: depending on where you’re buying or selling something (and whether you are selling online or offline) you will have different &#8220

EdgeDB wants to modernize databases for cutting-edge apps

Databases are an essential part of doing business in the digital world, but not every organization is achieving success with them. In a 2019 Vanson Bourne survey, enterprises said that they’ve b

TechCrunch Live speaks with Silverton Partners and The Zebra on hiring external leadership

TechCrunch Live took a virtual trip to Austin, Texas, and we had a great time, even if the tacos were missing. Called TC City Spotlight: Austin, the show featured an extended lineup of guests, includi

Zubale bags new capital to match gig workers with LatAm e-commerce fulfillment jobs

Now flush with new capital, the company plans to launch some embedded financial products for the independent workers using its marketplace.

Gravity Sketch draws $33M for a platform to design, collaborate on and produce 3D objects

Platforms like Figma have changed the game when it comes to how creatives and other stakeholders in the production and product team conceive and iterate around two-dimensional designs. Now, a company
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