battery ventures

Paperspace scores $13M investment for AI-fueled application development platform

Paperspace wants to help developers build artificial intelligence and machine learning applications with a software/hardware development platform powered by GPUs and other powerful chips. Today, the W

Machinify raises $10 million to help businesses use AI to monetize data

Data is valuable — if you know how to access it and reap the insights from it. That’s where Machinify comes in. The artificial intelligence company just raised a $10 million Series A roun

Tiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuation

Coinbase may raise up to $500 million at an $8 billion valuation. The cryptocurrency trading platform has also announced two new high-level hires.

Detroit’s StockX raises $44M from GV and Battery to expand marketplace internationally

StockX started as a marketplace for reselling sneakers but has since grown to be much more, bringing its transparent and anonymous marketplace to more verticals. Today the company is announcing a $44

Coinbase’s Brian Armstrong: ‘I’d love to run a public company’

Brian Armstrong, the CEO of cryptocurrency trading platform Coinbase, wants to take his company public — maybe on the blockchain. Onstage at TechCrunch Disrupt SF 2018, Armstrong dished on his ambit

With $40 million for AuditBoard’s risk and compliance toolkit, LA’s enterprise startups notch another win

Daniel Kim and Jay Lee, the two founders of AuditBoard, a Los Angeles-based provider of a risk and compliance software service for large businesses, grew up middle school friends in Cerritos, Calif. I

Siemens acquires low-code platform Mendix for $700M

Siemens, the giant German technology company, today announced that it has acquired Mendix, the popular low-code application development platform, for €0.6 billion (or about $700 million). Mendix, wh

Cheq raises $5M for a proactive, AI-driven approach to safe ad placement

While brand safety and fraud prevention have been big topics in the online ad industry over the past couple years, Cheq CEO Guy Tytunovich argued that “first generation solutions for ad verifica

Job hunting service Glassdoor sold to Japan’s Recruit for $1.2 billion

U.S. job hunting service Glassdoor, which is best known for providing insight into company working cultures, has been acquired for $1.2 billion in cash by Recruit, a $39 billion Japanese corporate tha

ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

The city of Glendale, Calif. seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. Located at the southeastern tip of the San Fernando

Battery Ventures ups the ante, raising $1.25 billion across two new funds

Battery Ventures is a 35-year-old, global investment firm that tends to keep its nose down. Its bench of 10 general partners have mostly been operating quietly in the business for many years if not d

Another short-lived, overfunded startup is shutting down: Primary Data

A startup that's operating in stealth mode raises an almost stunning amount of money before it releases a product. Investors write outsized checks to the outfit anyway because of the people involved i

Online lender Earnest sells to Navient, in a disappointing deal for investors

Earnest, a well-funded fintech startup with bold ambitions to create a modern financial institution, is selling to the student-loan company Navient for $155 million in cash. The WSJ was first to repor

Pendo acquires Insert to add mobile apps to its user analytics and engagement platform

Pendo helps businesses understand and assist their customers with tools like analytics, polls and walkthroughs. Until now, however, CEO Todd Olson said the company has been focused on the web (both de

Dataiku to enhance data tools with $28 million investment led by Battery Ventures

Dataiku, a French startup that helps data analysts communicate with data scientists to build more meaningful data applications, announced a significant funding round today. The company scored a $28 mi

JASK emerges from stealth with $12 million and an automated threat detection service

JASK is emerging from stealth today with $12 million in the bank and a machine learning technology that automates network monitoring and management for overtaxed security teams. The thesis behind JASK

Entelo steps up its AI game with $20M Series C 

The race to crown a winner in the AI-powered recruiting software space is on. With both Workey and Mya nabbing rounds in the last few weeks, the timing is prime for a few players to seek advantage in

Discontent and disruption in the world of content delivery networks

As content delivery networks (CDN) market leaders grapple with technological shifts, some innovators are making rapid advances. The CDN market, estimated at $5 billion today, is anticipated to be more

HR and employee benefits platform Hibob raises $17.5M led by U.S.-based Battery Ventures

<a target="_blank" href="http://www.hibob.com/">Hibob</a>, a HR and employee benefits platform for small to medium-sized businesses, has raised $17.5 million in Series A funding. Leading the round is

Accel leads HotelTonight’s $37M Series E

Last minute hotel booking app HotelTonight has closed a $37 million Series E round of funding -- having last raised in early 2014.
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