IVP

IVP’s Eric Liaw talks Klarna controversy, sticky successions, and why the great valuation reset doesn’t really matter

When IVP recently announced the closing of its 18th fund, I called Eric Liaw, a longtime general partner with the growth-stage firm, to ask a few questions. For starters, wringing $1.6 billion in capi

AI-powered search engine Perplexity AI, now valued at $520M, raises $73.6M

As search engine incumbents — namely Google — amp up their platforms with GenAI tech, startups are looking to reinvent AI-powered search from the ground up. It might seem like a Sisyphean

Volt, an open banking fintech for payments and more, raises $60M at a $350M+ valuation

Open banking — where traditional banks enable payments and other new services by way of APIs that give access to financial data previously locked up in their systems — has led to a rush of

Cortex raises $35M Series B for its internal developer portal

Cortex, a startup building an internal developer portal that helps engineering teams build better software at scale, today announced a $35 million Series B funding round led by IVP. Craft Ventures, al

DeepL, the AI-based language translator, raises over $100M at a $1B+ valuation

Artificial intelligence startups, and (thanks to GPT and OpenAI) specifically those helping humans communicate with each other, are commanding a lot of interest from investors, and today the latest of

Former Yext CEO launches Roam to provide a virtual HQ for distributed teams

Roam, which bills itself as a “cloud HQ” for distributed, remote companies, today emerged from stealth with $30 million in Series A funding led by IVP with participation from undisclosed a

Monte Carlo raises $135M Series D at $1.6B price, showing that unicorn rounds are still a thing

If you grow this quickly, yes, you can raise capital for your software business like it's still 2021.

Traceable AI nabs $60M to secure app APIs using machine learning

Traceable AI, a startup offering services designed to protect APIs from cyberattacks, today announced that it raised $60 million in a Series B round led by IVP with participation from BIG Labs, Unusua

Aiven snags $60M investment on $2B valuation, up from $800M in March

Aiven, a Finnish startup that helps companies combine various open source technologies with public cloud infrastructure resources, announced a $60 million investment on a $2 billion valuation today. T

Cribl raises $200M to help enterprises do more with their data

Cribl is developing unified data pipelines, called “observability pipelines,” to parse and route any type of data that flows through a corporate IT system.

Crypto tax software provider TaxBit raises $130M at a $1.33B valuation

Just five months after raising a $100 million Series A, TaxBit announced today it has raised $130 million in a Series B round of funding. The latest financing officially makes the Salt Lake City, Utah

Renegade Partners rolls out its much-anticipated debut fund with $100 million

Renegade Partners — a Bay Area-based venture firm co-founded by veteran VCs Renata Quintini and Roseanne Wincek — is taking the wraps off a $100 million debut venture fund that’s bee

Paper gets $100M worth of venture-backed paper for B2B edtech

For edtech startups, it’s always been easier to go direct-to-consumer than it is to sell into school districts. The latter has stodgy and strict sales cycles, while the former has a bit more flexib

AI startup Eightfold valued at $2.1B in SoftBank-led $220M funding

Eightfold AI, a startup which uses deep learning and artificial intelligence to help companies find, recruit and retain workers, said on Thursday it has raised $220 million in a new round as it looks

Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank

Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday th

H1’s LinkedIn for the healthcare industry raises $58 million

The idea sounds almost too simple. Create a version of LinkedIn that’s specifically for the healthcare industry, where professionals can find out not just who has what credentials, but also lear

Former Dropbox CFO Ajay Vashee is joining the powerhouse venture firm IVP in January

Ajay Vashee — who spent the last eight years at Dropbox, rising from the head of finance to CFO over his tenure and helping to take the company public in 2018 — is joining the Silicon Vall

Hopin raises $125M for its online events platform on the back of surging growth

This morning Hopin, a startup that provides online events software, announced that it has closed a $125 million Series B round of capital. The new funds come mere months after Hopin raised a $40 milli

TransferWise reports accelerating revenue growth to 70% in its March, 2020 fiscal year

TransferWise, a European fintech unicorn, announced the financial results of its fiscal year ending March, 2020. The company posted strong growth, continued profit and new customer records. TransferWi

Hopin raises $40M Series A as its virtual events business accelerates

This morning, Hopin, a London-based startup building virtual events technology, announced that it has raised a $40 million Series A led by IVP. According to the company, Salesforce’s corporate v
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