sequoia capital

English teaching service VIPKID raises $200M and reportedly hits a $1.5B valuation

VIPKID, an online English teaching tool, announced today that it has raised $200 million in financing. That financing round values the company at $1.5 billion, according to a report by Bloomberg. Tha

After rebranding to Puls and raising new cash, CellSavers wants to help set up your smart gadgets

CellSavers, the on-demand smartphone and tablet repair service, is rebranding its business to Puls and expanding its suite of services to include most smart devices in a home. The San Francisco-based

Filecoin’s ICO opens today for accredited investors after raising $52M from advisers

Filecoin, the much-anticipated cryptocurrency that will eventually power a distributed file storage system, is opening its ICO today at 12pm PT / 3pm ET today. Last week Filecoin concluded a much talk

Reddit just raised a new round that values the company at $1.8 billion

Reddit, the 12-year-old, San Francisco-based online discussion platform that has long called itself the "front page of the internet," just closed its biggest round ever, from a whole lot of investors,

Sequoia raised $4 billion across four funds, including $2 billion for its growth fund

Sequoia Capital has raised $4 billion in funding for a variety of funds, according to SEC filings released yesterday. That includes $2 billion for its second growth fund, the size of which had previou

SirionLabs establishes US foothold to scale its NLP contract management software

SirionLabs, a startup providing vendor management software to enterprises, is adding a U.S. headquarters to its footprint. The company was initially founded in India and has raised $16.95 million from

Instacart raises $400 million at a $3.4 billion valuation to deliver groceries on demand

Grocery delivery startup Instacart has raised $400 million in a new round of financing at a valuation of $3.4 billion, according to sources familiar with the deal. Axios broke news that Instacart was

Chinese photo-sharing app Kuaishou planning U.S. IPO later this year

We’re hearing from sources that Kuaishou — a hot photo-sharing application in China — is planning to go public in the U.S. later this year. Sources tell us the app has more than 40 million d

Sequoia Capital has quietly announced a leadership change-up, with partner Jim Goetz taking a step back

Prominent venture firm Sequoia Capital has famously handled well its transitions from one powerful team of investors to the next. Founder Don Valentine handed the reins over to Doug Leone and Michael

Strange new lawsuit against longtime investor Michael Goguen gets dropped

Early last month, we told you about a bizarre new lawsuit involving longtime venture capitalist Michael Goguen, whose career at Sequoia Capital ended early last year after he was sued in a salacious

Zipline raises $25 million to deliver medical supplies by drone

Zipline International Inc. has raised $25 million in a Series B funding round to expand its humanitarian delivery drone business in Rwanda, the U.S. and beyond. The startup builds drones and runs deli

Jess Lee of Polyvore joins Sequoia Capital as its 11th investing partner

Sequoia Capital has brought aboard Jess Lee as its eleventh investing partner in the U.S., becoming the firm’s first senior female U.S. investor in its 44-year-old history. Lee was a former Goo

Carbon raises $81 million for international expansion of its rapid 3D-printing tech

Large manufacturers of high-tech products, from luxury vehicles to elastomers and resins, have lined up to invest in and partner with Carbon (formerly known as Carbon 3D) the Redwood City, Calif. com

Orbital Insight lands $20 million from investors, led by GV

Orbital Insight, a three-year-old, Palo Alto, Ca.-based geospatial big data company, has just raised $15 million in Series B funding led by previous investor GV, with participation from CME Ventur

Qualtrics makes a small acquisition — its first

Qualtrics, a Provo, Utah, company whose online survey research platforms help 8,500 enterprise customers better understand both their employees and their customers, has made its first acquisition, pi

A lending case involving top VCs moves toward a trial

Elevate, a venture-backed company that uses big data to assess loan applications from people with low credit scores, has been called out as a predatory lender, including in Fortune last year. One reas

Why DoorDash has to strike a balance between profitability and growth

DoorDash CEO Tony Xu says the company is cash-flow positive in some of its early markets — but the company still has to invest in its growth. That’s the reason the company raised $127 millio

Drawbridge raises $25M as it takes its cross-device tech beyond advertising

Drawbridge, a startup that helps businesses identify when a single person is using multiple devices, has raised $25 million in Series C funding. Every time I write about Drawbridge, I’m contrac

Meet your Disrupt NY Startup Battlefield final round judges: John Borthwick, Charles Hudson, Alfred Lin, Susan Lyne, Matthew Panzarino and Alan Patricof

Choosing this year’s Disrupt NY Startup Battlefield winners will be a tough job. There is an exceptionally strong and unique group of young companies competing in Startup Battlefield next week w

DoorDash’s Tony Xu and Sequoia’s Alfred Lin will join us at Disrupt NY

DoorDash, for better or worse, has become an example of the 2016 VC funding environment. After reportedly failing to raise at a $1 billion valuation, the company had to settle for a flat round. So w
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