Private Equity
2 min read · 27 March 2019
3 min read · 25 March 2019
San Francisco-based Cleo, which helps provide a family support system for working parents, announced it raised a $27.5 million Series B round from New Enterprise Associates and angel investors that include former Yahoo CEO Marissa Mayer, LinkedIn CEO Jeff Weiner, Levi Strauss CEO Chip Bergh, Box CEO Aaron Levie and former GE CEO Jeff Immelt.
1 min read · 22 March 2019
San Francisco-based HoneyBook, provider of a financial and business management platform for freelancers, announced it has raised $28 million in a Series C round of funding. Citi Ventures led the round with participation from all existing investors, including Norwest Venture Partners and Aleph.
1 min read · 21 March 2019
New York-base Fetcher, provider of a recruiting platform that uses AI and human expertise to find top talent, announced it has raised $5.4 million in an oversubscribed seed round led by Accomplice and Slow Ventures, with full participation by existing investors Picus and Revel Partners. The round also included individual investors Paul English (founder of Kayak), Amol Sarva (founder of Knotel) and James Joaquin (co-founder of Obvious Ventures).
1 min read · 21 March 2019
The law firm Perkins Coie announced the launch of its TechVenture Index to provide a measure of the emerging growth tech and VC sector. The index was developed in collaboration with Michael Ewens, associate professor of finance and entrepreneurship at the California Institute of Technology.
1 min read · 20 March 2019
7 min read · 18 March 2019
3 min read · 14 March 2019
7 min read · 12 March 2019
Y Combinator announced last week that Sam Altman will step down as president and transition to a new role as chairman. Y Combinator said his duties as president will shift to other partners. In his new role, Altman will spend more time focusing on the nonprofit OpenAI and other pursuits. In addition, the incubator said that it's looking for space to move its headquarters and demo days to San Francisco from Mountain View, California.
1 min read · 11 March 2019