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Uber CEO Travis Kalanick resigns under investor pressure: ReutersUber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership, Reuters reported.
- Wavedash Games pulls in $6 mln Series A
Oakland, California-based Wavedash Games, a game publisher, has raised $6 million in Series A funding. March Capital Partners led the round with participation from other investors that included Lowercase Capital, Advancit Capital, Machine Shop Ventures and Cherrytree VC.
- Chris Sacca to give up venture investing
Chris Sacca, whose bets on Twitter and Uber brought him wide attention in venture circles, said he is giving up investing and his role on ABC’s Shark Tank.
- IVP leads Series B round for Tala
Los Angeles-based Tala, a credit-scoring and reporting platform provider to financial institutions in emerging markets, has raised more than $30 million in Series B financing, according to a spokesperson for the firm. IVP led the round with participation from other investors that included Ribbit Capital. Lowercase Capital, Data Collective, Collaborative Fund and Female Founders Fund.
Golden Venture Partners invests in Brightwheel's $10 mln Series AU.S. early education software startup Brightwheel has raised US$10 million in a Series A financing. The round was led by GGV Capital and joined by new and existing investors, including Golden Venture Partners, a Canadian venture capital firm. Founded in 2014, San Francisco's Brightwheel provides a cloud-based management and communication platform for preschools, childcare providers, camps and afterschool programs. The company plans to use the funds raised to accelerate product development and expand its team.
- Brightwheel snaps up $10 mln Series A
San Francisco-based Brightwheel, a provider of management and communication software for early education, has raised $10 million in Series A financing. GGV Capital led the round with participation from other investors that included Chan Zuckerberg Initiative, ICONIQ, Eniac Ventures, Golden Venture Partners, Lowercase Capital, Mark Cuban Companies and RRE Ventures.