Wellington Management related stories
All articles and analysis
Food delivery firm Swiggy raises $1 billion in Naspers-led funding round: ReutersOnline food delivery company Swiggy said it had raised $1 million in its latest funding round, led by South African internet group Naspers Ltd (NPNJn.J).
- Cryptocurrency exchange Coinbase racks up $300 mln Series E
Coinbase, a cryptocurrency exchange, has raised $300 million in Series E funding, according to a blog post https://blog.coinbase.com/coinbase-raises-series-e-round-of-financing-to-accelerate-the-adoption-of-cryptocurrencies-1ad927463814 by the company's president and chief operating officer Asiff Hirji. Tiger Global Management led the round with participation from other investors that included Y Combinator Continuity, Wellington Management, Andreessen Horowitz and Polychain.
- ZipRecruiter books $156 mln Series B
Santa Monica, California-based ZipRecruiter, an online employment marketplace, has raised $156 million in Series B funding. Wellington Management Company and IVP led the round.
- Tanium rakes in $200 mln
Tanium, a platform for business resilience, has raised $200 million in funding. The investors were Wellington Management, Baillie Gifford & Company and Adage Capital Management LP.
- PagerDuty grabs $90 mln Series D
PagerDuty, a digital operations management platform, has raised $90 million in Series D funding. The investors were T. Rowe Price Associates Inc, Wellington Management, Accel, Andreessen Horowitz and Bessemer Venture Partners.
Stewart Butterfield's Slack raises $427 mln in Series H roundSlack, an enterprise messaging software provider, said it raised US$427 million in a Series H financing at a post-money valuation of more than US$7.1 billion. The round was led by Dragoneer Investment Group and General Atlantic. They were joined by T. Rowe Price Associates, Wellington Management, Baillie Gifford, Sands Capital and the company's existing investors. The Series H round brings total financing raised by Slack to about US$1.3 billion. San Francisco-based Slack, which has an office in Vancouver, was launched in 2014 by CEO Stewart Butterfield, a Canadian entrepreneur.
- Slack raises late-stage round at $7.1 bln valuation
San Francisco-based Slack, provider of collaboration tools and services, announced it has raised $427 million in Series H funding at a post-money valuation of more than $7.1 billion. Lead investors in the Series H equity round are Dragoneer Investment Group and General Atlantic. They were joined by funds and accounts advised by T. Rowe Price Associates and funds advised by Wellington Management, and Baillie Gifford and Sands Capital, as well as existing investors. The company has now raised nearly $1.27 billion since it was founded in 2009.
- TCV leads Peloton's $550 mln round
Peloton said Aug. 3 that it raised $550 million in a Series F financing round led by TCV. Nearly all of Peloton's existing institutional investors, including Tiger Global, True Ventures, Wellington Management, Fidelity (FMRCo), NBCUniversal, Kleiner Perkins and Balyasny participated in this round. New investors include Felix Capital, Winslow Capital and other mutual fund partners. J.P. Morgan served as the sole placement agent to Peloton on the transaction. Peloton, of New York, provides high end cycling equipment for the home.