Artificial intelligence (AI)-powered FinTech Software as a Service (SaaS) firm HighRadius raised $125 million in a Series B growth funding round, giving it a unicorn valuation, the company announced on Tuesday (Jan. 7). The funding was led by ICONIQ Capital, with participation from existing investors...
Google parent company Alphabet and Facebook, despite a number of looming competition and antitrust investigations for both companies from U.S. government agencies, closed out at high share prices on Monday (Jan. 6), according to CNBC. Alphabet was up 2.7 percent to $1,397.81 per share —...
Food software startup Olo, named after the phrase “online ordering,” might have plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. The company, which is based in New York, is looking for a $1 billion valuation. Olo has...
In venture capital, funding can start as a trickle and then wind up as a flood. To that end, as estimated by the research company Tracxn, India-based tech startups attracted a record amount of funding from investors – $14.5 billion last year, better than the...
Indian unicorn startup InMobi reported a net loss of ₹54 crore in the fiscal year ending in March of last year, which is a year-on-year increase of 53 percent compared to the previous one, according to DealstreetAsia. InMobi offers advertising services to businesses. According to...
Latin America-based Loft, a digital real estate startup that aims to make buying and selling real estate in the region easier, has raised $175 million in a series C funding round, according to a press release. The round was led by Vulcan Capital and Andreessen...
Although Apple was the 2019 star of the Dow Jones Industrial Average, tech investor Paul Meeks calculates that the stock is worth much less than $290 a share. “I value the company at about $170 a share, believe it or not,” Meeks, the portfolio manager...
Richard Merage, the man who created Hot Pockets, disclosed stake that he bought in Groupon on Monday (Dec. 30). Merage and his company, MIG Capital, based in Newport Beach, California, disclosed the 5 percent stake in the eCommerce company, the reason for which was that...
With a new funding round that could bring its valuation to more than $1 billion, ClassPass, backed by Alphabet Inc. and Temasek, is aiming to raise $285 million. As part of the funding round, the fitness firm will issue 22.7 million series E shares per a securities filing Reuters received...
