Investments

Investments
GoExpedi Closes $25M Funding Round Led By Top Tier
November 24, 2019

GoExpedi, an eCommerce, supply chain and analytics startup, has raised $25 million in Series B funding led by Top Tier Capital Partners. CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other current investors also participated in the round. GoExpedi provides more than 200,000...

Investments
SoftBank Leads $140M Investment In eComm Company VTEX
November 22, 2019

VTEX, an eCommerce company that has helped companies like Walmart sell online, has raised $140 million in a funding round led by SoftBank’s Latin American fund, according to a report by TechCrunch. The company helps businesses with eCommerce tools from beginning to end with services...

Investments
Route Package Tracker Raises $12M For AI Enhancements
November 21, 2019

Package tracking platform Route raised $12 million in seed funding that includes $500,000 from a January pre-seed round, TechCrunch reported on Thursday (Nov. 21).  The pre-seed funding was from Peak Venture Capital, which also led the new seed round, along with Album VC  and strategic partner...

Investments
Flipkart Invests $4M In EasyRewardz To Boost Customer Engagement
November 21, 2019

Flipkart announced that it has invested $4 million (about Rs 29 crore) in rewards platform EasyRewardz in India, giving Flipkart a 20 percent stake in the startup. The move comes as the Walmart-owned Flipkart is working to enter the offline-to-online segment, as well as take...

Investments
Alibaba To Purchase Stake In Milk Delivery Platform For $21M
November 20, 2019

The Alibaba Group is planning to invest about $21 million in a milk delivery startup that uses an SMS or QR code to allow people to pick up orders from nearby refrigerators, according to reports. The Shanghai-based startup, called Tianxianpei, is an online-to-offline (O2O) milk...

Investments
Carl Icahn Bets On Mall Owners Defaulting On Debt
November 20, 2019

Billionaire investor Carl Icahn is betting against mall owners. Sources told The Wall Street Journal that Icahn can potentially gain $400 million or more if mall owners aren’t able to service their debt. In fact, traders said that Icahn likely is now the largest short...

Investments
Squarespace Seeks $400M Credit Line Ahead Of Potential IPO
November 19, 2019

Website services company Squarespace is reportedly seeking a $400 million credit facility, a move that generally precedes an initial public offering (IPO), according to a report by Bloomberg. The listing could happen in the year 2021, and Squarespace wants to get the credit facility settled...

Investments
Will 2019’s Tech Stock Rise Be Undone In 2020 By Regulators’ Probes?
November 19, 2019

How do you value a company if you don’t know what the company will look like? It seems a fair question to ask of the technology sector as 2019 draws to a close. As has been widely reported, there are several investigations, from a number...

Investments
TRM Labs Raises $4.2M In Funding Led By PayPal Ventures
November 19, 2019

Cryptocurrency risk management platform TRM Labs announced that it has raised $4.2 million in funding from Initialized Capital, Blockchain Capital, PayPal Ventures, and Y Combinator. This round brings TRM’s total amount raised to $5.9 million. Founded in 2018, TRM helps financial institutions across the US,...