A seven-year-old cloud security company that utilizes artificial intelligence (AI) to find network intrusions has raised $100 million in a Series E funding round led by TCV, according to a report. Khosla Ventures and Accel also took part in the round. The total raised by...
U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and capital spending. According to a report in The Wall Street Journal, citing Moody’s Investors Services,...
Synapse, the startup that enables bank and FinTechs to create digital financial services, raised $33 million in venture funding. The Series B funding round was led by Andreessen Horowitz and included existing investors Trinity Ventures and Core Innovation Capital, according to a report in TechCrunch. To...
Depop, the U.K. startup that operates an app where individuals sell items on social feeds, has raised $62 million in venture funding. According to a report, the Series C round was led by General Atlantic. Additional investors included HV Holtzbrinck Ventures, Balderton Capital, Creandum, Octopus...
Gig economy marketplace Thumbtack is looking to raise up to $120 million in a Series H funding round. The more than 10-year-old company has already raised nearly $300 million. The upcoming round comes at a flat valuation to its 2015 Series G funding round of...
Step, a finance startup aimed at teens, has raised $22.5 million in a funding round led by Stripe, according to a report. Step builds mobile banking services for teens who are more comfortable with smartphones than bank visits. “Schools don’t teach kids about money,” said...
The XRT, which keeps track of activity for the biggest retail companies, is having the worst month in 10 years, as the sector fell an estimated 13 percent in May. CNBC reported that, on Tuesday (June 4), retail was up — gaining close to 3...
Automotive cybersecurity company GuardKnox announced it has secured $21 million in a Series A round of funding, bringing its total raised to $24 million. This latest round was led by Fraser McCombs Capital with participation from global investors including automotive technology leader Faurecia, SAIC Capital...
Sales enablement platform Highspot announced it has secured $60 million in Series D funding. ICONIQ Capital led the round, with participation from new investor Sapphire Ventures and all existing investors including Madrona Venture Group, OpenView, Salesforce Ventures and Shasta Ventures. The new funds will be...
