Even Rupert Murdoch, famed and mega-wealthy media baron, may be feeling the pinch of this failed investment. News came earlier this week that Murdoch, News Corp. chairman, is likely to lose as much as $100 million having invested in Theranos, the blood testing company that...
Opendoor, the real estate startup that has a marketplace platform, has raised $210 million in a Series D round of financing. According to a report, Norwest Venture Partners said it led the round of funding, which will be used to expand Opendoor’s service into 10 cities....
PayCar, a FinTech startup created to purchase used cars, has received a round of venture funding, which included BNP Paribas as a participant. According to a report, the round of funding totaled €1.3 million. PayCar comes out of BNP Paribas’ accelerator and incubation unit, L’Atelier. PayCar...
JetClosing, the real estate startup focused on making the closing process on a new home less complex, announced Wednesday (Nov. 30) it has closed on $2.3 million in venture capital seed financing. The round of venture fundraising was led by Trilogy Equity Partners. Maveron also participated...
In management news tied to Citigroup’s Citi Ventures, which invests in FinTech, Vanessa Colella has been promoted to lead the Citi unit. Reuters reported that the promotion comes as Colella has been at Citi Ventures since 2013. She will ascend to the new position at...
Wynd, the French startup developing a Software-as-a-Service solution to replace point of sale, has raised $31.7 million in venture funding. According to a report, the Series B round was led by Sodexo Ventures and Orange Digital Ventures. Bpifrance also participated in the latest round of fundraising....
A former executive from Expedia has secured funding for his new startup, though the details on the new project are scarce. According to reports by GeekWire on Wednesday (Nov. 23), Jeff Warren has secured investment from Idealab and other backers to the tune of $325,106, according...
What started as a marketplace for reselling apps has turned into an app intelligence source — one that helps feed data to Google, Facebook, Pinterest and NBCU, to name a few — and its caught investors’ eyes. Apptopia has just hit a total funding to...
A group of investors, including Mastercard and Banco Santander, have invested $6 million in PayKey, an Israeli startup focused on enabling consumers to make payments through messaging applications. American Banker reported that the startup traces its genesis to 2014, with a keyboard (a downloadable one)...
