Here’s something that may not be widely known about ride-hailing app startup Uber: It has investors that are Russian. That’s according to TechCrunch, which reported Sberbank, the Russian bank, has invested in Uber as part of its international fund it launched a few years ago. TechCrunch...
The Sage of Omaha has spoken when it comes to Walmart — and the result is not good for the Bentonville-based mega-retailer. Walmart may be the biggest retailer on Earth, according to sales, but Warren Buffett’s Berkshire Hathaway has mostly cashed out its stock. The move...
Venture capital investor Andreessen Horowitz is reportedly the lead investor in a fundraising round for Quantopian, a startup that crowdsources investment algorithms. According to a report, other venture capitalists to take part in the $25 million round of Series C funding include Bessemer Venture Partners, Steve...
San Francisco cybersecurity company RiskIQ announced that, on Thursday (Nov. 10), it had closed $30.5 million in Series C funding. Georgian Partners led the funding round, and existing investors Summit Partners, Battery Ventures and MassMutual Ventures also participated. The company has raised a total of $65.5 million...
Investors do not like surprises — and as Tuesday night gave way into Wednesday morning, the world markets got a heck of surprise: Donald Trump pulled off the biggest electoral upset since “Dewey Defeats Truman” and won the presidency of the United States. It was an...
Once marked for expansion, Priceline has announced that it will be scaling back the expansion plans for OpenTable some. OpenTable was the cause of a $941 million writedown that managed to take a bit out out of Priceline’s otherwise strong Q3 performance in its core...
Wish, the company behind the popular shopping app Wish, is raising around $500 million in a new round of funding. According to a report by Recode, which cited multiple sources familiar with the deal, Wish is now valued at higher than $3.5 billion but below $5...
Freshdesk, the provider of cloud-based customer engagement software, announced Friday (Nov. 4) a $55 million round of venture funding. In a press release, the company said the Series F round of funding was led by Sequoia Capital India, which is a new investor, and existing...
Arex, the invoice financing startup focused on the small and medium-sized business market, has raised €3 million in funding. According to a report by TechCrunch, the capital raise was led by Finland’s Lifeline Ventures. Also partaking in the round was London-based LocalGlobe and unnamed angel investors....
