Category: Fundings and Exits

BigID takes $2.1M to help enterprises grok customer data privacy risks

The risks for businesses associated with storing and processing the personal data of their customers are growing as data volumes continue to increase and regulators sharpen their claws over data protection. But those risks are of course just another startup opportunity. So step forward out of stealthy shadows BigID which has been quietly working on a plan to build an enterprise privacy…

Money transfer company TransferWise raises further $26M at a $1.1B valuation

After months of rumours, TransferWise, the London-headquartered money transfer startup and fintech darling, has confirmed that it has raised a further round of funding. Described as ‘top-up funding’, the $26 million round was led by investment management firm Baillie Gifford, with participation from existing investors. TechCrunch understands via two sources close to the company that this…

EquipmentShare raises $5.5 million for peer-to-peer marketplace for heavy equipment

To grow its peer-to-peer marketplace for construction equipment, Columbia, Missouri-based EquipmentShare has raised $5.5 million in a venture funding round led by Romulus Capital. Earlier, the “Airbnb for construction” raised $2.1 million in seed funding and participated in the Y Combinator accelerator. EquipmentShare’s co-founders, brothers William and Jabbok Schlacks, drew inspiration for their business from the…

eero inks $50 million funding deal with Menlo’s Opportunity Fund, plans to sell products at Best Buy

Just months after finally shipping its product to consumers, smart wireless routing system eero has pulled in a new $50 million in growth funding from Menlo Ventures, as the first investment from the Menlo Opportunity Fund. Index also led the round. Existing investors First Round Capital, Shasta Ventures, Red Point Ventures, and Playground Global also added…

Snapchat raised $1.8B in a Series F round; leaked deck reveals revenues, user numbers

Earlier this week, we reported that the messaging app startup Snapchat was raising more money. Now we have more updates for you. An SEC filing has been made today with information about Snapchat’s latest Series F round, in which it has raised $1.8 billion. Separately, we’ve also obtained a leaked pitch deck, revealing Snapchat’s revenue and forecasts. The Los Angeles-based company recently…