Industry News
Qualified raises $12M make websites smarter about sales and marketing
Qualified, a startup co-founded by former Salesforce executives Kraig Swensrud and Sean Whiteley, has raised $12 million in Series A funding. Swensrud (Qualified’s CEO) said the startup is meant to solve a problem that he faced back when he was CMO at Salesforce. Apparently he’d complaining about being “blind,” because he knew so little about […]
Rigetti raises $79M Series C for its quantum computing platform
Rigetti Computing, the quantum computing startup that is challenging industry heavyweights like IBM, Microsoft and D-Wave, today announced that it has closed a $79 million Series C funding round. The round was led by Bessemer Venture Partners, with participation from Franklin Templeton, Alumni Ventures Group, DCVC, EDBI, Morpheus Ventures, and Northgate Capital. Bessemer’s Tomer Diari […]
Google-Fitbit deal to be scrutinized in Europe over data competition concerns
In a set-back for Google’s plan to acquire health wearable company Fitbit, the European Commission has announced it’s opening an investigation to dig into a range of competition concerns being attached to the proposal from multiple quarters. This means the deal is on ice for a period of time that could last until early December. […]
Serialized fiction startup Radish raises $63.2M from SoftBank and Kakao
Radish is announcing that it has raised $63.2 million in new funding. Breaking up book-length stories into smaller chapters that are released over days or weeks is an idea that was popularized in the 19th century, and startups have been trying to revive it for at least the past decade. Still, this round represents a […]
Rippling nabs $145M at a $1.35B valuation to build out its all-in-one platform for employee data
Big news today in the world of enterprise IT startups. Rippling, the startup founded by Parker Conrad to take on the ambitious challenge of building a platform to manage all aspects of employee data, from payroll and benefits through to device management, has closed $145 million in funding — a monster Series B that catapults […]
Intercom hires a CFO as it ramps towards an IPO
Today Intercom announced that it has hired a chief financial officer (CFO) as it ramps towards an IPO. The unicorn also promoted its COO to the CEO role earlier this year. The company’s recent CEO, Karen Peacock, told TechCrunch that her new CFO Dan Griggs was a strong candidate thanks to his experience helping take […]
AgentSync raises $4.4M for its insurtech compliance service
Today AgentSync announced that it has closed a $4.4 million Seed round, co-led by Elad Gil and Caffeinated Capital. Other well-known names from the Silicon Valley scene took part in its funding round, including Affirm’s Max Levchin and the podcaster turned VC Harry Stebbings, among others. The round caught our eye because AgentSync is working […]
Amazon’s 16% bite of Deliveroo finally clears UK competition probe
It’s official: Days after Amazon CEO Jeff Bezos was peppered with awkward questions by US lawmakers concerned about the market power of his ecommerce empire, the UK’s competition regulator has confirmed it’s happy for the tech giant to take a 16% bite out of local on-demand food delivery app, Deliveroo. The CMA had been investigating […]
Yotpo raises $75M for its e-commerce marketing cloud
“Marketing Cloud” has become an increasingly popular concept in the world of marketing technology — used by the likes of Salesforce, Adobe, Oracle and others to describe their digital toolsets for organizations to identify and connect with customers. Now, a startup that is building its own take on the idea aimed specifically at e-commerce companies […]