COVID-19 fails to stop the march of the unicorns
cb insights

COVID-19 fails to stop the march of the unicorns

We’re digging into Q2 2020 venture capital results this week. Today we are exploring U.S.-specific results after taking a broader perspective yesterday. As with every quarter, our goal is to understand how strong, or not, the domestic and global VC markets are so that we can better follow the pace …

COVID-19 fails to stop the march of the unicorns
cb insights

COVID-19 fails to stop the march of the unicorns

We’re digging into Q2 2020 venture capital results this week. Today we are exploring U.S.-specific results after taking a broader perspective yesterday. As with every quarter, our goal is to understand how strong, or not, the domestic and global VC markets are so that we can better follow the pace …

RealityEngines.AI becomes Abacus.AI and raises $13M Series A
abacus.ai

RealityEngines.AI becomes Abacus.AI and raises $13M Series A

RealityEngines.AI, the machine learning startup co-founded by former AWS and Google exec Bindu Reddy, today announced that it is rebranding as Abacus.AI and launching its autonomous AI service into general availability. In addition, the company also today disclosed that it has raised a $13 million Series A round led by …

Auckland-based photo software startup Narrative raises $2.58 million led by Founders Fund
Fundings & Exits

Auckland-based photo software startup Narrative raises $2.58 million led by Founders Fund

For many freelance photographers, marketing their businesses and editing photos takes as much time, if not much more, than photoshoots. Founded in 2017, Auckland-based Narrative helps professional photographers with tools including a website builder and Narrative Select, an AI-based tool that identifies the best frames from a shoot, cutting down …

BigCommerce files to go public
bigcommerce

BigCommerce files to go public

As expected, BigCommerce has filed to go public. The Austin, Texas, based e-commerce company raised over $200 million while private. The company’s IPO filing lists a $100 million placeholder figure for its IPO raise, giving us directional indication that this IPO will be in the lower, and not upper, nine-figure …

SaaS and cloud stocks finally give back ground
bessemer

SaaS and cloud stocks finally give back ground

After a heated run, SaaS and cloud stocks dipped sharply during regular trading on Monday. According to the category-tracking Bessemer cloud index, public SaaS and cloud stocks dropped around 6.5% today, a material blow to the value of some of the world’s most highly valued companies, measured by sector-averaged revenue …

Robinhood raises $320M more, bringing its latest round to $600M at an $8.6B valuation
coronavirus

Robinhood raises $320M more, bringing its latest round to $600M at an $8.6B valuation

The stakes keep getting higher for American discount brokerage Robinhood, which today disclosed that it has added hundreds of millions of dollars to its previously disclosed funding round. Including the $280 million that the company had already announced, Robinhood said that it was “pleased to share” that it “raised an …

Second-quarter VC investing totals appear lackluster
cb insights

Second-quarter VC investing totals appear lackluster

The second quarter’s venture capital results are coming into focus. The Exchange will have more notes on Q2’s venture results this week, but this morning we’re digging into our first dataset concerning what happened in the world of private capital from April through June. Crunchbase News — a place I …

Equity Monday: India’s digital economy attracts ample attention, three funding rounds and earnings season
equity

Equity Monday: India’s digital economy attracts ample attention, three funding rounds and earnings season

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our week-starting primer in which we go over the latest news, dig into the week ahead, talk about some neat funding rounds and dive into the latest big news …

Equity Monday: India’s digital economy attracts ample attention, three funding rounds, and earnings season
equity

Equity Monday: India’s digital economy attracts ample attention, three funding rounds, and earnings season

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our week-starting primer in which we go over the latest news, dig into the week ahead, talk about some neat funding rounds and dive into the latest big news …