Open-source business intelligence company Metabase announced Thursday a $30 million Series B round led by Insight Partners. Existing investors Expa and NEA joined in on the round, which gives the San Francisco-based company a total of $42.5 million in funding since it was founded in 2015. Metabase previously raised $8 million in Series A funding
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Just five months after raising $90M, Brazil’s Nuvemshop announced today it has raised $500 million in a round co-led by Insight Partners and Tiger Global Management. The financing values Nuvemshop – which some say is Latin America’s answer to Shopify – at $3.1 billion and brings the Sao Paulo-based startup’s total funding in the last
Consumer shift to buying online during the global pandemic — and keeping that habit — continues to boost revenue for makers of developer tools that help e-commerce sites provide better shopping experiences. LA-based Nacelle is one of the e-commerce infrastructure companies continuing to attract investor attention, and at a speedy clip, too. It closed on
The push for renewable energy has brought offshore wind power to the forefront of many an energy company’s agenda, and that means taking a very close look at the ocean floor where the installations are to go. Fortunately Bedrock is here to drag that mapping process into the 21st century with its autonomous underwater vehicle
Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: Can I hire an
Welcome back to The Exchange. Today we’re doing something fun with crypto. Sure, we could write more about how insurtech valuations are under fresh pressure after Hippo’s Q2 earnings report — we spoke to the company’s president yesterday; more to come — or the latest stock market movements in China. There are big rounds worth
Facebook is out with a new report collecting the most popular posts on the platform, responding to critics who believe the company is deliberately opaque about its top performing content. Facebook’s new “widely viewed content reports” will come out quarterly, reflecting most viewed top News Feed posts in the U.S. every three months — not
Databricks, the open-source data lake and data management powerhouse has been on quite a financial run lately. Today Bloomberg reported the company could be raising a new round worth at least $1.5 billion at an otherworldly $38 billion valuation. That price tag is up $10 billion from its last fundraise in February when it snagged
Patrick Frank Contributor Patrick Frank is the co-founder and COO of PatientPartner, a platform that connects pre-surgical patients with fully recovered patients who went through the same surgery. Frank has worked in consumer technology across industries including retail banking, law, real estate and healthcare. When you enter the health tech industry as a new startup,
One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B round of funding. Progressive Investment Company (the insurance giant’s investment arm) led the round, which included participation from Obvious Ventures, Foundation Capital, Core Innovation Capital and others. The financing brings
Twitter is rolling out changes its newly rebuilt API that will allow third-party developers to build tools and other solutions specifically for its audio chatroom product, Twitter Spaces. The company today announced it’s shipping new endpoints to support Spaces on the Twitter API v2, with the initial focus on enabling discovery of live or scheduled
Floods are devastating. They rip asunder communities, wipe out neighborhoods, force the evacuation of thousands of people every year and recovering from them can take years — assuming recovery is possible at all. The U.S. government estimates that floods in recent decades (exclusive of hurricanes and tropical storms) have caused an estimated $160 billion in
Accord opened up its previously announced $6 million seed round to accept over $1 million from a group of CEOs and sales leads at companies they are working with to officially launch its business-to-business sales platform. Brothers Ross and Ryan Rich co-founded the San Francisco-based company in 2019 with Wayne Pan to create a customer
It’s not even half a year since crypto exchange Bitpanda announced a $170M Series B — when, back in March, Austria’s first unicorn was being valued at $1.2 billion. Today it’s topping that: Announcing a $263M Series C, led by Peter Thiel’s Valar Ventures, with the fintech startup now valued at a whopping $4.1BN —
MobileCoin, a cryptocurrency business that counts founder Moxie Marlinspike of the encrypting messaging app Signal as its earliest technical advisor, has raised $66 million in Series B funding from a long list of investors, including Alameda Research, Berggruen Holdings, BlockTower Capital, Coinbase Ventures, Marc Benioff’s TIME Ventures, Vy Capital, and earlier backers General Catalyst and
We sometimes take for granted that most anyone who wishes to become say, an Uber driver, can do so. But that assumption is a narrow view considering there are many people who would love to earn income in that way but can’t because of lack of car ownership (and all that goes with it) —
Apeel Sciences, a food system innovation company, is out to prevent food produced globally from ending up in the landfill, especially as pressures from the global pandemic affect the food supply chain. The company just added $250 million in Series E funding, giving it a valuation of $2 billion, to speed up the availability of
Dublin-based Evervault, a developer-focused security startup which sells encryption vis API and is backed by a raft of big name investors including the likes of Sequoia, Kleiner Perkins and Index Ventures, is coming out of closed beta today — announcing open access to its encryption engine. The startup says some 3,000 developers are on its
Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced on 18 August it has raised $162 million in a Series D round of funding with a valuation of $2.7 billion. (By the way, Danggeun means carrot in Korean.) This round funding was led by DST Global, with additional participation from Aspex Management,
RaRa Delivery’s ambitious goal is to offer same-day deliveries in Indonesia without burning cash like many on-demand logistics providers. The company announced today it has raised $3.25 million in seed funding led by Sequoia Capital India’s Surge program and East Ventures. Other participants included 500 Startups, Angel Central, GK Plug and Play and angel investors
Fortnite now boasts its own version of one of the pandemic’s hottest games. Fortnite-maker Epic just introduced into the game a new limited-time mode called Impostors; it follows the hit format that sent Among Us to Twitch’s front page — and Congress — during the pandemic’s earlier days. Up to 10 people can play the
News is vital to society, but it’s also incredibly expensive to produce. As ad rates have suffered across the industry (minus a positive blip this summer), publishers have increasingly turned to paywalls to make ends meet. There’s just one problem: the open internet which allowed readers to range over the entire thought of humanity has
Growth marketing is often misconceived as a set of tactics when it’s much more: It is a process that startups need to put in place in their early days that will scale as their customer base and internal teams grow. This is where British growth agency Ascendant shines, Robyn Weatherley, head of marketing at Thirdfort,
Brazil’s startup market is reaching new heights, and its domestic stock market could benefit from the boom. According to data from KPMG, Brazilian startups raised the most capital in a single quarter in Q1 2021, when some $1.4 billion flowed into domestic technology upstarts. That record stood until the second quarter of 2021 saw $2.7
Twitter introduced a new test feature Tuesday that allows users to report misinformation they run into on the platform, flagging it to the company as “misleading.” The test will roll out starting today to most users in the U.S., Australia and South Korea. In the new test, Twitter users will be able to expand the
Among Apple’s more recent social good initiatives is the Impact Accelerator, an effort launched about a year ago intended to find and elevate minority-owned small businesses taking on sustainability and climate change. The program now has its first 15 participants, gathered from all over the country for a three-month program and a shot at an
When Salesforce acquired Slack at the end of last year for almost $28 billion, you had to figure that they had some big plans for the company, and today the CRM giant announced some initial integrations that should prove useful for Salesforce customers. Rob Seaman, SVP for Slack at Salesforce sees Slack as the communications
Enterprise Resource Planning systems have traditionally been the preserve of larger companies, but in recent years the amount of data small medium sized businesses can generate has increased to the point where even SMEs/SMBs can get into the world of ERP. And that’s especially true for online-only businesses. At the beginning of the year we
It’s no secret that Google is in the midst of a pretty massive overhaul of its Pixel division. The Pixel 6 offers the next major Hail Mary for the company’s hardware division, complete with its own custom chip, Tensor. This is not that. The new flagship won’t be available until the fall. Meantime, here’s the
Tesla founder and chief executive Elon Musk said Friday that he hopes to start producing cars at its new factory outside Berlin in October. He met with Armin Laschet, the center-right Union bloc’s candidate to succeed Angela Merkel as chancellor in next month’s election. (Source: Bloomberg)