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Equity Monday: Zoom buys Five9 as Robinhood sets IPO price range

5 years 2 months ago
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 weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Alex Wilhelm

Kdan Mobile gets $16M Series B for its cloud-based content and productivity tools

5 years 2 months ago
Kdan Mobile, a company that provides a wide range of cloud-based software, including AI-based tech for organizing documents, has raised a $16 million Series B. The round was led by South Korea-based Dattoz Partners, which will also take a seat on Kdan Mobile, and included participation from WI Harper Group, Taiwania Capital and Golden Asia […]
Catherine Shu

US blames China for Exchange server hacks and ransomware attacks

5 years 2 months ago
The Biden administration and its allies has formally accused China of the mass-hacking of Microsoft Exchange servers earlier this year, which prompted the FBI to intervene as concerns rose that the hacks could lead to widespread destruction. The mass-hacking campaign targeted Microsoft Exchange email servers with four previously undiscovered vulnerabilities that allowed the hackers — […]
Zack Whittaker

How one founder pivoted a startup designed for in-person interaction in light of the pandemic

5 years 2 months ago
When Ashley Sumner designed and launched Quilt, it was meant to be a response to digital social networking, preferring creating authentic in-person interactions between people who didn’t necessarily know each other before. The app would match members for in-person conversations and informal meetups in their own homes — but when COVID-19 arrived, the fundamentals of […]
Darrell Etherington

India’s GlobalBees raises $150 million to build Thrasio-like house of brands

5 years 2 months ago
The universe of Indian firms attempting to replicate Thrasio’s success in the world’s second largest internet market just got bigger. Three-month-old GlobalBees said on Monday it has raised $150 million in a Series A financing round led by FirstCry. Lightspeed Venture Partners also invested in the new financing round, which is $75 million in equity […]
Manish Singh

Blackstone acquires majority stake in Simplilearn for $250 million

5 years 2 months ago
Blackstone is acquiring a majority stake in Bangalore and San Francisco-headquartered edtech startup Simplilearn for $250 million. Simplilearn operates an eponymous online bootcamp to help people learn data science, AI, machine learning, cloud computing and other skills that are in demand in the market. The startup has partnerships with several universities and colleges including IIT […]
Manish Singh

Lenskart valued at $2.5 billion following $220 million investment from Temasek and Falcon Edge Capital

5 years 2 months ago
Temasek and Falcon Edge Capital have led a $220 million investment in Indian omni-channel eyewear retailer Lenskart, valuing the Bangalore-based startup at $2.5 billion. The new investment, which includes primary and secondary transactions, is part of a new round Lenskart unveiled a month ago when it raised $95 million from global investment fund KKR. Bay […]
Manish Singh

Zoom buys cloud call center firm Five9 for $14.7 billion

5 years 2 months ago
Zoom is taking advantage of the impressive rise in its stock price in the past year to make its first major acquisition. The popular video conferencing firm, which was valued at about $9 billion at its IPO two years ago, said Sunday evening it has agreed a deal to buy cloud call centre service provider […]
Manish Singh

Kamereo gets $4.6M to connect farmers and F&B businesses in Vietnam

5 years 2 months ago
While working as the chief operating officer of a pizza chain in Vietnam, Taku Tanaka saw how difficult it is for restaurants to connect with farmers. Many small F&B businesses can’t buy in large volumes, so they rely on nearby markets or multiple suppliers who only sell one category. In turn, this means farmers are […]
Catherine Shu

Gillmor Gang: Catching Up

5 years 2 months ago
As the pandemic dwindled enough to get in our car with dogs, SiriusXM, and our children in the rear view mirror, we drove to South Carolina. Tina had endured the last year and almost another half while her mother languished with aging pets, her husband in a facility, and eventually his death. As the miles […]
Steve Gillmor

The end of open source?

5 years 2 months ago
Though exploit development and disclosure is often messy, running technically complex "red team" programs against the world's biggest and most important open-source project feels a little extra.
Annie Siebert

All eyes are on India’s brightest Zomato

5 years 2 months ago
Relevance is often tied to rarity. As a result, the first anything — whether a birthday, scientific feat or female vice president — comes with its own weight. Whether that pressure is warranted is a discussion in and of itself, but today, we’ll focus on the ripple effects of India’s first unicorn IPO: Zomato. Food […]
Natasha Mascarenhas

VanMoof X3 e-bike review: Transportation revelation

5 years 2 months ago
Like some of the best consumer tech from the last decade, I didn’t know I needed an e-bike until I was on one, breezing down the bike lane contemplating my newfound freedom. Before buying a Nintendo Switch, I would have never guessed how much a candy-colored gaming console that I could pop out of a […]
Taylor Hatmaker
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