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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

5 years 1 month ago
Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast-forward to almost exactly one year later and a lot has changed for the payments and software startup. Today, SpotOn said it has closed on $300 million in Series E financing […]
Mary Ann Azevedo

Only one week until TechCrunch Disrupt 2021 opens a world of opportunity

5 years 1 month ago
One. More. Week. Just seven days until more than 10,000 people around the world storm the internet to attend TechCrunch Disrupt 2021 on September 21-23. We’re talking three event- and programming-packed days focused on anything — and everything — related to early-stage tech startups. You’ll hear from iconic founders, unicorn makers, boundary-benders — all of […]
Alexandra Ames

JumpCloud raises $159M on $2.56B valuation for cloud directory tool

5 years 1 month ago
JumpCloud, the late-stage startup that is modernizing the notion of corporate directories in a cloud context, announced a $159 million Series F investment on a healthy $2.56 billion valuation today. Sapphire Ventures led the round with new investors participating, including Owl Rock, Whale Rock Capital, Sands Capital and Endeavor Catalyst, along with existing investors General […]
Ron Miller

Equity Monday: Market pessimism, new iPhones and IPOs

5 years 1 month 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

Dutch court finds Uber drivers are employees

5 years 1 month ago
Uber has lost another legal challenge in Europe over the employment status of drivers: The Court of Amsterdam, in the Netherlands, has ruled that drivers for Uber are employed, rather than self-employed contractors. The court also found drivers are covered by an existing collective labor agreement in the country — which pertains to taxi drivers […]
Natasha Lomas

Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA

5 years 1 month ago
Funding startups that help manufacturers and sellers distribute products and merchants access them on a single platform keeps increasing across Africa. Today, Cairo-based B2B e-commerce startup Capiter continues that trend by raising a $33 million Series A round. The investment was co-led by Quona Capital and MSA Capital. Other participating investors include Savola, Shorooq Partners, […]
Tage Kene-Okafor

Chinese crackdown on tech giants threatens its cloud market growth

5 years 1 month ago
As Chinese tech companies come under regulatory scrutiny at home, concerns and pressures are escalating among investors and domestic tech companies including China’s four big cloud companies, BATH (Baidu AI, Alibaba Cloud, Tencent Cloud and Huawei Cloud), according to an analyst report. Despite a series of antitrust and internet-related regulation crackdowns, the four leading cloud […]
Kate Park

Technology giant Olympus hit by BlackMatter ransomware

5 years 1 month ago
Olympus said in a brief statement Sunday that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon detection of suspicious activity, we immediately mobilized a specialized response team including forensics experts, and we are currently working with the highest priority to resolve this issue. As part […]
Zack Whittaker

With sales momentum, Bookshop.org looks to future in its fight with Amazon

5 years 1 month ago
If Gutenberg were alive today, he’d be a very busy angel investor. With book sales booming during the COVID-19 lockdowns last year, the humble written word has suddenly drawn the limelight from VCs and founders. We’ve seen a whole cavalcade of new products and fundings, including algorithmic recommendation engine BingeBooks, book club startups like Literati […]
Danny Crichton
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