Stripe has made its second investment in India, just days after disclosing the first. One of the world’s most valuable startups has backed Bangalore-based SaaS fintech firm Clear, the two said Sunday evening. The 10-year-old Indian startup, formerly known as ClearTax, said it has raised $75 million in its Series C funding. The round was […]
TechCrunch+ roundup: Slashing technical debt, IPO analysis, your first comms hire
Early-stage entrepreneurs eager to ship usually spend more time calculating their startup’s burn rate than selecting an optimal development environment. As a result, technical debt can accumulate.
Citcon raises $30M to make paying with mobile wallets ‘as easy as paying with a credit card’
Citcon, a mobile wallet payment provider, has closed on $30 million in funding in a Series C round co-led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the financing, which brings San Jose-based Citcon’s total raised since its 2015 inception to nearly $50 million. Citcon’s mission is straightforward: to […]
Jaguar Ventures roars into its next phase with name change, new fund
The new fund will enable Wollef to finally write the larger checks they weren’t able to with their previous funds.
Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies
The company intends to build out several SaaS applications and is poised to roll out its first two modules for revenue and accounts receivables by the end of the year.
Brex just signed a term sheet for $300M at a $12.3B valuation
Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with the deal. The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has been signed), said corporate […]
Red Hat continues to grow, but IBM’s struggles continue
IBM has been in the midst of a strategy shift with a focus on hybrid cloud and AI since Arvind Krishna was promoted to CEO in last year. Red Hat, the software company it purchased for $34 billion in 2018 has been at the center of it all. With the company reporting earnings yesterday, the […]
Potential winners and losers line up as Plaid pushes deeper into payments
So now Plaid says it’s a payments company. It was only a matter of time, really.
Lessons from founders raising their first round in a bull market
In a bull market, it’s especially hard to understand people and their value systems. The pandemic does not help us engage, understand culture nor help build a human connection.
Mission-driven ventures are growing fast during the pandemic
You’ve heard of SPACs, meme stocks and buy now, pay later, but have you heard of the LTSE, First Women’s Bank and Upsolve?