In the same way that PayPal and Stripe radically changed online payments by allowing any online service to embed payments, the race is on to have the same impact on crypto assets. To this end, players such as Wyre (raised $29.1M) and MoonPay (raised $555M) have risen to the fore. But in the Summer of […]
The era of ultra-rich software valuations could be behind us
Put simply: If the tech companies with the richest valuations were dragged closer to a 20x multiple, it would slash the worth of nearly every tech company, period.
E-commerce marketplace The List checks off new funding, new app
The new app is an extension of The List’s e-commerce marketplace, merging content, social networking and live commerce.
Cequence adds $60M Series C to improve API security
When we last checked in with Cequence Security in February 2019, the company had just closed a $17 million Series B and was concentrating on security to protect business logic. While it still does that, it has shifted focus to API security, and today it announced a $60 million Series C. Menlo Ventures led the latest […]
Samsara prices at top of range, crashes through $10B valuation mark in public debut
We have 72% growth, 70% gross margins, nine-figure revenues and a 27x multiplier. There’s more to be said, but perhaps this begins a slightly more conservative pricing regime for software companies.
Forethought nabs $65M Series C to improve customer service with AI
In 2018, Forethought, a startup looking to put AI to work across customer service, won the TechCrunch Disrupt Battlefield and soon after landed a $9 million Series A. Well, three years later that company just landed a $65 million Series C, and it’s rolling along. Steadfast Capital led the latest round with participation from existing […]
Cylus raises $30M Series B to help protect trains and metros worldwide
As rail systems undergo a digital revolution and become far more connected and advanced, railway operators face a rapidly growing threat landscape. To combat this, railway companies demand more robust cyber solutions and lawmakers across the globe call for more effective cybersecurity regulations. Cylus, a Tel Aviv-based rail cybersecurity startup, built a cybersecurity solution, CylusOne, […]
Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia
Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million. The […]
Gillmor Gang: Beatlesverse
Well, it turns out the Beatles didn’t get broken up by Yoko after all. But Peter Jackson may have gotten closer. His Get Back movie seemed to be so far over the top that even Beatlemaniacs like myself had had enough. But no. On this edition of the Gang, we still can’t stop talking about […]
The US Patent and Trademark Office should act now to catalyze innovation
Patent trolls should not have the upper hand over American innovators for one day longer than necessary.