Fundraising at the best of times is a slow process. Founders typically seek a warm introduction from someone who already knows an investor, then they start reaching out to that investor possibly even before they start fundraising. Founders have long rosters of investors they are
Lightspeed Venture Partners secured more than $4 billion across three of its funds in order to support early- and growth-stage entrepreneurs around the world. The company did not disclose the source of the funding. Here is the breakdown of how Menlo Park-based Lightspeed plans to use the
Coder, an Austin startup that is building a cloud-based development suite, has raised $30 million in Series B funding led by GGV Capital. Existing backers Uncork Capital and Redpoint Ventures also participated in the financing, along with In-Q-Tel Inc. The investment comes 11 months after Coder raised an $8.4 million Series
Retail tech startup Edited has landed $29 million in a new round of funding, the company announced Wednesday. Edited has a large amount of real-time product data, with the company tracking more than 2.5 billion products across the world. That data helps retailers track things like
Inventors with a viable product idea, but no experience in bringing it to market, now have an option for helping their idea go from design to manufacturing to shipment in as little as 100 days. Austin-based Gembah, pronounced with a long “g,” closed on a $3.28
Startups developing autonomous robots have seen their usage rise in grocery stores, warehouses and hospitals amid the COVID-19 pandemic. As a result, these companies have naturally had to expand operations to meet demand. Case in point: In the first quarter of 2020, Brain Corp. saw a 13
JPMorgan (JPM) and Wells Fargo (WFC) kicked off the Q1 earnings season for the big banks, with market participants getting spooked by management’s comments about credit quality and increasing defaults as households and businesses deal with the ongoing economic downturn. On the earnings front, JPMorgan’s Q1 earnings were
APR 13, 2020 2:49PM EDT Sales of iPhones surged 416% in March from February, to about 2.5 million units. Total handset sales were up 241% from February to 21.8 million units, though still down 23% from a year earlier. Sales of iPhones in China staged