Fundings and Exits

Yubico, the company behind the increasingly popular YubiKey two-factor authentication key, has raised a $30 million funding round. This marks the first major institutional funding round for Yubico, which had previously only raised $4.5 million from angel investors. New investors include New Enterprise Associates, the Valley Fund and Bure, a major growth equity firm from Sweden. Existing
Addepar, the provider of data collection and monitoring services for the financial industry (it’s Palantir’s somewhat less ethically compromised cousin), has raised a whopping $140 million in its latest round of funding. The company’s financing, which likely makes it a unicorn if it wasn’t already (company chief executive Eric Poirier refused to comment on the
So far, 2017 is shaping up to be a pretty good year for technology unicorns. Private investors are minting about one new unicorn a week this year, roughly the same pace as 2016. More existing unicorns are going public. And for those remaining private, capital continues to flow in while disclosed valuations are mostly holding
NTT Data, the large Tokyo-based global IT services provider, today announced that it has made a strategic investment in database provider MarkLogic. The two companies declined to reveal the size of the investment, but Dave Ponzini, MarkLogic’s EVP of Marketing and Corporate Development, tells me it was “not a huge amount but not an insignificant amount
Daily fantasy sports are too complicated for the average fan. Or at least that’s the thesis behind Boom Fantasy, a daily fantasy sports experience designed for the everyday sports fan. Instead of sorting through thousands of players to craft lineups from scratch, Boom Fantasy players answer a series of simple questions – like “who will
Magicpin, an India-based company that combines elements of Foursquare with offline-to-online services, has closed a $7 million Series B round. The money comes from existing backers Lightspeed India Partners, Westbridge and undisclosed overseas investors, and it takes the startup past $10 million raised to date. The two-year-old company was founded by former Lightspeed investor Anshoo Sharma
Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: 2017 is miles ahead of 2016 when it comes to IPOs. Instead of the mere two tech IPOs we had this time last year, there have been at least 10, depending on what you count
The tech industry is opening its eyes to the possibilities of raising money using cryptocurrencies like bitcoin and Ethereum through ‘initial coin offerings,’ and it’s about to see the first ICO from a major venture-backed company. Last week, Kik, a messaging app popular with young people in North America, announced an ambitious plan to launch its own currency
The makers of Epic!, one of many apps jockeying to become a “Netflix for books,” have raised $8 million in a round led by Reach Capital, the education-specialized venture firm. Additional investors in the Series C included TransLink Capital, Rakuten Ventures, Menlo Ventures, WI Harper, Brighteye Ventures and Innovation Endeavors. Epic! at its core is an on-demand
Naspers has taken a bite out of yet another food delivery startup, with its commitment to lead and $80 million investment in the Indian online ordering and food delivery startup, Swiggy. The global internet and entertainment conglomerate has invested in several online food ordering and delivery companies worldwide, including the Brazilian company iFood and, in Mexico, SinDelantal. Earlier