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GitLab has confirmed with TechCrunch that it oversaw a $195 million secondary sale that values the company at $6 billion. CNBC broke the story earlier today. The company’s impressive valuation comes after its most recent 2019 Series E in which ...
Read More »Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more
Some time ago, I gave up on the idea of finding a thread that connects each story in the weekly Extra Crunch roundup; there are no unified theories of technology news. The stories that left the deepest impression were related ...
Read More »GitLab raises $195M in secondary funding on $6B valuation
GitLab has confirmed with TechCrunch that it raised a $195 million secondary round on a $6 billion valuation. CNBC broke the story earlier today.
The company’s impressive valuation comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an Read More
Read More »Corporate credit card platform Moss raises $25.5 million
German startup Moss has raised a $25.5 million (€21 million) funding round led by Valar Ventures. Existing investors Cherry Ventures and Global Founders Capital are also participating. Moss provides credit cards and a spending platform to small and medium businesses in Germany.
The company has developed its own risk engine Read More
Read More »Everlywell raises $75M from HealthQuest Capital following its recent $175M Series D round
At-home health testing kit startup Everlywell has raised $75 million, following the close of the $175 million Series D it announced in December. The new funding comes from HealthQuest Capital, and sees the fund’s founder and managing partners Dr. Garheng Kong join the company’s board of directors. The new funding Read More
Read More »Rapid growth in 2020 reveals OKR software market’s untapped potential
Last year, a number of startups building OKR-focused software raised lots of venture capital, drawing TechCrunch’s attention.
Why is everyone making software that measures objectives and key results? we wondered with tongue in cheek. After all, how big could the OKR software market really be?
It’s a sub-niche of corporate planning Read More
Read More »Bumble files to go public
The dating and networking service Bumble has filed to go public.
The company, launched by a former co-founder of the IAC-owned Tinder, plans to list its share on the Nasdaq stock exchange, using the ticker symbol “BMBL.” Bumble’s planned IPO was first reported in December.
Tracy Chou launches Block Party to combat online harassment and abuse
Block Party, an anti-harassment startup that aims to help folks feel safer on social media founded by Tracy Chou, launched today. Currently only available for Twitter, Block Party helps people filter out the content they don’t want to see and into what Block Party calls the Lockout Folder. That’s Read More
Read More »Digital road freight forwarder Sennder raises $160M Series, plans European expansion
Sennder, a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. The round was led by an unnamed party, but round participants included Accel, Lakestar, HV Capital, Project A and Scania. Sources say Hedosophia may be the unnamed growth investor, Read More
Read More »Accel Partners heads down to Georgia to invest in DecisionLink, leading an $18.5 million round
DecisionLink, an Atlanta-based company that provides software for cost-benefit analyses of business services from a customer’s perspective, has managed to woo one of Silicon Valley’s top venture firms to invest in its latest $18.5 million round of funding.
Accel Partners has a longstanding reputation as one of the Read More
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