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Meet Utah’s next unicorn

Meet Utah’s next unicorn Weave, a developer of patient communications software focused on the dental and optometry market, was the first Utah-headquartered company to graduate from Y Combinator in 2014. Now, it’s poised to enter a small but growing class startups in the ‘Silicon Slopes’ to garner ‘unicorn’ status. The business announced […]

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Tiger Global values people management tool Lattice at ~$200M

Tiger Global values people management tool Lattice at ~0M The secretive New York-based hedge fund Tiger Global Management has led a $25 million Series C investment in Lattice, an employee performance and engagement management tool, with participation from the startup’s existing investors. The round, which values Lattice in the ballpark of $200 […]

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India’s NoBroker raises $50M to help people buy and rent without real estate brokers

India’s NoBroker raises M to help people buy and rent without real estate brokers An Indian startup that is attempting to improve the way how people in the nation rent or buy an apartment by not paying any brokerage just raised a significant amount of capital to further expand its business. NoBroker […]

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Splunk acquires cloud monitoring service SignalFx for $1.05B

Splunk acquires cloud monitoring service SignalFx for .05B Splunk, the publicly traded data processing and analytics company, today announced that it has acquired SignalFx for a total price of about $1.05 billion. Approximately 60 percent of this will be in cash and 40 percent in Splunk common stock. The companies expect the […]

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UrbanClap, India’s largest home services startup, raises $75M

UrbanClap, India’s largest home services startup, raises M UrbanClap, a marketplace for freelance labor in India and the UAE, has raised $75 million in a new financing round to expand its business. The Series E round for the four-and-a-half-year old India-based startup was led Tiger Global. Existing investors Steadview Capital, which led the […]

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A rare glimpse into the sweeping — and potentially troubling — cloud kitchens trend

A rare glimpse into the sweeping — and potentially troubling — cloud kitchens trend Independent restaurant owners may be doomed, and perhaps grocery stores, too. Such is the conclusion of a growing chorus of observers who’ve been closely watching a new and powerful trend gain strength: that of cloud kitchens, or fully […]

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Startups Weekly: The Peloton IPO (bull vs. bear)

Startups Weekly: The Peloton IPO (bull vs. bear) Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s noteworthy venture capital deals, funds and trends. Before I dive into this week’s topic, let’s catch up a bit. Last week, I wrote about the proliferation of […]

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Pi Day wasn’t pleasant for a lot of tech execs

Pi Day wasn’t pleasant for a lot of tech execs Pi Day is apparently New Job day for tech execs and VCs these days. Leaving: Lee Fixel It’s not every day that one of the top VC investors heads out from their shop. TechCrunch’s @cookie aka Connie Loizos has the story: Lee […]

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Lee Fixel is leaving Tiger Global

Lee Fixel is leaving Tiger Global Lee Fixel, the low-flying head of Tiger Global’s private equity business, is leaving at the end of June, the firm announced today in a letter sent to clients and seen by Reuters. Scott Shleifer and Chase Coleman will continue as co-managers of the portfolios Fixel has […]

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Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke

Tiger Global and Ant Financial lead 0M investment in China’s shared housing startup Danke A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning […]

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