Day: June 24, 2022

tech

Savings and investing app Acorns raises a $300M Series F at a nearly $2B valuation led by TPG, six weeks after shelving its SPAC plans (Mary Ann Azevedo/TechCrunch)

 Mary Ann Azevedo / TechCrunch: Savings and investing app Acorns raises a $300M Series F at a nearly $2B...
tech

Headway, which helps connect therapists with people and acceptable insurance coverage in the US, raises $70M Series B led by a16z at a $750M valuation (Ingrid Lunden/TechCrunch)

 Ingrid Lunden / TechCrunch: Headway, which helps connect therapists with people and acceptable insurance coverage in the US, raises...
tech

Commsor, which gives companies insights about employees using data from tools like Slack and GitHub, raises $16M Series A at a valuation “well north of $100M” (Paul Sawers/VentureBeat)

 Paul Sawers / VentureBeat: Commsor, which gives companies insights about employees using data from tools like Slack and GitHub,...
tech

Despite a wave of complaints, pushback from top universities, lawsuits, and accusations of bias, Proctorio’s client list grew over 500% from 2019 to 2021 (Nora Caplan-Bricker/New Yorker)

 Nora Caplan-Bricker / New Yorker: Despite a wave of complaints, pushback from top universities, lawsuits, and accusations of bias,...
tech

Netflix UK reports revenue of £172M in 2020, up 43% YoY, and pre-tax profits of £19.4M, up 50% YoY, and ~2M new subscribers, for an estimated total of 13M (Mark Sweney/The Guardian)

 Mark Sweney / The Guardian: Netflix UK reports revenue of £172M in 2020, up 43% YoY, and pre-tax profits...
tech

Blackstone has agreed to buy and take private QTS Realty Trust, one of the world’s largest data center providers, for $10B (Yevgeniy Sverdlik/Data Center Knowledge)

 Yevgeniy Sverdlik / Data Center Knowledge: Blackstone has agreed to buy and take private QTS Realty Trust, one of...
tech

HiveWatch, which uses sensors and AI to help companies improve physical security, raises a $20M Series A led by Dick Costolo and Adam Bain (Carly Page/TechCrunch)

 Carly Page / TechCrunch: HiveWatch, which uses sensors and AI to help companies improve physical security, raises a $20M...
tech

Austin has been a top destination for tech workers leaving CA during Covid, and residents are concerned about how the new wave is affecting city’s culture (Lizette Chapman/Bloomberg)

 Lizette Chapman / Bloomberg: Austin has been a top destination for tech workers leaving CA during Covid, and residents...
tech

Walmart says it is investing in GM’s self-driving unit Cruise, bringing its latest round to $2.75B, up from $2B in January when Microsoft invested (Matthew Boyle/Bloomberg)

 Matthew Boyle / Bloomberg: Walmart says it is investing in GM’s self-driving unit Cruise, bringing its latest round to...
tech

Indian online beauty products retailer Purplle raises a $75M Series E led by Kedaara Capital at a $630M valuation (Saritha Rai/Bloomberg)

 Saritha Rai / Bloomberg: Indian online beauty products retailer Purplle raises a $75M Series E led by Kedaara Capital...