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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)
June 24, 2022
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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)
June 24, 2022
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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)
June 24, 2022
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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)
June 24, 2022
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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)
June 24, 2022
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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)
June 24, 2022
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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)
June 24, 2022
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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)
June 24, 2022
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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)
June 24, 2022
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Indian online beauty products retailer Purplle raises a $75M Series E led by Kedaara Capital at a $630M valuation (Saritha Rai/Bloomberg)
June 24, 2022
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