Cambridge, Massachusetts-based cybersecurity firm Devo Technology has closed a $250 million Series E as the company hopes to ride its strong growth and disrupt the security analytics market. The new round was led by TCV, along with new investors General Atlantic and Eurazeo and existing investors Bessemer Venture Partners, Insight Partners, Georgian and Kibo Ventures. Designer clothing rental startup Rent The Runway is set to make its Nasdaq debut this week in an IPO that would value it as high as $1.5 billion. But can the business, which was pummeled during the pandemic, rebound? We look at its financials, including big questions about how it accounts for some of its biggest costs.
It’s time to invest in Southeast Asia’s tech ecosystem
Investors and entrepreneurs alike are looking beyond tech mecca Silicon Valley for a slice of the startup pie in Southeast Asia, a region in which tech startups raised an impressive $8.2 billion just last year, writes Omnilytics CEO Kendrick Wong in this guest commentary.
Thrasio Holdings raises $1B Series D, TIER scoots off with $200M
Boston-based Thrasio Holdings announced the initial closing of a $1 billion Series D. The round was led by Silver Lake alongside existing investor Advent International. In other news, Berlin-based e-scooter company TIER raised $200 million in a Series D funding round led by SoftBank Vision Fund 2 and Mubadala Capital.
The buzz around Florida startup growth isn’t just hype
Florida companies have raised just over $1 billion in early-stage funding so far this year, our data shows. That’s nearly quadruple the sum raised in all of 2020, and comes as other investment stages are also posting gains. What’s behind the momentum? We look at the factors driving the Sunshine State’s diverse and fast-growing startup scene.
Starter, Pro, or Enterprise? Find the right Crunchbase plan for you
Are you a salesperson? Job-seeker? Entrepreneur? Investor? No matter your title, every professional has a unique set of goals and deals to win. In this guide, we’ve summarized key features included in Crunchbase Starter, Pro, and Enterprise to help you uncover the right opportunities as fast as possible.
Source : Crunchbase
