Tag: Andreessen Horowitz

All I want for Christmas are these kitschy VC trading cards

Just kidding. Please don’t buy me these collectible trading cards featuring Silicon Valley venture capitalists for Christmas. But if you are in the market for a gift for a VC — or aspiring VC — they’d probably appreciate a set. Yes, they really exist! TouchBase is selling a line of the VC trading

Mexican venture firm ALL VP has a $73 million first close on its latest fund

Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Brazilian-based pan-Latin American announced the close of its $150 million latest fund comes word from our sources that ALL VP, the

Corporate travel startup TripActions raises $154M at $1B valuation

TripActions, one of the most well-capitalized travel startups in Silicon Valley, has raised yet another round of capital valuing the corporate travel manager at more than $1 billion. Andreessen Horowitz co-founder Ben Horowitz will join TripActions’ board of directors as part of the startup’s $154 million in Series C funding. Lightspeed

Coinbase is now valued at $7B after closing new $300M round

Crypto exchange Coinbase says it is now valued at over $8 billion after it closed a new $300 million round of funding. The U.S. company said this Series E investment was led by Tiger Global with participation from Y Combinator — via its Continuity fund — in addition to Wellington Management,

With $300M in new funding, Devoted Health launches its Medicare Advantage plan in Florida

Devoted Health, a Waltham, Mass.-based insurance startup, has raised a $300 million Series B and began enrolling members in eight Florida counties to its Medicare Advantage plan. The company, which helps Medicare beneficiaries access care through its network of physicians and tech-enabled healthcare platform, has raised the funds from lead investor

Instacart raises another $600M at a $7.6B valuation

Instacart chief executive officer Apoorva Mehta wants every household in the U.S. to use Instacart, a grocery delivery service that allows shoppers to order from more than 300 retailers, including Kroger, Costco, Walmart and Sam’s Club, using its mobile app. Today, the company is taking a big leap toward that

Cratejoy sheds 60% of its workforce amid restructuring effort

Cratejoy, a startup that runs a marketplace for subscription businesses and helps founders launch and scale their own subscription box services, has laid off 18 members of its 43-person team. The company’s co-founder and chief executive officer Amir Elaguizy confirmed the lay-offs to TechCrunch. He says the cuts are part

PagerDuty raises $90M to wake up more engineers in the middle of the night

PagerDuty, the popular service that helps businesses monitor their tech stacks, manage incidents and alert engineers when things go sideways, today announced that it has raised a $90 million Series D round at a valuation of $1.3 billion. With this, PagerDuty, which was founded in 2009, has now raised well

DFINITY raises $102M from a16z and Polychain for a decentralised ‘Internet Computer’ to rival AWS

Since blockchain technology appeared, there has been a persistent problem in its development: how to make it scale to billions of users. Bitcoin was famously never really designed for this, and today other platforms like Ethereum are also struggling. If you could crack this problem, the thinking goes, you’d end

Very Good Security makes data ‘unhackable’ with $8.5M from Andreessen

“You can’t hack what isn’t there,” Very Good Security co-founder Mahmoud Abdelkader tells me. His startup assumes the liability of storing sensitive data for other companies, substituting dummy credit card or Social Security numbers for the real ones. Then when the data needs to be moved or operated on, VGS