Andreessen Horowitz is the lead investor in TransferWise, a London-based online currency exchange. A16z was joined in the $58 million round by existing backers IA Ventures, Valar Ventures, Index Ventures, Seedcamp, and Richard Branson.
Google is in discussions to acquire Softcard, a payments joint venture between AT&T, Verizon, and T-Mobile.
Button, a startup aiming to connect apps, has raised a $12 million Series A round led by Redpoint Ventures.
You won’t hear many of Bucharest’s entrepreneurs extolling the virtues of communism. But it’s Romania’s 42 years as a socialist republic that have – at least in part – helped it become…
Ride-hailing company Uber has closed $1.6 billion in convertible debt from clients of Goldman Sach’s private wealth arm. The New York Times reports that the startup will raise another $600 million in…
Elon Musk’s space exploration company SpaceX has raised $1 billion in financing from two new investors, Google and Fidelity.
Founded by former NASA scientists to launch image capturing satellites, Planet Labs has secured $25 million in debt financing from Western Technology Investment to bring total funding (debt and equity) to $160.1 million.
Etsy, an online marketplace for vintage and handcrafted items like typewriters and jewelry, is reportedly looking to raise $300 million, and could do so within the next few months.
ClassPass, a fitness subscription service, has secured $40 million in Series B funding led by General Catalyst and Thrive Capital.
The similarities between Moovit and Waze are obvious: crowdsourced traffic information platforms originally founded in Israel.