Avvo raises $71.5m for legal marketplace

Legal marketplace Avvo has announced a $71.5 million funding round led by Technology Crossover Ventures. Vulcan Capital and Coatue also participated in the funding, which will be used for hiring, marketing and…

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Stripe valued at $5bn following latest funding round

Online payments company Stripe has raised new funding valuing the company at $5 billion. Stripe declined to reveal the amount raised, but investors include Visa and Kleiner Perkins Caufield & Byers. The…

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DraftKings raises $300m at reported $1.2bn valuation

Daily fantasy sports website DraftKings has raised $300 million in new funding, led by 21st Century Fox’s Fox Sports. The funding round reportedly values DraftKings at $1.2 billion. Re/Code reports that Fox…

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Brainly gets smart with Poland’s education boom

In 2009 few leading VCs noticed the appearance of, a Polish website aiming to connect students with each other, working mutually to complete their schoolwork. Today the firm – rebranded as…

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Israeli startups given helping hand for U.S. expansion

Israel boasts some of the best technology talent in the world, as proven by some of the astonishingly successful startups coming out of the country. But Israeli entrepreneurs all face the same…

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Realty MogulRealty Mogul grabs $35m Series B round, a marketplace for real estate investing, has raised $35 million in Series B financing led by Sorenson Capital. Canaan Partners, which led the company’s Series A round, also participated. RealtyMogul plans…

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As Grexit D-Day approaches, can startups weather the storm?

Alexis Tzipras, the Greek prime minister, has until midnight tomorrow to keep his country in the euro zone. A deal, wrangled after a Greek referendum and intense talks, will force Greece to…

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CrowdStrike secures $100m funding round led by Google Capital

Cybersecurity startup CrowdStrike has raised a $100 million Series C funding round led by Google Capital. Accel, Rackspace and Warburg Pincus also invested. The company has now raised a total of $156…

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From downed tools to tablets: how tech is reinvigorating Armenia

Of all the former Soviet satellites, Armenia, a tiny, landlocked nation of under three million people, blockaded by its neighbors and ravaged by exoduses, genocide and a recent war, might not seem…

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BitFury Group secures $20m funding round

BitFury Group, a Bitcoin Blockchain infrastructure provider and transaction processing company, has raised $20 million in funding.  DRW Venture Capital, iTech Capital and Georgian Co-Investment Fund participated in the investment round. The…

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