Cybersecurity Firm Darktrace Grabs $65m Investment Round

Darktrace, a U.K.-based cybersecurity company, has raised a $65 million investment round led by KKR with participation from Softbank Group. Ten Eleven and Summit Partners were also included in the funding round,…

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Thrive MarketThrive Market

Thrive Market Secures $111m in Funding

Thrive Market, an online marketplace for healthy foods, has raised $111 million in a new round of financing led by Invus. Greycroft Partners, E-Ventures and Cross Culture Ventures, all previous investors in…

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Eco-Automaker Riversimple Launches U.K. Hydrogen Car Trial

Welsh eco-friendly carmaker Riversimple has launched a trial of its hydrogen-powered Rasa model in its home country. The firm, which is currently crowdfunding to match a $2.2 million EU grant, will trial…

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In Kabul, Three Generations of Startups Make Plans for a Future without Donors

In 2005, when Farshid Ghyasi founded NETLINKS, Afghanistan barely knew IT. The market, he generously says, was “virgin…there were no players.” It doesn’t take a Silicon Valley VC to know that founding…

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Uber Seeks to Raise Up to $2bn in Leveraged Loan Market

Uber is looking for more cash, just weeks after raising $3.5 billion from Saudi Arabia. The ride hailing app is turning to the leveraged-loan market for funding this time, and has hired…

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Red Herring Crowns Top 100 North America Winners

The Red Herring Top 100 North America event came to a close in Newport Beach last week, as the best and brightest of North American startups were honored. The two-day conference featured…

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Didi ChuxingDidi Chuxing

Didi Chuxing Grabs $600m

Chinese car-hailing app Didi Chuxing has raised more than $600 million in funding from China Life Insurance. The investment comes at a time when Didi Chuxing is locked in a battle with…

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SMS AssistSMS Assist

SMS Assist Raises $150m at $1bn Valuation

Property management company SMS Assist has secured a $150 million Series D funding round from Goldman Sachs Investment Partners. The funding puts a $1 billion valuation on SMS Assist, which allows property…

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Funding and Valuations Dominate Debate at Red Herring Top 100 North America

Getting funded, the state of the market and sky high valuations were just a few of the topics discussed and debated as the Red Herring Top 100 North America conference began in…

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Surrounded by Security, Afghanistan’s First Coworking Space Aims High

Few tech hubs are hidden behind concrete blast walls, barbed wire and a team of gun-toting security guards. There again this is Kabul’s – and Afghanistan’s – first ever coworking space. Berlin…

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