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Tanium Raises $200m at $6.5bn Valuation; Shelves IPO

October 2, 2018

Cybersecurity firm Tanium has raised $200 million in a funding round that values the Emeryville, California startup at $6.5bn. It will use the money to pay out employees and early investors, staving…

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California Passes Net Neutrality Law – and Government Immediately Sues

September 30, 2018

Within hours of California governor Jerry Brown’s signing of state net neutrality protections, the US Department of Justice (DOJ) announced that it will file a lawsuit. The new regulation, enacted Sunday, prevents…

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Don’t Mock the Space Force – It’s Good Science (and Business)

September 25, 2018

Predictably, in the two months since US Vice President Mike Pence announced White House plans to form a new “Space Force” to police the heavens, much online talk has focused on the…

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Investigative Journalism Startup The Markup Gets $20m from Craigslist Founder

September 23, 2018

Investigative journalism nonprofit The Markup, founded by two of the field’s most celebrated professionals, has won a $20 million from seasoned backers including Craigslist’s Craig Newmark. The brand, launched by ProPublica investigative…

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Google Tries to Contain Employee Fury over Censored China Search Engine

August 6, 2018

Google has locked employees out of sensitive documents, as it faces an employee backlash over its highly secretive plans to unveil a censored search engine for China. The outrage, reported by The Intercept,…

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Autodesk Buys Assemble Systems to Strengthen its Construction Tech Service

July 9, 2018

Modeling software company Autodesk has acquired BIM (building information modeling) platform Assemble Systems, as the former aims to bolster its offering for the construction industry. The deal – financial details of which…

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Five Top New York City VC Firms

June 27, 2018

Silicon Valley is still the king of American venture capital: last year the San Francisco-Oakland-Hayward, CA metro area contributed just over $23 billion, or 34.13%, of the nation’s entire VC spending. While…

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Scooter Firm Bird to Hit $2bn Value with Huge Funding Round

June 12, 2018

Electric scooter startup Bird is on the verge of a $2 billion valuation, as it prepares to close a $300m funding round. The Venice, CA-headquartered company, which has already raised $115m, will…

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Amazon Bites Back at Police Face Recognition Critics

May 22, 2018

Amazon has defended the use of its Amazon Web Services (AWS) technology to power US police facial recognition platforms, amid concern the firm is underpinning “authoritarian” policing techniques. An open letter signed…

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Alphabet Posts Strong Quarterly Profits on Advertising Boost

April 24, 2018

Google’s parent company Alphabet has reported a huge profit increase in its latest quarterly earnings report, as it continues to corner the digital advertising market. The Mountain View-headquartered firm, which appears to…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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