Fundings and exits
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M17 sells its online dating assets to focus on live
M17 Entertainment announced today that it has sold its online dating assets to focus on its core live streaming business in Asia and other markets. Paktor Pte, which operates Paktor dating app and other services, was acquired by Kollective Ventures, a venture capital advisory firm. The value of the More
Clubhouse proves that time is a flat circle
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.First, a big thanks to everyone who took part in the Equity survey, we really appreciated your notes and thoughts. The crew is chewing over what you said now, and we’ll roll up the More
Skyflow raises $7.5M to build its privacy API business
Skyflow, a Mountain View-based privacy API company, announced this morning that it has closed a $7.5 million round of capital it describes as a seed investment. Foundation Capital’s Ashu Garg led the round, with the company touting smaller checks from Jeff Immelt (former GE CEO) and Jonathan Bush (former AthenaHealth More
Human Interest tacks on $10M more to its Series C
The COVID-19 pandemic is making life worse for many startups, but not all. Those benefiting are often taking advantage of the market updraft to add more capital to their accounts. Robinhood, for example, saw usage of its consumer fintech product rise rapidly. Then the company raised a Series F worth More
Verizon wraps up BlueJeans acquisition lickety split
When Verizon (which owns this publication) announced it was buying video conferencing company BlueJeans for around $500 million last month, you probably thought it was going take awhile to bake, but the companies announced today that they has closed the deal.While it’s crystal clear that video conferencing is a hot More
Cathay Innovation raises $550M for its second global VC fund
With the global economy still sorting itself out in the face of the pandemic, we’re hearing about fewer new venture capital funds these days. However, today is an exception, as Cathay Innovation has raised a $550 million second fund, which is about double the size of its first fund and, More