It’s an age-old story in the tech industry: the company develops a tool to solve its own problem and then realizes that the tool is actually worth more than the existing company. Something similar happened to linearity. Its 17-year-old founder Vladimir Danila developed the Vectornator tool in 2017 to simplify vector design. It is now … Read more
Lexion CEO Gaurav Oberoi. (Lexion photo) Lexion is on the move. The Seattle-based startup that helps legal teams use AI to search contracts has quadrupled revenue and gained 50 customers in the past four months, including brands like Outreach, Blue Nile, OfferUp, and others. Now the company is raising more money to accelerate growth and … Read more
Motorway is a UK startup enabling professional car dealers to bid for private cars at auction. The startup had quick success by eliminating a lot of friction. It has now raised £ 48m / $ 67.7m in a Series B round led by Index Ventures along with new investors BMW i Ventures and Unbound. Existing … Read more
Two years ago we spoke to Lior Susan, the founder of the now six-year Eclipse Venture in Palo Alto, Ca. At the time, the outfit believed that the next big thing wasn’t another social network, but rather the transformation of old industries through full-tech Stacks – including hardware, software, and data – that could bring … Read more
When Xuezhao Lan founded Basis Set Ventures, the goal was to use the technology to enable venture capital investments. From the earliest days when Lan hired former TechCrunch reporter John Mannes and then built the team with data scientist Rachel Wong, former Upfront Ventures partner Chang Xu, and former Vice President of Growth Sheila Vashee, … Read more
EQT Ventures, a Europe-based investment firm that has raised over EUR 1.2 billion (US $ 1.4 billion), announced it has promoted Laura Yao to partner. At the same time, the company announced that it had recently hired Anne Raimondi, former SVP of Operations at Zendesk, as an operational partner. The company is based in Stockholm … Read more
Copy.ai, a startup developing AI-powered copywriting tools for business customers, announced a round of $ 2.9 million this morning. The investment was led by Craft Ventures. Other investors participated in the deal, including minor checks from Li Jin’s newly established Atelier Ventures and Sequoia. The launch is remarkable for a number of reasons. First of … Read more
Storm Ventures, a venture firm focused on early stage B2B start-ups, announced this week that it has promoted Pascale Diaine and Frederik Groce to partner with the company. The two new partners have worked their way up over the past few years. Groce joined Storm in 2016 and has invested in SaaS startups like Workato, … Read more
When Smash Ventures appeared as an investor in a $ 1.25 billion round for Epic Games in 2018 – reputedly the largest investment ever made in a video game company – it was the first time many heard of the investment outfit . When the brand reappeared in an even bigger round for Epic last … Read more