Ordinarily, blockchain technology is used to create cryptocurrencies. Bitcoin and blockchain are terms used to describe how transactions are timestamped and recorded in “blocks.” Despite the fact that it’s a relatively complicated and technical process, the end result is a digital ledger of cryptocurrency transactions that’s difficult to hack. Transactions also necessitate the use of a two-factor authentication process. To ...
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Something Ventured: After Series A, Repeat Focuses On Growing Company Through Community
Editor’s note: This profile is part of Something Ventured, an ongoing series by Crunchbase News examining diversity and access to capital in the venture-backed startup ecosystem. As part of this project, we’re following seven seed-stage entrepreneurs over the course of several months as they build their businesses. Read our previous profiles of Kim Stiefel, Sarah Wissel and Repeat here, here ...
Read More »HoneyBook Raises $250M For SMB Customer Management Platform In Tiger Global-led Round
HoneyBook, a startup that helps freelancers and independent business owners manage their customers, closed on a $250 million Series E funding led by Tiger Global Management with participation from Durable Capital Partners, Norwest Venture Partners, Citi Ventures and OurCrowd. Its first institutional investor, UpWest, invested $25,000 in the company in 2013, which brought HoneyBook to Silicon Valley. In total the ...
Read More »Unicorn Herd Grows In India As Venture Investment Takes Off, Outpaces China
India is not new territory for venture capital investors, but the country has seen an escalation in dollars invested in the last year-and-a-half. The growth doubled its unicorn count from last year and made it the leader in funding in Asia last quarter. Those who invest in the world’s second-most populous country say there are a few reasons for the ...
Read More »Mergers & Money: Once Dubious, Traditional VC Firms Lead More Of The Charge In Crypto Deals
Editor’s note: This is Mergers & Money, a monthly column by Senior Reporter Chris Metinko that covers dealmaking and the flow of venture capital. So far this year, crypto startups have taken in nearly $16 billion of funding—far outpacing any prior year. While interest and acceptance in crypto has increased among the general public—Bitcoin hit a new all-time high of ...
Read More »As Toast Orders Up IPO, A Look Back At Its Roller Coaster Year
The past 18 months or so have been full of ups and downs for Toast, the restaurant management software startup. The company is a Boston-based unicorn (and not in biotech) and it’s a leader in the world of restaurant tech: It’s main product offering is a point-of-sale system for restaurants. The company is gearing up for an IPO on Wednesday ...
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