Venture

Exchequer returns show deficit hit €7.6bn last month

The tax take overall was 20.3% or €519m higher than in April 2020 By Robert Shortt Economics Correspondent The Exchequer recorded a deficit of €7.6bn in April, up from €7.5bn at the same time last year. The deterioration is down to increases in current expenditure. Despite this, tax receipts in the month were 8% higher than expected, driven mainly by ...

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SafetyCulture’s Valuation Hits $1.6B After $73M Raise

Australia-based SafetyCulture raised a $73 million funding round at a valuation of $1.6 billion, doubling the company’s valuation from its $35.5 million raise a year ago. The funding was led by Insight Partners and included existing investors Tiger Global, Index Ventures and Blackbird. The company has now raised a total of approximately $180 million. SafetyCulture’s platform helps its more than ...

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185 new jobs in eight IDA Ireland high growth companies

IDA Ireland has announced 185 new jobs in Shannon, Galway, Dundalk, Cork and Dublin across eight high growth companies IDA Ireland has today announced the creation of 185 jobs in Shannon, Galway, Dundalk, Cork and Dublin across eight high growth companies from Europe and the US. The new jobs will be spread across the technology and business service sectors with ...

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Privia Health Shares Pop On First Day Of Trading

Privia Health Group, which provides technology and services to physician practices, began trading Thursday on the Nasdaq and saw its share price jump in early trading — and stay there. Shares closed at $34.75 per share, up 51 percent from its opening share price of $23, with just over 10 million shares traded, according to Yahoo.  The Arlington, Virginia-based physician ...

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Manufacturing activity surge drives PMI to record high

The outcome here was largely mirrored across the euro zone where activity has been bouncing back after the slowdown brought about by the pandemic By Brian Finn Business Journalist Conditions in manufacturing improved vastly in the month of April bringing AIB's monthly measure of activity in the sector to a record high. The Purchasing Managers' Index – or PMI – ...

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Automox Raises $110M To Help IT In Post-COVID World

Boulder, Colorado-based Automox closed a $110 million Series C led by Insight Partners, looking to expand its platform and give companies’ IT departments better vision into what is going on as workforces get more distributed. The new round also included investments by funds managed by Blackstone and existing investors Koch Disruptive Technologies and TechOperators. Founded in 2016, the company has ...

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EU charges Apple with unfair competition in App Store

Apple has been accused of unfairly squeezing out music streaming rivals through its App Store Apple was charged today by EU competition regulators of abusing its dominance in the music streaming market via restrictive rules, the first case out of four that could lead to a hefty fine and changes in its lucrative business model. The iPhone maker found itself ...

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Meet Fisherman: An Automatic Website Builder For Small Businesses

Fisherman, a Boston-based startup that automatically creates websites for small and medium-sized businesses, announced Monday that it raised just under $1 million in funding. The idea behind Fisherman is that small businesses used to only having a brick-and-mortar presence often don’t have the time or expertise to build the kind of websites they need to get discovered and thrive in ...

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