FUNDING

  • Sources: India’s Flipkart in talks to raise up to $1b, likely in a down round

     After years of raising hundreds of millions of dollars to tap into the burgeoning e-commerce market in India, one of the country’s biggest tech companies is facing a markdown in its valuation as it aims to pick up yet more investment. TechCrunch has learned from sources that Flipkart is looking to raise up to $ 1 billion in […]

  • NYC Rental Platform, Naked Apartments, Acquired By Zillow

     Online real estate site Zillow today announced that it has acquired Naked Apartments for $ 13 million in cash. While the name makes it sound like some kind of kinky cleaning service, it’s actually an apartment rentals platform with a focus on New York City. The acquisition is expected to close in the next few weeks. […]

  • AHALife Acquires Bradford Shellhammer’s Design Marketplace Bezar

     Bezar, the design ecommerce platform led by Fab cofounder Bradford Shellhammer, has today announced that it will be acquired by Australian ecommerce site AHALife. The terms of the deal were not disclosed. AHALife has been around since 2011, offering users hard-to-find, luxury design products. They ship to 200 countries and have more than 3,000 handpicked […]

  • Yahoo Signals Its Core Business Could Be For Sale By Exploring “Strategic Alternatives”

     Well, we sort of expected this one to happen. After its core Internet business has continued to flounder, Yahoo says it is now exploring “strategic alternatives,” which could imply a number of things — including selling off its core business to another company, as was previously reported. “The Board also believes that exploring additional strategic alternatives, […]

  • Yep, Sesame Street Now Has A Venture Fund

     Collaborative Fund is bringing on a pretty big partner for a new seed-stage fund focused on improving children’s lives — and it’s not someone you’d expect to get into the venture capital game. Craig Shapiro’s venture is launching a new $ 10 million fund that’s tied to Sesame Workshop, creator of Sesame Street and other […]

  • Lexumo Lands $4.89 Million Seed Round To Help Ensure Open Source Code Security

     Lexumo, a Cambridge, Massachusetts cloud service that continuously checks open source code to be sure it has the latest security updates, announced a solid $ 4.89 million seed round today. The round was led by Accomplice, .406 Ventures and Draper. What has Lexumo created to warrant that kind of financial attention? It indexed all of the open […]

  • Silicon:Safe Bags $1M Seed For Its Hardware Fix For Bulk Password Theft

     Sony Pictures. Ashley Madison. Twitch. Patreon. Dropbox. Snapchat. LinkedIn. Last.fm… Those are just a handful of the companies that have suffered massive password-related breaches in recent years. Bulk password theft is the scourge of our digital times. Read More Fundings & Exits – TechCrunch