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Startup News

By in Startups on December 6, 2016
COVID-19 fails to stop the march of the unicorns
July 14, 2020
We’re digging into Q2 2020 venture capital results this week. Today we are exploring U.S.-specific results after taking a broader perspective yesterday. As with every quarter, our goal is to understand how strong, or not, the domestic and global VC markets are so that we can better follow the pace of startup dealmaking. The Exchange […]
RealityEngines.AI becomes Abacus.AI and raises $13M Series A
July 14, 2020
RealityEngines.AI, the machine learning startup co-founded by former AWS and Google exec Bindu Reddy, today announced that it is rebranding as Abacus.AI and launching its autonomous AI service into general availability. In addition, the company also today disclosed that it has raised a $13 million Series A round led by Index Ventures’ Mike Volpi, who […]
Auckland-based photo software startup Narrative raises $2.58 million led by Founders Fund
July 14, 2020
For many freelance photographers, marketing their businesses and editing photos takes as much time, if not much more, than photoshoots. Founded in 2017, Auckland-based Narrative helps professional photographers with tools including a website builder and Narrative Select, an AI-based tool that identifies the best frames from a shoot, cutting down the amount of time it […]
BigCommerce files to go public
July 13, 2020
As expected, BigCommerce has filed to go public. The Austin, Texas, based e-commerce company raised over $200 million while private. The company’s IPO filing lists a $100 million placeholder figure for its IPO raise, giving us directional indication that this IPO will be in the lower, and not upper, nine-figure range. BigCommerce, similar to public […]
SaaS and cloud stocks finally give back ground
July 13, 2020
After a heated run, SaaS and cloud stocks dipped sharply during regular trading on Monday. According to the category-tracking Bessemer cloud index, public SaaS and cloud stocks dropped around 6.5% today, a material blow to the value of some of the world’s most highly valued companies, measured by sector-averaged revenue multiples. After recovering all their […]