HR and employee benefits platform Hibob raises $17.5M led by U.S.-based Battery Ventures

 Hibob, a HR and employee benefits platform for small to medium-sized businesses, has raised $17.5 million in Series A funding. Leading the round is U.S. VC firm Battery Ventures, with participation from Arbor Ventures, and Fidelity’s Eight Roads Ventures. Existing backer Bessemer Venture Partners also joined the round, which brings total funding for the U.K. and Israel-based startup to… Read More

Data management startup Rubrik is raising up to $200M on a $1B valuation

 Make way for another juggernaut amongst enterprise startups: Rubrik, a data backup company that only emerged from stealth in 2015, is in the process of raising between $150 million and $200 million on a valuation of $1 billion as the company enters a period of strong demand for its storage and data management products, according to sources. TechCrunch first learned of the new fundraise via… Read More

LoveCrafts, a social network and marketplace for makers, raises $33M

 Facebook may have the generalist social network on lockdown, but when it comes to communities based around special interests, the playing field remains full of promise. Today, a U.K. startup called LoveCrafts, aimed at knitters and other home craft makers with a platform that is part social network and part e-commerce marketplace, is announcing a significant growth round to seize that opportunity. Read More

Flush with funding, Instacart accelerates US expansion

 Grocery delivery startup Instacart recently closed a $400 million Series D round of funding at a valuation of $3.4 billion. Now, the company is putting that capital to work by accelerating its expansion across the US, and offering free Instacart Express memberships to entice new users wherever it goes. According to the company’s Vice President of Product, Elliot Shmukler, the company… Read More

Q&A app Quora valued around $1.8 billion in $85 million fundraise

 Quora just became the unicorn of subjective human knowledge. After eight years carefully cultivating an ntelligent question and answer community, it’s just raised an $85 million Series D round co-led by Collaborative Fund and Y Combinator’s Continuity Fund. Quora tells me it’s “roughly doubled its valuation since our last fundraise” of $80 million in 2014 that… Read More

Gladly, incubated at Greylock, nabs $36 million in Series C funding

 There’s no shortage of customer service startups trying to meet the changing expectations of consumers, who want to Tweet, phone, text and use Facebook Messenger, among other newer ways to get their points across. That hasn’t deterred Joseph Ansanelli, who joined Greylock Partners in 2012 but who’d first started and sold three companies and was itching to do it again. Read More

Swingvy raises $1.1M to give HR staff in Southeast Asia a break from paperwork

 Human resources paperwork is never fun to take care of—especially if it’s literally on paper. Swingvy co-founder Jin Choeh says that in Southeast Asia, many small businesses are still stuck with physical spreadsheets and piles of forms. Swingvy wants to help them with affordable cloud-based software. The South Korea and Malaysia-based startup just raised $1.1 million in seed funding… Read More