Managed By Q, the office management system, acquires Hivy

 Managed by Q, the platform that helps office managers handle day-to-day operations, has made its first acquisition, picking up Y Combinator graduates Hivy for an undisclosed amount.
Managed By Q lets office managers book cleanings, handy work, IT help, and order office supplies thanks to a partnership with Staples. MBQ has raised upwards of $72 million and now serves New York, Chicago, San… Read More

Didi invests $200M in Chinese auto trading platform RenRenChe

 China’s Didi Chuxing is already well-known for making investments, but this time around the ride-sharing company has stepped beyond backing companies in its core industry with its latest deal. That’s because Didi has backed RenRenChe, China-based online peer-to-peer car marketplace, via a strategic investment that is confirmed at $200 million. It’s not clear what… Read More

Facebook drops no-vote stock plan, Zuck will sell shares to fund philanthropy

 Mark Zuckerberg has gotten so rich that he can fund his philanthropic foundation and retain voting control without Facebook having to issue a proposed non-voting class of stock that faced shareholder resistance. Today Facebook announced that it’s withdrawn its plan to issue Class C no-vote stock and has resolved the shareholder lawsuit seeking to block the corporate governance overhaul. Read More

Live from Disrupt SF: Equity talks Slack, Lyft and flying cars

 Hello and welcome back to Equity, TechCrunch’s weekly venture capital-themed podcast where we work to unpack the numbers lurking behind the news.
This week we have a special episode for you all. We recorded live from Disrupt San Francisco, right in the middle of the main floor. From the front, this is what it looked like:

 
Teamwork!
It was our second-ever live show. Thanks for… Read More

DogBuddy, the European dog sitting marketplace, scores €5M Series A

 DogBuddy, a pan-European online marketplace for dog sitting, has closed €5 million in Series A funding, money it plans for further expansion. Backing the London-headquartered startup in this round is existing investor Sweet Capital, the investment fund started by the founders of King.com, and a number of new unnamed private investors. It brings total raised by DogBuddy to €10 million. Read More

ClearMetal gets $9M from Prelude Ventures and Eric Schmidt’s Innovation Endeavors for its logistics platform

 Logistics and supply chain management is a notoriously outdated and labor-intensive process. ClearMetal uses artificial intelligence to help manufacturers and retailers climb out from underneath piles of spreadsheets. Today the San Francisco-based startup announced that it has raised $9 million in Series A funding led by Prelude Ventures and Innovation Endeavors, the venture capital firm… Read More

Subscription art crowdfunder Patreon confirms $60M fundraise

 Patreon upgrades content creation from a passion to a profession by paying artists 95% of subscription payments from fans instead of 55% of skimpy ad revenue like Facebook and YouTube. Now Patreon itself is getting paid with today’s official announcement of the big series C funding round TechCrunch broke news of last week. Patreon has raised $60 million led by Chris Paik at Thrive… Read More

Matroid picks up $10M Series A to automate video stream monitoring

 As computer vision and object recognition technology continue to mature, we’re edging closer to automating away the exceedingly boring task of monitoring closed circuit TV cameras. Matroid is one of the startups leading the democratization of this variety of machine intelligence. The company is announcing a $10 million Series A this morning from NEA and Intel Capital that brings… Read More

A look back in IPO: Apple, the early PC purveyor

 To wrap up our series of looks into the IPOs of tech’s Big 5, we turn to Apple. Being the first of five to go public, what can we learn from Cupertino’s debut? Heading back in time as we are, we lack readily accessible S-1 documents that the younger entrants to the group have posted. So what was Apple’s story as it raced to the public markets? Read More