Long Game is a bank account, with a twist. Every dollar saved can go towards winning a lottery. The personal finance app allows users to play games and win cash prizes, up to $1 million. It may sound like a gimmick, but these are FDIC-insured accounts backed by Blue Ridge Bank in Virginia. And now venture capitalists from Thrive Capital and Collaborative Fund are betting $6.6 million that… Read More
PandaDoc scores $15 million investment to drive expansion
PandaDoc, a 6 year old startup, has always had a simple goal of eliminating the pdf from the sales collateral pipeline, while helping busy salespeople automate the proposal and contract process. Today it landed $15 million in Series B funding. The round was led by Rembrandt Venture Partners, but also included participation by Microsoft Ventures, HubSpot, EBRD and Altos Ventures. PandaDoc… Read More
MakerBot co-founder Bre Pettis buys electronics milling machine maker Other Machine
Entrepreneur Bre Pettis and Berkeley-based Other Machine seem like a match made in heaven. The MakerBot founder has been through the ringer once already, leaving the company he co-founded and ran after selling it to 3D printing colossus, Stratasys. But now he’s doing the buying. Other Machine founder and CEO Danielle Applestone tells TechCrunch that her CNC Milling startup has… Read More
Co-living gets more cash as shared housing developer HubHaus raises $1.4 million
It’s an old story for anyone moving out to a new place, but for Merchant, and others like her, the idea that there can be a better way to move to a place, and live in a city, has led to the creation of new co-living spaces. In the old days, these spaces (once called communes by a generation less capitalized but perhaps no less idealistic) grew organically around shared interests and… Read More
Feast It lets you book ‘street food’-styled catering for your next corporate or social event
London-based Feast It, an online marketplace that lets you book ‘street food’-styled catering for your work or social event, has picked up $440,000 in seed funding. Read More
CornerJob bags $19M to keep growing its blue-collar hiring platform
Barcelona-based blue-collar recruitment app CornerJob has closed a $19 million Series C. The new financing will be used for product development, says CEO David Rodriguez, as well as bolstering its position in “strategic markets” and expanding into some new ones. Read More
Shipamax raises $2.5M for its cloud software platform for the bulk shipping industry
Shipamax, a London-based startup and recent graduate of Silicon Valley accelerator Y Combinator, has raised $2.5 million in seed funding, money it plans to use to continue building and marketing its cloud software platform for the bulk shipping industry. Leading the round is Cherubic Ventures, with participation from AME Cloud, and FF Angel. Read More
SoftBank’s massive Vision Fund raises $93 billion in its first close
SoftBank’s huge $100 billion investment fund — the largest tech fund in history — announced its first close today… and it’s huge. The Japanese telecom giant revealed that its VisionFund has closed an initial commitment of $93 billion from a bevy of high profile backers. They include Apple, Qualcomm, UAE-based Mubadala Investment Company, Saudi Arabia’s… Read More
Away nears 100K stylish suitcases sold as it raises $20M
What do people actually want in luggage? A phone charger, unbreakable exterior, and maximum packing space at a resonable price is what Away discovered. So it built a line of sleek but expansive polycarbonite suitcases equipped with battery packs, and sold them direct-to-consumer. Now after selling nearly 100,000 suitcases and generating $20 million in revenue, Away has raised a $20 million… Read More
Spotify buys AI startup Niland to develop its music personalization and recommendations
Spotify has made its fourth acquisition of the year after it announced that AI startup Niland has joined its ranks. Paris-based Niland offered an API-based product focused on providing more accurate search and recommendation options for music. Spotify said the French company will join its R&D team which is based in New York to help hone its personalization and recommendation features… Read More