Medallia stock up 76% following first day trading on the NYSE

Customer experience management platform Medallia (NYSE: MDLA) rose more than 70% in its New York Stock Exchange debut Friday. The nearly two-decades-old business priced its shares at $21 apiece, the top of its proposed range, Thursday evening and traded as high as $39.54 the following morning. Medallia closed up roughly 76% at about $37 per […]

How to go to market in middle America

Deborah Eisenberg Contributor Deborah Eisenberg is the founder of TechStarts PR, where she helps technology companies both big and small hone their message and reach their audience. There comes a time for many startup companies where they either realize they need to do a nationwide rollout, or they need to actively target buyers in the […]

Submittable raises $10M to help publishers and other organizations manage their submissions

Submittable is announcing that it has raised $10 million in Series B funding. When I first wrote about the company in 2012, it was focused on helping literary magazines manage their submissions — useful, but maybe not the kind of thing that venture capitalists write big checks for. Since then, Submittable raised a $5 million […]

VComply raises $2.5 million seed round led by Accel to simplify risk and compliance management

Risk and compliance management platform VComply announced today that it has picked up a $2.5 million seed round led by Accel Partners for its international growth plan. The funding will be used to acquire more customers in the United States, open a new office in the United Kingdom to support customers in Europe and expand […]

On a growth tear, work trip SaaS TravelPerk adds $60M to its Series C

Business travel SaaS startup, TravelPerk, has announced it’s more than doubled the $44M Series C round we wrote about just nine months ago — taking in a further $60M from its existing investors, which brings the round to $104M, and the business’ total raised to date to $134M. Investors increasing the size of their Series […]

Banking startup N26 raises another $170 million at $3.5 billion valuation

Fintech startup N26 is raising $170 million a few months after raising $300 million. While it’s technically structured as a new round, the company considers today’s new funding as an extension of the Series D round. N26 has only reached out to existing investors. All the investors in the Series D round are investing again, […]

Southeast Asian cloud communications platform Wavecell acquired by 8×8 in deal worth $125 million

Wavecell, a cloud-communications platform for companies in Southeast Asia, announced today that it has been acquired by 8×8 in a deal worth about $125 million. The acquisition will help San Jose, California-based 8×8 expand in Asia, where Wavecell already has offices in Singapore, Indonesia, the Philippines, Thailand and Hong Kong. Wavecell’s cloud API platform, which […]

Ebix to acquire Indian travel company Yatra for $337.8M

Atlanta-based software firm Ebix said today it is acquiring Indian online travel booking company Yatra through a merger deal at an enterprise value of $337.8 million as it looks to strengthen its position in India’s hotel and flight ticketing market. Once the acquisition has completed, Yatra will become part of Ebix’s EbixCash (the company’s Indian […]

ContractPodAi scores $55M for its ‘AI-powered’ contract management software

ContractPodAi, a London-based startup that has developed what it describes as AI-powered contract lifecycle management software, is disclosing $55 million in Series B funding. The round is led by U.S.-based Insight Partners, with participation from earlier backer Eagle Investment. Founded in 2012, ContractPodAi offers an “end-to-end” solution spanning the three main aspects of contract management: […]

What seed-stage dilution tells us about changing investor expectations

A little-noticed startup financing trend has big implications for how VC firms evaluate companies raising Series A and B rounds Dale Chang 24 hours Dale Chang Contributor More posts by this contributor Why startups can’t afford to ignore customer retention How startups can use data to grow smarter Round sizes are up. Valuations are up. […]