Splunk acquires cloud monitoring service SignalFx for $1.05B

Splunk, the publicly traded data processing and analytics company, today announced that it has acquired SignalFx for a total price of about $1.05 billion. Approximately 60% of this will be in cash and 40% in Splunk common stock. The companies expect the acquisition to close in the second half of 2020. SignalFx, which emerged from […]

Keith Rabois, BoxGroup back New York-based Brex competitor

Considering its unparalleled success, it was only a matter of time before a Brex copycat emerged. Ramp Financial, a new startup led by Capital One-acquired Paribus founders Eric Glyman and Karim Atiyeh (pictured), has raised $7 million, TechCrunch has learned. The capital came from Keith Rabois of Founders Fund, BoxGroup’s Adam Rothenberg and Coatue Management, […]

Final ticket release to the 14th Annual TechCrunch Summer Party

One of Silicon Valley’s most fun and enduring traditions — the 14th Annual TechCrunch Summer Party — takes place on July 25. If you don’t have a ticket yet, know this: We just released the last batch of tickets. Once they’re gone, that’s it. No party for you. Don’t miss out on a night of fun […]

Social chat app Capture launches to take a shot at less viral success

At first glance launching a new social app may seem as sensible a startup idea as plunging headfirst into shark-infested waters. But with even infamous curtain-ripper Facebook now making grand claims about a ‘pivot to privacy’ it’s clear something is shifting in the commercial shipping channels that contain our digital chatter. Whisper it: Feeds are […]

Fresh tickets to our 14th Annual TechCrunch Summer Party

Our 14th Annual TechCrunch Summer Party is a mere two weeks away, and we’re serving up a fresh new batch of tickets to this popular Silicon Valley tradition. Jump on this opportunity, folks, because our previous releases sold out in a flash — and these babies won’t last long, either. Buy your ticket today. Our […]

Logz.io lands $52M to keep growing open source-based logging tools

Logz.io announced a $52 million Series D investment today. The round was led by General Catalyst. Other investors participating in the round included OpenView Ventures, 83North, Giza Venture Capital, Vintage Investment Partners, Greenspring Associates and Next47. Today’s investment brings the total raised to nearly $100 million, according to Crunchbase data. Logz.io is a company built […]

Part fund, part accelerator, Contrary Capital invests in student entrepreneurs

First Round Capital has both the Dorm Room Fund and the Graduate Fund. General Catalyst has Rough Draft Ventures. And Prototype Capital and a few other micro-funds focus on investing in student founders, but overall, there’s a shortage of capital set aside for entrepreneurs still making their way through school. Contrary Capital, a soon-to-be San […]

Render gets $2.25M seed round to give developers alternative to biggest names in tech

A couple of weeks ago, when Pinterest filed its S-1, its AWS bills raised eyebrows and questions about cheaper alternatives for startups. Render is a small startup with a big idea to provide infrastructure services for developers, who might be looking for a cheaper and easier alternative to bigger, more familiar names. The company launched […]

Listen to us talk about ‘undercorns,’ IPOs and what going public is really about

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Kate and Alex were here yesterday to dig into the Uber IPO filing; for today’s episode, we put that aside and discussed everything else that happened this week. Lucky for us, for the second half of our Thursday podcast-a-thon, […]

Startups Weekly: A much-needed unicorn IPO update

As I’m sure everyone reading this knows, female-founded businesses receive just over 2 percent of venture capital on an annual basis. Most of those checks are written to early-stage startups. It’s extremely difficult for female founders to garner late-stage support, let alone cash $100 million checks. Maybe that’s finally changing. This week, not one but […]