AvePoint to go public via SPAC valued at $2B

AvePoint, a company that gives enterprises using Microsoft Office 365, SharePoint and Teams a control layer on top of these tools, announced today that it would be going public via a SPAC merger with Apex Technology Acquisition Corporation in a deal that values AvePoint at around $2 billion. The acquisition brings together some powerful technology […]

What is Roblox worth?

With Roblox joining the end-of-year unicorn stampede toward the public markets, we’re set for a contentedly busy second half of November and early December. I hope you didn’t have vacation planned in the next few weeks. This morning we need to get deeper into the Roblox S-1 so we can better understand the nature of […]

Snap acquired Voisey, an app to create music tracks overlaying your own vocals

Snapchat helped pioneer the use of lenses on faces in photos and videos to turn ordinary picture messages into fantastical creations where humans can look like, say, cats, and even cats can wear festival-chic flower crowns. Now it sounds like the company might be turning its attention… to sound. The company appears to have acquired […]

Onit acquires legal startup McCarthyFinch to inject AI into legal workflows

Onit, a workflow software company based in Houston, announced this week that it has acquired 2018 TechCrunch Disrupt Battlefield alum McCarthyFinch. Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings. The companies did not share the purchase price. After evaluating a number of companies in the space, Onit […]

Wish files to go public with 100M monthly actives, $1.75B in 2020 revenue thus far

This morning Wish, a well-known mobile e-commerce startup, filed to go public. It joins Affirm, Airbnb and Roblox in filing this week as many well-known and valuable private companies look to debut before the year ends and the holidays start. Wish’s S-1 (which is filed under its corporate name ContextLogic) is of particular interest given […]

FireEye acquires Respond Software for $186M, announces $400M investment

The security sector is ever frothy and acquisitive. Just last week Palo Alto Networks grabbed Expanse for $800 million. Today it was FireEye’s turn, snagging Respond Software, a company that helps customers investigate and understand security incidents, while reducing the need for highly trained (and scarce) security analysts. The deal has closed, according to the […]

Roblox files to go public

Roblox, the child-friendly gaming company, filed to go public today. Its listing comes one day after the lending company Affirm initiated its own public offering and a mere two days after Airbnb’s filing. Roblox filed confidentially to go public in mid-October, but its numbers were unreleased until today when it published its S-1 document. The company […]

IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision

As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced  its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy. The companies did not reveal the purchase price. With Instana, IBM can build on its internal […]

Equity Shot: Airbnb’s IPO is finally here

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Today we have an Equity Shot for you about Airbnb’s S-1 filing, as it looks to go public before the year is out. First we get into Airbnb’s macro performance, which shows a stable-picture historical revenue growth. There […]

Airbnb files to go public

Airbnb filed to go public today, bringing the well-known unicorn one step closer to being a public company. The financial results show a company on the rebound, but smaller than it was. Its more granular financial results also make clear how hard the pandemic was on the travel-reliant unicorn. Regarding Airbnb’s worth, investors will have […]