DCM is poised to make roughly $1 billion off its $26 million bet on Bill.com

David Chao, the cofounder of the cross-border venture firm DCM, speaks English, Japanese, and Mandarin. But he also knows how to talk to founders. It’s worth a lot. Consider that DCM could see more than $1 billion from the $26.4 million it invested across 14 years in the cloud-based business-to-business payments company Bill.com, starting with […]

Unity IPO aims to fuel growth across gaming and beyond

Eric Peckham Contributor Share on Twitter Eric Peckham is the creator of the Monetizing Media newsletter and podcast. He was previously TechCrunch’s media columnist. More posts by this contributor Unity IPO aims to fuel growth across gaming and beyond Unity Software Inc. is set to list on the New York Stock Exchange this month, following […]

Progress snags software automation platform Chef for $220M

Progress, a Boston-area developer tool company, boosted its offerings in a big way today when it announced it was acquiring software automation platform Chef for $220 million. Chef, which went 100% open source last year, had annual recurring revenue (ARR) of $70 million from the commercial side of the house. Needless to say, Progress CEO […]

What will a Wish IPO look like? We should find out soon

Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floats, guinea pig harnesses, Apple Watch knockoffs — said yesterday that it has submitted a draft registration to the SEC for an IPO. Because it filed confidentially, […]

Fresh off $200M Series D, Gong acquires early-stage startup Vayo

Gong announced a $200 million Series D investment just last month, and loaded with fresh cash, the company wasted no time taking advantage. Today, it announced it was buying early-stage Isreali sales technology startup Vayo. The companies did not share terms of the deal, but Gong CEO Amit Bendov said the deal closed a couple […]

RealPage acquires real estate IoT startup Stratis

RealPage, a publicly traded full-service property management technology firm with over 12,200 clients worldwide, today announced that it has acquired Stratis IoT, a startup that provides IoT services to the real estate industry, with a focus on access and energy management tools. “RealPage aims to become a leading provider in the burgeoning rental property automation […]

Chinese EV startup Xpeng Motors raises $1.5 billion in US public market debut

Chinese electric vehicle startup Xpeng Inc. raised $1.5 billion through an initial public offering in the U.S. as investor interest in EVs and clean energy outstripped concerns over escalating tensions between the U.S. and China. The automaker, which is headquartered in Guangzhou, China and has offices in Silicon Valley and San Diego, said in a […]

Cisco acquiring BabbleLabs to filter out the lawn mower screeching during your video conference

We’ve all been in a video conference, especially this year, when the neighbor started mowing the lawn or kids were playing outside your window — and it can get pretty loud. Cisco, which owns the WebEx video conferencing service, wants to do something about that, and late yesterday it announced it was going to acquire […]

Industry experts say it’s full speed ahead as Snowflake files S-1

When Snowflake filed its S-1 ahead of an upcoming IPO yesterday, it wasn’t exactly a shock. The company which raised $1.4 billion had been valued at $12.4 billion in its last private raise in February. CEO Frank Slootman, who had taken over from Bob Muglia in May last year, didn’t hide the fact that going […]

A quick peek at Snowflake’s IPO filing

Snowflake filed to go public today joining a bushel of companies making their S-1 documents public today. TechCrunch has a longer digest of all the IPO filings coming soon, but we could not wait to get into the Snowflake numbers, given the huge anticipation that the company has generated in recent quarters. Why? Because the […]