Affirm, the alternative lending site started by Paypal co-founder Max Levchin, has raised a $100M Series D led by fellow Paypal co-founder Peter Thiel’s Founders Fund. The all equity round, which was confirmed to TechCrunch by the company, also included participation from existing investors including Lightspeed Venture Partners, Spark Capital, Khosla Ventures, Andreessen Horowitz,… Read More
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Sean Parker, the self-made billionaire who, at the tender age of 19, sparked the digital music revolution, has been at the forefront of some of the most meaningful disruptions of our day from file sharing to social engagement. Cancer immunotherapy is his next big bet. The Napster founder and former Facebook president persuaded hundreds of top scientists within various research universities… Read More
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PicMix, a photo-sharing app based in Indonesia, will build more features and venture into new international markets after raising a Series A totaling $3 million. Read More
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Consumer gadgets standby Logitech has acquired JayBird, a maker of fitness-focused wireless headphones and trackers, for $50 million in cash, the companies announced today. “The Jaybird team will have all the scope to innovate they had before,” said Rory Dooly in a post on the Logitech blog. “They’ll continue to feed the Jaybird brand and design products like the latest… Read More
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Habito, founded by Daniel Hegarty, pitches itself as the UK’s “first digital mortgage broker” — though Trussle may disagree — and offers an ‘fully automated’ brokering service to help you find the most suitable mortgage and make an application. Read More
from TechCrunch
Fleet, a marketplace that lets companies compare quotes from logistics providers, has landed a $4 million seed round. The funding was led by Hunt Technology Ventures, with participation from other investors including Placid Ventures, David S. Hunt, 1517 Fund, Latam Partners, GrowthX Fund, NFQ, and Telegraph Hill Capital. Read More
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Will Verizon snap up Yahoo’s web assets — and what might that look like? We don’t have an answer just yet, but there’s one person who might have some ideas about what it would look like: Aol CEO Tim Armstrong, who will be joining us at Disrupt NY in May this year.
And naturally, it’s around the time to start asking again what Aol looks like under… Read More
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Alibaba just took a big step in its Southeast Asian expansion journey. The company said today that it has pumped a total investment of about $1 billion into Lazada, in a deal that makes it the e-commerce platform’s controlling shareholder. Read More
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Despite the increasing ubiquity of online videos, making a professional-looking one is still a complicated process that usually involves chains of emails and uploads. 90 Seconds wants to fix that problem with its cloud-based platform, which lets users handle almost every part of the video production process in one place. Today, the startup announced that it has raised a $7.5 million Series A… Read More
from TechCrunch
“Why do you need money from me when you have every great investor on earth?” That’s the question that caused Backplane to buckle under the weight of its own early buzz. Lady Gaga’s social network builder startup has run out of money, gone out of business, and sold its assets to a group of previous and new investors who will try to restart it. That’s according… Read More
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