by admin | Feb 26, 2021 | News
Tim Hortons, the Canadian coffee and doughnut giant, has raised a new round of funding for its Chinese venture. The investment is led by Sequoia China with participation from Tencent, its digital partner in China, and Eastern Bell Capital. The round comes two years...
by admin | Feb 26, 2021 | News
Another major VC firm has closed two major rounds, underscoring the long-term confidence investors continue to have for backing privately-held companies in the tech sector. Early-stage VC firm Bessemer Venture Partners announced Thursday the close of two new funds...
by admin | Feb 26, 2021 | News
Newsela, a SaaS platform for K-12 instructional material backed by the likes of TCV, Kleiner Perkins, Reach Capital, and Owl Ventures, announced today that it has raised $100 million in a Series D round. The financing was led by new investor Franklin Templeton, and...
by admin | Feb 26, 2021 | News
Twitter reveals its move into paid subscriptions, Australia passes its media bargaining law and Coinbase files its S-1. This is your Daily Crunch for February 25, 2021. The big story: Twitter announces ‘Super Follow’ subscriptions Twitter announced its first paid...
by admin | Feb 26, 2021 | News
AT&T just announced an agreement with private equity firm TPG that will turn DirecTV into a standalone company, albeit one that’s still majority owned by the telecom giant. Specifically, AT&T says it will own 70% of the new company, while TPG owns 30%. This...
by admin | Feb 25, 2021 | News
Boating is a hobby steeped in history and tradition — and so is the industry and those that support it. With worldwide connectivity, electric boats, and other technological changes dragging the sector out of old habits, Orca aims to replace the outdated interfaces by...