Oct 31, 2019

Crunchbase raises $30 million in Series C funding

CEO of Crunchbase Jager McConnell. Photo: studioEAST/Getty Images

Crunchbase, a private company information database that spun out of TechCrunch in 2015, raised $30 million in Series C funding led by OMERS Ventures.

Why it matters: Crunchbase is one of several upstarts — PitchBook, CB Insights, etc. — that recognized how private market data providers Dow Jones and Thomson Reuters were resting on their legacy laurels.

  • Return investors include Emergence Capital, Mayfield, Cowboy Ventures, and Verizon Ventures.

The bottom line: "LinkedIn does have company data, but its focus has been too specific to individuals and recruitment, Crunchbase's CEO said, making it an add-on, not a focus. He's banking on a gap (+ demand) for more developed market intelligence around the businesses themselves," tweets TechCrunch's Ingrid Lunden.

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Guild Education raises $157 million in Series D funding

Illustration: Rebecca Zisser / Axios

Guild Education, a Denver-based education benefits platform for Fortune 1000 companies, raised $157 million in Series D funding led by General Catalyst at a $1 billion post-money valuation.

Why it matters: Guild's mission is to help workers catch the increasingly elusive American dream, by better enabling them to obtain degrees and credentials required for higher-paying jobs.

Go deeperArrowNov 13, 2019

The rockstar allure of private money

A tech conference. Photo: Pedro Fiúza/NurPhoto via Getty Images

LISBON — The public stock market is doing pretty well, on the face of things. The S&P 500 is at record highs, European stocks are surging, and a slew of multibillion-dollar companies have IPO'ed this year, raising billions of dollars in fresh capital. But private markets still seem to be much more alluring.

What we’re seeing: I'm in Lisbon this week, attending the Web Summit for the first time. The clear message being sent: Private markets are more attractive than ever.

Go deeperArrowNov 7, 2019

PayPal acquires Honey browser plug-in for $4 billion

Illustration: Eniola Odetunde/Axios

PayPal (Nasdaq: PYPL) agreed to buy Honey, an app and browser plug-in for e-commerce coupons, for around $4 billion in cash and stock.

Why it matters: It's PayPal's largest-ever acquisition, and the largest-ever purchase of a Los Angeles-based tech startup.

Go deeperArrowNov 21, 2019