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Fundings and Exits

EatStreet, An Online Food Ordering Platform For Smaller Cities And College Towns, Picks Up $15M

While Amazon expands Prime Now restaurant ordering and delivery to more places, a startup has picked up funding to go head to head with it and the many others in the crowded food-on-demand category. EatStreet, a platform for restaurants mainly located in smaller cities to take orders online or by mobile, has picked up $15 million in a Series C investment. The investment was co-led by local ... Read More »

Taking Stock Of Tech’s Third Quarter

I trust that you are sated, smiley, and generally recharged by the recent Thanksgiving cycle. Earnings time. You may have thought that you were out of the non-GAAP woods. Not in the least. Certainly, Box still has yet report, but the majority of tech shops have dropped their digits, leaving it up to you and I to parse the mix. Akin ... Read More »

Fitness Wearable And Coaching Startup GOQii Lands $13.4M Series A From NEA And Cheetah Mobile

Wearable fitness trackers are becoming increasingly popular, but a lot of them are quickly abandoned after the novelty of tracking exercise and sleep wears off. GOQii, however, believes it has landed on the winning formula for long-term success. The Menlo Park, California and Mumbai-based company just raised a $13.4 million Series A, which it will use to expand in the ... Read More »

Japanese 3D Printing Startup Kabuku Lands $6.1M Series A

Kabuku, a Tokyo-based startup that explores new uses for 3D printing, plans to expand around the world after raising a $6.1 million Series A round. The company runs Rinkak, an online marketplace that lets makers upload their 3D printed designs and sell them directly to consumers. The funding was led by Global Brain, Dentsu Digital Holdings, and Mitsui Sumitomo Insurance. ... Read More »

Tesla Recalls Every Model S Ever Sold Over Single-Time Seatbelt Issue In Europe

Shares of Tesla, an electric car company and Silicon Valley darling, are down several points today on news that the company will recall every Model S sedan over a seatbelt issue uncovered in a single incident in Europe. The recall includes nearly 90,000 cars. Tesla stressed in an email to customers — pasted below — that it does not know of ... Read More »

To Go After Local Neighborhood News And Marketplaces, Hoodline Raises $1.6M

One of the most sought-after, but never quite dominated, frontiers in online media and marketplaces has been centered on local communities. There have been many attempts, most famously and disastrously with AOL’s Patch effort, and there are some very promising platforms like Nextdoor, which raised more than $100 million earlier this year. But hyperlocal marketplaces and media are far from a done ... Read More »

Varsity Tutors Raises $50 Million In Series B

Varsity Tutors, the platform that connects elite tutors with students, has just closed a $50 million Series B funding round led by Technology Crossover Ventures and Adam Levine, frontman for Maroon 5 and judge on The Voice, as well as education executive Stuart Udell. Varsity Tutors is based out of St. Louis and looks to pair students with the most ... Read More »

Alibaba Hit $14.3B In Total Sales On Singles’ Day, With 69 Percent Made On Mobile Devices

Alibaba Group reaped $14.3 billion in sales during Singles’ Day, a 54 percent increase from last year’s tally of $9.3 billion. The most significant number from yesterday’s annual shopping bonanza, however, is not how much Chinese consumers spent, but what devices they used to make purchases from Alibaba’s marketplaces. According to the company, which runs China’s largest e-commerce marketplaces, more than ... Read More »

$30M Later, Struggling JavaScript Platform Pivots’ 15 minutes of open source fame have come to an end. JavaScript rendering engine has pivoted away from its hardcore open sourced engineering platform which had raised over $31 million. It’s now refocused on commercializing the idea of powerful mobile web apps with a content management system for branded marketing apps. The startup changed its website to, stuffed ... Read More »

Our 9 Favorite Companies From 500 Startups “Demo-Ween”

500 Startups today presented its 14th batch of companies at the Computer History Museum in Mountain View, California, with a spooky twist. Dave McClure said this batch was less international than previous batches, with only 39% of founders hailing from outside the United States. Of the 36 startups that went through the program, 25% had female founders. He made no mention ... Read More »

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