LinkedIn buys Drawbridge as Apple is said to have bought health startup Tueo
LinkedIn buys Drawbridge
LinkedIn, the Microsoft-owned professional networking giant, has just made its second known acquisition in eight months, snapping up Drawbridge, a developer of software that helps companies better understand their customers using machine learning. Silicon Valley-based Drawbridge previously raised nearly $70 million in venture funding.
Apple said to have bought health startup Tueo
Apple reportedly recently acquired Tueo Health, a Silicon Valley-based digital health startup focused on asthma monitoring, for an undisclosed sum. The often-stealthy computing giant appears to have closed the acquisition, one of several this year, a few months ago
Talkspace raises $50M for digital therapy
Talkspace, a provider of therapy via a subscription-based online platform, raised $50 million in a Series D round led by Revolution Growth. The New York company’s model involves connecting users with a network of over 5,000 licensed therapists through a web and mobile platform.
Mapping the geography of biotech funding
Using Crunchbase data, we plotted the count of venture capital funding rounds raised by biotechnology companies across the U.S. As expected, a few metro areas dominate the funding landscape.
Maveron raises $156M for consumer-focused funds
Maveron, a consumer-focused seed and early-stage venture capital firm based in Seattle and San Francisco, submitted a securities filing indicating it’s raised capital for a pair of new venture funds totaling over $156 million.
Pantheon acquires Staging Pilot
Fresh off a $40 million Series D round, web services company Pantheon announced that it has acquired Staging Pilot, a provider of WordPress automation software, to help roll out automated updates to sites it manages.
Crunchbase: Easy steps for launching customer support
Setting up good customer support for your startup is as important as defining marketing strategy, ramping sales, and building finance and legal departments. Here’s a quic
SoftBank plans AI fund
SoftBank Group’s early-stage venture capital arm is setting up a second investment fund focused on backing artificial intelligence startups. The new fund, called DeepCore, will reportedly exceed the $55 million raised for the first one.
Robinhood hunts for higher valuation
Zero-fee stock trading service Robinhood is in the news for reportedly raising more capital at an upsized valuation of between $7 billion and $8 billion. The fundraise offers some insights for those speculating about how much revenue the company is generating..
Kleiner makes twin bets on health
Venture firm Kleiner Perkins announced a couple of deals in the health space, backing early stage rounds for Modern Health, a mental health platform for employers, and Future, a fitness coaching app.
Crazy Dog raises $43M
China-based Crazy Dog, a startup that delivers pet food and supplies, just locked down $43 million in a Series B round reminiscent in some respects of a dot com bubble-era financing.
