Microsoft buys FSLogix
Microsoft buys FSLogix
At least Microsoft is still buying. The software giant announced that it has purchased FSLogix, provider of a desktop virtualization platform. The deal marks the sixteenth known acquisition by Microsoft so far this year.
Autodesk scoops up PlanGrid for $875M
Autodesk is shelling out $875 million to acquire San Francisco-based PlanGrid, a venture-backed provider of software for managing construction projects. The purchase comes amid a busy period for funding and acquisitions of building tech startups.
SoftBank invests $2B in Coupang, amid deal spree
Korean e-commerce company Coupang is the latest to receive a major investment from SoftBank, securing $2 billion at a reported $9 billion valuation. To keep you up-to-date on what else SoftBank has been up to, Crunchbase News has tallied up 2018 investments from the firm’s Vision Fund.
PlayVS scores $30.5M for high school esports
Los Angeles-based PlayVS, a startup builiding a platform for high school esports, closed on $30.5 million in a Series B round led by Elysian Park Ventures.
Universities using visas to build startup hubs
As obtaining visas for tech work becomes more challenging, U.S. universities are finding a creative way to legally attract and retain talent: the Global Entrepreneur in Residence Program.
CB: 10 venture fundraising dos and don’ts
In this guide we break down the basics on how to raise funding. We run through how to find, cultivate and build some of the most important partnerships in your business.
Crunchbase Daily will not be publishing over Thanksgiving weekend. We’ll be back on Monday, November 26.
Everything is down
It’s rough out there. Tech stocks took a major beating, with both large cap and smaller companies posting steep declines. Meanwhile, bitcoin and the cryptocurrency crowd have also fallen sharply in the past few days
Jelli sells to iHeart Media
Bankrupt radio station network iHeart Media is also in buying mode, acquiring Jelli, a service for buying and selling radio advertising, for an undisclosed sum. Founded in 2008, Silicon Valley-based Jelli previously raised more than $40 million from a long list of backers, including iHeart.
Storm, Opendoor and Craft seek fresh capital
The fundraising continues. Startup investment firms Storm Ventures and Craft Ventures, along with heavily-funded real estate unicorn Opendoor, all submitted securites filings indicating they are in the market for fresh capital.
BuzzFeed, platforms, and power
BuzzFeed CEO Jonah Peretti envisions his company merging with other online publishers to negotiate better terms with tech platforms. But while the concept has potential, it’s also pitted with huge obstacles.
CB: Want to make better investment decisions based on digital data?
Join our investor focused webinar next week, November 28th at 10 am PST, “Invest Without Digital Blind Spots: The Ultimate Guide for Early Stage Investment”. Learn how leveraging Crunchbase Pro and SimilarWeb’s investor tools can lead to better investment decisions.
