Business and Economy

Slack, Getaround, Boxed, Drawbridge, Foodsby

Slack, Getaround, Boxed, Drawbridge, Foodsby

Slack announces $417M in more funding

Confirming recent reports about a giant new investment, Slack announced that it has closed on $417 million in a round led by Dragoneer and General Atlantic. The latest financing values the developer of the popular enterprise messaging app at over $7.1 billion.

Getaround raises $300M Series D

And the massive rounds keep rolling in. The latest goes to peer-to-peer car rental startup Getaround, which just raised $300 million in a Series D round led by SoftBank with participation from Toyota and others.

Boxed raises $111M

And there’s at least one more mega-round. New York-based Boxed, a startup that delivers bulk-sized groceries, has raised $111 million in a fresh funding round led by Japanese retail giant Aeon.

Rothenberg charged for fraudulent scheme

Securities regulators charged Mike Rothenberg, founder of VC firm Rothernberg Ventures, with engaging in a fraudulent scheme by overcharging investors to fund personal projects. Rothenberg will be barred from the investment advisory business for at least five years under a settlement.

Foodsby raising $14M to cater lunches

Minneapolis-based Foodsby, an office lunch catering and delivery company, is almost finished raising $13.75 million in an apparent Series B round, according to a securities filing.

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