Business and Economy

Tiger Global, Allianz, Menlo Ventures, ThousandEyes and Armorblox

Tiger Global flexes its strength

Although relatively secretive in the way it navigates new opportunities and emerging markets, investment firm Tiger Global Management continues to flex its strength through quiet and purposeful fundraising, investments, and exits. Crunchbase News takes a look at the firm’s recent track record.

Allianz upsizes VC fund to $1.1B

German insurance giant Allianz has increased the size of its corporate venture capital arm, Allianz X, to around $1.1 billion, more than double in its initial size. The expansion comes as venture investment into insurance startups continues to rise, capping a multi-year trend.

Menlo Ventures raises fund for older startups

VC firm Menlo Ventures announced a new $500 million capital pool called the “Inflection Fund” that it intends to use to power growth-stage startups that are in their teenage years.

ThousandEyes builds on vision with $50M

Network intelligence startup ThousandEyes closed on a $50 million Series D round led by Google’s GV. The financing brings total funding to date for the 9-year-old, San Francisco-based company to around $110 million.

Security startup Armorblox emerges from stealth

Silicon Valley-based security startup Armorblox announced it has raised $16.5 million in fresh funding and is launching out of stealth mode.

Crunchbase: Unconventional lessons from managing remote teams

Is full-remote work possible today? It’s certainly easier, as the world of teamwork is changing at the most rapid pace ever. We look at five unconventional lessons learned from companies with remote teams including Power Level Studios, Buffer, and TaxJar.

 

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