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Jane Lanhee Lee

Accel leads $77 million funding round for fintech firm Galileo

17 Oct 2019

SAN FRANCISCO Galileo Financial Technologies, a company whose technology handles back-office functions for payment industry startups, said on Thursday it raised $77 million (59.9 million pounds) in a series A funding round led by Silicon Valley venture capital firm Accel, one of the early investors in Facebook.

Ex-Cisco engineers raise $278 million for startup

16 Oct 2019

A cloud startup founded by a group of four ex-Cisco Systems Inc engineers said on Wednesday it has raised $278 million (216.7 million pounds) to fund products that aim to help the data centres of customers like investment banks function more like those of cloud computing providers.

Venture capital investments in U.S. set for another bonanza year

09 Oct 2019

U.S. venture capitalists are expected to pour over $100 billion into startups for a second straight year, following the record sum invested in 2018, according to a report released on Wednesday. 

Flexible-workforce HR app Utmost raises $11.2 million from Greylock, others

08 Oct 2019

SAN FRANCISCO Contractor pay and benefits app maker Utmost said on Tuesday it raised $11.2 million in a funding round led by venture capital firm Greylock Partners, the latest sign of Silicon Valley's interest in building tools for employers that use flexible workforces.

Gig economy HR app Utmost raises $11.2 mln from Greylock, others

08 Oct 2019

SAN FRANCISCO, Oct 8 Contractor pay and benefits app maker Utmost said on Tuesday it raised $11.2 million in a funding round led by venture capital firm Greylock Partners, the latest sign of Silicon Valley's interest in building management tools for the gig economy.

South Korea's Hanwha likely to win from surveillance rivals' blacklisting: industry experts

08 Oct 2019

SAN FRANCISCO/SEOUL South Korean video surveillance provider Hanwha Techwin stands to gain the most from the U.S. blacklisting of China's Hikvision and Dahua, an industry expert and insider said, as rivals sit poised to snatch share from the besieged market leaders.

S.Korea's Hanwha likely to win from surveillance rivals' blacklisting -industry experts

08 Oct 2019

SAN FRANCISCO, Oct 7 South Korean video surveillance provider Hanwha Techwin stands to gain the most from the U.S. blacklisting of China's Hikvision and Dahua, an industry expert and insider said, as rivals sit poised to snatch share from the besieged market leaders.

WeWork seen as startup lesson in what not to do in Silicon Valley

03 Oct 2019

SAN FRANCISCO The implosion of office space company WeWork this week is being digested as a lesson for Silicon Valley startups - in what not to do.

Electric scooter startup Bird raises $275 million in latest funding round

03 Oct 2019

Bird, an electric scooter rental company, said on Thursday it had raised $275 million in a funding round led by Canadian pension fund CDPQ and Sequoia Capital, as it looks to take a bigger share of a rapidly growing transportation sector.

UPDATE 1-Electric scooter startup Bird raises $275 mln in latest funding round

03 Oct 2019

Oct 3 Bird, an electric scooter rental company, said on Thursday it had raised $275 million in a funding round led by Canadian pension fund CDPQ and Sequoia Capital, as it looks to take a bigger share of a rapidly growing transportation sector.

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