Bill.com went public today after pricing its shares higher than it initially expected. The B2B payments company sold nearly 10 million shares at $22 apiece, raising around $216 million in its IPO. Public investors felt that the company’s price was a deal, sending the value of its equity to $35.51 per share as of the […]
Last month, Carbon announced its first new CEO in the company’s history. With $260 million worth of investments and a $2.5 billion, it’s a big job. But Carbon’s 500-person headcount is small potatoes compared to Ellen Kullman’s last gig. For six years, Kullman headed up DuPont, the culmination of a nearly 30-year career at the […]
DataRobot a company best known for creating automated machine learning models known as AutoML, announced today that it intends to acquire Paxata, a data prep platform startup. The companies did not reveal the purchase price. Paxata raised a total of $90 million before today’s acquisition, according to the company. Up until now DataRobot has concentrated […]
After last year’s stellar turn out of almost 1,000 Silicon Valley shakers and movers, TechCrunch is returning with the 3rd Annual Winter Party at Galvanize in San Francisco on February 7. The party will feature tasty beers, wine and canapés, party games and activities, plenty of photo ops (and our infamous karaoke), giveaways and some […]
Small satellite startup Kepler Communications is teaming up with SpaceX to make good on its deployment goals for its first nanosatellite constellation. SpaceX will carry two separate batches of nanosatellites from Kepler aboard its Falcon 9 launch vehicles. Kepler Communications, a Toronto-based space startup, will be building out a low-power, direct IoT connectivity satellite-based network, […]
Today at TechCrunch Disrupt Berlin, Samsung Electronic’s President Young Sohn revealed the company had sold 1 million foldable Galaxy Fold smartphones. Estimates from October pegged sales at that time at 500,000 units. “And I think that the point is, we’re selling [a] million of these products,” Sohn said. “There’s a million people that want to […]
Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. This morning we’re digging into the current IPO market, asking ourselves how much damage WeWork really did to other companies hoping to go public. Is the IPO window closed, and if not, what sort of companies […]
