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Technology

Yalo raises $50M to build ‘c-commerce’ services for chat apps like WhatsApp – 98bmp

Facebook has long been working on raising WhatsApp’s profile as a channel for businesses to interact with (and sell to) their customers. Today, a startup that has built a suite of tools for retailers and others to build and run those services over WhatsApp and other messaging platforms is announcing growth funding to address that opportunity. Yalo, which describes itself as a c-commerce (“chat commerce”) startup building tools for businesses […]

todayMay 26, 2021 1

Technology

BukuKas gets $50M from investors including DoorDash’s Gokul Rajaram and TransferWise founder Taavet Hinrikus – 98bmp

BukuKas co-founders Krishnan Menon (left) and Lorenzo Peracchione (right) with a BukuKas user BukuKas, a startup focused on digitizing Indonesia’s small businesses, has raised $50 million in Series B funding. The round included participation from Gokul Rajaram, the DoorDash executive, and Taavet Hinrikus, co-founder and chief executive officer of TransferWise. This news comes just four months after BukuKas announced a $10 million Series A led by Sequoia Capital India. BukuKas will […]

todayMay 18, 2021 2

Technology

Property management startup Guesty raises $50M and acquires competitor Your Porter – 98bmp

Guesty, which has created property management software for hosts on short-term rental platforms like Airbnb and Vrbo, is announcing that it has raised $50 million in Series D funding. “In the public markets, there are many players in hospitality property management,” said co-founder and CEO Amiad Soto. “The same thing goes with residential property management. In short-term rentals, there’s no public player — you can bet your money that we […]

todayApril 27, 2021 1

Technology

Mighty Networks raises $50M to build a creator economy for the masses – 98bmp

Mighty Networks, a platform designed to give creators and brands a dedicated place to start and grow communities, has closed on $50 million in a Series B funding round led by Owl Ventures. Ziff Capital Partners and LionTree Partners also participated in the financing, along with existing backers Intel Capital, Marie Forleo, Gretchen Rubin, Dan Rosensweig, Reid Hoffman, BBG Ventures and Lucas Venture Group. The investment brings Palo Alto-based Mighty […]

todayApril 26, 2021 2

Technology

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions – 98bmp

With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according to the FBI’s 2020 Internet Crime Report. Those crimes — ranging from personal and corporate data breaches to credit card fraud, phishing and identity theft — cost victims more than $4.2 billion. For companies like Sift — which aims to […]

todayApril 22, 2021 2

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