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FireEye to sell products unit to Symphony-led group for $1.2B

Cybersecurity giant FireEye has agreed to sell its products business to a consortium led by private equity firm Symphony Technology Group for $1.2 billion. The all-cash deal will split FireEye, the maker of network and email cybersecurity products, from its digital forensics and incident response arm Mandiant. FireEye’s chief executive […]

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Solar roof-tile and energy startup SunRoof closes €4.5M led by Inovo Venture Partners

SunRoof is a European startup that has come up with a clever idea. It has its own roof-tile technology that generates solar power. It then links up those houses, creating a sort of virtual power plant, allowing homeowners to sell surplus energy back to the grid. It’s now closed a […]

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Fraud prevention platform Seon raises a $12M Series A round led by Creandum

Seon, which lets online businesses fight online fraud like fake accounts has raised a $12 million Series A round led by Creandum, with participation from PortfoLion, part of OTP Bank. The funding appears to be one of Hungary’s larger series A rounds to date.   Seon is a fraud-detection startup […]

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SoFi acquires community bank Golden Pacific Bancorp to speed up its national bank charter process

SoFi, more formally known as Social Finance, announced today that it has agreed to acquire Golden Pacific Bancorp (GPB) for about $22.3 million. The dollar amount is not staggering. What is more notable about the acquisition is that it’s giving SoFi a quick route to getting a national bank charter. […]

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Lt. Gen. John Thompson explains how startups can interact with the Space Force

Space Force’s Lt. Gen. John Thompson spoke at TechCrunch Session: Space earlier this week. Throughout the wide-ranging interview, General Thompson explained the various ways and means for private companies like startups should interact with Space Force. Thompson knows what he’s talking about. As the Commander of the Space and Missiles […]

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GetAccept raises $20M Series B, led by Bessemer, to expand its sales platform for SMBs

Last year all-in-one digital sales platform GetAccept raised a $7 million Series A funding. The platform, which wraps-in video, live chat, proposal design, document tracking and e-signatures, has now raised $20 million in Series B funding, led by Bessemer Venture Partners, as the company expands its platform aimed at SMBs. […]

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App management startup AppFollow raises $5M Series A round led by Nauta Capital

AppFollow, an app management startup, has raised a $5 million Series A round led by Barcelona’s Nauta Capital, alongside existing investors Vendep Capital and RTP Global participating. The Helsinki-headquartered company says benefitted during the pandemic and even in April 2020 as the desire for automation and apps exploded. It says […]

As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

Derek Norton and Jeremy Milken have known each other for twenty years. Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. Milken is taking the plunge into institutional investing, joining Norton […]

Shelf Engine has a plan to reduce food waste at grocery stores, and $12 million in new cash to do it

For the first few months it was operating, Shelf Engine, the Seattle-based company that optimizes the process of stocking store shelves for supermarkets and groceries, didn’t have a name. Co-founders Stefan Kalb and Bede Jordan were on a ski trip outside of Salt Lake City about four years ago when […]

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In a potential big win for renewable energy, Form Energy gets its first grid-scale battery installation

Form Energy, which is developing what it calls ultra-low-cost, long-duration energy storage for the grid, has signed a contract with the Minnesota-based Great River Energy to develop a 1 megawatt, 150 megawatt hour pilot project. The second-largest electric utility in the U.S., Great River Energy’s installation in Cambridge, Minn. will […]