Startup

New YorkRRE Ventures raises $265M for its new fund

RRE Ventures has raised $265 million for its latest fund.

The firm was founded back in 1994, and this is its seventh fund (eighth if you include a separate “opportunity” fund for making follow-on investments). Exits in the last few years include Bitly (acquired by Spectrum Equity), Business Insider (acquired by Axel Springer) and TapCommerce (acquir

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Seniors over 65 are one of the fastest growing age groups in the United States, but they are still an underserved market. Many don’t need assisted living or in-home care, but they do need help with transportation and errands. Most of all, however, the elderly want companionship. Papa, a service that bills itself as “grandkids on-demand,” wants to f

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BigID scores $30 million Series B months after closing A round

BigID announced a big $30 million Series B round today, which comes on the heels of closing their $14M A investment in January. It’s been a whirlwind year for the NYC data security startup as GDPR kicked in and companies came calling for their products.

The round was led by Scale Venture Partners with participation from previous investors ClearSky

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Tact $27M Series C attracts Amazon, Microsoft and Salesforce

It’s not often you can get three cloud giants like Amazon, Microsoft and Salesforce to agree on much of anything, but today they were all part of a $27 million Series C investment in Tact.ai, a startup that has been trying to change the way sales people interact with information in CRM systems using voice.

Amazon Alexa Fund, Salesforce Ventures

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“So what’s going on here then” I ask. “Two good friends just got even better [friends],” replies TransferWise co-founder Kristo Käärmann laughing, while Monzo co-founder Tom Blomfield, who is also on the video call, smiles approvingly. “Sorry for spoiling your news,” I tell the pair, who I’m interviewing ahead of an announcement today that the two

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Open source sustainability has been nothing short of an oxymoron. Engineers around the world pour their sweat and frankly, their hearts into these passion projects that undergird all software in the modern internet economy. In exchange, they ask for nothing in return except for recognition and help in keeping their projects alive and improving

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