Sources say Web Summit Ventures will be a new $40M follow-on fund

Web Summit, one of the world’s largest events centered around technology startups, is to launch a brand new venture capital vehicle consisting of two new funds, TechCrunch understands. The move follows an acrimonious fall-out between Web Summit’s...

Sources say Web Summit Ventures will be a new $40M follow-on fund

Web Summit, one of the world’s largest events centered around technology startups, is to launch a brand new venture capital vehicle consisting of two new funds, TechCrunch understands. The move follows an acrimonious fall-out between Web Summit’s...

Parler forms a new parent company to offer ‘uncancelable’ cloud services

One of the alternative social networks to emerge out of the social media backlash of the Trump era is apparently going to try something new. Parler announced Friday that it has acquired a cloud company called Dynascale in order to expand its vision beyond offering an...

General Atlantic buys out SoftBank’s 15% stake in edtech Kahoot, now valued at about $152M vs the $215M SoftBank ponied up 2 years ago

SoftBank’s retreat from its past investing exuberance continues apace. This morning, Kahoot, the Norwegian startup that provides a popular platform for people to build and use education-focused games, announced that General Atlantic is buying out...

Dope Security emerges from stealth to shake up the SWG market

San Francisco-based cybersecurity startup Dope Security has launched from stealth with $4 million in funding to modernize the secure web gateway market. A secure web gateway, or SWG, is a network security device that acts as a barrier between users and malicious web...

Runa Capital kicks off new fund as it joins the VC ‘Scramble for Europe’ by moving to Luxembourg

Runa Capital, which launched there in 2010, says it has raised $55 million towards its fourth fund, aiming for a hard cap of $250 million. And after 12 years in the US, the normally Palo Alto-based VC says it is now relocating its HQ to Luxembourg, to re-focus its...