Microsoft’s venture fund, M12. led the round, which also included participation from PayPal and USVP.
Business
We look at the current economic situation to try to navigate what’s ahead with an analysis of the 2008 downturn and how that impacted funding.
As part of the financing, BlackRock has taken a ”significant minority stake” in iCapital Network.
The San Francisco-based startup had raised just over $20 million in funding since it was founded in 2015.
Ada, a SaaS operator, has built an AI chatbot onto its platform with the goal of helping companies save money and improve customer satisfaction.
Less than five months after raising a $200 million Series D, mobile game publisher Scopely has closed on a $200 million extension of that round.
Bill Harris, former Intuit CEO and founding CEO of PayPal, helped launch the company last year.
What advantages might the evergreen structure provide in fast-changing market cycles?
Groupon co-founder Eric Lefkofsky started Tempus in September 2015. This round comes comes less than 10 months after the startup raised $200 million.
The spread of coronavirus has put a halt on travel plans, crushing shares of hotel chains, airlines and cruise lines.
Dubbed JetPack, the program is designed to help people who live outside of Brazil explore innovative ideas with a little help.


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