Andreessen Horowitz
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Families Get Screwed Sending Dollars To Mexico. TransferWise Does It 4X Cheaper
Money transfers are a crooked racket. They’re designed to hide just how much cash they steal from immigrant workers sending funds to family back home. Western Union, Moneygram, even PayPal’s Xoom trumpet that they only charge around $5, but quietly pocket people’s money by setting their own unfair exchange rate. TransferWise wants to put an end to all this bullsh*t. Today the… Read More
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Meteor Raises $20M To Build The One JavaScript Stack To Rule Them All
The competitive landscape for app development tool providers continues to become tighter, with Meteor Development Group raising $20 million for its stack of frameworks and tools for developing web and mobile applications in JavaScript. Zenefits Just Raised $500 Million At A $4.5 Billion Valuation
Zenefits today said it has raised $500 million in a round led by Fidelity and TPG at a whopping $4.5 billion valuation. The company, which allows small- and medium-sized businesses to manage human resources services in a much simpler fashion, is one of the fastest-growing SaaS businesses ever, and in an interview, Zenefits CEO Parker Conrad said the big round was raised to keep the company… Read More
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Illumio Raises $100M More For Enterprise Security That Goes Beyond The Firewall
As the number of IT breaches continues to rise, startups that are coming up with creative ways of tackling the issue are growing, too. In the latest development, Illumio — a startup that aims to secure enterprise computing environments beyond their firewall perimeters by covering processes and applications in data centers and public and private clouds — is today announcing that… Read More
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Andreessen-Backed Teleport Launches A Mobile Search Engine For Globally Nomadic Tech Workers
It’s a big hairy vision — knowledge-workers freely migrate around the globe, and city and federal governments compete to lure them. Teleport, a startup founded by early Skype employees around the idea of supporting an increasingly global mobile workforce, is taking another step toward that reality today. It’s launching a set of iOS and Android apps that help tech workers find… Read More
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ToutApp Raises $15M To Build Email Tools For Salespeople
Email-focused startup ToutApp has raised a $15 million Series B led by Andreessen Horowitz.
The company started out as an email-tracking tool, but founder and CEO Tawheed Kader told me that his team discovered that salespeople “used the product the most, complained the least, and stuck around the longest.” So ToutApp decided to do a “zoom-in pivot” and focus on that… Read More
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VCs Don’t Think We’re In A Tech Bubble — Yet
Andreessen Horowitz managing partner Scott Kupor argued that there doesn’t seem to be a bubble in tech at the PreMoney 2014 conference in San Francisco this morning. In a presentation that lasted a bit over ten minutes, Kupor laid out a series of trends that indicate things aren’t quite as exuberant as some fear. Read More
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