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Travis Kalanick reportedly sought to reassert control at Uber after ouster
Just under two months after resigning from Uber, former CEO Travis Kalanick has reportedly asked some former colleagues if they would support him in a potential shareholder battle, according to a new report by The Information. You’ll periodically find these kinds of proxy fights happening at public companies, but after his ouster, it appears that Kalanick still may want to try to gain… Read More
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Cockroach Labs announces $27M Series B and enterprise tier for its reliable database
“A database that replicates itself and is meant to survive” — that was the connection that Cockroach Labs CEO Spencer Kimball made between the startup’s memorable name and its value proposition. Despite entering a crowded market, Cockroach has been able to gain the favor of some of the best known VCs in tech. Today’s $27 million Series B is being led by… Read More
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With Series A funding from Benchmark, Prefer takes the wraps off its new marketplace
Between Thumbtack, Yelp, Angie’s List and Amazon, it wouldn’t appear that the world needs a new platform that matches customers with service professionals. That’s not the way Julio Vasconcellos sees it, clearly. Vasconcellos has spent the last year-plus working on a services platform called Prefer. Read More
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A stealthy startup called Cerebras raised around $25 million to build deep learning hardware
Benchmark is doing another big investment before the end of the year, and this time it’s in a hardware startup called Cerebras Systems. From what we hear from sources, the round (which we heard others were participating in) is somewhere around $25 million, though it could be as high as $30 million. Details on the company are extremely sparse — we can’t even really find… Read More
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Zenly raises $22.5 million from Benchmark for its location-sharing app
French startup Zenly has raised $22.5 million over the summer from Benchmark and a few other investors. Business Insider first reported the round and TechCrunch got an official confirmation. Here’s what we know.
Benchmark is leading the round with Peter Fenton joining the board of the company. Fenton has invested in a few social network companies and also is a board member of Twitter. Read More
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Quip Gets $30M From Greylock And Benchmark To Grow Its Mobile-First Word Processing App
Some big news today for Quip, the mobile-first word processing and collaboration app that competes with the likes of Google Docs. The eponymous startup behind the service has raised $30 million in funding — a Series B round led by Greylock with participation from Benchmark. Along with the funding, Quip is announcing some key people joining its team. Patrick Moran — who had been… Read More
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