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Interview: Tim Draper Doubles Down On Europe
DFJ, the storied Silicon Valley venture capital firm, has built out a global presence not just through direct investments but through a network of firms that are affiliated with the mothership yet raising and investing from their own funds. Now that network is going through some changes, and with it comes a new role for one of the firm’s founders. The DFJ Network has rebranded to… Read More
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European Mobile Payment Startup SumUp Discloses A Total $45M In Funding
In the rush of companies crowding into the mobile payment space, a startup out of Europe has announced more funding to grow its footprint and add contactless hardware. SumUp, a startup originally founded in 2012 in Berlin that competes against the likes of iZettle and Rocket Internet’s Payleven, has raised an undisclosed amount led by Swiss backer Venture Incubator. The exact figure is… Read More
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The Agenda For The Europas Conference: AI, Drones, Health, FinTech, Fashion & More
The Europas Conference & Awards for European Tech Startups is on on June 16 in London, and TechCrunch is the exclusive Media Partner. Think ‘a summertime Crunchies, with a daytime unconference attached, by a sunny River Thames’. The agenda for the event has just been released. You can find it here and the roster of international speakers is here.
Attendees will automatically… Read More
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Speakers At The Europas Conference And Awards Reflect Europe’s Diversity, June 16, London
The Europas Conference & Awards for European Tech Startups, on June 16 in London, is an annual celebration of Europe’s brightest tech companies. From a small bar in central London in 2009, it’s become a fixture of the European scene, with its highly curated daytime speakers and audience, which combines the key startup players in Europe, as well as the hottest newcomers,… Read More
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A16Z Leads $58M Round In UK’s TransferWise To Ramp Up Its P2P Transfer Business
TransferWise, the fast-growing UK-based P2P money transfer startup that has reportedly been in talks with Facebook for remittance services, has raised now raised a large round of funding led by one of the social network’s earliest backers. Andreessen Horowitz is heading up a $58 million round of investment in TransferWise, a Series C round with participation also from previous backers… Read More
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Months After Taking On A New Name And Biz Model, The Mobile Majority Reports A $50M Revenue Run Rate
Six months ago, mobile advertising startup PaeDae changed its name to The Mobile Majority, adjusted its business model, and raised some extra money. Now founder and CEO Rob Emrich is saying that the move has paid off, with the company hitting a $50 million revenue run rate in November. When I wrote about PaeDae last year, it had built a mobile rewards network and was looking to expand into… Read More
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Messaging App Nimbuzz Goes To UK’s New Call In $250M Deal
Yet more consolidation in the messaging app business: Nimbuzz, an early mover in messaging that currently has 200 million+ users with a large number of those in India, has been majority acquired by New Call. The UK-based provider of low-cost fixed line and broadband services has taken a 70 percent stake in the business for $175 million, valuing the full company at $250 million according… Read More
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Here’s The 3 Reasons Europe Green-Lighted Facebook’s $19B WhatsApp Deal
The EU has approved Facebook’s landmark $19 billion acquisition of messaging startup WhatsApp — determining that the two are “not close competitors”. In a statement confirming the clearance, it highlights three key areas where it believes the two do not create an anticompetitive environment for other players in this space: consumer communications services; social… Read More
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