WayUp gets $18.5 million more to help college grads find jobs

 Recent college grads need a better way to search for jobs. Or at least, that’s the thesis of New York-based WayUp, which recently raised $18.5 million in Series B funding to execute on this vision. Trinity Ventures, which led the investment, is also gaining a board seat via partner Karan Mehandru. Existing investors, including General Catalyst, Lerer-Hippeau Ventures and SV Angel… Read More

Rent the Runway raises $60 million

WASHINGTON, DC - NOVEMBER 24: General view of General view of The Rent the Runway DC store Opening at Rent The Runway on November 24, 2014 in Washington, DC. (Photo by Kris Connor/Getty Images for Rent The Runway) Fashion e-commerce powerhouse Rent the Runway has confirmed that it raised $60 million in a funding round led by Fidelity Investments. Technology Crossover Ventures, Bain Capital Ventures, Highland Capital Partners and Advance Publications are also participating in the round. Recode, which first reported the news, was told that the valuation was a “significant step up” from the… Read More

Rent the Runway raises $60 million

WASHINGTON, DC - NOVEMBER 24: General view of General view of The Rent the Runway DC store Opening at Rent The Runway on November 24, 2014 in Washington, DC. (Photo by Kris Connor/Getty Images for Rent The Runway) Fashion e-commerce powerhouse Rent the Runway has confirmed that it raised $60 million in a funding round led by Fidelity Investments. Technology Crossover Ventures, Bain Capital Ventures, Highland Capital Partners and Advance Publications are also participating in the round. Recode, which first reported the news, was told that the valuation was a “significant step up” from the… Read More

Check out the trailer for our new series “The Down Round”

thedownround_569x320 The new series “The Down Round” is a six-episode look at what many are considering the burst of the Silicon Valley bubble. While Silicon Valley has boomed for most of the past decade, funding has become harder to come by and unicorns are having trouble proving their worth. Companies that have raised huge funds are folding. However, venture funds are richer than ever, but are just… Read More

DroneDeploy raises $20 million to help any business put drones to work

An elevation map created using DroneDeploy. A San Francisco-based startup called DroneDeploy has raised $20 million in Series B funding to grow their drone data management platform. The drone tech startup closed its Series B deal just before the U.S. Federal Aviation Administration is scheduled to implement new rules governing commercial and industrial drone use. The Part 107 rules, announced by the FAA in June this year, will take hold… Read More

Midokura raises $20M Series B round for its network virtualization platform

2016-06-07_1519 Network virtualization specialist Midokura today announced it has raised a $20 million Series B round with participation from Japanese fintech company Simplex and existing investors like Allen Miner and the Innovation Network Corporation of Japan. With this round, Midokura’s total funding has now hit $44 million. As enterprises move away from expensive proprietary networking hardware… Read More