Author: pekandesigns

LogMeIn announced this morning that it has agreed to be sold for $4.3 billion to affiliates of Francisco Partners and Evergreen Coast Capital Corporation, the private equity affiliate of Elliott Management Corporation. The purchase price comes out to $86.05 per share in an all-cash deal. The company had a 52-week high of $96.87 per share […]

Luminary, a startup building a “Netflix for podcasts,” is now trying a new tack to gain subscribers for its premium service. The company is today launching an Alexa skill that will allow podcast listeners to stream content on Echo speakers and other Alexa-powered devices, using voice commands. In addition, Luminary is also becoming the first […]

Entrepeneur First, the London headquartered “talent investor” and company builder backed by Silicon Valley’s Greylock, is losing long-time employee Matt Wichrowski to a career in venture capital. TechCrunch has learned that Wichrowski, who is currently running EF’s “Launch” programme in Europe and is an angel investor, is joining Berlin-based Fly Ventures where he’ll be giving […]

Belgium-based all-in-one business software maker Odoo, which offers an open source version as well as subscription-based enterprise software and SaaS, has taken in $90 million led by a new investor: Global growth equity investor Summit Partners. The funds have been raised via a secondary share sale. Odoo’s executive management team and existing investor SRIW and […]

Oto, a startup spun off from research at SRI International to help customer service operations understand voice intonation, announced a $5.3 million seed round today. Participants in the round included Firstminute Capital, Fusion Fund, Interlace Ventures, SAP.iO and SRI International . The startup has raised $6.5 million including a previous $1 million seed round, according […]

For years, startups have been encouraged to grow at all costs. That hasn’t always turned out so well, and founders are feeling pressure for the first time in a long time to do a better job of keeping track of their spending — and their return on investment. Enter Pepper, an L.A.-based company that has […]

Estate planning in the U.S. is a $180 billion industry and unlike many of the other areas in the multi-trillion dollar financial services market, it’s one that has yet to see a slew of technology companies come in to try and improve efficiencies. One notable exception is Trust & Will, the San Diego-based startup that […]

Open source has become a critical building block of modern software, and today a new startup is coming out of stealth to capitalise on one of the newer frontiers in open source: using it to build and manage distributed application environments, an approach being used increasingly to handle large computing projects, such as those involving […]

This morning ProdPerfect, a technology startup focused on web application testing, announced a $13 million Series A led by Anthos Capital. Anthos is perhaps best known for investing in Honey, a startup which recently sold to PayPal for several billion dollars. ProdPerfect, a remote-focused company, closed a $2.6 million Seed round earlier in 2019. Fika Ventures and Eniac Ventures took part in the Series […]