Page 144 - Brex News Today

Mayer Brown This February, the Financial Industry Regulatory Authority, Inc. ("FINRA") released its Report on FINRAs Examination and Risk Monitoring program (the "Report"). Ward and Smith, P.A. Agribusiness may not be an industry that the public at large often associates with data breaches and hacking, but whatever the perception may be, the agricultural sector of the American economy is... Cooley LLP David Navetta and Paul Moura discuss their thoughts on the importance of cyber insurance in th...

Daily Crunch: A huge fintech exit as the week ends To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Our thanks to everyone who wrote in this week about the format changes to the newsletter! Feedback largely sorted into two themes: Some people really like the more narrative format, and some folks really want a more link-list styled missive. What follows is an attempt to balance both perspectives. Starting today...

AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for April 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis. Round: Series D Description: New York-based Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded...

Extra Crunch roundup: How Duolingo became an edtech leader The pandemic has just pushed edtech mainstream, but language-learning startup Duolingo had already spent the past decade figuring out how to build a successful edtech app. In our latest installment of the EC-1 series, Natasha Mascarenhas goes deep with the company to understand how it found product-market fit, then figured out how to grow like a consumer tech startup and monetize like a SaaS startup. After a record 2020, the Pittsburgh-...

Figure raises $7.5M to help startup employees better understand their compensation The topic of compensation has historically been a delicate one that has left many people — especially startup employees — wondering just what drives what can feel like random decisions around pay and equity. Last June, software engineers (and housemates) Miles Hobby and Geoffrey Tisserand set about trying to solve the problem for companies by developing a data-driven platform that aims to help companies struc...

AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from April 2021. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group ...

Why did Bill.com pay $2.5B for Divvy? As expected, Bill.com is buyingDivvy, the Utah-based corporate spend management startup that competes with Brex, Ramp and Airbase. The total purchase price of around $2.5 billion is substantially above the company’s roughly $1.6 billion post-money valuation that Divvy set during its $165 million, January 2021 funding round. Divvy’s growth rate tells us that the company did not sell due to performance weakness. Per Bill.com, the transaction incl...

Identity Infrastructure Company Persona Secures $50 Million Through Series B Funding Round Led By Index Ventures   Persona, a U.S.-based identity infrastructure company offering businesses the building blocks to create a personalized identity verification experience for any use case, announced on Tuesday it secured $50 million through its Series B funding round, which was led by Index Ventures with participation from Coatue. Founded in 2018, Persona enables businesses to seamlessly verify cus...

The identity verification space has been heating up for a while and the COVID-19 pandemic has only accelerated demand with more people transacting online. Persona, a startup focused on creating a personalized identity verification experience “for any use case,” aims to differentiate itself in an increasingly crowded space. And investors are banking on the San […]

Bill.com Is Set To Acquire Utah Billion-Dollar Software Startup Divvy Share to Facebook Share to Linkedin Less than five months after vaulting to a $1.6 billion valuation, Divvy, an expense reporting startup for small businesses, is in talks to be acquired.   Bill.com, a cloud software-based platform that helps small and midsize businesses with back-office financial operations, is Divvy’s expected buyer, two sources tell Forbes. The companies may be planning to announce the deal as soon as...