Duncan Riley
Latest from Duncan Riley
Delivery Hero raises new round of $110m on a $3.1b valuation
Online food ordering site Delivery Hero Holding GmbH has raised $110 million in new funding based on a $3.1 billion valuation. It’s not clear from reports whether this was a new round, or an extension of its previous Series H round of $568 million in February, or its subsequent venture funding of €52 million ($57.7 ...
Overstock to issue $25m bond offering that utilizes the Bitcoin Blockchain
Overstock.com, Inc. is treading into new territory with the e-commerce giant announcing it will issue a $25 million bond offering that utilizes the Bitcoin Blockchain. “The cryptorevolution has arrived on Wall Street,” Overstock Chief Executive Officer Patrick M. Byrne said in a statement. “We’re making it official by offering the world’s first cryptosecurity.” The issuance ...
Cloud SaaS firm SunGard files for $100m IPO, may yet be acquired before it gets there
Cloud Software as a Service (SaaS) firm SunGard Data Systems, Inc. has filed for an initial public offering and is looking to raise $100 million, although the possibility of it being acquired before going public is still present. According to The Wall Street Journal, the $100 million figure is likely a placeholder number, and the ...
Bitcoin Capital passes $1m in equity crowdfunding campaign
New venture capital fund Bitcoin Capital has passed the $1 million raised mark on equity CrowdFunding platform BnkToTheFuture.com. The fund, which launched its capital raising on May 14 aiming to raise $1 million, passed the total Thursday with 6 days still remaining to reach its target. Bitcoin Capital, run by financial journalist, entrepreneur, and investor ...
Chinese hackers breach Office of Personnel Management, steal 4m employee records
Chinese hackers have breached the Office of Personnel Management (OPM) and obtained the records of over 4 million present and present employees, officials said Thursday. The agency, which handles government security clearances and federal employee records, detected the breach in April following the implementation of an “updated cyber security posture.” OPM said in a statement ...
Big Data and analytics consulting marketplace Experfy raises $1.5m
Harvard-based Big Data and analytics consulting marketplace Experfy, Inc. has raised a seed round of $1.5 million. Investors included XPRIZE Chairman and CEO Peter Diamandis, Harvard Business School Professor Tarun Khanna; Intrado President George Heinrichs; Former Chief Innovation Officer of the Agency for International Development Maura O’Neill; Former president of Singularity University Neil Jacobstein; Thomson ...
LINE launches Popcorn Buzz, a teleconferencing app that supports up to 200 people
Messaging giant LINE Corp. has launched a new app called Popcorn Buzz, a teleconferencing app that allows users to talk to up to 200 people at the same time. Described by the company as a “a revolutionary free group call app that allows up to 200 participants to simultaneously converse” the app offers powerful group ...
Bitcoin Blockchain financial trading startup Mirror raises $8.8m Series A
Bitcoin Blockchain financial platform startup Mirror (Vaurum Labs, Inc.) has raised $8.8 million Series A in a round led by Route 66 that included existing investors Battery Ventures, Crosslink Capital, RRE Ventures, and Tim Draper. As part of the deal, Route 66 partner Pascal Bouvier will join Mirror’s board of directors. Originally founded as a Bitcoin ...
Yahoo pays $20m+ to exclusively live stream NFL game for free in October
The National Football League’s (NFL) first free, legally live streamed regular season game is coming, and much to delight of some, and the horror of others, it is being presented by Yahoo!, Inc. In a statement released Wednesday, Yahoo confirmed that it would stream NFL’s International Series game in London, between the Buffalo Bills and ...
Money medication: pharmacy startup PillPack raises $50m Series C
Online pharmacy startup PillPack, Inc. has raised $50 million Series C in a round led by CRV that also included Accel Partners, Atlas Venture, Menlo Ventures, and Sherpa Ventures. Founded in 2013, PillPack aims to take on pharmacy giants such as The Walgreen Co. by offering home-delivered customized prescription medication, along with vitamins and non-prescription ...









