After announcing a strategic partnership with SoftBank in April, Perplexity — the AI search engine that has ambitions to take on Google — is now using the deal […]
Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund
Small VC firms require deep trust, mutual support, and long-term commitment among the partners —a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO […]
DeepL, the AI language translation startup, nabs $300M on a $2B valuation to focus on B2B growth
Yet more major funding is being poured into a startup focused on AI. Today, DeepL – the company that builds automated text translation and writing tools that compete […]
VC fund performance is down sharply — but it may have already hit its lowest point
Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. […]
Citigroup’s VC arm invests in API security startup Traceable
In 2017, Jyoti Bansal co-founded San Francisco-based security company Traceable alongside Sanjay Nagaraj, a former investor. With Traceable, Bansal — who previously co-launched app performance management startup AppDynamics, […]
Rubrik’s shares climb 20% in its public debut
Rubrik shares hit the New York Stock Exchange Thursday debuting at $38 a share. The cybersecurity company priced it shares at $32 apiece Wednesday night, just a hair […]
Perplexity is raising $250M+ at a $2.5-$3B valuation for its AI search platform, sources say
Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at […]
IVP’s Eric Liaw on the firm’s giant new fund, that Klarna kerfuffle, and why looks can be deceiving when it comes to firm succession
When IVP recently announced the closing of its 18th fund, I called Eric Liaw, a longtime general partner with the growth-stage firm, to ask a few questions. For […]