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Nelo joins the BNPL rush, with $20M in new funding and the Mexican market in its sights

TechCrunch

New investors include angels like Gokul Rajaram and Emilie Choi, founders and employees from Wealthsimple, Orum, Alloy, Chime, Square and funds/syndicates in addition to Primer Capital, Gaingels and Moving Capital. Nelo is planning to use its new capital to grow its consumer and merchant base, and to continue to build out its team.

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This serial founder is taking on Carta with cap table management software she says is better for founders

TechCrunch

Yin Wu has co-founded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as a software engineer. Wu is going up against some pretty powerful competition. Carta was just valued at $1.7

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Call center automation software vendor Replicant raises $78M

TechCrunch

Replicant , one of the more prominent vendors in the call center automation space, today announced that it raised $78 million in Series B funding led by Stripes with participation from Salesforce Ventures, Omega, IronGrey, Norwest and Atomic. ” To date, Replicant has raised $110 million in venture capital.

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The Decline of New SaaS Company Formation

Tomasz Tunguz

In 2011-2013, about 1450 software companies were founded each year on average. This is counterintuitive considering the broader venture capital backdrop of near record venture investment in software. The rate of new software company formation seems to have declined materially in the past few years.

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Ed Zimmerman: The Growing Scarcity of Series B Venture Rounds

WSJ - The Accelerators

For instance, as I’ve previously written , “In 2011, only 28% of Europe’s venture-backed tech deals were seed stage… [but] in 2013 and 2014, roughly half of all European tech venture deals were seed stage.” So more of these companies march into the wide mouth of the funnel. Because the U.S.

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This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century

TechCrunch

As Vijayan tells it, he knew nothing about cars until joining Tesla in 2011, following a dozen years of working in product development at Oracle, then VMware. Instead, they found themselves tracking incumbents Reynolds & Reynolds, CDKGlobal and Cox Automotive’s Dealertrack — and waiting for a better player to emerge.

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The Breakout Tech Company Of 2018

Haystack

Had I begun this tradition earlier, for those wondering, it would’ve been Airbnb in 2012, and Uber in 2011.). venture capital deals, a spike in mega-financings where it’s common to see not only $100M private rounds, but companies that raise two or three types of financings like this in the same calendar year!