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Laura Cooper / Wall Street Journal:
Sources: Vista Equity will acquire a majority stake in SalesLoft, which offers sales engagement tools, at a $2.3B valuation; SalesLoft has $100M+ ARR — The deal comes as technology-focused Vista is gearing up to raise its largest buyout fund yet — Vista...
Todd Spangler / Variety:
AT&T plans to sell its Xandr programmatic advertising marketplace to Microsoft; the deal would not involve the ad sales business behind DirecTV — Financial terms of the deal were not disclosed; the transaction is subject to customary closing conditions, including...
Tackle.io, an Idaho-based startup that helps software companies sell through cloud marketplaces such as AWS’s, announced today it has raised a $100 million Series C funding round. Co-led by Coatue and Andreessen Horowitz, the round also counted with participation from Bessemer Venture Partners...
With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity.
Cars24, a startup...
Financial Times:
US software executives have cashed in hundreds of millions of dollars of stock this year, as the SEC looks to tighten rules around sales by insiders — Chief of high-flying Snowflake sells $344m this week, capping a spate of insiders selling software shares
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Kyle Orland / Ars Technica:
Legacy, an NFT-powered game by Peter Molyneux's 22cans studio and Gala Games planned for next year, raised $54M in virtual land NFT sales in less than a week — But are these games a brave new world or a FOMO-driven gold rush bubble? — On Saturday, Peter Molyneux's...
Kalendar AI, a San Francisco-based startup that’s been building on top of GPT-3‘s language model — developing a SaaS for automating lead generation and sales outreach to make it easier for companies to get initial meetings with prospective customers — has raised $3.2 million in pre-seed funding...
Rest of World:
A look at Chinese fast fashion online retailer Shein, as 2020 sales reportedly hit $10B thanks to knockoff items, a nimble supply chain, and social media — By connecting China's garment factories with Western Gen-Z customers, Shein ushered in a new era of “ultra-fast” shopping.
Unique, a video calls platform that uses AI to teach sales teams how to improve their pitches, has closed a $6 million Seed round from a bunch of Angel investors. These include Phillip Stauffer, U.S based founder and general partner of Fyrfly Venture Partners, and Daniel Gutenberg.
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Joe Williams / Bloomberg:
Salesforce Chief Revenue Officer admits the MuleSoft unit is “going through a bit of a rough patch”, amid a wave of high-level departures, sales growth slowdown — - Unit key to company's future ‘Customer 360’ ambitions — Executive says MuleSoft has hit ‘a bit of a...
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Hristina Yordanova / DappRadar:
The four leading virtual worlds recorded over $100M in NFT land sales in the past week, with The Sandbox alone seeing trading volumes of over $86M — The Sandbox alone attracted more than $86 million in land sales — Metaverse land is the new big hit in the...