Levelpath, a procurement software startup founded by the duo behind Scout RFP, has raised $55 million in Series B funding led by Battery Ventures as the company looks to quadruple its revenue this year. The funding round also saw participation from existing investors, including Benchmark, which led Levelpath’s $14.5 million seed round, and Redpoint, the […]

On Monday, Clio, a 17-year-old Canadian law firm management software company, announced that it has agreed to acquire vLex, a 26-year-old legal data intelligence platform, in a $1 billion cash-and-stock deal. The announcement comes about a year after Clio’s massive $900 million funding round, which nearly doubled the Vancouver, British Columbia-based company’s valuation from $1.6 […]

Genesis AI, a startup that aims to build a foundational model for powering all kinds of robots, has emerged from stealth with a giant $105 million seed round co-led by Eclipse and Khosla Ventures. Founded last December by Zhou Xian (pictured above, left), who holds a PhD in robotics from Carnegie Mellon University, and Théophile […]

An IPO may not be on your near-term roadmap, but the best founders start planning for it long before the bankers show up. At TechCrunch All Stage on July 15 at Boston’s SoWa Power Station, Mo Jomaa, partner at CapitalG (Alphabet’s independent growth fund), will lead a session titled “What to Think About Now If You Want to […]

Figma publicly shared its financials Tuesday, inching the design software company closer to an IPO. And while this initial S-1 is missing details such as number of shares to be offered and what price, the regulatory filing provides the clearest view yet of its financial health — and potential. IPO experts Renaissance Capital estimate that Figma could raise […]