Kustomer, the customer service messaging and management platform, has agreed to be acquired by Facebook. While the terms of the transaction were not disclosed, it has been widely reported that the transaction value is $1B.
If you are in need of a job or customers, every single one of these companies just raised hundreds of millions of dollars. Everything you need to need to know about the largest global startup funding rounds of Q2 2020; broken down by industry, stage, investors, and more…
Another day, and another NYC Tech exit. The third acquisition this week. Facebook nabs GIPHY in a $400M transaction.
There were 405 acquisitions of New York companies in 2019, down from the 409 in 2018. Today, I shine a spotlight on 22 of these notable transactions involving NYC startups that were acquired during 2019. I have included the acquiree, the acquirer, transaction amount (when available), time from founding to exit (the average for this group was 6.14 years), as well as investors and total funding raised by the target.
Everything you need to need to know about the largest global startup funding rounds for August 2019; broken down by industry, stage, investors, and more…
The Weekly Notable Startup Funding Report takes on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 8/3/19 featuring funding details for Sense, Ordermark, Compass, and much much more.
The startup world is growing up! Ten years ago, the average age of a startup hire was around 25 (remember when Mark Zuckerberg proclaimed that “young people are just smarter”?). But today, tech is a maturing industry – not just for the post-college set; especially since the financial crisis, it’s attracting the eye of experienced professionals who in years […]
Facebook recently announced changes to its news feed algorithm to prioritize posts from friends and family, especially those with high engagement. As a result, small businesses are worried about how they will continue to stand out and connect with prospects on Facebook if their posts reach an even smaller percentage of their followers than before. In a recent […]
Every new business or product owner wants to attract the broadest possible audience, so they are prone to adding more features, multiple sales channels and appealing to every demographic. Unfortunately, often the result is potential customers who are confused and the limited resources of your business are spread too thin. This causes customers and investors […]
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News this week including the fundings, exits, and events.