Codecademy, the online learning platform for coding and technical skills, has agreed to be acquired by Skillsoft, a provider of corporate digital learning. The transaction is structured as a combination of stock and equity, valuing Codecademy at $525M.
Naval Ravikant
B12 Raises $15.7M for its Online Enablement Platform for Professional Services Firms
The pandemic has changed the way that most organizations approach their businesses with a rapid acceleration in digital adoption across most industries. Professional services firms are no different. Long reliant on human relationships and expertise, these types of businesses are now adjusting to the reality of building business relationships where virtual connections are dominant and customer engagement aided by technology is absolutely necessary. B12 is an all-in-one platform for professional services firms to launch and maintain their businesses online. The platform offers a suite of services that handle common tasks such as website builds, payment processing and invoicing, SEO, CRM, email marketing, and online scheduling. B12 focuses on sub-50 employee firms across the accounting, consulting, mortgage brokerages, and law verticals. Since the company’s founding in 2015, B12 has helped more than 150,000 professional service firms. Pricing for the basic package starts at $149/mo. plus a one-time $999 setup cost. AlleyWatch caught up with B12 Cofounder and CEO Nitesh Banta to learn more about how a middle friendship led to the formation of the business, the company’s strategic plans, latest round of funding from investors that include Tola Capital, General Catalyst, Naval Ravikant, and Breyer Capital.
#NYCtech Week in Review: 10/17/21 – 10/23/21
11 new startup deals representing just shy of $350M in new funding for NYC startups last week. NYC Tech News for the week ending 10/23 featuring news for Toolio, Histowiz, and much, much more.
The AlleyWatch Startup Daily Funding Report: 10/22/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/22/2021 featuring funding details for B12, Click Therapeutics, and much more.
The Weekly Notable Startup Funding Report: 6/21/21
The Weekly Notable Startup Funding Report takes us 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 funding rounds for the week ending 6/19/21 featuring funding details for Eltropy, Curate, Coinme, BookClub, and thirty other rounds that you need to know about.
Stack Overflow to be Acquired by Prosus for $1.8B
Stack Overflow, the leading knowledge-sharing community for developers and technologists, is being acquired by Prosus, an internet holding company and investment firm, in a transaction that values the company at $1.8BM.
The Weekly Notable Startup Funding Report: 5/31/21
The Weekly Notable Startup Funding Report takes us 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 funding rounds for the week ending 5/29/21 featuring funding details for CLub Feast, FarEye, Axle, LifeQ, and twenty-eight other rounds that you must know about.
#NYCtech Week in Review: 3/14/21 – 3/20/21
$1.2B invested in NYC startups in the past week; three newly-minted unicorns and one decacorn. NYC Tech News for the week ending 3/20 featuring news for Apploi, Hugging Face, and much, much more…
The AlleyWatch Startup Daily Funding Report: 3/19/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/19/2021 featuring funding details for OpenSea, Fetcher.ai, and much more.
The AlleyWatch Startup Daily Funding Report: 3/18/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/18/2021 featuring funding details for Cylera, SecurityScorecard, and much more.
#NYCtech Week in Review: 10/18/20-10/24/20
NYC Tech News for the week ending 10/24 featuring news for Flick, Lili, Here, and much more…