Why aren’t Rackspace and BigCommerce worth more?
This week has brought with it two tasty pieces of IPO news — Rackspace’s return to the public markets and BigCommerce’s debut will be far more interesting now that we know what a first-draft valuation...
View ArticleAfter Shopify’s huge quarter, BigCommerce raises its IPO price range
When BigCommerce, the Texas-based Shopify competitor, first announced an IPO price range, the numbers looked a little light. With a range of just $18 to $20 per share, it appeared that the firm was...
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Go public now while software valuations make no sense
Software valuations are bonkers, which means it’s a great time to go public. Asana, Monday.com, Wrike and every other gosh darn software company that is putting it off, pay attention. Heck, even...
View ArticleIPO mistakes, fintech results and the Zenefits ‘mafia’
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. It’s broadly based on the weekday column that appears on Extra Crunch, but free. And it’s...
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Duck Creek seeks $3B valuation for its software IPO
American software company Duck Creek has upped the stakes in its impending IPO, raising its price target from a range of $19 to $21 per share to $23 to $25 per share. The bump comes as software and...
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Software companies are reporting a pretty good third quarter
What a difference a week makes. This time last week, in the wake of earnings from tech’s five largest American companies and early results from other software companies, it appeared that tech shares...
View ArticleSteve Case’s Revolution is targeting $500 million for its fourth growth fund
Revolution, the Washington, D.C.-based investment firm founded by AOL co-founder CEO Steve Case and former AOL senior exec Ted Leonsis, is raising $500 million for its fourth fund, shows a new SEC...
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BlackCart raises $8.8M Series A for its try-before-you-buy platform for...
A startup called BlackCart is tackling one of the key challenges with online shopping: an inability to try on or test out the merchandise before making a purchase. That company, which has now closed on...
View ArticlePipe17 closes $8M to connect a range of e-commerce tools without any code...
This morning Pipe17, a software startup focused on the e-commerce market, announced that it has closed $8 million in funding. Pipe17’s service helps smaller e-commerce merchants connect their digital...
View ArticleBigCommerce customers can now sell on Walmart’s online marketplace
BigCommerce has partnered with Walmart to allow its customers to sell on the Bentonville, Arkansas-based retailer’s e-commerce marketplace, it announced this morning. Shares of Austin-based BigCommerce...
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Investors still love software more than life
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want...
View ArticleFrom bootstrapped to a $2.1B valuation, ReCharge raises $227M for...
ReCharge, a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 billion valuation. Summit Partners, ICONIQ...
View ArticleShopify’s Q2 results beat estimates as e-commerce shines
Canadian e-commerce juggernaut Shopify this morning reported its second-quarter financial performance. Like Microsoft and Apple in the wake of their after-hours earnings reports, its shares are having...
View ArticleAlloy Automation raises $20M to scale its e-commerce automation tech
Alloy Automation, a Y Combinator graduate focused on connecting different e-commerce tools, announced this morning that it has closed a $20 million Series A led by a16z. The startup characterized the...
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a16z backs Rutter’s goal of being ‘Plaid for commerce’
Seven months after publicly launching its company, Rutter is back with a new capital injection, this time $27 million in a Series A financing round led by Andreessen Horowitz. We first met founders...
View ArticleSleek wants to be the last shopping check-out form you ever fill out
One-click checkout continues to stretch out its moment, and Sleek is the latest startup to get in on the venture capital action, where similar companies like Ownit, Bolt, Checkout.com, OurPass and...
View ArticleAmazon is Primed for online domination
We talk about bulls in china shops, but what about bulls running through the streets of entire shopping districts, or other neighborhoods? This morning, Amazon unveiled a new feature that will test...
View ArticleHow to evolve your DTC startup’s data strategy and identify critical metrics
Michael Perez Contributor Share on Twitter Michael Perez is director of growth and data at M13. Direct-to-consumer companies generate a wealth of raw transactional data that needs to be refined into...
View ArticleGradient Ventures-backed Shypyard aims to ‘raise the sales’ for DTC merchants
Shypyard provides tools for entrepreneurs who want to start an e-commerce business but don’t know how to do it. © 2023 TechCrunch. All rights reserved. For personal use only.
View ArticleHow 3 tech companies are navigating a complicated macro environment
We talked to the CEOs of Appian, Amplitude and BigCommerce about how to best navigate the present market conditions in terms of investment and caution. © 2023 TechCrunch. All rights reserved. For...
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