Unicorns are hungry for startups
Which of the most valuable private, venture-backed companies is the biggest acquirer of startups? By a wide margin, the winner is Dropbox, which has snapped up at least 23 companies in recent years. Overall, the ten most acquisitive unicorns have bought at least 122 companies, more than 40% of all purchases, according to a Crunchbase analysis. However, there are signs appetites for further M&A are waning some.
ServiceTitan raises $80M
ServiceTitan, a provider of sales and booking software for home services businesses, announced that it has raised $80 million in a Series B round led by Iconiq Capital. The Glendale, Calif.-based company previously raised $18 million from Bessemer Venture Partners.
Hip hop stars outrank rockers in startup scene
Hip hop artists outnumber rock stars in the ranks of active tech investors. That was the finding from a Crunchbase analysis of celebrity investors reported in TechCrunch. More than a dozen hip hop and pop stars have invested in startups, with at least six very active in tech circles.
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