DroneDeploy raises $20M Series B round
DroneDeploy, a San Francisco-based startup that provides software for mapping and managing drone flights, has raised $20 million in Series B funding, TechCrunch reports. Scale Venture Partners led the round, joined by High Alpha. The funding brings the company’s total capital raised to $31 million.
One Kings Lane, a flash sale site for discounted designer home goods that was once valued at $900 million, sold for less than $30 million in an acquisition announced in June by retailer Bed, Bath & Beyond, according to a Recode article.The sale followed multiple rounds of layoffs for San Francisco-based One Kings Lane, whose business had been deteriorating for some time.
Data analysis reveals startup words to avoid
Startups looking to secure funding might want to avoid using certain words to describe their businesses. A CrunchBase analysis of terms falling out of favor found that “curated” and “gamification” are on the decline. It’s also best not to compare your startup to Uber.
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