Thursday May 2, 2024

Adecco Group acquires recruiting startup Vettery for $100M

The Adecco Group, a global HR services firm headquartered in Switzerland, announced today that it has acquired Vettery. The financial terms were not disclosed, but a source with knowledge of the deal told us that the price was a little over $100 million. (It’s not clear how much of that is cash versus stock.) We’ve […]

Construction startup Katerra gets $865M in Softbank’s latest mega-round

 There’s another big financing round led by Softbank’s mammoth vision fund today, with the firm this time pouring $865 million into a construction startup called Katerra that’s a one-stop shop for getting a building up off the ground. Katerra is creating a full-stack provider for, well, buildings. The company runs the process of getting a […]

ADP acquires workforce management software startup WorkMarket

 Payroll provider ADP said it is acquiring WorkMarket, a startup that specializes in workforce management software that operates across a wide range of employees and contractors, for an undisclosed sum. The software aims to create a kind of unified interface for managing an extended workforce that can include a variety of workers with different employment status, […]

20 critical startup truths no one will tell you

 Some knowledge is so important, everyone assumes everyone already knows it. But they don’t, especially in the tech world where things move so fast that most people are faking. But Stripe’s Patrick McKenzie spends his time helping the payment platform’s startup customers survive, and now he’s laid out 20 crucial learnings everyone should read. Click […]

Elastic acquires search startup Swiftype

 Swiftype isn’t just a startup that we write about — we also use the technology to provide site search on TechCrunch itself. Now it’s being acquired by Elastic, the company behind the open source technology Elasticsearch. It turns out the two companies are already connected, because Swiftype uses Elasticsearch for indexing and storing its search […]

Real estate startup Compass nabs $100M at a $1.8B valuation

 Today, the real-estate startup Compass is announcing that it has raised another $100 million — money that it plans to use to expand its sales and rental listings service to every major city in the U.S., as well as build new CRM technology to integrate client, listings and transactions data. The Series E values the […]

Expense report analysis startup AppZen raises $13M to build a smarter back office

 Expense reports aren’t the most exciting thing in the universe. But when you reach the scale of say, Amazon, and have tens of thousands of employees, making sure everything comes through smoothly and the right things are being billed to the company could mean the difference in millions of dollars to your bottom line. And […]

Three-year old startup Vera scores huge deal to protect all of GE’s IP

 When Box landed GE as a customer in 2014, it marked a turning point for the cloud content management company, giving them momentum ahead of their IPO. Three years later, Vera, a data rights management startup is getting a similar feeling, announcing GE’s 300,000 employees would be using Vera to protect the company’s intellectual property as it […]

Identity management startup ForgeRock snags $88 million Series D

 Used to be when we thought about identity as it relates to computers and software, it involved a person logging into an application or service. Increasingly though, you also have machines and sensors attempting to authenticate as they access your systems. That creates complications for identity management vendors because instead of managing thousands or tens […]

Tableau acquires ClearGraph, a startup that lets you analyze your data using natural language

 Business intelligence and analytics firm Tableau today announced that it has acquired ClearGraph, a service that lets you query and visualize large amounts of business date through natural language queries. Tableau expects to integrate this technology with its own products as it looks to make it easier for its users to use similar queries to […]