article thumbnail

BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018

TechCrunch: M&A

billion BlackBerry paid to acquire the startup in 2018. Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million a significant discount from the $1.4

IT 282
article thumbnail

Top 3 Trends for the Institutional Investing & Pension Funds Space in 2018

Accenture Capital Markets

The year ahead will be busy for institutional investors and pension funds as they navigate political turbulence and speculations around when the economic cycle will shift. From an operational standpoint, we expect three strategic priorities to dominate in 2018: 1. A growing need to make sense of unstructured data – and use it.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Announcement: PEI Group agrees further funding from Bridgepoint for next stage of growth

PE Hub

Our initial investment in 2018 via our small mid-cap fund has been highly successful and we’re delighted that Bridgepoint will be able to continue working with management and provide additional investment for the next stage of growth of PEI,' says Bridgepoint.

Funds 76
article thumbnail

Go1 snaps up speed reading app Blinkist to expand in enterprise learning

TechCrunch: M&A

Blinkist’s last valuation was $160 million in 2018 , when it raised $18.8 The reason Blinkist hasn’t gone out for funding again in the last five years is because it has’t had to: the company is growing and profitable, and it still has money left in the bank, according to Holger Seim, Blinkist’s CEO and co-founder.

article thumbnail

12 Concepts We Can Learn About Fund Raising From How2Exit's Interview W/ Will Sachs

How2Exit

This form of funding allows entrepreneurs to access capital that they may not have been able to secure through traditional means such as bank loans or personal savings. In order to fund their project, they reached out to local businesses and secured sponsorships.

Funds 130
article thumbnail

Socure acquires identity verification startup Berbix for $70M

TechCrunch: M&A

Founded in 2018, Berbix focuses on verifying users’ identities by checking scanned IDs in real time. Socure , the identity verification service that raised a massive $450 million Series E round at a $4.5 Berbix previously raised a total of $11.6 million , including a $9 million Series A round led by Mayfield in 2020.

Valuation 204
article thumbnail

Party planning platform Punchbowl’s owner is acquiring Timehop

TechCrunch: M&A

The app attracted more than $14 million in funding from investors like Spark Capital, O’Reilly Alphatech Ventures , Shasta Ventures , Foursquare’s Dennis Crowley, and Randi Zuckerberg. In 2018, the app suffered a major data breach affecting 21 million people. In the latter part of the decade, the app’s relevance waned off.

IT 237