It seems that after about nine months of irrational exuberance followed by roughly six months of equally as irrational disconsolation, venture investors have gotten their groove back. At least that’s the conclusion lawyers from Cooley LLP are drawing from their latest analysis of the state of the venture market these days. The firm’s latest report illustrates that (barring a few… Read More
Los Angeles-based Replicated has raised $5 million to build out its service that takes software-as-a-service companies down from the “cloud”, TechCrunch has learned. The company, which operates under the somewhat contrarian belief that not all services are going to be delivered in the cloud, provides a toolkit that lets software companies offer their products on premise behind… Read More
Wealthfront has a new man in charge at the top of the company, with Andy Rachleff — the company’s co-founder and executive chairman — taking the chief executive spot, according to an announcement on the company’s own blog. Rachleff, who is perhaps most famous for co-founder Benchmark Capital (one of Silicon Valley’s most successful venture firms), launched the… Read More
Alexander Timm has been working in the insurance industry since he was fourteen. While that’s strange enough, what’s even weirder is that Timm really loves the work. He’s so enamored of the business much that he’s founded his own insurance company, Root Insurance, to remake the process of applying for — and insuring — drivers. There’s a lot happening… Read More
As hundreds of newly minted Chinese millionaires and billionaires continue their global shopping spree, Ant Finacial Services is expanding its reach to make sure they can buy whatever they want, wherever they want, and however they want. On the stage of today’s Money 2020 conference in Las Vegas, the company announced a slew of partnerships in the U.S., with the payment processor First… Read More
The LA Dodgers are tired of living in filth and are investing in a company called Renegade Brands USA to help clean up their gear. 
