Unicorns

Berlin-based Forto, a digital freight forwarder also known as FreightHub, announced Monday it has secured $240 million in a Series C round led by SoftBank Vision Fund 2. Past investors Northzone, Iven Capital, Cherry Ventures and Unbound and newest investors Citi Ventures and G Squared also...

The third quarter saw 86 companies go public via a traditional IPO. In the third quarter, 165 special purpose acquisition companies also raised funds. Breaking Down IPO Trends: Health care and technology were the two largest sectors in the third quarter for funds raised. Offerings were up...

No one likes a flat beer or soda, but a flat open for the major indices? The way things have gone the last month, most investors would probably take it. If you’re looking for hints that things might be slowing down a bit from this nearly unprecedented volatility, check out the overnight...

Investors in SmileDirectClub Inc (NASDAQ: SDC) had a reason to grin Friday.  Shares in the home-teeth straightening company were starting to come back after getting hit badly by what appeared to be an overpriced opening on the stock’s first day on the market Thursday. The shares...

China is a powerhouse for startups, with hundreds of new companies created each year. But sifting through the field to find the next global "unicorn" is akin to searching for a needle in a haystack, according to Bloomberg. Here's a selection of some of the most notable China-...

Reddit, the popular social news aggregation, web content rating and discussion website that bills itself as "the front page of the internet," is valued at $1.5 billion. Reddit's management team is pitching venture capitalists to secure $150 million in financing based on a $1.5 billion valuation,...

Symphony, a little-known secure messaging app, is making headlines on Tuesday as the company has earned the "unicorn" title. According to a TechCrunch report, Symphony closed in on $63 million in a new funding round, which places the company's valuation at more than $1 billion....

“Money is not bad, money is a sign of energy. Where there is a lot of money, there is a lot of energy. The money for itself is only energy, we trade only energy. The people, what they are doing with that… That’s the important thing.” —Thomas Gütermann. Last...

President Barack Obama's second term will come to an end in just a few short weeks. CNBC took the opportunity to list several companies that are now valued at more than $1 billion — dubbed "unicorns" within the venture capital community. These are all impressive stories of entrepreneurship...

Dropbox is one of a handful of "unicorn" companies that are defined as non-public entities boasting a valuation above $1 billion. The company released a slew of new features this week it hopes will continue to impress its business users and justify its large valuation to investors. Dropbox detailed...

Republican presidential candidate Donald Trump said in an interview with Reuters that there may be a tech bubble. In the interview, Trump pointed out that there a lot of technology startups that "have never made any money" and have a "bad concept" as a business model. Despite that, Trump pointed...

This interview comes courtesy of Benzinga, host of the 2016 Benzinga Fintech Awards Securities and Exchange Commission chairwoman, Mary Jo White, is tracking a herd of rouge "unicorns," and she's expressed concern. In the Silicon Valley basin, at Stanford University, White spoke...

Neil Doshi of Mizuho Securities attended the TechCrunch Disrupt 2015 conference. Highlights include: Facebook Inc (NASDAQ: FB) "firing on many cylinders," Fitbit Inc (NYSE: FIT)'s CEO defended his business, Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Alphabet viewed...