Andela, a startup that helps match companies with remote engineers, has raised $200 million in Series E financing that now values the business at $1.5 billion, according to the company. SoftBank Group’s SoftBank Vision Fund 2 led the round, with participation from Whale Rock, Generation Investment Management, Chan Zuckerberg Initiative and Spark Capital. The company, which is now fully remote,...
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On the Market: The Founders Who Joined Microsoft, Spotify, Coinbase and Twitter
Call them acqui-fires. Several founders who took positions at the bigger tech companies that bought their startups recently lost their jobs when layoffs rolled through Silicon Valley. That means managers and engineers who also have the entrepreneurial bug are now on the market. Twitter’s most recent round of job cuts included at least four such founders, including the entrepreneurs behind...
Flagstar Acquires Most of Signature Bank, Excluding Crypto Business
Amazon Laying Off 9,000 More Employees, Including in AWS, Ads, Twitch
FDIC Sets Deadline for SVB Bids
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