Silicon Valley VC 7BC Capital expands in Europe, recruits first venture partner

Silicon Valley VC 7BC Venture Capital has decided to make an incursion into Europe, recruiting its first venture partner in the U.K. Monty Munford was previously a freelance journalist, conference speaker and columnist contributing to Forbes, The Telegraph, The Economist, BBC Newsweek and Wired, among others. 7BC VC focuses primarily on AI, fintech, blockchain and […]

Personio, the German HR platform for SMEs, raises $75M Series C at a $500M valuation

Personio, the Germany-founded HR platform for SMEs, has raised $75 million in Series C funding in a round led by Accel. I understand the investment values the company at around $500 million. Also joining is Lightspeed Venture Partners, alongside Lars Dalgaard (the founder and former CEO of SuccessFactors). Existing investors Index Ventures, Northzone, Rocket Internet’s […]

Daily Crunch: Goodbye Hipmunk

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Four years after being acquired, Hipmunk is shutting down Founded by Adam J. Goldstein and Reddit co-founder Steve “spez” Huffman, Hipmunk […]