Uh oh.

Jumio, a Palo Alto-based online credentials authentication startup backed by Andreessen Horowitz and Eduardo Saverin, is filing for bankruptcy. The six-year-old company announced yesterday that it has begun voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court, which will allow it to sell its assets, after it was unable to secure additional funding due to “certain legacy issues combined with related government investigations and proceedings.” The company had raised $37M in total venture funding since 2010 from investors including a16z, Saverin, and Citi Ventures.

Happy birthday, Twitter!

Twitter celebrated its 10th birthday yesterday, if you didn’t notice the inundation of #LoveTwitter tweets in your newsfeed. Fred Wilson of USV expanded on his love for the product in a short blog post, while True Ventures’ Om Malik referred to Twitter as “a memory of a happier times” as it reminds him of a “web which was full of possibilities.”

And over to Brooklyn:

What do Fred Wilson, Michael Hayden, Josh Kopelman, Dawoon Kang, Chris Douvos, and Alex Chung all have in common? They are all going to be on stage at TechCrunch Disrupt NY May 9-11. Early bird tickets are on sale here till the end of the month!

Interactive data visualizations on the Unicorn Leaderboard

This quarter has already seen 8 new unicorn companies. In 2015, CrunchBase recorded 77 new unicorns, an average of 19 per quarter. Check out the latest investors and companies on our interactive timeline visualization.

Recent Activity on CrunchBase

349

Funding Rounds Added

97

Acquisitions Recorded

$4.3B

Fundings
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Entities
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Recent Investments

BigBasket

$150M / Series D

BigBasket is an Indian grocery delivery service. This round brings the company’s total amount raised to $235M, and it will use the new funding to expand its services into smaller cities.

Categories:

Bangalore IND · E-Commerce

Founders:

Hari Menon, V.S. Sudhakar, Vipul Parekh, Abhinay Choudhari

Investors:

Abraaj Group (Lead), Sands Capital Management, Bessemer Venture Partners, + 1 more

Moat

$50M / Series C

Moat provides tracking tools to help advertisers understand viewability for desktop and mobile ads. The company will use the funding to develop a standard currency for buying and selling online ads.

Categories:

New York · Advertising · Search

Founders:

Michael Walrath, Jonah Goodhart, Noah Goodhart

Investors:

Insight Venture Partners (Lead)

Maxwell Health

$22M / Series C

Maxwell Health develops software to manage health insurance and employee benefits. The Boston-based company has raised $56M to date in total funding.

Categories:

Boston · Health Care · Mobile · SaaS

Founders:

Veer Gidwaney, Vinay Gidwaney, Morley Ivers

Investors:

GIS Strategic Ventures (Lead), Cambia Health Solutions, Sun Life Financial, + 8 more

More Investments
Company Amount / Round Lead Investor
Sunnova $300M / Private Equity Energy Capital Partners
eGym $45M / Series C HPE Growth Capital
Easyhin Technology $15M / Series B Fosun Kinzon Capital
Mirriad $15M / Series D IP Group Plc
GoCardless $11M / Series C
Jumio $3.7M / Debt Financing Eduardo Saverin
Medical Departures $2.5M / Series A DMP VC
GreatHorn $2.2M / Seed ff Venture Capital, SoftTech VC
Apperio 1.7M GBP / Seed Notion Capital
Spectral Edge 1.5M GBP / Seed IQ Capital
Mylestoned $1.5M / Seed Founder Collective
All Recent Funding Activity

Recent Acquisitions

Markit

Acquired by IHS Inc.

Qarth

Acquired by Ola

More Acquisitions
Company Acquired by Amount
Imagetek Office Systems Xerox
Nexeo Solutions Holdings W.L. Ross & Co
BoardVantage NASDAQ OMX $200M
All Recent Acquisition Activity
 

Upcoming Tech Events

Pioneers Asia

March 23, 2016 9:00am in Tokyo

Pioneers in partnership with Nikkei Inc, Asia’s largest business media organisation, is bringing together the smartest startups.
More Events
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Mar 24, 2016 Investor Summit San Francisco
Apr 4, 2016 Female Founders Conference San Francisco
Apr 6, 2016 The Atlanta Cyber Security Summit Atlanta
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