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LeadIQ’s rapid growth snags venture attention as sales software market stays hot

TechCrunch

This morning LeadIQ , a startup working in the sales software market, announced that it has closed a $30 million Series B led by Cathay Innovation. LeadIQ frames its product from the perspective of missed revenue targets at companies, which it claims impact nearly two-thirds of today’s deals.

Marketing 178
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OpenSponsorship lands new capital to bring brands, athletes together

TechCrunch

Ishveen Anand grew up in England playing sports all of her life, including during her time at Oxford. She wanted to do something sporty for a career and “fell in love” with sponsorship marketing. The round is led by Philadelphia 76ers owner David Blitzer, who is joined by Eric Stern and executives from WWE and Excel Sports Management.

Sport 214
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Draftea kicks off LatAm fantasy football with NFL partnership, fresh funding

TechCrunch

Draftea , which calls itself the first daily fantasy sports company in Spanish-speaking Latin America , is taking fantasy football (not fútbol) to the region in a new partnership with the National Football League (NFL) and the NFL Player’s Association, a labor union representing the league’s athletes.

Sport 162
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Forbes jumps into hot media liquidity summer with a SPAC combo

TechCrunch

The business publication’s news follows BuzzFeed’s journey to the public markets through a blank-check company. The Exchange explores startups, markets and money. In corporate-speak, Forbes Global Media Holdings is merging with blank-check company Magnum Opus Acquisition Limited. Hot media liquidity summer?

Media 252
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CIOs rethink all-in cloud strategies

CIO

The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June. Enough people are realizing that the cloud marketing spiel doesn’t necessarily match their reality.”

Strategy 361
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It turns out fintech is worth as much as SaaS

TechCrunch

On the heels of Boston-based software-and-payments company Toast’s strong IPO pricing , Remitly priced shares in its own debut above its proposed range yesterday evening. The Seattle-based fintech company sold 12,162,777 shares (7,000,000 primary) at $43 apiece. The Exchange explores startups, markets and money.

Fintech 254
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How will investors value MetroMile and Oscar Health?

TechCrunch

In the wake of last year’s debuts by neoinsurance companies Lemonade and Root, it’s not surprising to see others test the public markets. The Exchange explores startups, markets and money. Lemonade, for reference, sells rental insurance with an eye on going up-market in time to other forms of home-focused insurance.

Insurance 183