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JustFab raises $85M at what sources say is a $1B valuation

JustFab has closed an $85 million round of funding, the company’s co-founder and co-CEO Adam Goldenberg confirmed to Pando today. The round was led by new investor Passport Special Opportunity Fund, and included participation from existing investors Shining Capital, Matrix Partners, and Technology Crossover Ventures. The latest funding, which was entirely primary capital, brings the [...]

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Coinbase surprises with news of a year-old deposit insurance program, but what of its cold storage?

Coinbase dropped a bombshell on the bitcoin world yesterday by revealing that not only are its bitcoin deposits insured, but they have been so for more than a year. This after months of competitors listing insurance as a differentiating feature. The company wrote in a blog post: We’re proud to publicly announce that Coinbase holds [...]

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Loyalty leader Belly expands its footprint by rolling out to 2,600 7-Eleven locations

Digital loyalty startup Belly is extending its already impressive market lead today with the announcement that 7-Eleven, one of the company’s strategic investors, will roll-out the iPad-based platform in 2,600 of its convenience stores by the end of the year. The roll-out will be spread across the Northeastern US as well as in Vancouver, British [...]

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Control Your Living Room with Your Phone, Three-Year Mouse [Deals]

Logitech Harmony remotes have always been among the best for wrangling massive home theater systems, but this particular version actually turns your smartphone into the remote. You’ll also get a basic universal remote with physical buttons for when your phone isn’t handy. [Logitech Harmony Smart Control, $91] Read more… Continue Reading from the Source

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PayPal reconsiders online gambling, enters talks to process payments for NJ virtual casinos

PayPal has been in the news of late for its possible spinout from Ebay and its ongoing search for a new CEO, but there’s another largely overlooked storyline that could have an equally big impact on its future. According to reports from across the casino world, PayPal is considering (re)entering the online gambling market and [...]

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Don’t let the price tag fool you: Snapchat isn’t a late stage company

Snapchat has secured commitments from Kleiner Perkins and at least one strategic investor toward its next funding round, according a report by the Wall Street Journal today. Long-rumored to be in excess of $10 billion, the Journal describes the company’s new valuation as “close to” that figure. The round, we’re told has not yet closed. [...]

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Four years in and highly profitable, ZipRecruiter hauls in $63M in its first ever funding round

When Ian Siegel and his co-founders began to build ZipRecruiter in 2010, the goal was a lifestyle business. Today, after four years of bootstrapping the business to profitability and what by any measure would be described as astonishing growth, the SaaS SMB recruiting company announced its first ever outside funding: a massive $63 million Series [...]

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Murdoch’s BSkyB opens a SF office in search of tech investments and partnerships

There’s a new strategic investor making the rounds in Silicon Valley looking for deals at the intersection of technology and content. Like nearly all other strategics, this group is making promises of “synergies” and “value adds” and “leverage.” Unlike most investors, however, history suggests it might actually be true. BSkyB (Sky), which is the UK’s [...]

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