View, a developer of dynamic glass for buildings, has raised $100 million in new funding, with half coming from TIAA Investments. Milpitas, Calif.-based View’s glass tints automatically in response to outdoor conditions or can be adjusted using a mobile device.
Electrolux buys cookware startup Anova
Anova, maker of a home gadget for sous vide cooking, is being acquired by appliance company Electrolux for $115 million up front and up to $135 million in milestone payments. San Francisco-based Anova started out with a campaign on Kickstarter three years ago, where it raised $1.8 million.
Snap Inc. plans to publicly file for its much-awaited initial public offering late this week, according to media reports. That means the company will likely go public sometime in March, with an initial valuation potentially reaching $25 billion.
Sequoia invests more overseas; others scale back
Sequoia Capital made most of its venture investments outside the U.S. last year, according to an analysis of Crunchbase funding reported in TechCrunch. Over the same period, a number of other prominent Silicon Valley VCs scaled back the number of non-U.S. deals.
Tricentis, a provider of automated software testing for enterprises, announced that it raised $165 million in a Series B round backed by Insight Venture Partners. The ten-year-old company, based in Vienna and Silicon Valley, had not previously disclosed a large venture round, according to Crunchbase data.
Sprint takes 33% stake in Jay Z’s Tidal
Sprint is buying a 33% stake in Tidal, the music streaming startup majority-owned by Jay Z, with plans to make its content available to the mobile company’s 45 million retail subscribers.
Amazon said it will increase its U.S. headcount over the next 18 months to 280,000 employees, an increase of more than 100,000. The ecommerce giant said the jobs will be full time with benefits, will require a range of skill sets, and will be spread across the country, including many positions at newly built fulfillment facilities.
Nintendo to roll out Switch console in March
Nintendo revealed that its newest gaming console, the Switch, will be released on March 3 and cost $300. The launch of the touchscreen device will be accompanied with a cornucopia of new games to go with it.
HouseCanary raises $33M to predict house prices
San Francisco-based HouseCanary, a real estate analytics startup that forecasts prices for U.S. residential properties, raised $33 million in new funding from backers including Hillspire, Alpha Edison, ECA Ventures and Raven Ventures.
Atlassian, the publicly traded provider of work collaboration tools, is acquiring Trello, the developer of a popular app for group projects. The transaction is reportedly valued around $425 million, including $360 million in cash and the rest in restricted shares and options. New York-based Trello previously raised about $10 million in venture funding.
Google’s Waymo rolling out self-driving minivans
Waymo, the autonomous car startup spun off from Google last month, said it plans to deploy self-driving Chrysler Pacifica minivans on public roads in Phoenix and Mountain View, Calif. for the first time later this month. The company also said it has been able to cut more than 90 percent off the cost of key sensor and radar components to enable autonomous driving.
Boohoo to buy bankrupt Nasty Gal for $20M
Nasty Gal, a bankrupt fashion retailer focusing on young women, has received court approval to sell its brand and customer database for $20 million to British online fashion company Boohoo. Los Angeles-based Nasty Gal had raised around $65 million in funding prior to its bankruptcy filing late last year.
Leading China-based ride-hailing app Didi Chuxing is making an investment of more than $100 million in Brazil-based taxi on-demand service 99 (formerly known as 99Taxi), TechCrunch reports.
Medium cuts staff, shifts strategy
Medium, the social publishing platform, is laying off about one-third of its staff and shutting offices in New York and Washington DC as it plans a shift in its business model. San Francisco-based Medium, led by Twitter co-founder Ev Williams, previously raised more than $130 million in venture funding.
Grail, a startup developing a blood test for early cancer detection, plans to raise about $1 billion for its Series B financing round from private and strategic investors. In advance of the round, Grail parent company Illumina said it will cut its ownership stake to below 20 percent and step down from company’s board.
Bitglass raises $45M for data security
Bitglass, a provider of cloud services to protect corporate data, has raised $45 million in a Series C round from new investor Future Fund, with participation from existing investors including NEA, Norwest, and Singtel Innov8. The round brings total funding for the Silicon Valley company to $80 million.
Proterra, a maker of electric buses, has raised $140 million in a funding round backed by new and existing investors. The company says it plans to dramatically accelerate production capacity at its manufacturing facilities in Greenville, South Carolina and Los Angeles County.
Facebook buys The Eye Tribe
Facebook’s Oculus division has acquired The Eye Tribe, a startup developing software to enable eye control for VR headsets and other devices. Copenhagen-based The Eye Tribe previously raised about $3 million in seed funding.
China’s Sogou eyes $5B IPO
China’s third-biggest search engine, Soguou, expects to carry out a U.S. initial public offering at a valuation of up to $5 billion as it raises cash to close the gap with leader Baidu in the mobile market, Bloomberg reports.