Root Insurance valuation hits $3.65 billion in latest round led by DST Global and Coatue – TechCrunch

Root Insurance,  lang=”EN”>an Ohio-based car insurance startup that uses smartphone technology to understand individual driver behavior, said Monday it has raised $350 million on a $3.65 billion valuation in a Series E funding round.  The amount of the round was reported last month, citing anonymous sources. This official announcement fills in the remaining details, including…

Wikipedia blames malicious DDOS attack after site goes down across Europe, Middle East – TechCrunch

Wikipedia was forced offline in several countries Friday after a cyber attack hit the global encyclopedia. Users across Europe and parts of the Middle East experienced outages shortly before 7pm, BST, according to downdetector.com. Wikimedia’s German Twitter account posted: “The Wikimedia server…is currently being paralysed by a massive and very broad DDOS [distributed denial of…

PrimaryBid closes $8.6M round for its platform aimed to help retail investors – TechCrunch

PrimaryBid, a UK-regulated platform connecting publicly listed companies with everyday investors for discounted share issuances has previously raised $3M. It’s now upped those stakes with an $8.6M funding round, led by UK VCs Pentech and Outward VC with participation from new and existing investors. Craig Anderson, a partner at Pentech, will join the PrimaryBidBoard of…