Uber files confidentially for IPO – TechCrunch

Two days after Lyft submitted paperwork to the U.S. Securities and Exchange Commission for an early 2019 initial public offering, Uber has done the same, per The Wall Street Journal. The company filed confidentially for an IPO on Friday, marking the beginning of a race for the two ride-hailing giants to the stock markets. Uber’s most…

TikTok parent ByteDance said to raise $1.45 billion for AI and content – TechCrunch

ByteDance, the Chinese company behind the immensely popular video app TikTok, is in talks to raise $1.45 billion for a new fund, The Information reported on Friday citing sources. The fresh vehicle will help power artificial intelligence and media content for the $75 billion startup, which reportedly leapfrogged Uber’s valuation after raising $3 billion in October. ByteDance declined…

Contentful raises $33.5M for its headless CMS platform – TechCrunch

Contentful, a Berlin- and San Francisco-based startup that provides content management infrastructure for companies like Spotify, Nike, Lyft and others, today announced that it has raised a $33.5 million Series D funding round led by Sapphire Ventures, with participation from OMERS Ventures and Salesforce Ventures, as well as existing investors General Catalyst, Benchmark, Balderton Capital and Hercules. In…