Tag Archives: billion

Greylock closes $1 billion fund

Greylock Partners is getting another $1 billion to invest in startups. The long-time venture capital firm is announcing its 15th fund, bringing the total to $3.5 billion currently under management. With 50 years of investing in the books, Greylock has backed industry leaders in the enterprise IT and consumer internet …

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Apple may participate in $100 billion SoftBank fund

Apple is considering investing up to $1 billion in the SoftBank Vision Fund, according to a report from the Wall Street Journal. With a fundraising target of $100 billion, Apple’s participation would mean that the world’s largest tech company would be investing in the world’s largest tech fund. SoftBank itself …

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Verizon buys Yahoo for $4.83 billion

After a months-long bidding process and many layoffs, Yahoo has finally found a buyer. Verizon (which owns AOL, which owns TechCrunch) is officially acquiring Yahoo’s core business for $4.83 billion in cash, which includes Yahoo’s advertising, content, search and mobile activities. “Just over a year ago we acquired AOL to enhance …

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