Zenefits to halve valuation to stem lawsuits Zenefits is executing a change in shareholder structure that will increase overall ownership of the company for late-stage investors, TechCrunch reports. The move revalues the benefits automation provider’s Series C round at $2 billion and requires participating investors to sign a release of claims against the company, which has faced regulatory investigations. Retail software provider Index raises $19M Series B Index, a provider of analytics tools for retailers, has raised $19 million in a Series B round led by General Catalyst. Commercial space investing not just for billionaires anymore The private space industry has been dominated in recent years by companies founded and largely financed by a few passionate billionaires, namely Elon Musk, Jeff Bezos, and Richard Branson. That appears to be changing, with several space startups raising funding in the last few weeks, according to an MIT Technology Review report. The list includes World View, which develops “space balloon” technology, Spaceflight Industries, which organizes launches of small satellites, and Planetary Resources, which has a long-term vision of mining asteroids. Introducing new ways to access CrunchBase Data Uncover new opportunities, discover industry trends, and build powerful apps using the Daily Excel Export or API. |