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Tech News - Techmeme

A collection of tech news feed from Techmeme.

Snappy, an e-commerce site that lets companies offer a selection of corporate gifts to their employees and clients, raises $70M Series C led by GGV Capital (PYMNTS.com)

PYMNTS.com: Snappy, an e-commerce site that lets companies offer a selection of corporate gifts to their employees and clients, raises $70M Series C led by GGV Capital  —  Snappy, an eCommerce gifting platform, wrapped up a $70 million Series C funding round, bringing the firm´s overall funding to in excess of $100 million.

Flywire, a Boston-based fintech focused on cross-border payments, closed up 46%+ in its Nasdaq debut after raising $250M in its IPO at a valuation of over $3B (Scott Kirsner Globe/The Boston Globe)

Scott Kirsner Globe / The Boston Globe: Flywire, a Boston-based fintech focused on cross-border payments, closed up 46%+ in its Nasdaq debut after raising $250M in its IPO at a valuation of over $3B  —  The Boston-based digital payments company Flywire made its public market debut Wednesday on the Nasdaq exchange, after raising $250 million in an initial public offering.

Snapdocs, a service that digitizes the mortgage process, raises $150M Series D led by Tiger Global at a $1.5B valuation, bringing its total raised to $260M (Tim Glaze/HousingWire)

Tim Glaze / HousingWire: Snapdocs, a service that digitizes the mortgage process, raises $150M Series D led by Tiger Global at a $1.5B valuation, bringing its total raised to $260M  —  Total company valuation eclipses $1.5 billion  —  San Francisco-based Snapdocs, a digital closing platform for the mortgage industry …

After predicting autonomous vehicles would be commonplace by 2021, the industry is resetting expectations and committing to years of further RTITELTITELTITELTITELD (Cade Metz/New York Times)

Cade Metz / New York Times: After predicting autonomous vehicles would be commonplace by 2021, the industry is resetting expectations and committing to years of further R&D  —  Many in Silicon Valley promised that self-driving cars would be a common sight by 2021.  Now the industry is resetting expectations and settling in for years of more work.

Contentsquare, which operates a customer experience analytics service, raises $500M Series E led by Softbank Vision Fund 2, bringing its valuation to $2.8B (Christine Hall/Crunchbase News)

Christine Hall / Crunchbase News: Contentsquare, which operates a customer experience analytics service, raises $500M Series E led by Softbank Vision Fund 2, bringing its valuation to $2.8B  —  A year after its $190 million Series D, Contentsquare is back with an even bigger round, closing on $500 million in Series E financing to value the company at $2.8 billion.

Material Security, which provides email security through integration with identity-protection products like Okta, raises $40M, bringing its total raised to $66M (Robert Hackett/Fortune)

Robert Hackett / Fortune: Material Security, which provides email security through integration with identity-protection products like Okta, raises $40M, bringing its total raised to $66M  —  Our mission to make business better is fueled by readers like you.  To enjoy unlimited access to our journalism, subscribe today.
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