Venture firm Greycroft has raised around $1 billion to invest in early and growth-stage consumer and enterprise companies. The funding came through Greycroft Partners VII and Greycroft Growth IV, and includes investments ranging from $1 million for pre-seed rounds to more than $50 million for larger enterprises. Greycroft, which has offices in Los Angeles and New York, has raised more than $3 billion during its 17-year history, and previously invested in firms such as Scopely, Bumble, Axios Media, The RealReal and Segment. Co-founder Dana Settle said the firm’s success was in part due to its “outsider approach” to Silicon Valley investment.
Qualcomm’s Sobering Report Deepens Chip Market Concerns
Qualcomm, a chip designer that provides components for major handset makers such as Apple and Samsung, experienced an almost 8%...
