Crunchbase News
Crunchbase News, first published on March 13, 2017, is part of Crunchbase.
Verizon retains an ownership stake in the company. [Crunchbase News – About]
- (Before AOL was part of Oath, a Verizon subsidiary, AOL owned Crunchbase. Later, after Verizon bought AOL, but before it combined the Internet brand with Yahoo to form Oath, Crunchbase was spun out as its own entity.)
- Update: Oath will be rebranded as the “Verizon Media Group” starting January 1, 2019. Also, Verizon hates it.
- (Further disclosure: Verizon is the former employer of our editor in chief, who worked for TechCrunch, then owned by AOL, before and after Verizon bought the smaller firm.)
Investors in Crunchbase also include:
- Emergence Capital Partners
- Salesforce Ventures
- Mayfield Fund
- etc.
The company raised $18 million of Series B venture funding from lead investor Mayfield on April 6, 2017, putting the company’s pre-money valuation at $52 million.
PitchBook
Acquired by Morningstar (NASDAQ: MORN) for $225 million on December 1, 2016. Deal announced in October.
Morningstar was an early investor in PitchBook and owned approximately 20 percent of the company before acquisition.
At that time, PitchBook had $31.1 million in revenue for the trailing 12 months ended June 30, 2016. The company has more than 300 employees located in Seattle, New York, and London.
CB Insights
Raised $10 million of Series A venture funding from Pilot Growth Equity on November 9, 2015, putting the company’s pre-money valuation at $40 million.
