BlogWhy Fintech Startups Aren’t Killing Banks — YetWe are beyond the stage where it’s easy to get impressed by the number of new fintech startups on a chart.
InsightThe Revolution Will Be Streamed
By James Higa, Index Ventures mentor-in-residence.
InsightDeciphering the Buzz Around SecurityShardul Shah on why enterprise security is currently at an inflection point.
InsightIPOs: A how-to guide for tech startups
After a decade-long drought, there has been a rush of tech IPOs in the U.S. and Europe, and Index Ventures has been able to observe this at close hand through our investments in companies like Arista Networks, Criteo, Etsy, Hortonworks, Just Eat, King and Zendesk.
- TransferWise raises $58m as it rolls out global expansion plans
Andreessen Horowitz the venture capital firm created by Netscape and Opsware founders Marc Andreessen and Ben Horowitz - has led a Series C $58m round in Europe’s leading financial tech start-up TransferWise. TransferWise’s existing investors, including Sir Richard Branson, Peter Thiel’s Valar Ventures, Index Ventures, IA Ventures, and Seedcamp, also participated in the round.
- Investing in the Enterprise in 2015
Enterprise technology investing is probably in one of the most interesting places it has been in the last 20 years. The confluence of critical technology transition, open source software, mobility, and the consumerization of the enterprise has created fertile ground for the next generation of iconic enterprise companies.
- Stack Exchange Raises $40 Million Series D Financing
Stack Exchange, Inc., best known for Stack Overflow, a site where millions of developers have built and curated the largest online repository of programming knowledge in the world, today announced a $40 million round of Series D funding led by Andreessen Horowitz.
- Understanding Brand: Lessons from Sonos Brand Chief Greg Perlot
Greg Perlot, chief brand officer at Sonos, and Mike Volpi were joined by a group of entrepreneurs at Index Ventures to discuss how a tech and product oriented company with a complex message transformed into a true consumer lifestyle brand.
- Paris is Back: 30 years in the making, Paris' tech scene has reached escape velocity
In October 2013, in what turned out to be a seminal moment, Criteo raised $250m when it listed on the Nasdaq. It is now valued at over $2bn, confidently taking on Google in its core competency of online performance advertising. It employs more than 500 employees, many of them engineers, in a flamboyant contemporary building in the heart of Paris.
- 14 things you need to know about building and launching on iOS 8
Hosted by Funding Circle in the colourful canteen at their City of London headquarters, teams from some of Europe’s brightest startups gathered earlier this month to hear how Shazam, SwiftKey and Big Health fared when they created and launched apps on iOS 8. Here are some of the tips and insights they shared at the meet-up, which was co-hosted by Index.
- What if local commerce got Amazon superpowers?
We live in a mobile-first world. The majority of the world’s population will experience the Internet from their mobile device first, and even if they grew up with computers and the web, the majority of their screen time will be on mobile. Ecommerce will be no exception to that.
- King Announces Pricing of Initial Public Offering
LONDON and STOCKHOLM -- King Digital Entertainment plc (NYSE: KING), a leading interactive entertainment company for the mobile world, today announced the pricing of its initial public offering of 22,200,000 of its ordinary shares at a price to the public of $22.50 per share.
- Hortonworks to Extend Leadership of Enterprise Hadoop and Expand Ecosystem with $100M Funding
Hortonworks, the leading contributor to and provider of enterprise Apache™ Hadoop®, today announced an oversubscribed $100 million funding round led by funds managed by BlackRock and Passport Capital, joined by all existing investors.
- The Cambridge Satchel Company Raises $21M From Index Ventures
The Cambridge Satchel Company, the leather goods brand and maker of the original and best satchel, today announces funding of $21m from Index Ventures, backers of global brands and fashion retailers including ASOS, Moleskine, Net-á-Porter and Nasty Gal.
- MyOptique Group announces £8 million funding
MyOptique Group, Europe's leading online optical retailer selling prescription glasses (Glasses Direct, MyOptique), sunglasses (Sunglasses Shop) and contact lenses (LensOn), today announced it has secured £8 million in investment and appointed a new Chairman to bolster its aggressive international expansion plans.
- Criteo Prices Initial Public Offering
Criteo S.A. (CRTOF), a leading global technology company that specializes in performance display advertising, today announced the pricing of its initial public offering of 8,082,580 American Depository Shares, representing the company's ordinary shares, at a price to the public of $31.00 per American Depositary Share.
- FuzeBox Targets Global Expansion, Raises $26M
Targeting global expansion, FuzeBox, a leading cloud-based provider of real-time communication and collaboration solutions, today named former Yammer and Salesforce.com executive David Obrand as CEO, and announced $26 million in Series B financing led by Hermes Growth Partners with additional funding from Series A investors Index Ventures, Khosla Ventures and Insight Venture Partners.
- PhotoBox Group enhances its social and mobile platform with acquisition of StickyGram.com
PhotoBox Group, Europe’s leading provider of personalized products and operator of the PhotoBox and Moonpig.com brands, is pleased to announce the acquisition of StickyGram.com, a fast-growing, online premium print brand that leverages Instagram to turn its digital photos into delightful magnets.
- Bain Capital Ventures and Index Ventures Invest in Novus
Novus, a New York-based company founded by former portfolio managers, engineers and data scientists to help the world's top institutions and investors generate higher returns, today announced that it has received an investment from Bain Capital Ventures, the venture arm of Bain Capital, and Index Ventures.
- $6 million investment round in London start-up TransferWise
TransferWise, the peer-to-peer international money transfer business, has secured a $6 million investment round led by Valar Ventures, the venture fund founded by Facebook’s first outside investor and co-founder of PayPal, Peter Thiel -- his first Valar Ventures investment in Europe.
- Auxmoney raises $12 million from Index Ventures and Union Square Ventures
auxmoney, Germany's leading online marketplace where private consumers can borrow directly from private investors, secures $12 million funding from Index Ventures (other investments include Skype and Dropbox) and Union Square Ventures (other investments include Twitter and Lending Club).
- MOLESKINE S.p.A.: successfully completes IPO
Moleskine S.p.A. today announced the successful completion of the Initial Public Offering of its ordinary shares, for the purpose of admission to listing on the Electronic Stock Market (MTA), organised and managed by Borsa Italiana S.p.A., with a demand that, within the price range, was more than 3.6 times superior to the total offer.
- Anki: why the demo sealed the deal
If ever there was a case of a demo sealing the deal, then this was it. From the moment we saw Anki Drive cars racing around their track, our minds were made up. Those hundreds of hours I’d spent as a kid, battling electric-powered cars against my friends came flooding back.
- The end of retail (as we know it)
The carnage on the British High street - and its Main Street, USA equivalent - is no blip. The cycle of decline, which has seen a run of recent closures of UK household name retailers and a total of more than 200 medium or large retail businesses going bust over the past five years, is here to stay.
- Rethinking wealth management
When our good friend, Andy Rachleff, started Wealthfront with Dan Carroll a few years back, they held a revolutionary belief about how money should be managed. Having been a trustee of several university endowments, Andy had seen how larger and more sophisticated investors managed their funds.
- The economics of freemium
Economics is occasionally derided as a phony science. Frankly I struggled with it school and university so to me this description really resonates. How can the graphs and formulae in the textbooks ever really capture the behavior of complex organizations and impulsive consumers?
- We are the 8%
“Flatlining”, “pre-recovery”, “stagnant”, “sluggish” - we’re running out of adjectives to describe the UK’s seemingly moribund economy. Stripped of its AAA rating last weekend, it shrank by 0.3% in the final quarter of last year , and - amid signs of a possible triple dip recession - more of the same is predicted for 2013.
- A new beginning in networking
When Guido and Kyle were looking for a name for their newly founded company, they were struggling to come up with something that captured the breadth of their vision for what they foresaw as the future of the networking business. They could have found another randomly-generated five or six letter Latin-sounding name, but that didn’t seem to do the vision or the company justice.
- Investors should not be wary of VC-backed tech
The ‘campaign’ to kickstart the London tech IPO market is underway. The blog posts that Neil Rimer and I both published have attracted a lot of press attention. The engagement we’ve had with No10 and the LSE should result in some small but important regulatory changes that should be seen as important steps towards making London a major hub for tech IPOs.
- Go big, stay at home
Here at Index, our conference rooms often play host to ardent debates. Robust discourse over where we should invest is an ingrained part of our culture. But when it comes to the fundamental issues that allow us to act on our mission of promoting the entrepreneurial ecosystem, we are generally in violent agreement.
- Our new €350m fund for early stage innovation
Today we’re delighted to announce our new €350m early stage technology fund. It’s the final piece of €1bn of new capital we’ve raised in the last 12 months to complement the international platform we have been building to invest in both early stage and growth technology as well as life sciences companies.
- Who will open the London IPO window?
While investors (myself and my partners included), entrepreneurs, politicians and government officials collectively ballyhoo the coming of age of the London start-up scene and its steady stream of high-caliber entrepreneurs pursuing bold plans, we seem to be glossing over the fact that a key component of the ecosystem is sorely lacking.