BREAKING: C2FO closes $200M investment led by backer of WeWork, Uber, Slack

Startup giant C2FO continues its climb to the top, having secured a new $200 million investment — and doubling the amount of its once-record funding raise in fewer than two years.  “We are very fortunate to have a team who, for years, has delivered industry-leading unit economics, extraordinary customer satisfaction, and strong global growth,” Sandy…

Read More

Cloud platform Packet opens KC office after $25M funding round in New York

New York-based Packet’s newly established Kansas City office is expected to take full advantage of the area’s wealth of tech talent, said Ihab Tarazi. “There is actually a very good technical base in Kansas City — so here’s validation of that,” said Tarazi, chief technology officer at the cloud infrastructure firm committed to “building a…

Read More

SoftBank invests $4.4 billion in WeWork

Global coworking giant WeWork recently raked in a massive investment from SoftBank. The Tokyo-based conglomerate and its $93-billion Vision Fund has injected $4.4 billion into WeWork, which has 23 coworking spaces in the United States — including a shared, 40,000- square-foot workspace in Kansas City in the Crossroads Arts District — and more than 27…

Read More

SoftBank’s $100B fund manager: Kansas City is a place people want to stay

SoftBank Capital managing partner Ron Fisher recently said he’s open to deploying some of the $100 billion fund he helps manage in the Midwest, including Kansas City. In an interview with VentureBeat, Fisher discussed Tokyo-based SoftBank’s bold plans to dish some $50 billion in venture capital to U.S. firms and thereby create 50,000 jobs. SoftBank…

Read More

Sprint parent company to invest $50B in U.S. startups

The billionaire behind Sprint’s parent company plans to unload some serious investment capital in American startups. After a meeting with President-elect Donald Trump, SoftBank CEO Masayoshi Son announced that he plans to invest $50 billion in U.S. startups that will create tens of thousands of jobs in the next four years, according to the Associated…

Read More