TechCrunch, one of the world’s leading tech news websites, has recently announced a massive 610m
million investment in their company. The investment, led by Greylock and Etherton, is set to push TechCrunch’s valuation to a whopping $4 billion. In this article, we’ll take a closer look at this historic investment and what it means for the future of TechCrunch.
Who is Greylock?
Greylock Partners is a venture capital firm that has been investing in technology companies since 1965. They have a long and successful track record of backing some of the world’s most successful tech companies, including Airbnb, Facebook, and LinkedIn. Their investment in TechCrunch is just the latest addition to their impressive portfolio.
Who is Etherton?
Etherton Ventures is a relatively new venture capital firm that focuses on early-stage investments in the technology industry. The firm was founded by Steve 610m 4b greylocketheringtontechcrunch
a former executive at tech giants Apple and Cisco. Despite being a relatively new player in the VC space, Etherton Ventures has already made a name for itself with its investments in several promising startups.
What is TechCrunch?
TechCrunch is a leading technology news website that covers the latest news and trends in the tech industry. The site was founded in 2005 by Michael Arrington and has since become one of the most influential tech news sources in the world. TechCrunch is known for its in-depth coverage of tech startups and its annual Disrupt conference, which showcases the latest and greatest in technology innovation.
The Investment
The $610 million investment in TechCrunch is one of the largest ever made in a media company. The investment was led by Greylock and Etherton, with participation from several other prominent venture capital firms. The investment is expected to fuel TechCrunch’s continued growth and expansion, allowing the site to expand its coverage and reach an even wider audience.
The Future of TechCrunch
With the new investment, TechCrunch is poised to continue its upward trajectory. The site has already established itself as a leader in the tech news space, and the new funding will allow it to expand its coverage and reach even more readers. The investment will also allow TechCrunch to invest in new technologies and innovative approaches to reporting, ensuring that it stays at the forefront of the rapidly evolving tech industry.
Conclusion
The $610 million investment in TechCrunch by Greylock and Etherton Ventures is a massive win for the tech news site. The investment is one of the largest ever made in a media company and will allow TechCrunch to continue its impressive growth and expansion. With its continued focus on innovative reporting and coverage of the latest tech trends, TechCrunch is sure to remain one of the most influential tech news sources in the world for years to come.
