Alteryx rises 11% in data analytics IPO

 Alteryx, the data analytics company, went public on the New York Stock Exchange today, marking the third IPO of the year. The company priced its IPO yesterday at $14 per share, and closed Friday at $15.50, or 10.7% higher. Alteryx works with clients like Amazon, Ford and Coca-Cola to help them better assess what products are selling and where there are market inefficiencies. CEO Dean… Read More

What do you want to ask SoFi CEO Mike Cagney at Disrupt NY?

 Have you ever wanted to know what makes a fintech startup tick, but didn’t have the chance, or the right person, to ask? Well, we’ve got you covered: Mike Cagney, the co-founder and CEO of one of the hottest fintech busineses around, is coming to Disrupt in New York for a fireside chat, and we want to hear what you’d like to know. More on that below. But first, allow me to… Read More

Pit.ai puts a financial twist on reinforcement learning to outperform hedge funds

 Despite mystery and intrigue, the reality is that most hedge funds don’t make money. This hasn’t stopped a growing list of startups from trying their hands at employing machine learning to tip the scales in their favor. But Pit.ai, a new machine learning powered hedge fund, adopted into the YC W17 class, thinks it can best Numerai, Quantopian and others with its own unique… Read More

IBM unveils Blockchain as a Service based on open source Hyperledger Fabric technology

 IBM unveiled its “Blockchain as a Service” today, which is based on the open source Hyperledger Fabric, version 1.0 from The Linux Foundation. IBM Blockchain is a public cloud service that customers can use to build secure blockchain networks. The company introduced the idea last year, but this is the first ready-for-primetime implementation built using that technology.… Read More

Arthena uses data science to find the best investments in art

art We all have our opinions about art (even if that opinion is just I don’t get it) — but what about art as an investment? Arthena, which is part of the current batch of startups at Y Combinator, says it can help investors make money reliably from art. Founder and CEO Madelaine D’Angelo said Arthena first launched as an equity crowdfunding platform for purchasing… Read More

MuleSoft soars 46% on first day of trading

 It’s the first enterprise tech IPO of the year and it’s off to the races. MuleSoft, which helps businesses like Netflix and Spotify with their APIs, closed at $24.75, a 46% premium to its IPO price of $17. This was after pricing above the expected range of $14 to $16. The company was able to raise $221 million in the IPO, but they could have raised a lot more if they priced it… Read More

Equity podcast: The return of IPOs and Tesla’s billion-dollar bet

 One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out.
This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief Alex Wilhelm and I sat down with investor and SaaStr founder Jason Lemkin to talk about Tesla’s $1 billion raise, the return of IPOs and recent acquisitions in the technology… Read More