The biggest exit for this L.A. venture firm may wind up being . . . canned water – ITPro.works

Earlier this week, Science Inc, the 10-year-old, L.A.-based incubator and venture firm, rolled out a blank-check company onto the Nasdaq, raising $270 million for what firm founders Peter Pham and … Read More

Webull, M1 and Public remove restrictions on ‘memestocks’ after citing trade settlement firm as the cause – ITPro.works

Three of the popular retail stock market trading apps that have hosted much of the activity related to the Wall Street Bets subreddit-spurred run on stocks including GameStop (GME) and … Read More

Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19 – ITPro.works

In a year marred by the coronavirus pandemic, it seems that early-stage startups on the African continent are continuing to see some notable growth, both in terms of their business … Read More

Chris Krebs and Alex Stamos have started a cyber consulting firm – ITPro.works

Former U.S. cybersecurity official Chris Krebs and former Facebook chief security officer Alex Stamos have founded a new cybersecurity consultancy firm, which already has its first client: SolarWinds . The … Read More

The venture firm SOSV has hired former ITPro.works COO Ned Desmond to help grow its startups – ITPro.works

Ned Desmond, a longtime publishing executive who spent more than half a dozen years at Time Inc. before becoming the chief operating officer of both ITPro.works and Engadget for more … Read More

Health tech venture firm OTV closes new $170 million fund and expands into Asia – ITPro.works

OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm … Read More

New venture firm The-Wolfpack takes a fresh approach to D2C startups – ITPro.works

The-Wolfpack’s co-founders, Toh Jin Wei, Tan Kok Chin and Simon Nichols (Image Credit: The-Wolfpack) The COVID-19 pandemic has hit the consumer, leisure and media companies hard, but a new venture … Read More

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