TPG Capital is close to signing an agreement to invest in room-sharing service Airbnb Inc. at a $10 billion valuation after resolving disagreements over the terms, people with knowledge of the situation said.
TPG Capital is leaning against investing in room-sharing startup Airbnb Inc. at a $10 billion valuation, people with knowledge of the discussions said, in a sign that some investors are pushing back against Silicon Valley’s frothy startup funding environment.
Actifio Inc., a data-management and storage startup, raised $100 million in a funding round led by Tiger Global Management LLC, giving it a valuation of $1.1 billion, according to people with knowledge of the financing.
Lookout Inc., a maker of smartphone security software, named entrepreneur and Akamai Technologies Inc. Vice President Jim Dolce as chief executive officer as it seeks to boost growth and woo larger customers.
Greylock Partners, the venture firm with stakes in Facebook Inc., LinkedIn Corp. and Groupon Inc., boosted the size of its latest fund by 74 percent to $1 billion to increase investments in more mature technology startups.