TechCrunch discussed SiteMinder earlier this year as part of our running examination of companies that have reached certain annual recurring revenue (ARR) thresholds.

As we understand the company’s new valuation in both countries’ currencies, it is possible to calculate the company’s current ARR multiple.

GrowthSiteMinder announced some time ago that it had surpassed the AU$100 million ARR mark in 2019.

To understand the company’s approach to growth, TechCrunch asked SiteMinder if its new capital would allow it to maintain its current pace of ARR growth.

Regardless, SiteMinder is now the inaugural member of the AU$100 million ARR club, and is a local-currency unicorn to boot. | To read full story, visit https://startuparound.com/read/1579206609.0983446/SiteMinder-raises-$70M-at-$750M-valuation-after-cresting-$70M-ARR-in-2019-–-TechCrunch?ref=audio_experience

Our agenda is finished for 2020 SaaStrAnnual March 10-11-12, and it’s epic!

And 100s and 100s of hands-on sessions teaching you how to scale!

If you are part of our Equality, Inclusion and Balance program, you’ll get first access to our 300+ workshops, sessions, panels and mentorship programs.

If you don’t have a ticket yet, now is the time if you want your choice of sessions.

It’s so rich that it’s a bit easier to use on our mobile app, but it gives you a good sense. | To read full story, visit https://startuparound.com/read/1579204825.4019322/Session-Registration-for-2020-SaaStr-Annual-Going-Live-for-our-Equality,-Inclusion-and-Balance-Program-Now?ref=audio_experience

This post is also available in: Español (Spanish)Contxto – Olivia is an artificial intelligence (AI) assistant that’s proved its mettle in the United States.

But for its Brazilian founders, deploying Olivia in the largest Latin American country had always been part of the plan.

Now thanks to an investment round for R$25 million (around US$5.9 million) led by BVx, the investment and innovation arm of Brazilian bank BV, their plans have become a reality.

Besides providing for the official release of its app in Brazil, the fintech will use the investment to hire more staff.

Related article: Brazilian fintech Neon closes Series B worth US$95 millionSmart spending through artificial intelligenceOlivia is an AI solution launched in 2015 that helps people manage their money. | To read full story, visit https://startuparound.com/read/1579203008.044345/AI-startup,-Olivia,-raises-funds-to-aid-Brazilians’-finances?ref=audio_experience

Matera, the French startup formerly known as illiCopro, is raising a $11.2 million funding round (€10 million).

The company has been building a SaaS platform to give you all the tools you need to handle property management for your residential building.

In France, there are two ways to handle property management of residential buildings.

Matera has built a web-based platform to view information, communicate with other co-owners and make sure everything is up-to-date.

So far, Matera has managed to attract 1,000 residential buildings representing 25,000 users. | To read full story, visit https://startuparound.com/read/1579201207.6534069/Matera-raises-$11.2-million-to-let-you-handle-residential-property-management-yourself-–-TechCrunch?ref=audio_experience

Rebound Technologies, a Denver, CO-based developer of an energy-efficient alternative to traditional vapor compression cooling systems, closed a $5m Series A financing.

The round was led by Clean Energy Ventures and Skyview Ventures, with participation from Autodesk Foundation, the philanthropic investing arm of multinational software corporation Autodesk.

Founded in 2012 by Kevin Davis, CEO, Rebound is an advanced refrigeration development company innovating the global cooling industry.

The company’s IcePoint® cooling system utilizes a new thermodynamic cycle to create dynamic cooling capacity that improves the effectiveness of cooling systems while also reducing energy consumption and overall costs.

Initially installed in combination with existing cooling systems, Rebound’s dynamic cooling capacity will improve moisture control and rapid-freezing capabilities while also lowering energy costs. | To read full story, visit https://startuparound.com/read/1579199409.2376492/Rebound-Technologies-Raises-$5M-in-Series-A-Financing?ref=audio_experience

Microsoft’s $3,500 enterprise augmented reality headset HoloLens 2 had a somewhat longer path to market than expected, debuting last February and actually beginning shipments in November despite suggestions of an earlier release.

Now Microsoft is confirming that it’s looking into reports of display problems from a growing number of early adopters, though it’s unclear at this stage whether the problems are hardware, software, or user specific.

That said, as the distance increases between the display and the eye’s pupil, apparent image quality — including color uniformity — will typically decrease.

HoloLens 2 is presently available only through a handful of Microsoft enterprise partners, and some customers on Reddit are continuing to report lengthy delays in sourcing headsets.

Microsoft did not respond when asked whether HoloLens 2 production has been paused or adjusted to address the apparent display issues. | To read full story, visit https://startuparound.com/read/1579197707.680354/Microsoft-confirms-HoloLens-2-display-issues-as-headsets-remain-scarce?ref=audio_experience

This post is also available in: Español (Spanish)Contxto – PR at Rappi has had a rough couple of days.

Now they’re busy working to keep the startup’s stance in a lawsuit for theft of trade secrets in a United States court.

Let the drama unfold…Related article: Colombia’s Rappi to lay off ~300 employees, in rude awakening to new 2020 realityHey, that’s mine!

The plaintiffs in the lawsuit are three Colombian entrepreneurs by the names of Mauricio Paba, Jose Mendoza, and Jorge Uribe.

And it’s been a double-whammy for Rappi, that fired staff less than a week ago. | To read full story, visit https://startuparound.com/read/1579195914.6246967/Uh-oh,-Rappi-faces-lawsuit,-accused-of-stealing-trade-secrets?ref=audio_experience

CellFE, Inc., a San Carlos, Calif.-based startup developing a microfluidics based device to deliver gene-editing molecules, raised $3.6m in an initial seed funding.

The round was co-led by Cota Capital and Dynamk Capital, and joined by Embark Ventures.

The funding is expected to close with additional investors by the end of January 2020.

Led by Alla Zamarayeva, CEO, CellFE focuses on the application of microfluidics in the process of delivering gene-editing molecules into human cells.

The company has developed technology that uses rapid cell compressions to drive cells to uptake molecules from the surrounding fluid. | To read full story, visit https://startuparound.com/read/1579194023.1732547/CellFE-Raises-$3.6M-in-Seed-Funding?ref=audio_experience

Often, a major, cosmopolitan city like New York City, Los Angeles or London can seem like a go-to place for starting a new business, almost regardless of its specialism.

True, choosing a highly populous city for your business base can be very advantageous.

Are there enough business opportunities locally?

If you will be setting up a whole new business – rather than relocating an existing one – in that city, you should carefully assess what types of business would be viable there.

In a small town or city, it can be difficult to quite get an otherwise promising business off the ground simply due to local resources being at a premium. | To read full story, visit https://startuparound.com/read/1579192226.4777105/5-Key-Considerations-When-Setting-up-Business-in-a-Big-City?ref=audio_experience

Tweet SAN FRANCISCO, CA, Gentem has raised $3.7 million to help doctors run viable healthcare practices, led bu Susa Ventures.

To export Gentem funding data to PDF and Excel, clickClick here for more funding data on GentemTo export Gentem funding data to PDF and Excel, click here Gentem, has raised $3.7 million to help doctors run viable healthcare practices and remain independent.

Gentem is building the infrastructure that will power the future of healthcare reimbursement and spur a new generation of medical and surgical practices while making current practices more efficient.

Gentem transforms the reimbursement experience by not only handling the end-to-end billing and revenue cycle processes, but also paying physicians upfront for their services.

Gentem is based in San Francisco and leverages cutting-edge technology in machine learning, automation and fintech to help make doctor's practices run more efficiently. | To read full story, visit https://startuparound.com/read/1579188863.523826/Gentem-Raises-$3.7M?ref=audio_experience