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January 18, 2019

Postmates Raises $100 Million Investment As It Plans Its IPO

Auto-renew Subscription, Business Strategy, Consumer Services, FInance, Industry Announcements, Memberships, News, Product Development, SaaS and Cloud Services, Subscriber Acquisition, Subscription Apps /

Last week, on-demand delivery service Postmates announced that it raised $100 million in Series F funding, led by BlackRock (a first-time investor in Postmates), Tiger Global Management and Glynn Capital Management, reports Recode. The company is now valued at $1.85 billion, just ahead of the company’s planned IPO, which is likely to happen in the first half of 2019. This was the company’s 11th round of funding, bringing the grant total raised to date to $678 million.

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Five on Friday: Free Streaming, Media Trends and Top Subscription Jobs

Auto-renew Subscription, Business Operations, Business Services, Business Strategy, Consumer Services, Data and IoT, Entertainment and Streaming, Free Subscription, News, Revenue and Sales, SaaS and Cloud Services, Subscriber Only, Subscription Apps /

TGIF. We hope youve had a good week so far and are ready for a three-day weekend! We are ready to kick things off with Five on Friday. This weeks edition features a growing trend in streaming services – the ad-supported video on demand model; how entertainment companies are using data to fuel the future; Spotifys new strategy of selling its own ads; 2019 media trends according to Reuters; and everyones favorite, top subscription jobs from LinkedIn.

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