{"id":43152,"date":"2023-10-20T15:26:29","date_gmt":"2023-10-20T15:26:29","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/the-news-wrap-coupa-software-raises-us80-million-landing-a-1-billion-valuation-startupsmart\/"},"modified":"2023-10-20T15:26:29","modified_gmt":"2023-10-20T15:26:29","slug":"the-news-wrap-coupa-software-raises-us80-million-landing-a-1-billion-valuation-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/the-news-wrap-coupa-software-raises-us80-million-landing-a-1-billion-valuation-startupsmart\/","title":{"rendered":"THE NEWS WRAP: Coupa Software raises $US80 million, landing a $1 billion valuation &#8211; StartupSmart"},"content":{"rendered":"<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"445\" height=\"352\" itemprop=\"image\" class=\"entry-thumb\" src=\"\/wp-content\/uploads\/2013\/03\/l_news-wrap-445.jpg\" alt=\"\" title=\"l_news-wrap-445\"><\/div>\n<p>Spending management company Coupa Software has raised $US80 million, making the cloud startup the latest fast-growing businesses to land a valuation of more than $1 billion.<\/p>\n<p>&nbsp;<\/p>\n<p>The found was led by T Rowe Price along with Iconiq Capital, the firm managing Facebook founder Mark Zuckerberg and Twitter founder Jack Dorsey\u2019s personal investments, according to <i>Re\/code<\/i>.<\/p>\n<p>&nbsp;<\/p>\n<p>The latest capital injection is the startup\u2019s seventh investment round, bringing the total capital raised to date to $US169m.<\/p>\n<h2>Microsoft buys German startup for more than $100 million<\/h2>\n<p>Microsoft will purchase the German startup behind the Wunderlist to-do list app for more than $100 million, according to <i>The Wall Street Journal<\/i>.<\/p>\n<p>&nbsp;<\/p>\n<p>The acquisition is part of a bid to improve Microsoft\u2019s mobile, email and calendar applications.<\/p>\n<p>&nbsp;<\/p>\n<p>The Berlin-based 6Wunderkinder GmbH is backed by US venture capital firm Sequoia Capital and other VCs.<\/p>\n<h2>Apple to launch music streaming service<\/h2>\n<p>Apple is launching its own music streaming service to compete with Spotify, according to <i>The Wall Street Journal<\/i>.<\/p>\n<p>&nbsp;<\/p>\n<p>The new Apple service will reportedly cost $10 a month; however, unlike Spotify, the company will not allow users to stream its entire catalogue.<\/p>\n<p>&nbsp;<\/p>\n<p>The move represents a significant shift away from the downloading model that helped Apple revolutionise music a decade ago.<\/p>\n<h2>Overnight<\/h2>\n<p>The Dow Jones Industrial Average is up 29.69 points, rising 0.16% yesterday to 18,040.37. The Aussie dollar is currently trading at around 76.08 US cents.<\/p>\n<p>&nbsp;<\/p>\n<p><i>Do you know more on this story or have a tip of your own? Raising capital or launching a startup?<\/i> <i>. Follow&nbsp;StartupSmart&nbsp;on<\/i> <i>Facebook<\/i><i>,<\/i> <i>Twitter<\/i><i>, and<\/i> <i>LinkedIn<\/i><i>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spending management company Coupa Software has raised $US80 million, making the cloud startup the latest fast-growing businesses to land a<\/p>\n","protected":false},"author":1,"featured_media":59944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43152"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=43152"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/59944"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=43152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=43152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=43152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}