image : Clutter According to a TechCrunch report , Clutter, a storage-on-demand service that lets users get their possessions packed up, taken away, stored and returned at the click of an app, is raising between $200 million and $250 million in a round led by Softbank. It says term sheets for the investment are out but are not yet finalised as investors go through due diligence. Clutter, which operates in the Bay Area, Seattle, Southern California, New York and Chicago, has raised $96 million in funding according to Crunchbase . Investors in the company include Alphabet's GV, Atomico, Sequoia Capital, Fifth Wall, Bracked Capital, Wonder Ventures and Four Rivers Group. It last raised $64 million in 2017 at a $240 million valuation according to Pitchbook . Clutter co-founders Ari Mir (left) and Brian Thomas image : Clutter An investment like this could be used to aid expansion into more regions, likely urban areas where people live in smaller spaces with less stor
A very big new acquisition has happened in the tech industry, with Okta (NASDAQ: OKTA), the publicly-traded cloud identity and access management software provider, announcing an agreement to buy Auth0, a fellow cloud identity software provider, for a price of $6.5 billion to be paid all with shares. A $6.5 billion exit for Auth0 marks a major win for the startup scene in Seattle, the tech hub where Auth0 is based and also a major win for the company's backers and investors. Auth0 last raised venture funding last year in July with a $120 million Series F round that valued the company at $1.9 billion. Now, it's about to sell for more than triple that amount. Auth0 has raised more than $330 million in total venture funding, with investors including the likes of Salesforce Ventures, Bessemer Venture Partners, Telstra Ventures, Sapphire Ventures, and DTCP. Salesforce Ventures led Auth0's most recent $120 million Series F round. With its acquisition of a fellow cloud identity a