{"id":23783,"date":"2021-04-09T05:01:03","date_gmt":"2021-04-09T05:01:03","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/daily-crunch-kkr-invests-500m-into-box.html"},"modified":"2021-04-09T05:01:03","modified_gmt":"2021-04-09T05:01:03","slug":"daily-crunch-kkr-invests-500m-into-box","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/daily-crunch-kkr-invests-500m-into-box.html","title":{"rendered":"Daily Crunch: KKR invests $500M into Box"},"content":{"rendered":"<p id=\"speakable-summary\">Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021.<\/p>\n<p><strong>The big story: KKR invests $500M into Box<\/strong><\/p>\n<p>Private equity firm KKR is <a href=\"javascript:void(0)\">making an investment into Box<\/a> that should help the cloud content management company buy back shares from activist investor Starboard Value, which might otherwise have claimed a majority of board seats and forced a sale.<\/p>\n<p>After the investment, Aaron Levie will remain with Box as its CEO, but independent board member Bethany Mayer will become the chair, while KKR\u2019s John Park is joining the board as well.<\/p>\n<p>\u201cThe KKR move is probably the most important strategic move Box has made since it IPO\u2019d,\u201d <a href=\"javascript:void(0)\">said Alan Pelz-Sharpe of Deep Analysis<\/a>. \u201cKKR doesn\u2019t just bring a lot of money to the deal, it gives Box the ability to shake off some naysayers and invest in further acquisitions.\u201d<\/p>\n<p><strong>The tech giants<\/strong><\/p>\n<p><a href=\"javascript:void(0)\">Samsung\u2019s AirTags rival, the Galaxy SmartTag+, arrives to help you find lost items via AR<\/a> \u2014\u00a0This is a version of Samsung\u2019s lost-item finder that supports Bluetooth Low Energy and ultra-wideband technology.<\/p>\n<p><a href=\"javascript:void(0)\">Spotify stays quiet about launch of its voice command \u2018Hey Spotify\u2019 on mobile<\/a> \u2014\u00a0Access to the \u201cHey Spotify\u201d voice feature is rolling out more broadly, but Spotify isn\u2019t saying anything officially.<\/p>\n<p><a href=\"javascript:void(0)\">Verizon and Honda want to use 5G and edge computing to make driving safer<\/a> \u2014 The two companies are piloting different safety scenarios at the University of Michigan\u2019s Mcity, a test bed for connected and autonomous vehicles.<\/p>\n<p><strong>Startups, funding and venture capital<\/strong><\/p>\n<p><a href=\"javascript:void(0)\">Norway\u2019s Kolonial rebrands as Oda, bags $265M on a $900M valuation to grow its online grocery delivery business in Europe<\/a> \u2014\u00a0Oda\u2019s aim is to provide \u201ca weekly shop\u201d for prices that compete against those of traditional supermarkets.<\/p>\n<p><a href=\"javascript:void(0)\">Tines raises $26M Series B for its no-code security automation platform<\/a> \u2014\u00a0Tines co-founders Eoin Hinchy and Thomas Kinsella were both in senior security roles at DocuSign before they left to start their own company in 2018.<\/p>\n<p><a href=\"javascript:void(0)\">Yext co-founder unveils Dynascore, which dynamically synchronizes music and video<\/a> \u2014\u00a0This is the first product from Howard Lerman\u2019s new startup Wonder Inventions.<\/p>\n<p><strong>Advice and analysis from Extra Crunch<\/strong><\/p>\n<p><a href=\"javascript:void(0)\">Four strategies for getting attention from investors<\/a> \u2014 MaC Venture Capital founder Marlon Nichols joined us at TechCrunch Early Stage to discuss his strategies for early-stage investing, and how those lessons can translate into a successful launch for budding entrepreneurs.<\/p>\n<p><a href=\"javascript:void(0)\">How to get into a startup accelerator<\/a> \u2014\u00a0 Neal S\u00e1les-Griffin, managing director of Techstars Chicago, explains when and how to apply to a startup accelerator.<\/p>\n<p><a href=\"javascript:void(0)\">Understanding how fundraising terms can affect early-stage startups<\/a> \u2014 Fenwick  West partner Dawn Belt breaks down some of the terms that trip up first-time entrepreneurs.<\/p>\n<p>(Extra Crunch is our membership program, which helps founders and startup teams get ahead. <a href=\"javascript:void(0)\">You can sign up here<\/a>.)<\/p>\n<p><strong>Everything else<\/strong><\/p>\n<p><a href=\"javascript:void(0)\">The Cult of CryptoPunks<\/a> \u2014\u00a0Ethereum\u2019s \u201coldest NFT project\u201d may not actually be the first, but it\u2019s the wildest.<\/p>\n<p><a href=\"javascript:void(0)\">Biden proposes gun control reforms to go after \u2018ghost guns\u2019 and close loopholes<\/a> \u2014\u00a0President Joe Biden has announced a new set of initiatives by which he hopes to curb the gun violence he described as \u201can epidemic\u201d and \u201can international embarrassment.\u201d<\/p>\n<p><a href=\"javascript:void(0)\">Apply to Startup Battlefield at TechCrunch Disrupt 2021<\/a> \u2014 All you need is a killer pitch, an MVP, nerves of steel and the drive and determination to take on all comers to claim the coveted Disrupt Cup.<\/p>\n<p><em>The Daily Crunch is TechCrunch\u2019s roundup of our biggest and most important stories. If you\u2019d like to get this delivered to your inbox every day at around 3pm Pacific, you can <a href=\"javascript:void(0)\">subscribe here<\/a>.<\/em><\/p>\n<p><a href=\"javascript:void(0)\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1764565 size-large\" src=\"https:\/\/i0.wp.com\/www.wordpressdynamos.com\/timesofnewscdn\/blog\/364bb_Dk-_nQ.png?resize=640%2C180&#038;ssl=1\" alt=\"\" width=\"640\" height=\"180\" \/><\/a><\/p>\n<p>Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/B0j54U7sKnY\/<\/p>","protected":false},"excerpt":{"rendered":"<p>Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, <\/p>\n","protected":false},"author":1,"featured_media":23784,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-23783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.3 - aioseo.com -->\n\t<meta name=\"description\" content=\"Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. 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This is your Daily Crunch for April 8, 2021. The big story: KKR invests $500M into Box Private equity firm KKR is making an investment into Box that should help the cloud content","og:url":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/daily-crunch-kkr-invests-500m-into-box.html","og:image":"https:\/\/i0.wp.com\/www.rbsitsoftwaresolution.in\/blog\/wp-content\/uploads\/2019\/01\/logo.png?fit=94%2C59&#038;ssl=1","og:image:secure_url":"https:\/\/i0.wp.com\/www.rbsitsoftwaresolution.in\/blog\/wp-content\/uploads\/2019\/01\/logo.png?fit=94%2C59&#038;ssl=1","article:published_time":"2021-04-09T05:01:03+00:00","article:modified_time":"2021-04-09T05:01:03+00:00","twitter:card":"summary_large_image","twitter:title":"Daily Crunch: KKR invests $500M into Box IT and Latest Technology Updates - R Software Solution","twitter:description":"Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. 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The big story: KKR invests $500M into Box Private equity firm KKR is making an investment into Box that should help the cloud content","twitter:image":"https:\/\/i0.wp.com\/www.rbsitsoftwaresolution.in\/blog\/wp-content\/uploads\/2019\/01\/logo.png?fit=94%2C59&ssl=1"},"aioseo_meta_data":{"post_id":"23783","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"Article","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2023-07-13 11:05:40","updated":"2026-10-24 16:35:23","focus_keyword":null,"additional_keywords":null,"truseo_locale":null,"seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.rbsitsoftwaresolution.in\/blog\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.rbsitsoftwaresolution.in\/blog\/category\/enterprise-software\" title=\"Enterprise Software\">Enterprise Software<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tDaily Crunch: KKR invests $500M into Box\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/"},{"label":"Enterprise Software","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/category\/enterprise-software"},{"label":"Daily Crunch: KKR invests $500M into Box","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/daily-crunch-kkr-invests-500m-into-box.html"}],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.wordpressdynamos.com\/timesofnewscdn\/blog\/66642_364bb_Dk-_nQ.png?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7WU2O-6bB","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/posts\/23783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/comments?post=23783"}],"version-history":[{"count":0,"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/posts\/23783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/media\/23784"}],"wp:attachment":[{"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/media?parent=23783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/categories?post=23783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/wp-json\/wp\/v2\/tags?post=23783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}