Crunchbase

Crunchbase is a company providing business information about private and public companies. Their content includes investment and funding information, founding members and individuals in leadership positions, mergers and acquisitions, news, and industry trends.

Crunchbase
Type of site
Data as a service
Available inEnglish
HeadquartersSan Francisco, California
Owner
  • TechCrunch (2007–2015)
  • Crunchbase, Inc. (2015–present)
Created byMichael Arrington
Employees153 (2019)
URLwww.crunchbase.com
CommercialYes
RegistrationOptional
LaunchedMay 17, 2007 (2007-05-17)
Current statusOnline

History
Crunchbase's former logo, used before the name was changed from CrunchBase to Crunchbase

Crunchbase was originally founded in 2007 by Michael Arrington as an outside database to track the data of startups featured in articles on the TechCrunch website.

In September 2010, AOL acquired TechCrunch and Crunchbase as one of TechCrunch's portfolio companies.

In November 2013, AOL entered into a dispute with start-up Pro Populi over the company's use of the entire Crunchbase dataset in apps that Pro Populi developed despite having distributed the data under the Creative Commons CC-BY attribution license. Pro Populi was represented by the Electronic Frontier Foundation.[1] AOL eventually conceded that Pro Populi could continue to use the dataset but adopted the CC BY-NC license for future revisions.[2] As of August 2019, a snapshot of the 2013 dataset is still available for download under the CC-BY license on the Crunchbase website.[3]

In 2014, Crunchbase added incubators, venture capital partners, and a leaderboard feature to the startup database.[4]

In 2015, Crunchbase separated from AOL/Verizon/TechCrunch and went private.[5] In September 2015, in conjunction with the spin out, Crunchbase announced the raise of $6.5 million in funding, followed with a round of $2 million in November. In 2016, the company attempted to show the split from TechCrunch by removing the camel casing of its name (with the "B" in "Base" now being rendered as a small letter), and launched its first product, the paid database Crunchbase Pro.[6] In April 2017, Crunchbase announced an $18 million Series B from Mayfield Fund.[7] At the same time, Crunchbase launched two new products – Crunchbase Enterprise and Crunchbase for Applications.[8]

In 2018, Crunchbase launched "Crunchbase Marketplace".[9] In October 2019, Crunchbase announced a $30 million Series C led by Omers Ventures. Existing backers Emergence, Mayfield, Cowboy Ventures and Verizon also participated.[10]

Products

Their software includes tools for investment analytics, trend analysis, web traffic review, and marketing. They also carry news regarding startups.[11] Crunchbase Pro is their in-depth search tool.[11]

References
  1. Kravets, David (November 2013). "AOL Smacks Startup for Using CrunchBase Content It Gave Away". Wired. Retrieved June 14, 2018.
  2. "Startup Settles Creative Commons Licensing Dispute with Tech Database" (Press release). Electronic Frontier Foundation. December 12, 2013. Retrieved August 17, 2019.
  3. "2013 Snapshot". crunchbase.com. Retrieved August 17, 2019.
  4. "CrunchBase Grows Its Global Reach, Adding Incubators, VC Partners And A New Leaderboard Feature". TechCrunch. September 10, 2014. Retrieved June 14, 2018.
  5. "AOL/Verizon Completes Spinout Of CrunchBase Funded By Emergence Capital". TechCrunch. September 22, 2015. Retrieved June 14, 2018.
  6. "CrunchBase Pro brings new search and analysis features for power users". TechCrunch. September 12, 2016. Retrieved June 14, 2018.
  7. "Crunchbase raises $18M, debuts Enterprise business intelligence, plans 'Marketplace' for 3rd party data". TechCrunch. April 6, 2017. Retrieved December 2, 2021.
  8. Zakrzewski, Cat (April 6, 2017). "Crunchbase Expands Paid Services, Raises $18 Million". The Wall Street Journal. ISSN 0099-9660. Retrieved June 14, 2018.
  9. "Crunchbase opens a marketplace for 3rd-party data in bid to be the 'master database for companies'". TechCrunch. February 21, 2018. Retrieved June 14, 2018.
  10. "Crunchbase raises $30M more to double down on its ambition to be a 'LinkedIn for company data'". TechCrunch. October 31, 2019. Retrieved November 1, 2019.
  11. "Crunchbase Expands Paid Services, Raises $18 Million". The Wall Street Journal. April 6, 2017. Retrieved July 14, 2021.
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