Sanjiv Kalevar Contributor Sanjiv Kalevar is a vice president at Battery Ventures in Boston. I work as a venture capitalist in a glass-walled office and wear dress shirts to work. But it wasn’t so long ago that I wore an orange neon vest instead. That was when I stocked shelves at a big-box, home-improvement chain.
Stitch Fix has filed to go public, finally revealing the financial guts of the startup which will be a test of modern e-commerce businesses that are looking to hit the market — and the numbers look pretty great! Let’s start off really quick with profits: aside from the last two quarters, Stitch Fix posted a
Bubbleproof is a new mockumentary series following the misadventures of Reputation.com founder Michael Fertik and venture capitalist David Cowan as they launch a new fund. But I’m getting ahead of myself. In this first episode, Fertik (who co-wrote the series with Cowan and director Martin Sweeney) is dealing with newfound celebrity as the visionary behind “femto
Movinga, the European platform for house removals that was seemingly written off last year, continues to perform what appears to be an impressive turn around. The Berlin-headquartered startup has closed a new funding round of up to €22 million led by Santo Venture Capital, the venture arm of the Strüngmann family office, with participation from
Atlas Informatics, whose Atlas Recall promised an intuitive and powerful way to index all your information across many services, is shutting down less than a year after launch. There will be no long sunset period: all user data will be deleted next Friday, the 27th. I wrote about the Seattle-based company last November; the idea
There’s no doubt that our collective mobile device addictions are hurting real-world engagement for advertisers. This is especially true in professional sports stadiums, where looking down at your phone means you’re not paying attention to announcements, advertisements, and sometimes even the live game. One New Zealand-based startup think they have an answer to this problem.
A cyber security accelerator with links to the UK’s GCHQ intelligence agency is doubling down for a second program that’s larger and longer than the inaugural bootcamp which kicked off in January. The second cohort, announced today, will go through a nine month program vs three. There’s also more of them: Nine startups vs seven.
Prenetics, a genetic testing startup, plans to expand into more Asian countries after raising a $40 million Series B led by Beyond Ventures and Alibaba Hong Kong Entrepreneurs Fund. The round also includes capital from Yuantai Investment Partners, mFund and eGarden Ventures, and brings Prenetics’ total raised so far to $50 million. The capital will
An engineer for BitGo, Jameson Lopp, faced down a horde of police officers with rifles at his home in Durham, North Carolina after someone sent an anonymous tip regarding a hostage situation at his home. The engineer has been vocal on Twitter about upcoming changes in the protocol. “They shut down most of my neighborhood,”
Spotahome, a Madrid-based startup that lets you view and book mid to long-term accommodation online, has closed €13.6 million in Series A backing. This brings the total raised to €20.7 million since the ‘proptech’ company was founded in 2014. In a call, Spotahome co-founder and CEO Alejandro Artacho told me the injection of capital will
Eyewear e-commerce giant Warby Parker is accused of signing partnership contracts and NDAs with online eyeglass prescription test startup Opternative, then stealing the technology to launch its own competing “Prescription Check” feature. That’s according to a legal complaint filed by Opternative last month that was unsealed today as the lawsuit unfolds. Opternative is seeking extensive
Boston and its surrounding universities are jam-packed with big ideas, but the problem is that many of them never get out of the lab. MIT president Rafael Reif recognized this and decided the city needed an engine to push those ideas and The Engine — part venture capital firm, part business incubator — was born.
Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: Silicon Valley may be the techiest place on earth, but even here, the way people open the front door hasn’t changed much in a century. Most of us still get in by turning a
While Airbnb continues to grow its number of hosts and guests on the platform, sending the hotel industry into a frenzy, landlords and building owners don’t share the same enthusiasm for the home-sharing platform as Airbnb users. But the company has a new plan that gets each party on board with home-sharing. The company is
Steve Wozniak, the Apple cofounder who changed the world alongside Steve Jobs, has today announced the launch of Woz U, According to the release, Woz U will start out as an online learning platform focused on both students and companies that will eventually hire those students. Woz U is based out of Arizona, and hopes
Building a token sale is at once quite simple — you build a token and sell it — and quite complex. A number of issues crop up immediately, including, but not limited to, the need for an expensive team of lawyers, marketers, social media experts and, until now, an expensive crew to build your smart
Some employees at Outcome Health, which provides advertising for pharmaceutical companies in screens within doctors’ offices, allegedly misled advertisers by charging them for ad placements on more video screens than the company had installed, according to a report by The Wall Street Journal. The startup installs screens in doctors’ offices free of charge and then
More people than ever are listening to podcasts, but as they soon find out, discovering new ones is a cumbersome process that lacks the serendipity users take for granted in other apps. CastBox wants to fix that by becoming “the YouTube of audio.” The podcast player for iOS and Android, which has raised $16 million in
The sharing economy continues to bear fruit. CarHopper, a platform for luxury car rental, has raised a $1.5 million seed round to expand to new markets. CarHopper started out as a peer-to-peer platform for luxury car owners — think Lexus, Mercedes and BMW all the way up to Ferrari and Rolls Royce — to rent
One night in Larry Guterman’s freshman year, he was at a loud party in a gym — and ended up with what he says was “ferocious” ringing in his ears afterward. But trip after trip to an audiologist, he said, came up without helpful results even though his hearing seemed to be headed south. Then,
On October 11, TechCrunch and Facebook hosted Startup Battlefield Africa in Nairobi, Kenya. The Startup Battlefield pitch-off competition featured startups from all over Africa in three categories: Productivity and Utility, Social Good, and Gaming and Entertainment. Top notch investors and founders served as judges to pick the winners in each category as well as an overall
FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicing and payments software for those media companies. In the acquisition
Armed with an understanding of machine learning, ROSS Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup, founded in 2015 by Andrew Arruda, Jimoh Ovbiagele and Pargles Dall’Oglio at the University of Toronto, is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund, Y
eShares wants to be the platform for all things equity. From cap table management to secondary transactions, eShares’ software helps businesses like Slack, Flexport and Funding Circle keep tabs on their shares. The startup is raising a $42 million Series C, led by Menlo Ventures and Social Capital. Matt Murphy from Menlo Ventures and Arjun
Houzz is expanding its presence in India by partnering with Times Bridge, the investment arm of The Times Group. As a result of the deal, Houzz said its content will be integrated into The Times Group’s online properties, including the Times of India. A Houzz spokesperson said this will be “the authentic Houzz experience” with the
Uber, SpaceX, and Stripe rely on Solium to keep track of all their shareholders and stock plans. 10,000 smaller startups turn to Capshares for more streamlined equity software that’s not clumsy like spreadsheets. Now Solium is buying out Capshare and letting it run independently so together they can handle shareholder management from inception to IPO.
Flipboard is changing the way it works with online publishers, thanks to two connected announcements. First, publishers no longer need to work directly with Flipboard in order to get their stories into the app. Instead, there’s a new self-serve signup option, allowing Flipboard to automatically pull in stories from publishers’ RSS feeds. To be clear,
On this week’s Technotopia I talked to Massimo Banzi and Fabio Violante, the co-creators of Arduino. This pair of Italian artists saw their little single-board computers as a gateway to high-tech art but they’ve essentially created a world in which anyone – from an 11-year-old hacker to a huge corporation – can make amazing hardware
Hulu has picked up four new series that are centered around e-sports, according to Variety. The network-backed streaming service, which has been coming in hot lately with an Emmy-winning original drama and a push toward more back-log seasons of popular series, purchased the rights to about 15 total hours of content from ESL. Here are
One Night, the last-minute booking app for boutique hotels, is expanding internationally — starting today with London. One Night was created by Standard International, which is the parent company of Standard Hotels. Originally the company launched an app called One Night Standard, which was a way to get great deals on same-day bookings (starting at