Is there a point when investors will turn off the spigots for giant unicorn funding rounds? If so, we haven’t reached that threshold yet. Last year, investors put a record amount of capital into members of the Crunchbase Unicorn Leaderboard, a list of private venture-backed companies valued at more than $1 billion. Globally, a staggering $66
If you’ve ever tried to collaborate on a document (or any kind of note, really) with coworkers or anyone else, you’re probably using something along the lines of Dropbox Paper or Google Docs — but they don’t quite have the same team-focused simplicity as, say, Slack, if you ask Christophe Pasquier. That’s where Slite, a
China has already been one of the fastest-growing luxury retail markets in the world for years. As their spending power increases, consumers are becoming pickier, demanding premium brands at better prices, with better service. Now Le Tote, the fashion rental service backed by Andreessen Horowitz, GV and other investors, is preparing to enter the fray.
Factual announced this morning that it’s expanding its Geopulse ad-targeting suite, with new products designed to help advertisers measure whether their campaigns drive in-store visits, and to give them more guidance on overall strategy. You may remember that Factual was founded a decade ago by Gil Elbaz, with the aim of creating an open repository for data.
Would you wear a virtual reality headset while riding a bike? The answer is no, hopefully, but what about a stationary bike? One Cambridge-based fitness startup, VirZOOM, is hoping virtual reality can be the next key to a new fitness craze. Fitness companies like Peloton have raised massive amounts of cash to build techie fitness empires,
Just about every startup has aspirations to be a platform play. One of the main issues companies typically face on that journey is that just because they build an API doesn’t mean developers are going to adopt it. German API startup CloudRail wants to help. It not only provides a set of tools to simplify
If you’re more of a Gmail power user (or even semi-power user) and other email services geared toward work, you’ve probably installed plenty of plugins like Rapportive to make your job a little bit easier. And while it’s all fine to try to pull together a suite of plugins to make that a little bit
Actress Maisie Williams, best known for her role as Arya Stark on Game of Thrones, is the latest celeb to venture into tech entrepreneurship, with the launch of a new company aimed at connecting creatives, called Daisie. Available later this summer as a mobile app, Daisie will offer a platform where creators can network, like,
Not every self-driving car has to be able to move passengers from point A to point B. Take, for example, Nuro: The startup just revealed their unique autonomous vehicle platform, which is more of a mobile small logistics platform than a self-driving car. The company, which has been working away in stealth mode in Mountain
Bench, the TechStars-backed bookkeeping service for SMBs, has today announced the close of an $18 million B-1 funding round led by iNovia Capital. Existing investors, including Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank, also participated in the round. Bench first launched out of TechStars NYC in 2012. Back then, the company was called
What should we do about token sales? Two days ago a Lithuanian “company” called Prodeum looked like a promising if silly blockchain startup. Their stated goal? To track every piece of food on the internet. While I doubt many of us will care about the exact provenance of the orange we just ate, we could
What if you could look down and see your actual arms and legs inside VR, or look at other real-world people or objects as if you weren’t wearing a headset? The team at Imverse spent five years building this incredible technology at universities in Switzerland and Spain. “We were working on this before Oculus was
Warby Parker has been around for seven years, but today the company is finally unveiling a new product category. In a 12-week pilot program, Warby Parker is now offering kids’ frames to folks in the NYC area. The company is pulling from some of its most popular frames, shrinking them down to fit kids 8
In the latest chapter of GAFAM’s continuing bid to conquer online gaming, Microsoft has acquired PlayFab, which helps game developers launch their titles online more quickly with simplified back-end services. The startup will be integrated into Microsoft’s Azure gaming group. The Seattle-based startup had raised around $13 million in funding from investors. Terms of the deal weren’t disclosed.
Manhattan-based startup LittleBits has worked hard to shake the “tech toy” label. While the company’s done a good job getting its kid-friendly engineering kits into the hands of schools, a new partnership with Pearson will certainly add an extra bit of legitimacy to the company’s methods. The education publishing giant announced this week that it’s incorporating
As data privacy becomes an increasingly important notion, especially with the EU’s GDPR privacy laws coming online in May, companies need to find ways to understand their customer’s private data. BigID thinks it has a solution and it landed a $14 million Series A investment today to help grow the idea. Comcast Ventures, SAP (via SAP.io),
One of the great entrepreneurs of the 20th century, Ingvar Kamprad, the founder of IKEA, passed away today. As Reuters pointed out in its short biography, Kamprad created a store — as a teenager mind you — that today has more than 400 locations, revenues of $62 billion, and a cultural ubiquity that very few
D ental care can be costly and hard to access, especially if you live in a rural community or a third-world country. In fact, the biggest barrier to dental care is cost. This is according to the American Dental Association, which says many rural areas lack access to dental professionals. Other than the obvious aesthetic benefits of straighter
HQ Trivia, the No. 1 trivia app in the Apple App Store, has removed the minimum $20 balance to cash out. The company made the announcement earlier today on Twitter. Because the prize money is divvied out among sometimes hundreds of winners, people don’t often walk away with much money from a single game. Up
Detroit-based Floyd has announced a $5.6 million Series A funding round that will let the company expand its operations and release new products. The company has been in Detroit for the last five years and they’re dedicated to creating better furniture and a better experience around furniture. This injection of cash should go a long
French startup Heetch has an ambitious goal. The company wants to become the second ride-sharing service in France and in the other European countries where it operates. The startup just raised $20 million from Félix Capital, Via ID, Alven Capital, Idinvest Partners and InnovAllianz. This is the same funding round as last year’s $12 million
Similar to Uber’s “God View” scandal, Lyft staffers have been abusing customer insight software to view the personal contact info and ride history of the startup’s passengers. One source that formerly worked with Lyft tells TechCrunch that widespread access to the company’s backend let staffers “see pretty much everything including feedback, and yes, pick up
It’s over. Benchmark’s lawsuit against former Uber CEO Travis Kalanick has now been dropped, ending one of the biggest VC-founder disputes in history. It was dismissed as a condition of the SoftBank investment in Uber getting done. The deal was completed earlier this month, giving both Benchmark and Kalanick an opportunity to sell a significant
First Round Capital’s Dorm Room Fund just released VCWiz, a tool to help founders find investors and raise money from them. The platform is one part VC directory and one part CRM tool, essentially letting you find the best investors for your startup then begin the process of reaching out to them. New users input
Ex-hacker Eric Taylor, also known as CosmoTheGod, and another infosec name, Bryant Townsend have colorful pasts. Most recently Taylor stole the Social Security and personal records of a number of high-ranking Obama administration officials, posting it on a site called exposed.su. Townsend, for his part, was caught up in a denial of service hack that
Meet Cozy, a French startup that wants to completely rethink how cloud services work. The startup first launched a Dropbox-like competitor to store, synchronize and share all your files. Now, the company wants to go one step further and create an ecosystem of open-source services that respect your privacy. When I met with Cozy co-founder
Logan Paul, the YouTuber who sparked a public backlash three weeks ago after posting a video in Japan’s “suicide forest,” has returned to the platform. In his first post back, he published a video focused on suicide and self-harm prevention. Paul first found himself in trouble when, in early January, he posted a video titled
Tigera, a San Francisco-based startup that helps businesses connect and secure their container-based applications, today announced that it has raised an additional $10 million in a funding round led by Madrona Venture Group, with participation from New Enterprise Associates (NEA) and Wing Venture Capital. Madrona managing partner Soma Somasegar will join the company’s board of
In what amounts to faint praise for the strength of the physical book NPD reported that print book sales rose 1.9 percent in 2017, less than the 3 percent growth posted in 2013-2016. NPD tracks book sales in the US. They write: “Returning from the huge sales of ‘Harry Potter and the Cursed Child’ in
It sounds like a natural fit: Fiverr, an online marketplace where businesses can hire freelancers, is acquiring And Co, a New York City startup building online tools that freelancers can use manage their client relationships. What’s surprising is the new price that Fiverr CEO Micha Kaufman plans to charge for And Co’s software — absolutely free.