Month: December 2019

Timothy R. Bowers Contributor Andrew P. Dixon Contributor For many founders, building and selling a successful venture-backed company for cash is the ultimate goal. However, the reality is that some companies will instead receive an equity-funded acquisition proposal in which equity of another private venture-backed company, rather than cash, represents all or a significant portion
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Now that the final technology IPOs of 2019 have touched down, it’s a good time to start looking back at what happened during the year. We’re hunting for trends as the clock winds down. Here’s one that’s obvious: Hardware startups are still struggling. It’s cliché to note in startupland that hardware is hard. Everyone knows
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F5 got an expensive holiday present today, snagging startup Shape Security for approximately $1 billion. What the networking company gets with a shiny red ribbon is a security product that helps stop automated attacks like credential stuffing. In an article earlier this year, Shape CTO Shuman Ghosemajumder explained what the company does: “We’re an enterprise-focused
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Spain’s Glovo, an on-demand delivery app platform which operates in Europe, LatAm and Africa delivering food but also other urban conveniences from groceries to pharmaceuticals, has bagged another €150 million (~$166M) in a fast-following Series E round led by Abu Dhabi state investment company, Mubadala. The raise follows a €150M in Series D that was
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France’s competition watchdog has slapped Google with a €150 million (~$166M) fine after finding the tech giant abused its dominant position in the online search advertising market. In a decision announced today — following a lengthy investigation into the online ad sector — the competition authority sanctions Google for adopting what it describes as “opaque
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When we met up with Huawei at their Shenzhen headquarters earlier this year, details on the Mate X were hazy, at best. We did have the opportunity to play around with the forthcoming handset a bit over lunch, but the unit looked largely unchanged from what we’d seen at MWC earlier in the year. Release
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Josh Gross Contributor Josh Gross is the managing partner at digital product studio Planetary and its child company, Regular, the low-cost, high quality studio for small businesses. Do you remember as a kid going to the grocery store with your parents and being just totally overwhelmed by the bright, loud packaging of products on shelf
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Leapfin, a startup selling corporate finance tooling, announced a $4.5 million round this morning. The funding event was led by Bowrey Capital, and included dollars from a number of former technology executives. Before its newly announced investment, the company had raised just a small seed round. The small capital amounts may seem inconsequential, but they’re
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The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook acquires Madrid-based cloud gaming startup PlayGiga Facebook is building out its gaming business — earlier this year, the company added
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Another legal blow for Uber in Europe: A regional court in Frankfurt has banned the company from sending ride-hailing requests to rental car companies via its app — with the court finding multiple competition violations. The ruling, over Uber’s dispatching process, follows a legal challenge brought by a German taxi association. In Germany Uber’s ride-hailing
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Apple has released an open-source version of the HomeKit Accessory Development Kit. You can now fork it on Github and play around with it to integrate smart home devices in the Home app and beyond. Today’s news is related to the Connected Home over IP effort, an industry-wide effort to build an open-source standard for
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MeWe, the subscription-based social network that emphasizes privacy and bills itself as the anti-Facebook, is launching a premium tier of its service and spinning up a business-focused product to take on enterprise networking and communication tools like Slack. Founded by Mark Weinstein, a gregarious serial entrepreneur who credits himself with being an early developer of
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Speechly, a startup out of Helsinki that boasts an experienced team of speech recognition and “natural language understanding” experts, has raised €2 million in seed funding to make it easier for developers to add a voice UI to their products. The round is led by Berlin’s Cherry Ventures, with participation from Seedcamp, Quantum Angels, Joyance
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