‘If you are planning to raise money this year, just know your best case is probably Q4’ Alex Wilhelm 8 hours Earlier today, TechCrunch caught up with Chris Sugden, a managing partner at Edison Partners, to talk about the current fundraising market, what’s next for SaaS startups and if there’s any good news to be
Month: March 2020
The world is vulnerable to a new type of trolling as people turn to Zoom video calls to feel connected amidst quarantines. Jerks are using Zoom’s screensharing feature to blast other viewers with the most awful videos from across the internet, from violence to shocking pornography. That’s just what happened today on the WFH Happy
Salesforce, the global giant in CRM, said on Wednesday that former banker Arundhati Bhattacharya will be joining the company on April 20 as chairperson and CEO of its India division. The San Francisco-headquartered firm said Bhattacharya, who served as the chairperson of the state-run State Bank of India for nearly four decades and oversees financial
The wheels of the regulatory machine continue to turn, and today Apple, along with two of its wholesale partners, was dealt a major blow in France over antitrust violations, by receiving the biggest-ever fine levelled against a business over anti-competitive practices and “sterilizing the market” for Apple products, specifically as they are sold across a
It’s no secret I’m a fan of the reMarkable, a tablet with a paper-like display that’s focused on text and sketching rather than rich media and games. The sequel to the original, announced today, looks to make a good thing even better. Designed for the creation and consumption of monochromatic content like long documents, ebooks,
Google this week warned Android developers that Play Store app review times will be much longer than normal due to the impacts of the COVID-19 crisis. Developers should expect app reviews to take up to a week or even longer, the company informed its community by way of an alert on the Google Play Console.
Hello TechCrunch friends and family, tomorrow morning at 9 am Pacific Time we’re gathering on Zoom for an in-depth chat about our favorite startups from the latest Y Combinator Demo Day. This year’s installment of the twice-yearly startup event happened yesterday, a week early and online only. Like many other things, Demo Day was adapted
The novel coronavirus pandemic has rapidly moved companies into a remote-first world. Nearly all of the world’s largest events have been canceled, put on pause or pivoted to online-only. In the tech world, event cancellations thus far have included SXSW, GDC, Mobile World Congress, Google I/O, Facebook F8, E3 and others. As more and more
Facebook is suffering from a massive bug in its News Feed spam filter, causing URLs to legitimate websites including Medium, Buzzfeed, and USA Today to be blocked from being shared as posts or comments. The issue is blocking shares of some but not all coronavirus-related content, while some unrelated links are allowed through and others
Addapptation, a startup that wants to build a practical design layer on top of Salesforce and other enterprise tools, announced a $1.3 million seed investment today. 2048 Ventures led the round with participation from East Coast Angles, The Millworks II Fund and additional angel investors from New Hampshire, where the firm is located Co-founder Sumner
Renewed phones, laptops and tablets can be as much as 40% cheaper than their brand new cousins, working equally as well and, because they have been saved from the scrapheap, are therefore a great deal more environmentally friendly. Players in this space includeBack Market (raised €48M), Swappa (US) and Amazon Renew. Refurbed, a marketplace for
Apple appears to be expecting a longer disruption to shopping at its physical retail stores as a result of the public health crisis posed by the COVID-19 pandemic. Earlier this week, in a press release, the iPhone maker said it would be closing retail stores outside China until March 27. A note on its website
Revolut is introducing a new product specifically targeted toward kids aged 7-17 years old — Revolut Junior. Revolut Junior is a new app and service that integrates directly with the main Revolut app on the parent’s side. Parents or legal gardians who are also Revolut users can create a Revolut Junior account for their kid. After
Is there an audience for a center-right news publication focused on original reporting and analysis? That’s the proposition that The Dispatch set out to test when it launched last October, and the early results are promising. The startup says it’s now approaching 10,000 paying subscribers, adding up to more than $1 million in annualized revenue.
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As investors struggle to price the stock market as economic and political news continues to break, the private market is entering a rough period. It seems increasingly likely that the period of disruption due to
By now, we know that Kubernetes is a wildly popular container management platform, but if you want to use it, you pretty much have to choose between having someone manage it for you or building it yourself. Spectro Cloud emerged from stealth today with a $7.5 million investment to give you a third choice which
Penta, the Berlin-based business banking challenger that also now operates in Italy, has raised €18.5 million, described as the first closing of a new funding round. Leading the round is new investor RTP Global and existing investor HV Holtzbrinck Ventures. Also participating is ABN AMRO Ventures and Berliner Volksbank Ventures, and Finleap (the fintech company builder that
Smart rings are still a relatively young category in the wearable hardware world, but the Oura Ring seems to be a standout in terms of early success. The Oura Ring hardware is sleek and packed with sensors, allowing it to measure a user’s sleep patterns, take your body temperature and track activity, and now Oura
Kenya’s largest teleco, Safaricom, will implement a fee-waiver on East Africa’s leading mobile-money product, M-Pesa, to reduce the physical exchange of currency in response to the COVID-19 outbreak. The company announced that all person-to-person (P2P) transactions under 1,000 Kenyan Schillings (≈ $10) would be free starting Tuesday for the next 90 days. The move came
Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers. Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which is aimed at sold traders
While companies might pay for a CEO coach, lower level employees often get stuck with lame skill-building worksheets or no mentorship at all. Not only does that limit their potential productivity, but it also makes them feel stagnated and undervalued, leading them to jump ship. Therapy…err…executive coaching is finally becoming destigmatized as entrepreneurs and their
GiveVision, the U.K. startup creating wearable technology to help “restore” sight to people with visual impairments, is partnering with Sony (via the Sony UK Technology Centre) to develop and manufacture its next generation device. Specifically, GiveVision says it will be working with Sony UK Tec to help bring to market a new, lightweight version of
As the COVID-19 pandemic spreads across the U.S., grocery delivery apps have begun seeing record numbers of daily downloads, according to new data from app store intelligence firm Apptopia. On Sunday, online grocery apps including Instacart, Walmart Grocery, and Shipt hit yet another new record for daily downloads for their respective apps, the firm says.
Noah Lichtenstein Contributor Noah Lichtenstein is the founder and managing partner of Crossover, a diversified private technology fund backed by institutional investors, technology execs and professional athletes and entertainers. More posts by this contributor What Studying Students Teaches Us About Great Apps I’ll admit it: When it comes to food, I’m lazy. There are dozens
GitHub, the developer repository owned by Microsoft, made a little deal of its own this morning when it bought JavaScript packaging vendor npm for an undisclosed amount. As GitHub CEO Nat Friedman wrote in a blog post announcing the deal, npm is a big deal in the JavaScript community. The company is the commercial entity
Unfortunately, the world doesn’t have a constant quantity of problems, and while governments and most private businesses are focused on tackling the ongoing COVID-19 pandemic, companies like Genecis Bioindustries are working on technologies to solve another major problem: climate change. For over a decade, sustainability advocates and entrepreneurs have been searching for a way to
We need to go hands-off in the age of coronavirus. That means touching fewer doors, elevators, and sign-in iPads. But once a building is using phone-based identity for security, there’s opportunities to speed up access to WIFI networks and printers, or personalize conference rooms and video call set-ups. Keyless office entry startup Proxy wants to
One of the defining characteristics of the European Union has been its strong policy of taking an open approach when it comes to borders in the region: the EU may be a collection of individual countries, but it works as one, and so when you travel from one to the other as an EU citizen,
TransferWise, the London-headquartered international money transfer service most recently valued by investors at $3.5 billion, has partnered with China’s Aliplay for international transfers. The launch enables TransferWise’s now 7 million-plus users to be able to send Chinese yuan from 17 currencies to users of Alipay, which serves more than 1.2 billion people worldwide including via
TechCrunch did a synopsis recently on Africa’s 2019 VC stats. Analyses from investment fund Partech and media outlets Disrupt Africa and WeeTracker came up with varied numbers, but there was a common trend: the top two countries for venture capital to startups across all three studies were Nigeria and Kenya. TechCrunch covered a number of
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