Lily AI, a startup focused on using deep learning to help brands better convert customers through emotionally tailored recommendations, announced this morning that it has raised a $12.5 million Series A led by Canaan Partners. Prior investors NEA, Unshackled and Fernbrook Capital also took part in the funding event. Prior to its Series A, Lily had
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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. Farewell, don’t @ me. Twitter will test a way to let you limit replies to your tweets Twitter users will soon
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, we’re exploring fundraising from outside the venture world. Founders looking to raise capital to power their growing companies have more options than ever. Traditional bank loans are an option, of course. As is venture
More changes have been announced in the senior leadership of French pro-privacy search engine Qwant. President and co-founder Eric Leandri (pictured above) will be moving from an operational to a strategic role on January 15, the company said today — while current deputy managing director for sales and marketing, Jean-Claude Ghinozzi, is being promoted to
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. ClassPass, finally a unicorn, raises $285 million in new funding ClassPass launched in 2013 to give people an easier way to
Bux, the Amsterdam-based fintech that wants to make investing more accessible, has acquired the European “social” cryptocurrency investment platform Blockport. Terms of the deal remain undisclosed, although Bux says the move paves the way for the company to launch its own branded cryptocurrency investment app. Dubbed “BUX Crypto,” it will be available in the 9
Over the past several years, surgical has become one of the hottest — and best funded — categories in robotics. That’s thanks, in no small part, to the massive success of companies like Intuitive. Virtual Incision Corporation has also had a pretty solid fundraising streak since its 2006 founding. Today the Lincoln, Neb. startup announced
Shares of Chicago-based food delivery service Grubhub are sharply higher in regular trading today after The Wall Street Journal reported that the company has hired external advisers to explore its “strategic” options, inclusive of a possible sale. Investors, heartened by the news, bid its equity up 17% as of the time of writing, valuing the
What if politicians could only display Twitter replies from their supporters while stopping everyone else from adding their analysis to the conversation? That’s the risk of Twitter’s upcoming Conversation Participants tool it’s about to start testing that lets you choose if you want replies from everyone, only those your follow or mention or no one.
VMware is closing the year with a significant new component in its arsenal. Today it announced it has closed the $2.7 billion Pivotal acquisition it originally announced in August. The acquisition gives VMware another component in its march to transform from a pure virtual machine company into a cloud native vendor that can manage infrastructure
Last year was a landmark for online privacy in many ways, with something of a consensus emerging that consumers deserve protection from the companies that sell their attention and behavior for profit. The debate now is largely around how to regulate platforms, not whether it needs to happen. The consensus among key legislators acknowledges that
As renewable energy and energy efficiency continue to make gains among cost-conscious consumers, more companies are looking at ways to give customers better ways to manage the electricity coming into their homes. At the Consumer Electronics Show in Las Vegas, Schneider Electric unveiled its pitch to homeowners looking for a better power management system with
At last year’s CES, Twitter introduced its first public prototype app, twttr — dubbed “little T” internally at Twitter. The app allows Twitter to develop and experiment with new features in the public, to see what works and what does not. The app’s main focus, to date, has been on making threaded conversations easier to
While Microsoft cloud services such as SharePoint, Microsoft Teams and Office 365 are used widely by large organizations, the products don’t come standard with an enterprise-grade control layer. That’s where AvePoint, a Microsoft independent software vendor (ISV), comes in. Today, the company announced a $200 million Series C investment. The round was led by TPG
As we start 2020, the media and entertainment sectors are in flux. New technologies are enabling new types of content, streaming platforms in multiple content categories are spending billions in their fight for market share and the interplay between social platforms and media is a central topic of global political debate (to put it lightly).
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. It’s the second to last day of 2019, meaning we’re very nearly out of time this year; our space for repretrospection is quickly coming to a close. Before we do run out of hours, however,
Facebook and eBay have made commitments to do more to stop fake reviews being sold on their platforms after coming under pressure from a UK markets regulator — even as fresh examples of the problem have been found on Facebook-owned Instagram. Last June the Competition and Markets Authority (CMA) warned the two platform that they
Weber is deepening its partnership with smart cooking startup June, with a new product debuting at CES 2020 today that can turn any grill into a smart grill — and providing expert guidance and grilling advice to even novice home cooks. The new Weber Connect Smart Grilling Hub includes a small device with ports for
Two of the top three telecom operators in India are beginning to address one of the biggest challenges hundreds of millions of their subscribers face in the country each day: poor call quality and abrupt voice drops. Reliance Jio, India’s second largest telecom operator, announced today that it now supports voice and video calling functionality
Quantum computers are, by default, hybrid machines that combine the exotic properties of the quantum world with a classical computer that, essentially, manages it. A lot of the focus in the industry has gone into the actual quantum processors, but as those machines get more powerful, the classical part — and the process of converting
Snapchat’s most popular yet under-exploited feature is finally getting the spotlight in 2020. Starting in February with a global release, your customizable Bitmoji avatar will become the star of a full-motion cartoon series called Bitmoji TV. It’s a massive evolution for Bitmoji beyond the chat stickers and comic strip-style Stories, where they were being squandered
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. VMware completes $2.7 billion Pivotal acquisition VMware is closing the year with a significant new weapon in its arsenal. (I restrained
Midnite, the London-based esports betting startup from the same team behind daily fantasy football app Dribble, has raised just over $2.5 million in funding. The “strategic” investment is led by gaming-focussed venture firm Makers Fund. Previous investors in Midnite include London VC firm Venrex Investment Management, as well as unnamed “founders and executives” from leading
One of the new products unveiled at CES this year is a new kind of home security system – one that includes drones to patrol your property, along with sensors designed to mimic garden light and a central processor to bring it all together. Sunflower Labs debuted their new Sunflower Home Awareness System, which includes
Startup founders, set your sites on TC Sessions: Robotics+AI, which takes place on March 3, 2020. This annual day-long event draws the brightest minds and makers from these two industries — 1,500 attendees last year alone. And if you really want to make 2020 a game-changing year, grab yourself a demo table and showcase your
Changing from the highest-flying conglomerate and most famous capital vehicle to troubled icons of misplaced exuberance, it’s tough to be SoftBank and its Vision Fund today. Despite the occasional good story, it’s been a tough run for the pair. But lost in the continuous drip of bad news concerning the Japanese firm and its globally
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 bans deceptive deepfakes and some misleadingly modified media In a policy update announced late yesterday, Facebook’s Monika Bickert wrote that
While most of the world agrees that carbon dioxide emissions from human activity are creating a climate crisis, there’s little consensus regarding how to address it. One of the solutions that’s both the most obvious and, seemingly, the most difficult for the international community to agree on is establishing a market that would put a
InsightFinder, a startup from North Carolina based on 15 years of academic research, wants to bring machine learning to system monitoring to automatically identify and fix common issues. Today, the company announced a $2 million seed round. IDEA Fund Partners, a VC out of Durham, N.C., led the round, with participation from Eight Roads Ventures
Delta is keynoting CES today and launching a slew of updates to its digital services. Its competitors don’t want to be left behind, of course, so it’s probably no surprise that American Airlines also made a small but nifty tech announcement today. In partnership with Google, American will start trialing Google Nest Hubs and the