Back in March, I wrote about how BoxedUp pivoted to enable high-end video production gear sharing and its $2.3 million seed round. At the time, the company’s founder David Boone stuck out, so when I started the pitch deck teardowns, I knew I wanted to feature BoxedUp in one of the installments. Today, we’re taking a close
Tech valuations have endured stark declines this year. But after continued selling, it’s now possible to argue that the selling has gone too far — that tech valuations are now suffering more than is warranted in the wake of the 2020-2021 tech stock bubble. U.S. stocks opened lower today, adding to a miserable year’s trading.
Meta’s recently crowned president of global affairs, Nick Clegg — who, in a former life, was literally the deputy prime minister of the U.K. — has been earning his keep in California by penning an approximately 8,000-word manifesto to promo “the metaverse”: aka, the sci-fi-inspired vapourware the company we all know as Facebook fixed on
How was your first day at TC Sessions: Mobility 2022? We hope you’re fully caffeinated and ready to roll because day two is packed with groundbreaking tech, opportunities galore and more top-notch programming. Finish your coffee, peruse the event agenda and plan your day. We took the liberty of highlighting just some of the presentations
When ZincSearch founder Prabhat Sharma worked as a solutions architect at AWS, he helped customers implement a lot of tools on top of AWS infrastructure services. He noticed that most of the solutions that were designed to help companies sift through log data were from a different era, and those that weren’t, hadn’t really caught
Berlin-based Zolar has bagged €100 million (~$105M) in Series C funding to expand its supplier network for small solar systems to meet rising demand for clean energy. Germany is particularly exposed to the energy crisis triggered by the war in Ukraine as it remains heavily dependent on Russian gas imports — meaning consumers there face
A little bright spot in a market that was already struggling with declining sales well before a global pandemic, supply chain crisis and inflation concerns struck. The North American market saw a small – but hopeful – 4% increase in shipments over the same time last year, per new numbers from Canalys. The primary driver
Max Schireson Contributor Max Schireson, the former CEO of MongoDB, is an executive-in-residence at Battery Ventures, where he helps advise the firm’s cloud and data portfolio companies on a variety of strategic and tactical business issues. More posts by this contributor Tracking the explosive growth of open-source software The Money In Open-Source Software “Are you
Indonesia’s 60 million blue collar workers contribute 20% to its gross domestic product, but they face a lot of uncertainty. Many are forced to bounce from job to job, some fall victim to scam job postings and without a steady employment history, are unable to qualify for financial services, say the founders of Pintarnya. That’s
New York Attorney General Letitia James will launch an investigation into the role that social media and online message boards played in the tragedy that unfolded in Buffalo over the weekend. On Saturday, an 18-year-old shooter opened fire at a Tops supermarket, killing 10 people and wounding three others. In online materials, the suspected shooter
New Relic, which has long been known for its observability platform, is entering the security market today with the launch of a new vulnerability management service. Aptly named New Relic Vulnerability Management, the service aggregates data from botth its own native vulnerability detection system and third-party tools, giving security, DevOps, SecOps and SRE teams a
It’s been a year since Octave Klaba, the founder of OVHcloud, acquired Shadow following a commercial court order. After a stabilizing period, the company is now ready to launch a new plan, a new service and a new B2B offering. Shadow is a cloud computing service for gamers. People can pay a monthly subscription fee
I tried out the brand new Withings ScanWatch about six months ago, and concluded that it was a great smartwatch for people who prioritize their health over wearing a tiny iPhone-like device on their wrists. Today, the French company announced a classier-looking version of the same watch, borrowing design language from dive watches of yore.
In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in
Amazon Labor Union President Christian Smalls joins Emily Chang after testifying before members of Congress about his efforts to unionize Amazon workers across the country, and meeting with President Biden.
Joby Aviation, a California-based company developing electric vertical takeoff and landing vehicles (eVTOL) for commercial passenger service, announced the acquisition of Avionyx, an aerospace software engineering firm, on the TechCrunch Sessions: Mobility stage on Wednesday. The companies did not disclose the terms of the deal, but Joby did say that it was an acqui-hire, which
Payments and software startup SpotOn has closed on $300 million in a Series F financing that values the company at $3.6 billion. Dragoneer Investment Group led the latest round, which included participation from existing backers Andreessen Horowitz (a16z), DST Global, Franklin Templeton and Mubadala Investment Company, as well as new investor, G Squared. The investment
Discord has provided more insight into how the shooter who opened fire in a Buffalo, New York supermarket over the weekend used its service prior to the tragic act of violence. The shooter, 18-year-old Payton Gendron, is charged with first degree murder in the mass shooting, which left 10 people dead and three injured. In
Attention Mobility enthusiasts! It’s been 3 long years since our last in-person mobility event, but the day has finally come. Welcome to Day One of TC Sessions: Mobility 2022! Get ready for two days of programming dedicated to taking a deeper dive into the future of transportation and to meet the people who are shaping
Stripe — the payments giant valued at $95 billion — is on a product sprint to expand its services and functionality beyond the basic payments that form the core of its business today. Today the company took the wraps off Data Pipeline, an infrastructure product that will let its users create links between their Stripe
Here’s a rare sight: Google has been hit with a €10 million fine by Spain for serious breaches of the European Union’s General Data Protection Regulation (GDPR) which found it had passed information that could be used to identify citizens requesting deletion of their personal data under EU law, including their email address; the reasons
In recent years, YouTube has been working to transform its platform into more of a shopping destination with product launches like shoppable ads or more recently, the ability to shop directly from livestreams hosted by creators. Now, it’s furthering that investment with new features for live shopping experiences. At yesterday’s YouTube Brandcast event, where the
For years, scientists and engineers predicted that lithium-ion batteries would get a boost if they could just add more silicon. In the lab, the prediction held, but only for a short period of time. The material had a downside — it became brittle after repeated charging. Sila seems to think it’s solved the problem. The
Heartex, a startup that bills itself as an “open source” platform for data labeling, today announced that it landed $25 million in a Series A funding round led by Redpoint Ventures. Unusual Ventures, Bow Capital, and Swift Ventures also participated, bringing Heartex’s total capital raised to $30 million. Co-founder and CEO Michael Malyuk said that
Dating app Hinge is introducing a new “Self-Care Prompts” feature that is designed to inspire initial conversations between matches about self-care priorities. Hinge’s in-app prompts are conversation starters that users answer as part of their profiles and are displayed to potential matches. The prompts are designed to allow users to showcase their personality instead of
Construction as an industry has evolved with civilization through the ages. But today, it’s one of the few industries that have one foot firmly planted in the past, even as the other tries to step into the future. Construction’s digital transformation journey is only just beginning, and the sector offers a ton of space for
CipherMode Labs CEO and co-founder Sadegh Riazi has been working with encryption his entire career. He studied it as part of his PhD. He was part of the Microsoft SEAL team that worked on improving homomorphic encryption and making it more efficient. What he found was that while homomorphic encryption allows you to work with
Meet Palette, a software-as-a-service startup that is going to be particularly interesting if you’re also running a software-as-a-service startup. The company has built a modern tool to design, manage and optimize sales commission plans for your internal team. Earlier this year, the startup raised a $6 million funding round led by Bain Capital Ventures. Liquid
Zenly, the popular social app with 35 million monthly active users, released a complete redesign just last month. But it turns out that this was just the first part of a bigger change at the company owned by Snap. Zenly is going to compete with the likes of Google Maps and Apple Maps as it
Ardy Esmaeili Contributor More posts by this contributor What US startup founders need to know about the R&D tax credit When it comes to remote employment, employees and employers both face a plethora of benefits and pitfalls. While the cultural pros and cons have been covered, considerations from a setup and maintenance standpoint largely haven’t