Sydney-based Canva, the design platform for non-designers, has today announced the close of a $60 million funding round, bringing its valuation to $6 billion, according to the company. The startup has raised a total of more than $300 million, including this latest round of financing, from investors like Bond, General Catalyst, Sequoia, Felicis Ventures, and
France released StopCovid three weeks ago. The government is holding a press conference today to give an update on the app. In particular, this conference is a good opportunity to share some numbers. Over the past three weeks, 1.9 million people downloaded the app on the App Store or Play Store. Out of those 1.9
During the virtual keynote of WWDC, Apple shared the first details about iOS 14, the next major version of iOS that is going to be released later this year. The most visual change is that the home screen is getting widgets. “This year, we spent time rethinking the iconic experience of the iPhone,” SVP of
Horizon Quantum is part of a new crop of startups that focus on building new tools for building software for quantum computers. The Singapore-based company, which is hardware-agnostic but also launched a close partnership with Rigetti Computing in 2018, today announced that it has raised a $3.23 million funding round led by Sequoia Capital India.
Microsoft acquires a security startup, Canva raises $60 million and Apple kicks off a virtual WWDC. Here’s your Daily Crunch for June 22, 2020. 1. Microsoft confirms acquisition of CyberX to boost security in its Azure IoT business Microsoft announced today that it’s acquiring CyberX, a security startup that focuses on detecting, stopping and predicting
Ethan Batraski Contributor Ethan Batraski is a partner at Venrock, where he invests across sectors with a particular focus on hard engineering problems such as developer infrastructure, advanced computing and space. Technology has dramatically changed over the last decade, and so has how we build and deliver enterprise software. Ten years ago, “modern computing” was
Apple has announced a major shift for the Mac. In the future, the company is going to switch from Intel CPU to Apple’s own silicon, based on ARM architecture. If you are a developer or if you run obscure enterprise apps, you may have a lot of questions about how it’s going to work. First,
Apple is rolling out a range of new features and improvements that are aimed at users in India, China and other international markets with its yearly updates to iOS, iPadOS, and macOS operating systems. iOS 14, which will roll out to users later this year, introduces new bilingual dictionaries to support French and German; Indonesia
Apr.17 — Donald Tapscott, Blockchain Research Institute executive chairman, discusses the landscape for cryptocurrencies with Bloomberg’s Amanda Lang and Shery Ahn on “Bloomberg Markets.”
Our inaugural TC Early Stage 2020 event takes place July 21-22, and we’re here to remind you to take advantage of early-bird savings while you still can. The price goes up on June 26, and that means you have just five days left to buy your ticket and keep $50 in your wallet. We created
While we await a fresh IPO filing from heavily backed insurtech startup Lemonade, let’s talk a little more about its public offering. Since our first dig into its S-1 filing, TechCrunch has spoken to a number of investors and operators in Lemonade’s space to find out if our initial read was off — were we
Hasura is an open-source engine that can connect to PostgreSQL databases and microservices across hybrid- and multi-cloud environments and then automatically build a GraphQL API backend for them, making it easier for developers to then build their own data-driven applications on top of this unified API . For a while now, the San Francisco-based startup
TikTok is the latest platform to sign up the European Union’s Code of Practice on disinformation, agreeing to a set of voluntary steps aimed at combating the spread of damaging fakes and falsehoods online. The short video sharing platform, which is developed by Beijing based ByteDance and topped 2BN downloads earlier this year, is hugely
Translation is an everyday smartphone task for millions of people, but outside a few minor features, Apple has generally ceded the capability to its rivals. That changes today with a new first-party iOS app called, naturally, Translate, which works with 11 languages, no internet connection required. The app is intended for use with speech or
Deep01, a Taiwanese startup that develops software to help doctors interpret CT brain scans more quickly, announced today that it has raised $2.7 million. The funding was led by PC maker ASUSTek. Deep01’s product has obtained clearance from both Taiwan and the United States’ Food and Drug Administrations, and the company received its first purchase
Apple is holding a keynote today on the first day of its developer conference, and the company is expected to talk about a ton of software updates. WWDC is a virtual event this year, but you can expect the same amount of news, in a different format. At 10 AM PT (1 PM in New
Jan.06 — Meet Kuri. Think of her as Amazon’s Alexa surfing on a Roomba. She’s cute, but is she worth $700?
This one goes out to all the early-stage startup founders. Whether you’re overwhelmed by the state of the world, overworked — or procrastination is simply an intrinsic part of your DNA — it matters not. Here’s reason to smile. We’re giving you an extra week to apply to compete in Startup Battlefield during Disrupt 2020.
Techonomy CEO David Kirkpatrick and Bloomberg Businessweek’s Max Chafkin discuss the significance of SpaceX’s latest rocket launch with Bloomberg’s Emily Chang on “Bloomberg Technology.”
Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT). Subscribe here. Which startups investors are actually first to backing the best companies? If you know this information before fundraising, you can avoid pitching investors who were always going to tell you that you’re “too
This morning Chilean company Copec announced a corporate venture capital (CVC) fund, dubbed Wind Ventures. Wind will write checks worth between $1 million and $10 million into Series A, B, and C rounds, with an eye on startups that fit into the categories that its parent company works in, namely energy, retail, and mobility. According
Delali Dzirasa Contributor Delali Dzirasa is CEO and founder of Fearless, a full-stack digital services firm in Baltimore, MD with a mission to create software with a soul — tools that empower communities and make a difference. Building a business is hard; about 50% of businesses fail in the first five years. The early years
Over the past few months, COVID-19 has brought much of the fundraising community to a standstill. However, amidst it all India’s hyper0growth telco Reliance Jio Platforms has put its fundraising efforts into full gear. Over the past three months, Jio has raised over $15.5 billion from a cohort of investors that include prominent financial institutions
Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has raised a new €53 million fund. The firm writes initial cheques of between €500,000 and €1.3 million, and says it is on the hunt for startups developing “novel, advanced technology at the cutting edge of their respective sectors.”
“Eventbrite is in the unique club that nobody wants to be in,” says CEO and co-founder Julia Hartz. “Which is the first affected and one of the most directly affected businesses of the COVID-19 era.” Hartz, who co-founded the company with her husband Kevin Hartz and Renaud Visage, joined ExtraCrunch Live recently to discuss moving
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Your humble Equity team is pretty tired but in good spirits, as there was a lot to talk about this week. But, first, three things to start us off: All that said, here’s what we talked about on
Twitter does not have a team dedicated to accessibility, the company confirmed after a developer alluded to the fact. It’s a baffling omission for a company that employs some 4,000 people and a CEO who is often heard talking about doing the right thing. This is not to say that Twitter is a wasteland for
Headless CMS company Contentful today announced that it has raised an $80 million Series E funding round led by Sapphire Ventures, with participation from General Catalyst, Salesforce Ventures and a number of other new and existing investors. With this, the company has now raised a total of $158.3 million and a Contentful spokesperson tells me
French regulation on hate speech on online platforms has been widely deemed as unconstitutional by France’s Constitutional Council, the top authority in charge of ruling whether a new law complies with the constitution. It won’t come into effect as expected in the coming weeks. As a reminder, the original law said that online platforms should
Jul.30 — Gary Vaynerchuk, co-founder of VaynerMedia LLC, weighs in on who will get to a $1 trillion valuation first: Apple or Amazon. He speaks with Bloomberg’s Emily Chang on “Bloomberg Technology.”