In late 2013, Errplane, a Y Combinator-backed startup, began developing an open source project called InfluxDB for database performance monitoring and alerting. After raising several million in financing from VC firms including Mayfield Fund and Trinity Ventures, Errplane changed its name to InfluxData — and went on to raise tens of millions more in capital. Years later, it seems InfluxData is … [Read more...]
Highbeam secures $10M loan to provide credit, spend monitoring and more to e-commerce retailers
Highbeam, a startup that provides banking features, credit and cash flow insights to e-commerce customers, today announced that it raised $10 million in debt from TriplePoint as it looks to expand the reach of its digital product portfolio. Co-founders Samir Shergill (previously at Microsoft, McKinsey and AppNexus) and Gautam Gupta (formerly of Shopify, Venmo and Alloy) spent years working with … [Read more...]
Caldera raises $9M from two rounds led by Sequoia and Dragonfly Capital
Caldera, a no-code web3 infrastructure platform, raised $9 million across two rounds, its co-founder, Matt Katz, exclusively told TechCrunch. The startup was founded in March 2022 by Katz and Parker Jou, CTO of Caldera, in an effort to simplify the process of creating app-specific blockchains so builders can create layer-2 blockchains in the span of hours, opposed to months or years, the team … [Read more...]
Introducing the Inside Startup Battlefield podcast
Startup competitions are a mainstay in Silicon Valley, and there probably isn’t a VC or founder out there who hasn’t heard of TechCrunch Disrupt Startup Battlefield. From the TechCrunch Podcast Network comes Inside Startup Battlefield — a four-episode miniseries that takes you behind the scenes of one of tech’s most anticipated startup competitions. Each episode is a deep dive into a different … [Read more...]
Here are the tech industry’s 2023 Super Bowl commercials, with noticeably less crypto
At Super Bowl LVII, the Kansas City Chiefs referees emerged victorious over the Philadelphia Eagles. But maybe the real winner was us, the viewers, who did not have to sit through a bunch of crypto ads this year. (Also, Rihanna. She won.) These ads offer an insight into the way that the companies we write about everyday market themselves to the average consumer — and sometimes they can be … [Read more...]
Twilio cuts 17% of its workforce just months after previous round of layoffs
Twilio just announced that it will be conducting a round of layoffs that will impact around 17% of its global workforce. The company will also restructure its internal organization and create two business units — Twilio Communications and Twilio Data & Applications. Today’s news must be particularly difficult for Twilio employees as the company already conducted a round of layoffs in … [Read more...]
TechCrunch Live Podcast: Why you should buy your kids a cash register
Christina Ross says her favorite toy was a cash register. And that makes sense now. She’s the co-founder and CEO of Cube, a financial planning and analysis company that’s trying to help businesses bridge that gap between custom spreadsheets and modern planning tools. She sat down with me and Mayfield partner Rajeev Butra to talk about her journey from CFO to CEO. It was a great TechCrunch Live … [Read more...]
The electric RAM 1500 REV is packed with screens and, surprisingly, buttons and knobs
RAM used some of its 2023 Super Bowl ad time to show off some goodies built into the upcoming electric RAM pickup. The RAM 1500 REV, as it’s called, is Stellantis’ first entry into the growing electric pickup wars. The concept debuted last month at the 2023 Consumer Electronic Show, but few details, including interior features, were revealed then. This is the first time the company has … [Read more...]
Transit tech company Via raises $110M at $3.5B valuation
On-demand shuttle service and transit tech company Via has raised another $110 million, bringing the company’s total funding to around $1 billion. The fresh capital pushes Via’s valuation up to $3.5 billion at the same price per share as the company’s previous financing in November of 2021. Via intends to use the funds to further its vision of being “able to provide every city in the world access … [Read more...]
TechCrunch Disrupt returns this September
It’s a cold February across much of the U.S., but this hot newsflash should warm the cockles of every entrepreneur’s heart. TechCrunch Disrupt — the original startup conference — returns to San Francisco on September 19–21. Even better, the heat extends to tickets — they’re priced right and available now. Plan ahead for Disrupt 2023 and bank big savings Early action deserves to be rewarded. Buy a … [Read more...]
Bigscreen’s new VR headset goes small
I’m not sure how high up size is on the VR scene’s current list of complaints. Truth is, there are still a lot of things standing between the technology and mainstream acceptance. Still, massive, bulky headsets are a thing worth discussing. Back at CES, I tried HTC’s VIVE XR Elite, which made portability a centerpiece. After also demoing the PlayStation VR2, the Magic Leap 2 and the Meta Quest Pro … [Read more...]
Matchmaking service Tawkify picks up ‘anti-superficial’ dating app S’More in mobile expansion
Matchmaking service provider Tawkify announced today it acquired S’More, an “anti-superficial” dating app that had experimented with blurred profile photos and even blurred video chats, in an attempt to get people to get to know one another without the focus on physical appearance. With the acquisition, S’More is sunsetting its app, and founder Adam Cohen Aslatei will instead join the Tawkify team … [Read more...]
Practice your startup pitch on TechCrunch Live with Vanta and Sequoia
Practice pitching your startup on this week’s TechCrunch Live. I have two amazing guests and they bring along a lot of startup pitching experience. Three guests of this week’s TechCrunch Live event will have two minutes to practice their elevator pitch and they’ll get four minutes of candid feedback from the two guests. This week, we have Vanta CEO Christina Cacioppo, and Sequoia partner, Andrew … [Read more...]
Startup pledges to ‘deliver a cup of coffee’s worth of energy in just three sprays’
The past two-and-a-half years have been a roller-coaster ride for the founders of VAE Labs, but today the pre-revenue CPG company has some good news: a $2 million seed round that will help boost its sprayable caffeine device into the commercial market. Draper Associates led the investment and was joined by Midnight Venture Partners and Cartograph Ventures. The new capital gives VAE Labs an $8.5 … [Read more...]
A decade of fintech failures: 4 innovations that didn’t live up to the hype
Grant Easterbrook Contributor Grant Easterbrook is a fintech consultant based in Amsterdam. He also co-founded Dream Forward, which was acquired in 2020. More posts by this contributor Preparing for fintech’s second decade: 4 moves your firm must make now Over the last decade, fintech has evolved from a label for plucky startups into a sustained … [Read more...]
A Black YC alum explains how he raised $107M
Nathan Beckord Contributor More posts by this contributor Cold outreach with a warm touch: Here’s the fast pitch we emailed to investors A 7-step method for running effective pitch meetings The founder of Captain, Demetrius Gray, has raised an impressive $107.3 million so far, but he’s no first-timer. While his first startup, WeatherCheck, … [Read more...]
Adtech joint venture by European telcos DK, Orange, Telefonica, Vodafone not a competition concern, finds EU
A joint venture (JV) between four big European carriers to build cross-network ad-targeting infrastructure — which they claim will rely on “affirmative” consent to target mobile and/or fixed network subscribers with “personalized” ads across participating brands/publishers’ sites — has been given the green light to proceed by the European Commission’s antitrust division in a decision announced … [Read more...]
Dockhunt is a new way to discover Mac apps by looking at other people’s docks
App Store might suggest you a useful app from time to time, but you can’t rely on that to discover new apps. Places like Reddit communities or Product Hunt could also be very broad for what you are looking for. So a team of engineers at Basedash, a startup that helps companies connect their databases to admin panels, made a product called Dockhunt that lets you discover new Mac apps by looking at … [Read more...]
Uber and Lyft earnings diverge, a self-driving truck roadblock emerges and Redwood Materials lands a big one
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. No lengthy lead in this … [Read more...]
Strava searches for new CEO with cofounder Michael Horvath departing for a second time
Strava is on the hunt for a new CEO, after Michael Horvath revealed that he’s stepping down from the role for a second time. Horvath co-founded Strava back in 2009, steering the company to become one of the world’s biggest activity tracking social communities, passing 100 million registered users last year. After leaving the Strava hotseat back in 2013 for family reasons, Horvath returned as CEO … [Read more...]
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