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TechCrunch Startup News

TechCrunch Startup News

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SpecTrust raises millions to fight cybercrime with its no-code platform

Risk defense startup SpecTrust is emerging from stealth today with a $4.3 million seed raise and a public launch. Cyber Mentor Fund led the round, which also included participation from Rally Ventures, SignalFire, Dreamit Ventures and Legion Capital. SpecTrust aims to “fix the economics of fighting fraud” with a no-code platform that it says cuts […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 17, 20215 min

Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round

Orbital imagery is in demand, and if you think having daily images of everywhere on Earth is going to be enough in a few years, you need a lesson in ambition. Alba Orbital is here to provide it with its intention to provide Earth observation at intervals of 15 minutes rather than hours or days […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 14, 20214 min

BluBracket nabs $12M Series A to expand source code security platform

BluBracket, an early stage startup that focuses on keeping source code repositories secure, even in distributed environments, announced a $12 million Series A today. Evolution Equity Partners led the round with help from existing investors Unusual Ventures, Point72 Ventures, SignalFire and Firebolt Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 14, 20213 min

Legionfarm, pairing pro gamers with amateurs, raises $6 million Series A

Legionfarm, the gaming platform that lets gamers play with pro players in their favorite games, has today announced the close of a $6 million Series A round. Investors in the round include SVB, Y Combinator, Scrum VC, Kevin Lin, Altair Capital, Ankur Nagpal and more. Legionfarm launched out of Y Combinator at the beginning of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 13, 20213 min

Jamf snags zero trust security startup Wandera for $400M

Jamf, the enterprise Apple device management company, announced that it was acquiring Wandera, a zero trust security startup, for $400 million at the market close today. Today’s purchase is the largest in the company’s history. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 13, 20214 min

Amplitude acquires Iteratively

Amplitude, the well-funded product intelligence startup that helps businesses use their data to predict which features will drive the best business outcomes for them, today announced that it has acquired Iteratively, a startup that helps businesses build trustworthy data pipelines. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 12, 20214 min

DataRobot expands platform and announces Zepl acquisition

DataRobot, the Boston-based automated machine learning startup, had a bushel of announcements this morning as it expanded its platform to give technical and non-technical users alike something new. It also announced it has acquired Zepl, giving it an advanced development environment where data scientists can bring their own code to DataRobot. The two companies did […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 12, 20214 min

Indy VC firm Sixty8 Capital launches $20M fund aimed at underrepresented founders

It is clear that Black, women, Latinx and LGBTQ+ startup founders face an uphill battle when it comes to getting a share of the VC investment pie in Silicon Valley. Perhaps that’s why Sixty8 Capital, a firm based in Indianapolis, Indiana, smack dab in the middle of the country, has chosen to launch a new […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 11, 20215 min

Serial fiction app Radish acquired by Kakao Entertainment for $440M

Serialized fiction app Radish has been acquired by Kakao Entertainment in a transaction valued at $440 million. Kakao Entertainment is owned by Kakao, the South Korean internet giant whose services include its eponymous messaging platform. Radish founder Seungyoon Lee will hold onto his role as its chief executive officer, while also becoming Kakao Entertainment’s global […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 11, 20214 min

Tiger Global is betting that more schools are going to share future student earnings

Income-share agreements, or ISAs, are a way to bring flexibility to the often steep financial costs of higher education. The financial model allows a student to learn at zero upfront cost, and then pay any costs through a percentage of future income over time. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 10, 20215 min

BigBrain aims to bring live mobile trivia back to glory

If you ask Nik Bonaddio why he wanted to build a new mobile trivia app, his answer is simple. “In my life, I’ve got very few true passions: I love trivia and I love sports,” Bonaddio told me. “I’ve already started a sports company, so I’ve got to start a trivia company.” He isn’t kidding […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 10, 20213 min

Metafy adds $5.5M to its seed round as the market for games coaching grows

This morning Metafy, a distributed startup building a marketplace to match gamers with instructors, announced that it has closed an additional $5.5 million to its $3.15 million seed round. Call it a seed-2, seed-extension or merely a baby Series A; Forerunner Ventures, DCM and Seven Seven Six led the round as a trio. Metafy’s model […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 7, 20214 min

How 4 New Jersey pools turned into a startup that just raised $10M

As the oldest of 12 children, Bunim Laskin spent much of his teen years looking for ways to help keep his siblings entertained. Noticing that a neighbor’s pool was often empty, Laskin reached out to ask if his family could use her pool. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 6, 20217 min

Timescale grabs $40M Series B as it goes all in on cloud version of time series database

Timescale, makers of the open source TimescaleDB time series database, announced a $40 million Series B financing round today. The investment comes just over two years after it got a $15 million Series A. Redpoint Ventures led today’s round with help from existing investors Benchmark, New Enterprise Associates, Icon Ventures and Two Sigma Ventures. The […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 5, 20213 min

Fitness ring maker Oura raises $100M

It’s been a wild couple of years for Oura. Last year, in particular, proved to be a major driver for the wearable fitness manufacturer. With the pandemic bringing professional sports to a screeching halt in 2020, a number of major leagues have adopted the ring, including the NBA, WNBA, UFC and NASCAR. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 5, 20213 min

alt.bank, Brazil’s latest fintech targeting the unbanked, raises $5.5M

It looks like everyone and their mother is trying to reinvent the Brazilian banking system. Earlier this year we wrote about Nubank’s $400 million Series G, last month there was the PicPay IPO filing and today, alt.bank, a Brazilian neobank, announced a $5.5 million Series A led by Union Square Ventures (USV). Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 4, 20214 min

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A

Hangry, an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. The round was led by returning investor Alpha JWC Ventures, and included participation from Atlas Pacific Capital, Salt Ventures and Heyokha Brothers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 4, 20214 min

Y Combinator-backed Uiflow wants to accelerate no-code enterprise app creation

TechCrunch recently caught up with recent Y Combinator graduate Uiflow, a startup that is building a no-code enterprise app creation service. If you are thinking wait, don’t a number of companies already do that?, the answer is yes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 3, 20214 min

Cloud gaming service Shadow taken over by OVHcloud founder

Blade, the French startup behind cloud gaming service Shadow, has been acquired by Octave Klaba’s fund following a commercial court order. Klaba is better known as the founder of OVHcloud, a French cloud hosting company. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 3, 20213 min

Firstbase raises $13M to make remote work suck less

The chance that I am ever willing to commute on a regular basis again in the future is zero. It’s too inefficient. And while workers and employers are somewhat split on where they stand on the question of remote toil, the COVID-19 pandemic has permanently shaken up the working world; we’re not going back to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 30, 20214 min

Splitwise raises $20M Series A to help everyone in the world divvy expenses

This morning Splitwise, a Providence, Rhode Island-based startup announced that it has closed a $20 million Series A. The company builds consumer fintech software that helps users split expenses. But Splitwise isn’t a Venmo or Paytm clone. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 29, 20215 min

Botpress nabs $15M Series A to help developers build conversational apps

Botpress, a Montreal-based early stage startup, wants to make it easier for developers to build conversational-based apps, meaning humans interact with the app by speaking instead of typing, clicking or tapping. Today it announced an $15 million Series A from Decibel and Inovia Capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 29, 20214 min

Ivorian startup Afrikrea partners with DHL and Visa to launch SaaS e-commerce platform ANKA

In 2016, Ivorian e-commerce startup Afrikrea started as a marketplace for African-based and inspired clothing, accessories, arts, and crafts. Over the past five years, Afrikrea has served more than 7,000 sellers from 47 African countries and buyers from 170 countries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 28, 20216 min

Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

Clio, a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Rowe Price Associates Inc. and OMERS Growth Equity. The round propels the Vancouver, British Columbia-based company to unicorn status, valuing it at $1.6 billion. Clio last […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 28, 20215 min

Tellius announces $8M Series A to build ML-fueled business data query tool

Getting actionable business information into the hands of users who need it has always been a challenge. If you have to wait for experts to help you find the answers, chances are you’re going to be too late. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 27, 20214 min

Dating app S’More bets on celebrity content with S’More TV

Dating startup S’More has launched a new feature called S’More TV, which CEO Adam Cohen-Aslatei said could give users new ways to talk to each other. It also bringing the startup closer to his goal of becoming not just a dating app, but “a lifestyle brand.” The videos on S’More TV may be familiar to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 27, 20214 min

Mighty Networks raises $50M to build a creator economy for the masses

Mighty Networks, a platform designed to give creators and brands a dedicated place to start and grow communities, has closed on $50 million in a Series B funding round led by Owl Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 26, 20216 min

Introvoke raises $2.7M to power online events that can be embedded anywhere

While there’s been plenty of attention and money lavished on virtual event platforms over the past year, Introvoke co-founder and CEO Oana Manolache predicted that we’re only at the beginning of a “third wave of digital transformation.” In her framing, the first wave came at the beginning of the pandemic, when everyone was using video […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 26, 20214 min

Hyundai invests in teleoperations startup Ottopia as part of $9M round

After spending much of his career in mission-critical environments, including the Israeli Air Force, Israeli Intelligence and leading development of a cybersecurity product at Microsoft, Amit Rosenzweig turned his attention to autonomous vehicles. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 23, 20215 min

Queenly raises $2.3M for its dress marketplace

One of our favorite companies from the most recently Y Combinator batch has closed a seed round. This morning Quenly announced that it has closed a $2.262 million round, following its $800,000 pre-seed raise. TechCrunch covered the company in February, noting that the company was building something akin to the StockX for women’s formal wear. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 23, 20215 min

MasterClass co-founder’s Outlier.org raises $30M for affordable, virtual college courses

Outlier.org — a startup offering intro-level college courses online and at a relatively affordable price — is announcing that it has raised $30 million in Series B funding. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 22, 20215 min

Figma introduces a whiteboard tool called FigJam

Figma spent years in stealth before launching its web-based collaborative design tool. Since coming into the light, the company has been iterating quickly. Today, Figma launches its biggest product update to date. Meet FigJam, Figma’s new whiteboarding tool. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 22, 20213 min

Tom Brady and Salesforce Ventures pour millions into Class, a Zoom-friendly edtech startup

Class, an edtech startup that integrates exclusively with Zoom to make remote teaching more elegant, has raised $12.25 million in new financing. The round brings Salesforce Ventures, Sound Ventures and Super Bowl champion Tom Brady onto its capital table. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 21, 20214 min

Druva raises $147M at a valuation north of $2B as the cloud rush continues

Druva, a software company that sells cloud data backup services, announced today that it has closed a $147 million round of capital. Caisse de dépôt et placement du Québec (CDPQ), a group that manages Quebec’s pension fund, led the round, which also saw participation from Neuberger Berman. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 21, 20215 min

After a decade of bootstrapping, Octopus Deploy raises $172.5M from Insight Partners

Founded almost a decade ago, Octopus Deploy has grown to serve 25,000 organizations, including Microsoft, NASA, Xero, Disney and Stack Overflow, through bootstrapping. Today the company announced its first outside investment. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 20, 20213 min

Zoom launches $100M Zoom Apps investment fund

When Zoom launched Zoom Apps and the Marketplace as a place to sell them last year, it was a big signal that the company wanted to be more than just a popular video conferencing application. It wanted to be a platform, which developers could use to build applications on top of Zoom. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 20, 20214 min

Squarespace files for a direct listing on the NYSE

Today Squarespace, a well-known software-and-hosting provider for SMB websites, released its S-1 filing. The company is pursuing a direct listing on the New York Stock Exchange, or NYSE. It will trade under the ticker symbol “SQSP.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 19, 20215 min

Level raises $27M from Khosla, Lightspeed ‘to rebuild insurance from the ground up’

Level, a startup that aims to give companies a more flexible way to offer benefits to employees, has raised $27 million in a Series A funding round led by Khosla Ventures and Lightspeed Venture Partners. Operator Collective and leading angels also participated in the financing, along with previous backers First Round Capital and Homebrew. The […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 19, 20214 min

Sunday raises $24 million seed round to build a fast restaurant checkout flow

Meet Sunday, a new startup that is going to attract some headlines as it has raised a $24 million seed round at a $140 million post-money valuation. That’s a lot of money for a company that started just a few months ago but that’s because Sunday wants to move quickly. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 16, 20215 min

Feels is a new dating app with profiles that look more personal

Meet Feels, a new French startup that wants to change how dating apps work. According to the company, scrolling through photos and reading descriptions tend to be a boring experience. Feels want to improve profiles so that navigating the app feels more like watching TikTok videos or browsing stories. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 16, 20215 min

Challenger bank N26 to offer insurance products

Fintech startup N26 is launching N26 Insurance as it plans to offer insurance products that you can access from the company’s mobile app and website. The first insurance product is a smartphone insurance plan for German customers. But the startup doesn’t plan to stop there. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 15, 20214 min

Zeta in talks with SoftBank to raise at over $1 billion valuation

Banking tech startup Zeta is inching closer to the much sought-after unicorn status as it talks to investors to finalize a new round, sources familiar with the matter told TechCrunch. SoftBank Vision Fund 2 is in talks to lead a ~$250 million Series D round in the five-year-old startup, the sources said. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 15, 20213 min

PlexTrac raises $10M Series A round for its collaboration-centric security platform

PlexTrac, a Boise, ID-based security service that aims to provide a unified workflow automation platform for red and blue teams, today announced that it has raised a $10 million Series A funding round led by Noro-Moseley Partners and Madrona Venture Group. StageDot0 ventures also participated in this round, which the company plans to use to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 14, 20214 min

Willo launches its tooth-brushing robot for kids

Are you 100% sure that your children are brushing their teeth properly? A New York-based startup called Willo has been working for several years on a device that should transform the tooth-brushing experience for children. Willo isn’t a new toothbrush — electric or not. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 14, 20213 min

Bloomscape’s Justin Mast explains how he built a thriving garden startup in Detroit

Justin Mast has a simple reason for starting his plant retail startup Bloomscape in Detroit. “This is home,” he told me. “This is where I have a really strong network and I knew I’d be able to find a lot of support.” = Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 13, 20214 min

When wildfires rage close, Perimeter wants to tell you where to go

Out the window, a fire is raging — and it’s moving ever closer. Confusion. Fear. A run for the car. Roads open and then suddenly closed by authorities. Traffic jams. A fire break that stalls the flames and then suddenly the flames jump, changing direction. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 13, 20215 min

Wonder Dynamics raises $2.5M seed to equip indie filmmakers with AI-powered VFX

Practically every film production these days needs some kind of visual effects work, but independent creators often lack the cash or expertise to get that top-shelf CG. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 12, 20216 min

Elior acquires food delivery startup Nestor

Corporate catering company Elior has acquired French startup Nestor for an undisclosed amount. Nestor originally started with a simple idea to differentiate itself from food delivery giants, such as Deliveroo, Uber Eats and others. Every day, the startup offered a single menu for lunch. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 12, 20213 min

Vybe raises $2.9 million for its challenger bank for teens

French startup Vybe has raised a $2.9 million funding round (€2.4 million) to build a challenger bank for teens. The company is currently testing its product with a soft launch. Users get a Mastercard payment card paired with an e-wallet. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 9, 20213 min

Realworld raises $3.4M to help Gen Z navigate adulthood

Realworld has a big vision — founder and CEO Genevieve Ryan Bellaire told me her goal is “simplifying adulthood.” And the New York startup has raised $3.4 million in seed funding to make it happen. Apparently that’s something Ballaire struggled with herself in her early twenties. Despite being a lawyer with an MBA, she said […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apr 9, 20214 min