
TechCrunch Startup News
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Statespace picks up $2.5M to help gamers train
Gaming continues to grow in popularity, with esports revenue growing 23 percent from last year to top $1 billion in 2019. But the metrics by which talent is evaluated in gaming, and the methods by which gamers can train to better hone their craft, are varied and at times non-existent. That’s where StateSpace, and specifically the company’s gaming arm Klutch, come into play. In 2017, Statespace launched out of stealth with their first product, Aim Lab. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cockroach Labs announces $55M Series C to battle industry giants
Cockroach Labs, makers of CockroachDB, sits in a tough position in the database market. On one side, it has traditional database vendors like Oracle, and on the other there’s AWS and its family of databases. It takes some good technology and serious dollars to compete with those companies. Cockroach took care of the latter with a $55 million Series C round today. The round was led by Altimeter Capital and Tiger Global along with existing investor GV. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Only 48 hours left for early-bird tickets to TC Sessions: Enterprise 2019
If enterprise software makes your entrepreneurial heart beat faster, you do not want to miss TC Sessions: Enterprise 2019 on September 5 in San Francisco. And if you really want to make your heart sing, buy an early-bird ticket and save $100. But act quickly, because that deal disappears in just 48 hours on August 9 at 11:59 p.m. (PT). Learn more about your ad choices. Visit podcastchoices.com/adchoices

Female founders: Apply to the All Raise AMA to win a free Expo Pass to Disrupt SF
Shouting out to all the fierce female founders. Have you applied to participate in theAll Raise“ask me anything” (AMA) sessions atDisrupt SF 2019? No? Women, it’s time to act. Apply for an AMA session by the August 30 deadline and you could win a free Expo Only Pass. You heard that right. We have 30 free Expo Only passes, and we’ll give them away at random to women founders who get accepted to the All Raise program at Disrupt SF 2019. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Applications still open for Hardware Battlefield TC Shenzhen
We’re still in the hunt for innovative early-stage hardware startup founders. And by that, we mean boundary-pushers, exceptional disrupters and all-around game-changers. If that sounds like you, you still have time to apply to compete in Hardware Battlefield at TC Shenzhenon November 11-12. Don’t miss your chance to compete in our epic, hardware-focused pitch competition. Apply to TC Hardware Battlefield 2019. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cybereason raises $200 million for its enterprise security platform
Cybereason, which uses machine learning to increase the number of endpoints a single analyst can manage across a network of distributed resources, has raised $200 million in new financing from SoftBank Group and its affiliates. It’s a sign of the belief that SoftBank has in the technology, since the Japanese investment firm is basically doubling down on commitments it made to the Boston-based company four years ago. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug
Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug Monzo, the fast-growing challenger U.K. challenger bank that recently soft-launched in the U.S., is disclosing a potential, albeit relatively limited, security oversight that saw customer PINs stored incorrectly within the company’s internal systems. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This startup wants to democratize custom sneaker ownership
There’s nothing like having a pair of fresh, unique sneakers. Limited-release culture facilitates some of that, but The Custom Movement hopes to make originality and self-expression via sneakers more accessible to the masses. The Custom Movement, a custom sneaker startup backed by Y Combinator, enables independent artists to sell their one-of-a-kind sneaker designs to those who want highly unique Nikes, Vans, Timberlands or any other brand of shoe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Secure your seat to Disrupt Berlin now and pay later
Secure your seat to Disrupt Berlin now and pay later Sonderangebot! That sounds like a super-cool robotics startup you’d find at Disrupt Berlin 2019, right? But it’s German for special offer — and that’s super cool, too. Our premier tech conference takes place on 11-12 December, and we want to make attending Disrupt Berlin as easy on the budget as possible. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bloomscape raises $7.5M to sell you plants of all sizes
Direct-to-consumer plant retailer Bloomscape has raised $7.5 million in Series A funding, with several high-profile D2C startup founders signing on as investors. Founder and CEO Justin Mast told me that his family has five generations of experience as greenhouse owners and operators, and that he first tried to get Bloomscape off the ground more than a decade ago. Since then, Mast has worked at other startups, but he said, “Bloomscape was the one that got away. Learn more about your ad choices. Visit podcastchoices.com/adchoices

UrbanClap, India’s largest home services startup, raises $75M
UrbanClap, a startup that offers home services across India and UAE, has raised $75 million to expand its business. The Series E round for the four-and-half-year-old Gurgaon-based startup was led Tiger Global. Existing investors Steadview Capital, which led the startup’s Series D round, and Vy Capital also participated in the round. The startup has raised about $185 million to date, according to Crunchbase. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Attend Disrupt SF 2019 for free as a volunteer
Forget the village, people. It takes an army to make TechCrunch Disrupt the well-oiled experience that savvy start-uppers have come to know and love. And we couldn’t do it nearly as well without our incredible volunteers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Calling all hardware startups! Apply to Hardware Battlefield @ TC Shenzhen
Got hardware? Well then, listen up, because our search continues for boundary-pushing, early-stage hardware startups to join us in Shenzhen, China for an epic opportunity; launch your startup on a global stage and compete in Hardware Battlefield at TC Shenzhenon November 11-12. Apply here to compete in TC Hardware Battlefield 2019. Why? It’s your chance to demo your product to the top investors and technologists in the world. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Prodly announces $3.5M seed to automate low code cloud deployments
Low code programming is supposed to make things easier on companies, right? Low code means you can count on trained administrators instead of more expensive software engineers to handle most tasks, but like any issue solved by technology, there are always unintended consequences. While running his former company, Steelbrick, which he sold to Salesforce in 2015 for $360 million, Max Rudman identified a persistent problem with low-code deployments. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tesseract makes spacecraft propulsion smaller, greener, stronger
Launch vehicles and their enormous rocket engines tend to receive the lion’s share of attention when it comes to space-related propulsion, but launch only takes you to the edge of space — and space is a big place. Tesseract has engineered a new rocket for spacecraft that’s not only smaller and more efficient, but uses fuel that’s safer for us down here on the surface. Learn more about your ad choices. Visit podcastchoices.com/adchoices

NakedPoppy launches curated beauty marketplace for wellness junkies
NakedPoppy co-founders Jaleh Bisharat and Kimberly Shenk are an impressive duo. Bisharat, the startup’s chief executive officer, is a commanding presence and a bona fide marketing savant. The perfect compliment to Shenk, a reticent and data-focused chief product officer. Together they’re building a cosmetics startup, NakedPoppy, where people can purchase high-quality “clean” makeup, or sustainable, ethically-made and cruelty-free products produced without harmful chemicals. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fintech decacorn Nubank raises $400m led by TCV
Another day, another mega round for a fintech startup. And this one is mega-mega. Brazil-based Nubank, which offers a suite of banking and financial services for Brazilian consumers, announced today that it has raised a $400 million Series F round of venture capital led by Woody Marshall of TCV. The growth-stage fund is best known for its investment in Netflix but has also made fintech a high priority, with over $1.5 billion in investments in the space. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Robinhood stored passwords in plaintext, so change yours now
Investment and stock trading app Robinhood stored some user credentials, including passwords, in plaintext on internal systems, the company revealed today. This particularly dangerous security misstep could have seriously exposed its users, though it says that it has no evidence the data was accessed improperly. Better change your password now. Sensitive data like passwords and personal information are generally kept encrypted at all times. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ethyca raises $4.2M to simplify GDPR compliance
GDPR, the European data privacy regulations, have been in effect for over a year, but it’s still a challenge for companies to comply. Ethyca, a New York City startup, has created a solution from the ground up to help customers adhere to the regulations, and today it announced a $4.2 million investment led by IA Ventures and Founder Collective. Table Management, Sinai Ventures, Cheddar founder Jon Steinberg and Moat co-founder Jonah Goodhart also participated. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Andreessen Horowitz values camping business Hipcamp at $127M
Hipcamp uses technology to get people away from technology. The San Francisco-based startup provides a “people-powered platform” that unlocks access to private land for camping, glamping or just a beautiful spot to park your RV, as described by Alyssa Ravasio, founder and chief executive officer. Amid explosive growth in emerging markets, including Florida and Texas, the company has attracted a $25 million Series B investment at a valuation of $127 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

SMB payroll startup Gusto raises $200m series D, plans R&D expansion to NYC
Every employee loves receiving their paycheck. It just so happens though that paying employees can be a royal pain, what with incredibly diverse labor laws across all 50 U.S. states. While large, Fortune 500 employers have a bevy of options, from traditional firms like ADP to newer entrants like Workday, small and medium businesses (SMBs) face the brunt of the challenge — too small to be attractive to the biggest players, but still responsible for following the complexity of U.S. labor law. Learn more about your ad choices. Visit podcastchoices.com/adchoices

DoorDash will change controversial tipping model
DoorDash CEO Tony Xu announced via Twitter that the company will be changing its model for compensating Dashers (a.k.a. DoorDash drivers and other delivery people). The companyfaced criticism this year its payment policies. Under the current system, a Dasher’s payment consists of a $1 base from DoorDash, the customer’s tip and — when the first two items fall below the guaranteed minimum — an additional payment boost from DoorDash. Learn more about your ad choices. Visit podcastchoices.com/adchoices

WeWork accelerates IPO plans, plots September listing
WeWork chief executive officer Adam Neumann is already rich, but soon all of the early employees and investors of the co-working giant will be too. The business, now known as The We Company, has accelerated its plans to go public, according to a new report from The Wall Street Journal. WeWork is expected to unveil is S-1 filing next month ahead of a September initial public offering. WeWork declined to provide comment for this story. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Almost sold out! Buy a ticket to the 14th Annual TechCrunch Summer Party
Last call, startuppers! TechCrunch’s Silicon Valley summer soiree — a.k.a. the 14th Annual TechCrunch Summer Party — is nearly sold out. If you want to join the brightest members of the startup community on July 25 and celebrate your intrepid entrepreneurial spirit, you’d best buy a ticket while you can. It’s now o’clock, people! This annual event is a true startup tradition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet 500 Startups’ 25th batch of startups
It’s that time of year again. When startup founders fret for weeks on end as the long-awaited Demo Day approaches. Investors pore through lists of startups participating in various accelerator programs and have their associates ping dozens of founders for coffee meetings. Demo Day season is upon us. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Serverless, Inc expands free Framework to include monitoring and security
Serverless development has largely been a lonely pursuit until recently, but Serverless, Inc has been offering a free framework for intrepid programmers since 2015. At first, that involved development, deployment and testing, but today the company announced it is expanding into monitoring and security to make it an end-to-end tool — and it’s available for free. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Deadline extended! Apply to the All Raise female founder program at Disrupt SF 2019
We’ve got great news for all the time-strapped female founders out there. Yeah, we’re looking at you, sister. We’re extending the application deadline to apply for the All Raise “ask me anything” (AMA) sessions at Disrupt SF 2019. Don’t miss this rare opportunity to meet with a leading female VC and, well, ask her anything. Apply for an AMA sessionby August 15. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hardware startups take center stage for Hardware Battlefield at TC Shenzhen
Software grabs so much attention that it even has its own catchphrase — there’s an app for that. It’s not a bad thing, but we know nothing happens without hardware. That’s why we’re hunting for the best early-stage hardware startups to take center stage at Hardware Battlefield at TC Shenzhenon November 11-12 in China. Apply here to compete in TC Hardware Battlefield 2019, our hardware-focused pitch competition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Last chance! Apply for the All Raise female founder program at Disrupt SF 2019
Newsflash for all female founders of the early-stage startup variety. Your chance to meet with leading women VCs atDisrupt SF 2019on October 2-4 ends on July 19 at 5 p.m. (PT).Apply for an AMA sessionbefore the deadline expires. We’re serious when it comes to supporting women in tech, which is why we partnered with All Raise — a startup nonprofit dedicated to accelerating female founder success. Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 lessons from Roblox’s growth to gaming dominance
Our recently published EC-1 on Roblox recounts the origin story and growth prospects of the company. But there’s one more piece to the story: what Roblox’s impact will be on gaming and the broader startup industry, if the company manages to multiply its current 90 million users. Learn more about your ad choices. Visit podcastchoices.com/adchoices

AlphaSense, a search engine for analysis and business intel, raises $50M led by Innovation Endeavors
Google and its flagship search portal opened the door to the possibilities of how to build a business empire on the back of organising and navigating the world’s information, as found on the internet. Now, a startup that’s built a search engine tailored to the needs of enterprises and their own quests for information has raised a round of funding to see if it can do the same for the B2B world. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Social chat app Capture launches to take a shot at less viral success
At first glance launching a new social app may seem as sensible a startup idea as plunging headfirst into shark-infested waters. But with even infamous curtain-ripper Facebook now making grand claims about a ‘pivot to privacy’ it’s clear something is shifting in the commercial shipping channels that contain our digital chatter. Whisper it: Feeds are tiring. Follows are tedious. Attention is expiring. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Final ticket release to the 14th Annual TechCrunch Summer Party
One of Silicon Valley’s most fun and enduring traditions — the14th Annual TechCrunch Summer Party — takes place on July 25. If you don’t have a ticket yet, know this: We just released the last batch of tickets. Once they’re gone, that’s it. No party for you. Don’t miss out on a night of fun and opportunity — buy your ticket today. Learn more about your ad choices. Visit podcastchoices.com/adchoices

India’s budget hotel startup Oyo enters co-working business with $30 million Innov8 acquisition
India’s Oyo has expanded its hotel chain business to over 80 countries and entered co-living spaces segment in recent years. The firm, which has raised about $1 billion in the last two quarters from several big names including Airbnb, has now identified a new business to target: co-working spaces. The Gurgaon-headquartered firm on Tuesday announced Oyo Workspaces that is already operational across 10 cities in India with over 20 centres. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Brave Care, backed by Y Combinator, is an urgent care clinic just for kids
Brave Care is an urgent care facility for pediatric care that costs, on average, about 80% less than a pediatric ER visit. Darius Monsef and his co-founder came up with the idea shortly after a fateful week for the Monsef family, during which their four-year-old dove off a bike ramp and their one-year-old started having breathing problems. For both visits, he went to a pediatric urgent care facility where his kids were thoughtfully and patiently treated by Dr. Corey A. Fish. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sage Plus for Experts gives travel experts a central place to share their content
Sage is giving reviewers, chefs and other experts and publishers a central place to share all their content. To do this, the startup has created a new product called Sage Plus for Experts, which isn’t open to the public yet, but is accepting signups from those aforementioned travel experts — the kinds of experts who can share content around things to do, food, drinks, experiences and shopping. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With so much late-stage money available, why are tech companies going public now?
Ajay Chopra Contributor Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This new autonomous startup has designed its delivery robot to conquer winter
This new autonomous startup has designed its delivery robot to conquer winter Refraction, a new autonomous delivery robot company that came out of stealth Wednesday at TC Sessions: Mobility, sees opportunity in areas most AV startups are avoiding: regions with the worst weather. The company, founded by University of Michigan professors Matthew Johnson-Roberson and Ram Vasudevan, calls its REV-1 delivery robot the “Goldilocks of autonomous vehicles. Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 reasons startups should exhibit at Disrupt SF 2019
Early-stage startup founders, you’re searching for opportunities to take your company to greater heights, amirite? Then allow me to direct your attention to Disrupt San Francisco 2019, TechCrunch’s flagship event that takes place October 2-4. More specifically to Startup Alley, the exhibition floor where opportunity thrives. Grab that opportunity by the scruff and buy a Startup Alley Exhibitor Package. Learn more about your ad choices. Visit podcastchoices.com/adchoices

N26 launches its challenger bank in the U.S.
European fintech startup N26 is now accepting customers in the U.S. The company is launching a bank account with a debit card that should provide a better experience compared to traditional retail banks. If you’re familiar with N26, the product that is going live today won’t surprise you much. Customers in the U.S. can download a mobile app and create a bank account from their phone in just a few minutes. It’s a true bank account with ACH payments, routing and account numbers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bankrupt Maker Faire revives, reduced to Make Community
Maker Faire and Maker Media are getting a second chance after suddenly going bankrupt, but they’ll return in a weakened capacity. Sadly, their flagship crafting festivals remain in jeopardy, and it’s unclear how long the reformed company can survive. Maker Media suddenly laid off all 22 employees and shut down last month, as first reported by TechCrunch. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hardware startups: Pitch to the world’s top investors at Hardware Battlefield 2019
Early-stage hardware startupfounders, it’s your turn to step into the spotlight and launch your innovative inventions to the world’s top investors. We’re inviting you to apply to compete in our hardware-focused pitch competition,Hardware Battlefield at TC Shenzhenon November 11-12. You might even walk away with $25,000 and a whole new business trajectory. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fresh tickets to our 14th Annual TechCrunch Summer Party
Our 14th Annual TechCrunch Summer Party is a mere two weeks away, and we’re serving up a fresh new batch of tickets to this popular Silicon Valley tradition. Jump on this opportunity, folks, because our previous releases sold out in a flash — and these babies won’t last long, either. Buy your ticket today. Our summer soiree takes place on July 25 at Park Chalet, San Francisco’s coastal beer garden. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Glitch is bringing remix culture back to the web with a $30 million Series A round
Building apps and tools on the web shouldn’t just be for the technically inclined. In the early days of the web, it was easy to make your MySpace account, for example, unique to your personal aesthetic. Glitch is doing that for the modern era. Glitch, formerly known as Fog Greek Software, is an online community where people can upload projects and enable others to remix them. Dash likens coding on Glitch to working together inside Google Docs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A 23-year-old B2B company has shown how keen India is for tech IPOs
Away from the limelight of the press and the frenzy of fundraising, a tech startup in India has achieved a feat that few of its peers have managed: going public. IndiaMART, the country’s largest online platform for selling products directly to businesses, raised nearly $70 million in a rare tech IPO for India this week. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Karamel is an app to find activities for your kids
Karamel is an app to find activities for your kids French startup Karamel wants to help you find things to do for your kids. The company is launching a mobile app that lets you find and book kid-friendly activities around you. The startup also just raised a $450,000 round (€400,000) from Kima Ventures, Roxanne Varza and Thibaud Elzière. Varza participates in the Atomico Angel Programme, which means that Atomico handed out $100,000 to invest in multiple early-stage companies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Why you should naturalize — now, not later
It’s no secret that America thrives on tech-savvy immigrants who put down permanent roots: Three in five of the country’s biggest tech companies —Apple, Facebook, and Google among them — were founded by first- or second-generation immigrants. Those giants combined boast a market cap of over $4 trillion and employ nearly two million workers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

HQ Trivia lays off ~20% as it preps subscriptions
HQ Trivia is struggling after a mutiny failed to oust its CEO. Downloads per month are down 92% versus last June according to Sensor Tower. And now four sources confirm that HQ laid off staff members this week. One said about 20% of staff was let go, and another said six to seven employees were departing. That aligns with Digiday reporter Kerry Flynn’s tweet that 7 employees were let go bringing HQ to under 30 (shrinking from 35 to 28 staffers would be a 20% drop). Learn more about your ad choices. Visit podcastchoices.com/adchoices

Pod Foods gets VC backing to reinvent grocery distribution
Larissa Russell and Fiona Lee founded a cookie startup called Green Pea Cookie in 2014. The cookies were 100% natural, vegan and “handcrafted with love.” The company failed but not because the cookies weren’t selling. The business couldn’t keep up with the antiquated wholesale food distribution system’s steep costs. Two incumbent players, United Natural Foods Inc. and KeHE Distributors, essentially controlled its only pathway to grocery stores across the country. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fast Forward raises new war chest to fight Silicon Valley’s inequality machine
San Francisco is a city of extremes, with multi-billion dollar glass-cladded obelisks piercing the SoMa sky while thousands of the city’s long-term residents fail to find even the basic rudiments of housing and other social services. The tech industry has created the world’s greatest inequality machine, solving every one of our problems except the ones like housing affordability, education access, and healthcare availability that might lead to greater agency and equality. Learn more about your ad choices. Visit podcastchoices.com/adchoices