
TechCrunch Startup News
3,874 episodes — Page 72 of 78

Bird CEO on scooter startup copycats, unit economics, safety and seasonality
Bird’s electric scooters were on full display at the Upfront Summit in Malibu last week, a two-day event that brings togetherthe likes of Hollywood, Silicon Valley and Washington, DC’s elite. Not only were a dozen or so brand spanking new scooters available to ride throughout the event but Upfront general partner Mark Suster, an investor in the startup, was seen riding a Bird on stage to the tune of Chamillionaire’s ‘Ridin’ Dirty. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bots are cheap and effective. One startup trolls them into going away
Bots are ruining the internet. When they’re not pummeling a website with usernames and passwords from a long list of stolen credentials, they’re scraping the price of hotels or train tickets and odds from betting sites to get the best data. Or, they’re just trying to knock a website offline for hours at a time. There’s an entire underground economy where bots are the primary tools used in automating fraudulent purchases, scraping content and launching cyberattacks. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Aurora Solar’s computer-generated installation maps pull in a $20M Series A
Solar installations are becoming a no-brainer for anyone with a roof in much of the country. But getting an estimate on how much it would cost and how much juice it would generate can be complicated and time consuming. Aurora Solar has made an automated process for doing this, and attracted $20 million in funding as a result. A big part of the uncertainty anyone has about getting solar installed is the upfront cost and return on investment. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Austin in January: Cash rich and maturing
Mary Ann Azevedo Contributor Share on Twitter Mary Ann Azevedo covers startups and tech at Crunchbase News. 2019 has been good to the Austin startup scene so far. Combined, Austin startups have raised $240.3 million in January. That’s not much less than the nearly $300 million raised inall of Q4 2018. And since the beginning of the year, the Texas capital has seen a number of double-digit funding rounds and a nearly quarter of a billion dollaracquisition. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Timescale announces $15M investment and new enterprise version of TimescaleDB
It’s a big day for Timescale, makers of the open source time series database, TimescaleDB. The company announced a $15 million investment and a new enterprise version of the product. The investment is technically an extension of the $12.4 million Series A it raised last January, which it’s referring to as A1. Today’s round is led by Icon Ventures with existing investors Benchmark, NEA and Two Sigma Ventures also participating. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Joseph Gordon-Levitt’s artist-collaboration platform HitRecord raises $6.4M
In the early 2000s, actor Joseph Gordon-Levitt was frustrated with the roles he was being offered. Instead of starring in critically acclaimed indies, he was typecast as “the funny kid on TV” due to roles like Tommy from “3rd Rock from the Sun.” So like anyone who matured alongside the internet, he created a website where he could ideate, produce and share his work. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Step targets teens and parents with a no-fees mobile bank account and Visa card
A new mobile banking startup called Step wants to help bring teenagers and other young adults into the cashless era. Today, cash is used less often, as more consumers shop online and send money to one another through payment apps like Venmo. But teenagers in particular are still heavily burdened with cash — even though they, too, want to spend their money on things that require a payment card, like Amazon.com purchases or mobile gaming, for example. That’s where Step comes in. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cosmic JS wants to simplify web development, so you can focus on content
If you are a web developer, you know how complex many of the traditional web content management systems have been. One of the big problems has been managing the underlying infrastructure for the system. Cosmic JS, a member of the Winter 2019 Y Combinator class, wants to simplify that by taking care of the infrastructure part for you, while providing a flexible front end for content creators. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Amex blocks Curve as the fintech startup vows to fight “anti-competitive” decision
Well, that was short-lived: Just 36 hours after Curve, the London fintech that lets you consolidate all of your bank cards into a single Curve card, re-instated support for Amex, the feature has once again been unceremoniously blocked by American Express. This time, however, the context feels very different from 2016 when the startup was barely off the ground, with Curve telling customers in an email this morning that it intends to “fight Amex’s decision with our full might”. Learn more about your ad choices. Visit podcastchoices.com/adchoices

YC-backed Oxygen raises seed to bring digital banking to freelancers
Few things are easy in our financial system if you don’t have regular employment. It’s hard to prove (regular) income, which makes applying for a credit card or personal loan much more difficult and time-consuming. That’s particularly tough, since freelancer income is variable, and these sort of income smoothing tools can be critical to make ends meet. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The new Parsley Health Center in NYC doesn’t feel like a doctor’s office
Parsley Health has just opened up a new, fully redesigned space on Fifth Avenue in New York City, marking the first true Parsley Health Center. Since launch, the startup has been operating out of clinics in New York, San Francisco and Los Angeles. But TechCrunch got the chance to check out Parsley’s new Fifth Ave location, which marks the company’s first space designed from the ground up as Parsley Health. Founded by Dr. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sequoia-backed NEXT gets $97M as investment in logistics heats up
Despite its “unsexy” reputation, the logistics industry is attracting massive investment from venture capitalists. With a fresh $97 million in Series C funding, NEXT joins a fleet of heavily funded logistics platforms, including Flexport, Huochebang and Convoy. The company, which connects shippers and carriers through an online marketplace, raised the capital fromBrookfield Ventures, with participation from Sequoia Capital and logistics solutions provider GLP. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Verizon’s unlimited data carrier Visible starts selling iPhones, announces Android compatibility
When Verizon stealthily launched a new startup called Visible last year, it operated under a bring-your-own-device model — to sign up, you needed to already have an unlocked iPhone, and Visible would send you a new SIM card. Today, however, Visible is announcing that it’s partnering with Affirm and Apple to sell iPhones with 0 percent APR financing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After an abrupt shutdown, Munchery’s small business vendors are the ones picking up the bill
Munchery’s vendors claim the food delivery startup took advantage of them in its final hours, knowingly allowing them to continue making deliveries it couldn’t pay for. Earlier this week, Munchery surprised customers with an email announcing it wouldcease operations, effective immediately. Learn more about your ad choices. Visit podcastchoices.com/adchoices

How we’re finding the best lawyers for early-stage startups
We’re nearing 1,000 submissions from startup founders and leaders in Silicon Valley and across the world about the best early-stage tech lawyers to work with. As we’ve sorted through survey responses and begun scheduling interviews with the first qualified nominees, we’ve gotten a bunch of questions. We love questions. First of all, why are we creating a living list of great tech startup lawyers?Lawyers don’t create startups, but they can help great startups succeed. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Pill Club raises $51M as VCs find new opportunities in women’s health
Through telemedicine and direct-to-consumer sales platforms, startups are streamlining the historically arduous process of accessing contraception. The latest effort to secure a significant financing round is The Pill Club, an online birth control prescription and delivery service. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Roger Dickey ditches $32M-funded Gigster to start Untitled Labs
Most founders don’t walk away from their startup after raising $32 million and reaching 1000 clients. But Roger Dickey’s heart is in consumer tech, and his company Gigster had pivoted to doing outsourced app development for enterprises instead of scrappy entrepreneurs. So today Dickey announced that he’d left his role as Gigster CEO, with former VMware VP Christopher Keane who’d sold it his startup WaveMaker coming in to lead Gigster in October. Learn more about your ad choices. Visit podcastchoices.com/adchoices

UK startup veteran and investor Wendy Tan White joins Alphabet X as Vice President
Wendy Tan White, a veteran of the U.K. startup scene — including founding SaaS website builder Moonfruit, which exited to Yell Group for $37 million — is joining Alphabet X (formerly Google X), TechCrunch has learned. According to sources, Tan White was approached by Google late last year, as she weighed up a number of other options, including raising a VC fund of her own dedicated to “deep tech”. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Following a record year, Illinois startups kick off 2019 on a strong foot
Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor SoftBank’s Vision Fund inches closer to $100B The top 10 cities for $100M VC rounds in 2018 so far Illinois’s startup market in 2018 was very strong, and it’s not slowing down as we settle into 2019. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Alation announces $50M Series C investment as data catalog biz takes off
Alation, a startup that helps crawl a company’s databases in order to build a data search catalogue, announced a $50 million Series C investment today. The round was led by Sapphire Ventures and Salesforce Ventures. Existing investors Costanoa Ventures, DCVC (Data Collective), Harmony Partners and Icon Venturesalso participated. Today’s investment brings the total raised to $82 million, according to Crunchbase data. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Slack’s product chief is out ahead of direct listing
Slack is losing its chief product officer April Underwood ahead of a direct listing expected in 2019. Tamar Yehoshua, a long-time Google vice president, has been tapped to fill Underwood’s shoes as Slack’s new product chief. Underwood joined Slack, the provider of workplace communication tools, in 2015 as its head of platform after a five-year stint as Twitter’s director of product. She was promoted to the chief product role about 10 months ago. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Squad is the new screensharing chat app everyone will copy
Squad could be the next teen sensation because it makes it easy to do nothing… together. Spending time with friends in the modern age often means just being on your phones next to each other, occasionally showing off something funny you found. Squad lets you do this even while apart, and that way of punctuating video chat might make it the teen girl “third place” like Fortnite is for adolescent boys. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Techstars will build and launch startups with new venture studio
Similar to Y Combinator, early-stage technology startup accelerator Techstars has spent much of the last decade supporting and seeding innovative projects, including Plated, ClassPass, SendGrid and PillPack. Now, it wants to take its service a step further. Today, Techstars is announcing the launch of Techstars Studio, a new venture that will have the accelerator developing and launching venture-scale businesses with the support of several corporate partners. Learn more about your ad choices. Visit podcastchoices.com/adchoices

YC-backed Upsolve is automating bankruptcy for everyone
The popular image of a Chapter 7 bankruptcy might be a large company like Enron failing, or maybe some lazy drifter trying to shirk their financial responsibilities. The reality is anything but those sorts of images. Today in America, the most common reason for bankruptcy is to discharge egregious sums of medical debt [1], which might have been incurred in a short stint in a hospital emergency room. Learn more about your ad choices. Visit podcastchoices.com/adchoices

For $5,800 per year, Chief helps women reach the C-suite
For decades, women in business have lacked the resources necessary to navigate to or sustain executive roles. Finally, venture-funded projects have emerged to fill this gap. The latest is Chief, a private network for New York-based women in senior roles intech, retail, enterprise, finance, media and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Opendoor competitor Knock raises $400M
Home trade-in platform Knock has brought in a $400 million investment to accelerate a national expansion and double its 100-person headcount. Foundry Group has led the Series B funding round in New York-based Knock, with participation from Company Ventures and existing investors RRE Ventures, Corazon Capital, WTI and FJ Labs .Knock co-founder and chief executive officer Sean Black declined to disclose the startup’s valuation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daily Crunch: Bing has a child porn problem
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Microsoft Bing not only shows child pornography, it suggests it A TechCrunch-commissioned report has found damning evidence on Microsoft’s search engine. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startups Weekly: Will Trump ruin the unicorn IPOs of our dreams?
The government shutdown entered its 21st day on Friday, upping concerns of potentially long-lasting impacts on the U.S. stock market. Private market investors around the country applauded when Uberfinallyfiled documents with the SEC to go public. Others were giddy to hear Lyft, Pinterest, Postmates and Slack (via a direct listing, according to the latest reports) were likely to IPO in 2019, too. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Elon Musk shows off the assembled Starship test rocket
After weeks teasing renderings and production photos, Elon Musk finally showed off the finished Starship test rocket last night. Starship test flight rocket just finished assembly at the @SpaceX Texas launch site. This is an actual picture, not a rendering. pic.twitter.com/k1HkueoXaz — Elon Musk (@elonmusk) January 11, 2019 As you can well see, the Starship test rocket has a stainless steel skin, which had a few people scratching their heads. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Caper, the AI self-checkout shopping cart
The Amazon boogie-man has every retailer scrambling for ways to fight back. But the cost and effort to install cameras all over the ceiling or into every shelf could block stores from entering the autonomous shopping era. Caper Labs wants to make eliminating checkout lines as easy as replacing their shopping carts while offering a more familiar experience for customers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Uber’s IPO may not be as eye-popping as we expected
Uber is expected to raise $10 billion later this year in one of the largest U.S. initial public offerings in history. The float will value the ride-hailing giant somewhere between $76 billion — the valuation it garnered with its last private financing — and $120 billion — a sky-high figure assigned by Wall Street bankers that’s had even early Uber investors scratching their heads. A new report from The Information pegs Uber’s initial market cap at $90 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daily Crunch: Well Facebook, you did it again
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Facebook is the new crapware Well Facebook, you did it again. Fresh off its latest privacy scandal, the troubled social media giant has inked a deal with Android to pre-install its app on an undisclosed number of phones and make the software permanent. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daily Crunch: The age of quantum computing is here
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1.IBM unveils its first commercial quantum computer The 20-qubit system combines the quantum and classical computing parts it takes to use a machine like this for research and business applications into a single package. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hire faster, work happier: Startups target employment with AI and engagement tools
Joanna Glasner Contributor More posts by this contributor Robot couriers scoop up early-stage cash Bots replacing office workers drive big valuations If you have a job today, there’s a good chance you personally reached out to your employer and interviewed with other humans to get it. Now that you’ve been there a while, it’s also likely the workday feels more like a long slog than the fulfilling career move you had envisioned. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daily Crunch: Nvidia breaks with tradition at CES 2019
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Nvidia launches the $349 GeForce RTX 2060 Nvidia broke with tradition and put a new focus on gaming at CES. Last night the company unveiled the RTX 2060, a $349 low-end version of its new Turing-based desktop graphics cards. The RTX 2060 will be available on Jan. 15. 2. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startups Weekly: VCs celebrate the new year the only way they know how
Venture capitalists swore in the new year the only way they know how… by submitting SEC paperwork for new funds! insert party hat/confetti emoji here. As many of us brainstormed our New Year’s resolutions and let our hangovers wear off, several firms began this week what for some is a long and arduousprocess of raising a VC fund and for others is as simple as a few phone calls to LPs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Moesif raises $3.5M seed round to provide insight into API usage
Today, many companies provide developer access to their services via APIs.Moesif, a San Francisco startup, wants to help these companies gain insight into their customer’s API usage patterns. Today, the company announced a $3.5 million seed round. The investment was led by Merus Capital with participation by Heavybit, Fresco Capital and Zach Coelius, who sold his startup, Cruise Automation, to General Motors for $1 billion in 2016. Learn more about your ad choices. Visit podcastchoices.com/adchoices

NYSE operator’s crypto project Bakkt brings in $182M
The Intercontinental Exchange’s (ICE) cryptocurrency projectBakkt celebrated New Year’s Eve with the announcement of a $182.5 million equity round from a slew of notable institutional investors. ICE, the operator of several global exchanges, including the New York Stock Exchange, established Bakkt to build a trading platform that enables consumers and institutions to buy, sell, store and spend digital assets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Samsara banks $100M at a $3.6B valuation for its internet-connected sensors
Sensor data platform Samsara confirmed this morning that it had closed a new round of funding from existing investors Andreessen Horowitz and General Catalyst that values the startup at $3.6 billion. The news was first reported by Cheddar, which spotted a filing with the state of Delaware on December 21 disclosing Samsara’s intent to raise a $100 million round at more than double the valuation it garnered upon its $50 million Series Dthis March. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Venture capital, global expansion, blockchain and drones characterize African tech in 2018
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor IBM Africa and Hello Tractor pilot AI/blockchain agtech platform Africa Roundup: Terragon’s Asia acquisition, Twiga Foods’ $10M raise, SimbaPay’s China payment service 2018 saw Africa’s tech sector become more dynamic and international. VC firms on the continent multiplied. There were numerous investment rounds. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Why your startup shouldn’t rush to $1 million in revenue
Martina Lauchengco Contributor Share on Twitter Martina spent over 20 years as a marketing and product executive building and crafting strategies for market-defining software like Microsoft Office and Netscape Navigator. As an operating partner at Costanoa Ventures, she sits on multiple boards and advises companies on all things go-to-market. She also teaches at the UC Berkeley graduate school of engineering. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cap table management tool Carta valued at $800M with new funding
Startups supporting startups are blazing a new trail with support from venture capitalists. Co-working spaces like The Wing and The Riveter raked in funding rounds this year, as did Brex, the provider of a corporate card built specifically for startups. Now Carta, which helps companies manage their cap tables, valuations, portfolio investments and equity plans, has announced an $80 million Series D at a valuation of $800 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Captiv8 report highlights data for spotting fake followers
Captiv8, a company offering tools for brands to manage influencer marketing campaigns, has released its 2018 Fraud Influencer Marketing Benchmark Report. The goal is to give marketers the data they need to spot fake followers — and thus, to separate the influencers with a real following from those who only offer the illusion of engagement. The report argues that that this a problem with a real financial impact (it’s something that Instagram is working to crack down on), with $2. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A new solar technology could be the next big boost for renewable energy
A new solar technology could be the next big boost for renewable energy Across the globe, a clutch of companies from Oxford, England to Redwood City, Calif. are working to commercialize a new solar technology that could further boost the adoption of renewable energy generation. Earlier this year, Oxford PV, a startup working in tandem with Oxford University,received $3 million from the U.K. government to develop the technology, which uses a new kind of material to make solar cells. Learn more about your ad choices. Visit podcastchoices.com/adchoices

My product launch wishlist for Instagram, Twitter, Uber and more
‘Twas the night before Xmas, and all through the house, not a feature was stirring from the designer’s mouse . . . Not Twitter! Not Uber, Not Apple or Pinterest! On Facebook! On Snapchat! On Lyft or on Insta! . . . From the sidelines I ask you to flex your code’s might. Happy Xmas to all if you make these apps right. Instagram See More Like This – A button on feed posts that when tapped inserts a burst of similar posts before the timeline continues. Learn more about your ad choices. Visit podcastchoices.com/adchoices

HQ Trivia launches HQ Words tonight under reinstalled CEO
HQ’s expansion beyond trivia emerges from beta tonight, but the question is whether it’s different and accessible enough to revive the startup’s growth. HQ Words opens to everyone with today’s 6:30pm pacific broadcast within the HQ Trivia app after several weeks of closed beta testing of the Wheel Of Fortune-style game. Learn more about your ad choices. Visit podcastchoices.com/adchoices

How Juul made vaping viral to become worth a dirty $38 billion
A Juul is not a cigarette. It’s much easier than that. Through devilishly slick product design I’ll discuss here, the startup has massively lowered the barrier to getting hooked on nicotine. Juul has dismantled every deterrent to taking a puff. The result is both a new $38 billion valuation thanks to a $12.8 billion investment from Marlboro Cigarettes-maker Altria this week, and an explosion in popularity of vaping amongst teenagers and the rest of the population. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Boosted nabs $60M as the electric skateboard maker looks to build something new
Boosted nabs $60M as the electric skateboard maker looks to build something new Boosted has scored some serious cash as it looks to move beyond the world of electric skateboards to conquer new forms of personal transportation. The startup announced today that it has closed a $60 million round of Series B funding co-led by Khosla Ventures andiNovia Capital.Stanford’s StartX and Bay Meadows also participated in the round. Boosted has now raised north of $70 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Teeth aligner startup Candid opens up physical locations in SF
Candid, a teeth aligner startup that aims to make straight teeth more accessible and more affordable than Invisalign, is evolving its direct-to-consumer business. In addition to its at-home impression process, Candid recently started enabling people to come into a physical office to get their teeth scans completed. Today, Candid is opening physical storefronts in San Francisco, Austin, Columbus, Ohio and Santa Monica, Calif. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Earnin raises $125M to help workers track and cash out wages in real time
BeforeRam Palaniappan founded Earnin, he developed a system for employees at a payments company called UniRush, where he spent eight years as president. If you needed money before payday, he would write you a check from his checking account and when payday rolled around, employees would reimburse him. Learn more about your ad choices. Visit podcastchoices.com/adchoices