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Twitter is shutting down Fleets on August 3, citing low usage

5 years 2 months ago
Stories that disappear after a period of time are where the action is on social platforms like Snapchat, Instagram, WhatsApp and Facebook. But when it comes to Twitter, it looks the product itself is going to be going away in a matter of days. Twitter has confirmed that Fleets — its own take on ephemeral […]
Ingrid Lunden

LG Chem will invest $5.2B in battery materials through 2025

5 years 2 months ago
South Korea’s LG Chem has earmarked ₩6 trillion ($5.2 billion) over the next four years to build out its battery materials business. The investment comes as automakers and state regulators set targets to transition away from internal combustion engine vehicles, in a shift that will likely be the most transformative to the mobility industry since […]
Aria Alamalhodaei

You can see fires, but now Qwake wants firefighters to see through them

5 years 2 months ago
When it comes to tough environments to build new technology, firefighting has to be among the most difficult. Smoke and heat can quickly damage hardware, and interference from fires will disrupt most forms of wireless communications, rendering software all but useless. From a technology perspective, not all that much has really changed today when it […]
Danny Crichton

Nooks set to seed its own in the world of virtual HQs

5 years 2 months ago
After operating in beta for a year, Nooks, a virtual workspace space targeting distributed teams, has attracted thousands of users and millions of dollars in venture capital. The Stanford student-led upstart has raised a $5 million seed round led by Tola Capital, with participation from Floodgate and investors such as Julia and Kevin Hartz (CEO […]
Natasha Mascarenhas

Cybereason raises $275M at Series F, adds Steven Mnuchin to board

5 years 2 months ago
Cybereason, a US-Israeli late-stage cybersecurity startup that provides extended detection and response (XDR) services, has secured $275 million in Series F funding.  The investment was led by Liberty Strategic Capital, a venture capital fund recently founded by Steven Mnuchin, who served as U.S. Treasury Secretary under the Trump administration. As part of the deal, Mnuchin will […]
Carly Page

Twilio’s new tools will let anyone add live video and audio to their apps

5 years 2 months ago
Twilio, a company best known for its tools that help developers build text message/phone call-powered apps, is branching out into a new category: live streaming. This morning the company announced Twilio Live, a platform meant to help developers more easily integrate live video/audio features into their apps. Details are still a bit light, but here’s […]
Greg Kumparak

Exhibit your startup at TC Sessions: SaaS 2021

5 years 2 months ago
Software-as-a-service (SaaS) is hardly new, but this sector — pretty much the default business model for B2B and B2C startups — just keeps growing along with a rapidly expanding ecosystem. TC Sessions: SaaS 2021, a day-long focused look at the current state and future generations of SaaS, takes place on October 27, and it’s designed […]
Alexandra Ames

Aidoc raises over $66M for AI radiology analysis technology

5 years 2 months ago
Aidoc, an artificial intelligence company that develops triage and analysis software, is about to double its funding. On Tuesday, the company announced a round of $66 million. Before that the company had raised about $67 million in its five-year lifetime.  Aidoc develops “decision support” software based on artificial intelligence. This software can read images like […]
Emma Betuel

Microsoft launches Windows 365

5 years 2 months ago
Microsoft today launched Windows 365, a service that gives businesses the option to easily let their employees access a Windows 10 desktop from the cloud (with Windows 11 coming once it’s generally available). Think game streaming, but for your desktop. It’ll be available for business users (and only business users) on August 2, 2021. Announced […]
Frederic Lardinois

Mobile.dev launches with $3M seed to catch app issues pre-production

5 years 2 months ago
As mobile developers build apps, they push them out into the world and problems inevitably develop, which engineers have to scramble to fix. Mobile.dev, a new startup from a former Uber engineer, wants to flip that story and catch errors before the app launches. Today, the company emerged from stealth with a beta of their […]
Ron Miller

Tusk Ventures’ Jordan Nof and Wheel’s Michelle Davey to talk fundraising tips on Extra Crunch Live

5 years 2 months ago
The Tusk Ventures portfolio is impressive, if not intimidating. It includes Lemonade, FanDuel, Coinbase, Latch, Bird and many, many more. We’re lucky to be joined by Tusk co-founder and general partner Jordan Nof for an upcoming episode of Extra Crunch Live, and even luckier that he’s bringing Wheel co-founder Michelle Davey along with him. Wheel […]
Jordan Crook

Simpplr raises $32M for its intranet platform

5 years 2 months ago
Simpplr, a modern platform for building intranet sites (or ’employee communications and enablement platforms,’ as the company calls it), today announced that it has raised a $32 million Series C round led by Tola Capital. Norwest Ventures, which led the company’s Series B round last year, as well as Salesforce Ventures and George Still Ventures […]
Frederic Lardinois

M1 Finance raises $150M in SoftBank-led Series E, boosts valuation to $1.45B

5 years 2 months ago
Just over four months after announcing a $75 million Series D, M1 Finance today is announcing a new $150 million Series E round of funding led by SoftBank’s Vision Fund 2. The financing, which also included participation from existing backers, propels the Chicago-based fintech to unicorn status with a valuation of $1.45 billion. It also […]
Mary Ann Azevedo

Former Nutanix execs launch new startup with $50M seed round

5 years 2 months ago
Today a new software company from two former Nutanix executives called DevRev emerged from stealth with a $50 million seed round from Mayfield Fund, Khosla Ventures and several industry luminaries. The company, which aims to bring the coding and revenue processes closer together, already has 75 employees working on the new software platform, which they […]
Ron Miller
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