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Reface grabs $5.5M seed led by A16z to stoke its viral face-swap video app

5 years 10 months ago
Buzzy face-swap video app Reface, which lends users celebrity ‘superpowers’ by turning their selfies into “eerily realistic” famous video clips at the tap of a button, has caught the attention of Andreessen Horowitz. The Silicon Valley venture firm leads a $5.5 million seed round in the deep tech entertainment startup, announced today. Reface tells us […]

Skyflow raises $17.5M more to help companies protect your personal data

5 years 10 months ago
Startups that raised earlier in 2020 are finding success again before the year closes. Today it’s Skyflow, a startup that TechCrunch covered in May when it announced a $7.5 million round. The company disclosed a new investment worth $17.5 million on Tuesday. The new round, a Series A, was led by Canvas Ventures. Foundation Capital, […]

Stitch Fix shares rise nearly 50% in early trading after yesterday’s earnings beat

5 years 10 months ago
Investors are buying into the shares of publicly traded Stitch Fix, the personal styling online clothes store, after it reported much better-than-expected earnings yesterday. Shares of the company’s stock were up $16.86, or 47.05%, in early trading on the Nasdaq stock exchange. For the company’s fiscal first quarter, which ends Oct. 31, Stitch Fix reported […]

Tesla files to sell $5B in stock while its shares are richly valued

5 years 10 months ago
Tesla is striking while its share price — and ballooning market cap — is hot, filing today to sell $5 billion in shares after investors bid its equity to record levels. The newly announced dilutive fundraising event is having a muted impact on its value, which is off 2.3% in pre-market trading as investors digested […]

UPDATE: Parrot Software has $2.1 million to grow its restaurant point-of-sale and management service in Mexico

5 years 10 months ago
The two founders of Parrot Software, Roberto Cebrián and David Villarreal, first met in high school in Monterrey, Mexico. In the eleven years since , both have pursued successful careers in the tech industry and became family (they’re brothers-in-law). Now, they’re starting a new business together leveraging Cebrián’s experience running a point-of-sale company and Villarreal’s time […]

SAP latest enterprise software giant to offer low code workflow

5 years 10 months ago
Low code workflow has become all the rage among enterprise tech giants and SAP joined the group of companies offering simplified workflow creation today when it announced SAP Cloud Platform Workflow Management, but it didn’t stop there. It also announced SAP Ruum, a new departmental workflow tool and SAP Intelligent Robotic Process Automation, its entry […]

China watches and learns from the US in AR/VR competition

5 years 10 months ago
When Chi Xu left Magic Leap and returned to China, he had big ambitions. He believed China would have its own augmented and virtual reality giants, just as how the domestic smartphone industry birthed global leaders like Huawei, Oppo and Xiaomi that rival Apple today. Xu, now chief executive of Nreal, one of China’s highest-funded […]

Apple Fitness+ launches on December 14

5 years 10 months ago
Apple is launching its subscription fitness service, which is built mainly to complement Apple Watch, on December 14. Apple Fitness+ was first announced at Apple’s iPhone event in September, and will offer guided workouts on iPhone iPad and Apple TV, with live personal metrics delivered by the Apple Watch’s health metrics monitoring. The fitness offering […]

Orca Security raises $55M for its cloud-native security platform

5 years 10 months ago
Israeli cloud security firm Orca Security today announced a $55 million Series B funding round led by ICONIQ Growth. Previous investors GGV Capital, YL Ventures and Silicon Valley CISO Investments also participated in the round, which brings the company’s total funding to date to $82 million. This includes Orca’s $20.5 million Series A round, which […]

Xayn is privacy-safe, personalized mobile web search powered by on-device AIs

5 years 10 months ago
As TC readers know, the tricky trade-off of the modern web is privacy for convenience. Online tracking is how this ‘great intimacy robbery’ is pulled off. Mass surveillance of what Internet users are looking at underpins Google’s dominant search engine and Facebook’s social empire, to name two of the highest profile ad-funded business models. TechCrunch’s […]

Cyber insurance startup At-Bay raises $34M Series C, adds M12 as a new investor

5 years 10 months ago
Cybersecurity insurance startup At-Bay has raised $34 million in its Series C round, the company announced Tuesday. The round was led by Qumra Capital, a new investor. Microsoft’s venture fund M12, also a new investor, participated in the round alongside Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, Munich Re Ventures, and Israeli entrepreneur Shlomo Kramer, […]

Mark Zuckerberg threatened to end Facebook’s UK investment in private 2018 meeting with digital chief, warning over “anti-tech” tone

5 years 10 months ago
Round of applause for the Bureau of Investigative Journalism — which fought for two years to obtain details of a closed door meeting between Facebook’s Mark Zuckerberg and the UK secretary of state in charge of digital issues at the time, Matt Hancock (now health secretary). Freedom of information requests for minutes of the 2018 […]

Apple announces $549 over-ear headphones, the AirPods Max

5 years 10 months ago
The AirPods Max are joining the AirPods and AirPods Pro in Apple’s audio accessory lineup. As you can see on the photo, Apple is releasing its first over-ear headphones under the AirPods brand. The wireless headphones feature active noise cancellation and cost $549. With this product, Apple competes directly with Sony’s and Bose’s wireless headphones […]

Unit raises $18.6M to offer banking features as a service

5 years 10 months ago
Companies like Stripe and Twilio have changed the game for online businesses by making it easier to integrate payments and communications services into their customer interfaces without having to build those features from the ground up, or make costly investments to integrate them from elsewhere. Today, another startup is launching and announcing some funding in […]

New York-based indoor ag company Gotham Greens raises $87 million

5 years 10 months ago
Lettuce celebrate the rise of indoor agriculture. In the past few months AppHarvest, a developer of greenhouse tomato farms went public through a special purpose acquisition vehicle, vertical farming giant Plenty raised $140 million, and now Gotham Greens, which is developing its own network of greenhouses, is announcing the close of $87 million in new […]
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