Two business-to-business marketing companies are teaming up, with Demandbase acquiring Engagio. Both companies focus on account-based marketing (ABM), an approach where marketing and sales coordinate their outreach to specific, high-value accounts. Engagio co-founder and CEO Jon Miller (who previously co-founded Marketo) told me, “Most people who aren’t super close to the category would have said […]
Monzo, the U.K. challenger bank with more than 4 million customers, has confirmed it has closed £60 million in top up funding. Backing the round are existing investors Y Combinator, General Catalyst, Accel, Stripe, Goodwater, Orange, Thrive, Passion Capital, along with new investors Reference Capital, and Vanderbilt University. One of fintech’s worst kept secrets, the […]
Apple is under formal investigation by antitrust regulators in European Union — following a number of complaints related to how it operates the iOS App Store and also its payment offering, Apple Pay. The Commission said today that it has concerns that conditions and restrictions applied by the tech giant may be distorting competition in […]
Back in March, Nintendo and Lego teamed up to reveal one of the most delightful bits of colorful ephemera in an otherwise overwhelmingly bleak time. Lego Super Mario continues to be one thing worth looking forward to, through it all for the young and nostalgia-inclined old alike. And thankfully you only have to hang tight […]
Over the past few months, Yelp has been takin steps to help businesses reeling from the impact of the coronavirus pandemic — things like waived fees, virtual service listings and GoFundMe fundraisers (that last one had a mixed reception). But without getting into the question of whether the United States is reopening at the right […]
From the outside, at least, Amazon’s COVID-19 response has been a mixed bag. The company has noted in various reports the things it’s been doing in an attempt to curb the virus’s spread — particularly among warehouse employees deemed essential workers. But various attorneys general, senators and other lawmakers have demanded more information about working […]
Project management software maker Basecamp has launched a feature-packed hosted email service, called Hey — which they tout as taking aim at the traditional chaos and clutter of the email inbox. Two years of work comes alive today. Couldn’t be more proud of our team. It wasn’t easy, but it was incredibly fun. And today […]
TransferGo, the London-based international money transfer service, has raised another $10 million in funding, as it discloses that its customers numbers has surpassed two million. The round was co-led by Seventure, and Vostok Emerging finance, with follow-on funding from Hard Yaka, Revo Capital, and Bootstrap Europe. The startup is also announcing it has launched in […]
Finland-based Swappie has closed a €35.8 million ($40.6M) Series B to expand into new markets in Europe. The ecommerce business refurbishes and resells used iPhones, taking care of the entire process from testing and repairing used handsets, to selling the refurbished devices via its own marketplace, with a 12-month warranty. Local VC and private equity […]
French startup Molotov is better known for its TV streaming service in France. The company has attracted millions of users that use it to watch live TV, record movies and TV shows in the cloud, play past TV content and access on-demand channels. The company is launching Molotov Solutions, a B2B division that will build […]
SoftBank Group confirmed today it is considering selling its T-Mobile U.S. shares. Bloomberg reported last month that SoftBank was nearing an agreement to sell about $20 billion of its T-Mobile U.S. shares to investors including Deutsche Telekom, T-Mobile’s controlling shareholder, in an effort to offset major losses from its investment business, including the Vision Fund. […]
BYD Co., the Chinese auto giant backed by Warren Buffett, is rushing to make China self-sufficient in the production of electric vehicles. On Monday, the firm said in a filing it has secured 800 million yuan ($113 million) in a Series A+ round for its chipmaking arm, BYD Semiconductor. At stake is the race to make […]
Dresden, Germany-based Wandelbots – a startup dedicated to making it easier for non-programmers to ‘teach’ industrial robots how to do specific tasks – has raised a $30 million Series B funding round led by 83North, an with participation from Next47 and Microsoft’s M12 venture funding arm. Wandelbots will use the funding to help it speed […]
Grab is laying off about 360 people, or slightly under 5% of its employees. Co-founder and CEO Anthony Tan made the announcement in a letter to Grab employees today. A Grab spokesperson told TechCrunch that the company will not be shutting down offices, and that this is the last organization-wide layoff the company will perform […]
The law firm Fenwick & West has published some new data to highlight how Covid-19 has impacted the world of venture capital in Silicon Valley. The biggest surprise? It’s how little impact the global pandemic seems to have had on dealmaking this spring. Consider first that valuations in April were actually higher than in March, […]
Stockwell AI entered the world with a bang but it is leaving with a whimper. Founded in 2017 by ex-Googlers, the AI vending machine startup formerly known as Bodega first raised blood pressures — people hated how it referenced and poorly ‘disrupted’ mom-and-pop shops in one fell swoop — and then raised a lot of money. But ultimately, it […]
Rocket Lab is creeping closer to its goal of weekly launches with its 13th commercial mission, nicknamed “Pics Or It Didn’t Happen,” which, if all goes well, will take off only three weeks after the last one. “Don’t Stop Me Now” got to orbit successfully over the weekend, on June 13, and the next one […]
The United States Department of Commerce today issued a change to its sweeping Huawei ban. Proponents of the move note that the change in policy ought not be regarded as a softening on the government’s stance toward the embattled hardware maker, but instead is an attempt to develop more streamlined standards for 5G, along with […]
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Amid increasing antitrust scrutiny by U.S. regulators, Apple announced an update on its App Store ecosystem. While the company normally shares some App Store metrics during its WWDC keynote, it’s today detailing the results of a new study that claims the App Store ecosystem facilitated half a trillion ($519 billion) in billings and sales globally […]
