Browsing Category: Startups

  • Data startup Axiom secures $4M from Crane Venture Partners, emerges from stealth

    Axiom, a startup that helps companies deal with their internal data, has secured a new $4 million seed round led by U.K.-based Crane Venture Partners, with participation from LocalGlobe, Fly VC and Mango Capital. Notable angel investors include former Xamarin founder and current GitHub CEO Nat Friedman and Heroku co-founder Adam Wiggins. The company is …

    June 9, 2020 | by Raheel
  • Stop with the Vroom and gloom on Wall Street

    Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This time around we’re recording what we call an Equity Shot, a single-topic show that we pull together whenever there’s a news item of sufficient weight that it demands we break our regular cadence and record a little …

    June 9, 2020 | by Raheel
  • Decrypted: DEA spying on protesters, DDoS attacks, Signal downloads spike

    This week saw protests spread across the world sparked by the murder of George Floyd, an unarmed Black man, killed by a white police officer in Minneapolis last month. The U.S. hasn’t seen protests like this in a generation, with millions taking to the streets each day to lend their voice and support. But they …

    June 9, 2020 | by Raheel
  • Dear Sophie: Which visa should a startup pursue to hire someone from Mexico?

    Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: Can …

    June 9, 2020 | by Raheel
  • The rise of low-margin, no-margin unicorns

    Yesterday evening, Vroom, a digital used car retailer, priced its IPO at $22 per share, a figure that was a full $7 above the low end of its first proposed IPO price range. The venture-backed firm first proposed a $15 to $17 per-share IPO price range, which it later raised to $18 to $20 per …

    June 9, 2020 | by Raheel
  • Yugabyte lands $30M Series B as open source database continues to flourish

    It’s been a big period of positive change for Yugabyte, makers of the open source, cloud native YugabyteDB database. Just last month they brought on former Pivotal president Bill Cook as CEO, and today the company announced it has closed a $30 million Series B. 8VC and strategic investor WiPro led the round with participation …

    June 9, 2020 | by Raheel
  • Acceleprise announces 26 SaaS startups from its trio of accelerators

    The TechCrunch crew has worked to keep tabs on this year’s startup accelerator classes. Conventional wisdom in startup land states that great companies are founded during more trying economic times. Well, a recession was declared yesterday by the National Bureau of Economic Research. We should, therefore, see some breakout startups in the next few years. …

    June 9, 2020 | by Raheel
  • DNAnexus raises $100M for a cloud-based analytics platform aimed at genomics and other clinical big data

    DNAnexus, which provides a cloud platform for governments, universities, doctors and pharmaceutical companies to tap into DNA and other clinical data sets and collaborate on scientific research projects, is today announcing a big step ahead in its efforts to grow its reach and purpose. The 10-year-old startup, originally spun out of Stanford’s school of medicine, …

    June 9, 2020 | by Raheel
  • Eswin raises $283M to boost chip production in China

    Beijing Eswin Computing Technology, a Chinese startup that supplies semiconductor designs and solutions, has raised $283 million in a new financing round at a time when the world’s most populous nation is looking to cut its reliance on the U.S. and U.K. for chipsets. The four-year-old firm said the new round, a Series B, was …

    June 9, 2020 | by Raheel
  • Klarna launches rewards program

    Fintech startup Klarna is launching a rewards program called Vibe this summer. If you use Klarna as your payment method, you’ll start earning points for every $1 you spend. You can then redeem your points for gift cards at Starbucks, Sephora, Foot Locker and Uber. Klarna is best known for its buy now and pay …

    June 9, 2020 | by Raheel