Browsing Category: Startups

  • Juul names longtime tobacco exec as chief executive as Kevin Burns steps down

    Juul Labs chief executive Kevin Brown is stepping down from the leadership role in the company, making way for a longtime tobacco executive from the company’s largest shareholder, Atria, to take the reins. The move comes as Juul faces extreme scrutiny from U.S. regulators over the company’s marketing tactics and a possible ban on some …

    September 25, 2019 | by Raheel
  • Netdata, a monitoring startup with 50-year-old founder, announces $17M Series A

    Nearly everything about Netdata, makers of an open-source monitoring tool, defies standard thinking about startups. Consider that the founder is a polished, experienced 50-year-old executive who started his company several years ago when he became frustrated by what he was seeing in the monitoring tools space. Like any good founder, he decided to build his …

    September 25, 2019 | by Raheel
  • Arceo.ai raises $37 million to expand cyber insurance coverage and access

    Critical cyber attacks on both businesses and individuals have been grabbing headlines at an alarming rate. Cybersecurity has moved from a background risk for enterprises to a critical day-to-day threat to business operations, forcing executive teams to pour time and hundreds of billions in capital into monitoring and prevention efforts. Yet even as investment in …

    September 25, 2019 | by Raheel
  • Hack with these APIs at the Disrupt SF 2019 Hackathon

    If you’re one of the 800 code poets lucky enough to score a seat for the TechCrunch Hackathon at Disrupt San Francisco 2019 on October 2-4, congratulations! The event is completely full, so if you missed out, try your luck next time. The TC Disrupt SF Hackathon is a week away, and we bet you can’t wait to …

    September 25, 2019 | by Raheel
  • ZenBusiness raises $15M to help founders launch and grow ‘worry-free’

    There are two sides to starting a new business. On one side, entrepreneurs need creativity, imagination — a dream, essentially — to find, build, and market a new product to users and consumers. But on the other side, they have to deal with the regulatory state and all the minutia that comes with running any …

    September 25, 2019 | by Raheel
  • Manila-based payments processing startup PayMongo raises $2.7 million in seed funding

    Manila-based financial tech startup PayMongo has raised $2.7 million in seed funding to give merchants in the Philippines and other Southeast Asian markets simple ways to set up online payments. Investors included Founders Fund, Peter Thiel and Stripe, with participation from Y Combinator (PayMongo is the first Philippine fintech company it has funded), Global Founders …

    September 25, 2019 | by Raheel
  • Fidel raises $18M to let developers build on top of payment data from Visa, MasterCard and Amex

    Fidel, the U.K.-headquartered startup that offers an API to let developers build functionality, such as rewards, on top of the major card payment networks, has raised $18 million in Series A funding. The pretty sizeable round is co-led by U.S.-based fintech funds Nyca Partners and QED Investors. Also participating are Citi Ventures, Commerce VC, Elefund, …

    September 25, 2019 | by Raheel
  • Passbase grabs $3.6M to power privacy-preserving online ID checks

    Digital identity startup Passbase has closed a $3.6 million seed round, led by Cowboy Ventures and Eniac Ventures, with participation from Seedcamp and other European investors. The 2018 founded startup bagged a $600k pre-seed round earlier this year for its full-stack identity engine with a privacy twist. The latest tranche of funding will go on growing …

    September 25, 2019 | by Raheel
  • Target Global is firming up its bet on Barcelona’s entrepreneurs

    VC firm Target Global has just announced it’s expanding its European network by adding a local office in Barcelona, Spain — building on its existing presence in Berlin and London, plus Tel Aviv and Moscow. The firm has €700 million under management and a broad investment range that covers SaaS, marketplaces, fintech and insurtech, as …

    September 24, 2019 | by Raheel