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Fleetsmith launched in 2016 with a mission to manage Apple devices in the cloud. It simplified an IT activity that had previously been complex, with help from Apple’s Device Enrollment Program. Over the last year, the startup has beefed up its offering considerably, and today it announced a $30 million Series B round led by …
April 8, 2019 | by RaheelLoan platform Kabbage — which offers quick assessment and approvals for small business loans using machine learning algorithms that pull data from dozens of sources — has closed another large securitization as it continues to grow its operations. The company said it has closed an asset-backed securitization of $700 million, which it says it the …
April 8, 2019 | by RaheelVeratrak, a London-based startup that aims to digitise the pharmaceutical supply chain, has picked up £1 million in seed funding. Leading the round is Force Over Mass, with participation from Seedcamp, Ascension Ventures, Blockchain Valley Ventures and TrueSight Ventures. A number of individual investors have also backed the young company. They include ex-head of Corporate …
April 8, 2019 | by RaheelWomen-focused co-working space The Wing has hired Rachel Racusen as vice president of communications. Racusen has been the director of communications at Snap, the developer of Snapchat, since late 2016. Racusen’s exit represents the latest in a series of departures at the “camera company.” Earlier this year, the company’s chief financial officer Tim Stone stepped …
April 8, 2019 | by RaheelExtra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kirsten Korosec and Kate Clark led a deep-dive discussion into Lyft’s IPO and the outlook for the business going forward. After skyrocketing nearly 10% on its first day hitting the …
April 6, 2019 | by RaheelLet’s start this week’s newsletter with some data. Nationally, startups pulled in $30.8 billion in the first quarter of 2019, up 22 percent year-on-year, according to Crunchbase’s latest deal round-up. A closer look at the numbers shows a big drop in angel funding and a slight decrease in mega-rounds, or financings larger than $100 million. …
April 6, 2019 | by RaheelToday’s startups have a distinct advantage when it comes to launching a company because of the public cloud. You don’t have to build infrastructure or worry about what happens when you scale too quickly. The cloud vendors take care of all that for you. But last month when Pinterest announced its IPO, the company’s cloud …
April 5, 2019 | by RaheelSnap is taking a leaf out of the Asian messaging app playbook as its social messaging service enters a new era. The company unveiled a series of new strategies that are aimed at breathing fresh life into the service that has been ruthlessly cloned by Facebook across Instagram, WhatsApp and even its primary social network. …
April 5, 2019 | by RaheelWhile Spotify dukes it out with Apple and other big tech names to target high-end users in mostly developed markets, a startup out of China has raised some money to expand its music streaming business in the massive but still nascent market of Africa. Boomplay, a service founded by Transsnet — a joint venture between …
April 5, 2019 | by RaheelTeachers are notoriously underpaid, and buying homes is notoriously expensive. This is where Landed, which just raised a $7.5 million Series A round led by Initialized Capital, comes in. Landed helps educators buy homes by providing them with down-payment assistance. That’s because many teachers leave their jobs due to a lack of stable housing. In …
April 5, 2019 | by Raheel