Amperity acquires Custora to improve its customer data platform

6 Nov

Amperity announced today that it’s acquiring another company in the customer data business, Custora. Amperity co-founder and CEO Kabir Shahani told me that Custora’s technology complements what Amperity is already offering. To illustrate this point, he said that customer data tools fall into three big buckets: “The first is know your customer, the second is […]

Where top VCs are investing in fintech

5 Nov

Over the past several years, ‘fintech’ has quietly become the unsung darling of venture. A rapidly swelling pool of new startups is taking aim at the large incumbent institutions, complex processes and outdated unfriendly interfaces that mar billion dollar financial services verticals, such as insurtech, consumer lending, personal finance, or otherwise.   In just the past […]

Subscription service for Mac apps Setapp extends to teams

5 Nov

Setapp, the Spotify of Mac apps, is launching a new subscription plan specifically designed for teams. It is currently available as a public beta. As a reminder, Setapp lets you download and use 160 apps for a flat subscription fee. You don’t need to pay for major updates and there’s no in-app purchase. Anybody can […]

Arweave’s Permaweb blockchain can host sites & apps forever

5 Nov

What if you could pay now to store something online permanently? You could preserve a website against censorship, save legal contracts, or offer an app even after your company fails. That’s the promise of Arweave‘s Permaweb. The startup has built a new type of blockchain that relies on Moore’s Law-style declining data storage costs. Users […]

Valence launches a social network for black professionals

5 Nov

Over the past two years, as technology companies continued to struggle with diversifying their work forces, Los Angeles-based venture capitalist Kobie Fuller wrestled with how to solve the problem. As a black professional himself, Fuller had experienced the frustrations and isolation that can sometimes come with being the only person in the room who looked […]

Friended is a new social network that wants to get real

5 Nov

Though the social media landscape is dominated by a few major players, consumers still seem to want something new and different. Just look at TikTok. Today, a new social app is launching called Friended, which is taking an altogether different strategy when it comes to connecting people online. Friended was started by Thumb cofounder and […]

Coda Biotherapeutics is developing a cure for pain

5 Nov

If the researchers, executives and investors behind Coda Biotherapeutics have their way, one day soon there really could be a cure for pain. Co-founded by researchers Joseph Glorioso, from the University of Pittsburgh’s microbiology and molecular genetics department; and Dr. Nicholas Boulis, the founder of Emory’s Gene and Cell Therapy for Neurorestoration Laboratory; Coda uses […]

Uber’s losses top $1 billion, trumping better than expected revenues

5 Nov

Better than expected revenues couldn’t divert investor attention from the fact that Uber still managed to lose more than $1 billion in the most recent quarter as the company’s stock fell in after-hours trading. There are bright spots in the latest earnings report, not least that the company managed to stanch the bleeding that had […]

Workday to acquire online procurement platform Scout RFP for $540M

5 Nov

Workday announced this afternoon that it has entered into an agreement to acquire online procurement platform Scout RFP for $540 million. The company raised over $60 million on a post valuation of $184.5 million, according to Pitchbook data. The acquisition builds on top of Workday’s existing procurement solutions, Workday Procurement and Workday Inventory, but Workday […]

Goldman Sachs leads $50M round for credit card platform Deserve

4 Nov

Deserve, a credit card startup helping young people establish themselves as well as a cloud-based credit card platform for businesses, has raised $50 million in a new round of Series C funding led by Goldman Sachs, the company announced today. Others participating in the round include existing investors Sallie Mae, Accel, Aspect Ventures, Pelion Venture […]

CTO.ai’s developer shortcuts eliminate coding busywork

4 Nov

There’s too much hype about mythical “10X developers”. Everyone’s desperate to hire these ‘ninja rockstars’. In reality, it’s smarter to find ways of deleting annoying chores for the coders you already have. That’s where CTO.ai comes in. Emerging from stealth today, CTO.ai lets developers build and borrow DevOps shortcuts. These automate long series of steps […]

Volterra announces $50M investment to manage apps in hybrid environment

4 Nov

Volterra is an early stage startup that has been quietly working on a comprehensive solution to help companies manage applications in hybrid environments. The company emerged from stealth today with a $50 million investment and a set of products. Investors include Khosla Ventures and Mayfield along with strategic investors M12 (Microsoft’s venture arm), Itochu Technology […]

Robocorp announces $5.6M seed to bring open source option to RPA

4 Nov

Robotic Process Automation (RPA) has been a hot commodity in recent years as it helps automate tedious manual workflows inside large organizations. Robocorp, a San Francisco startup, wants to bring open source and RPA together. Today it announced a $5.6 million seed investment. Benchmark led the round with participation from Slow Ventures, firstminute Capital, Bret […]

New York’s ERA invests in esports org Gen.G

4 Nov

Esports are the wild wild West right now. There’s clearly a huge potential for the industry to become incredibly lucrative, but everything from the infrastructure of competition to the overall culture isn’t quite ready for prime time. This introduces a huge opportunity for the tech world to get in on the action. We’ve seen traditional […]

Sumo Logic acquires JASK to fill security operations gap

4 Nov

Sumo Logic, a mature security event management startup with a valuation over $1 billion, announced today that it has acquired JASK, a security operations startup that raised almost $40 million. The companies did not share the terms of the deal. Sumo’s CEO Ramin Sayer, says that the combined companies give customers a complete security solution. […]

Final week to score early bird passes to Disrupt Berlin 2019

4 Nov

Heads up, startuppers. We’ve entered the final week of early bird pricing on passes to Disrupt Berlin 2019. Place your procrastination on hold, because the deadline to save as much as €500 comes to an abrupt halt on 8 November at 11:59 p.m. (CEST). Do yourself a saver-favor and buy your early-bird pass to Disrupt Berlin today. […]

Max Q: SpaceX and Boeing gear up for commercial crew mission tests

3 Nov

Welcome back to Max Q, our weekly look at what’s happening in space and space startup news. This week was a bit more quiet than usual coming off of the amazingly over-packed International Astronautical Congress, but there were still some big moves that promise a lot more action to come before they year’s over – […]

Backed by Will Smith and FabFitFun, OurPlace brings cookware and dinnerware direct to consumers

1 Nov

The husband and wife co-founders behind the direct-to-consumer cookware and dinnerware startup retailer OurPlace are big believers in the notion that the doorway to inclusive communities opens through the kitchen.  Amir Tehrani, the company’s co-founder and chief executive spent, his life in the cookware and kitchen business, while his wife, Shiza Tehrani, is the co-founder of […]

EHang, maker of autonomous flying shuttles, files for $100 million IPO

1 Nov

Chinese autonomous air mobility company EHang has filed with the SEC the paperwork required to go public in the U.S. on the NASDAQ exchange, with a $100 million initial public offering. The company, which has been flying demonstration flights with passengers on board for a while now, is gearing up to launch its first commercial […]