Upstream Security, a new startup founded by two cyber security industry veterans, announced a $9 million Series A today to help protect connected vehicles and eventually autonomous cars. Today, that probably means a car using a service like OnStar to connect over the internet to your manufacturer for a menu of in-car services such as
Co-working startup Mindspace recently raised $20 million from Crossroads, a private equity firm in the UK, as it gears up to launch its first two locations in the U.S. While Mindspace is looking to go big or go home in the U.S., it’s starting off slow with its first two locations in San Francisco and
The unbundling of the cable media empire is well underway, as players like Netflix grow and others like Hulu and YouTube offer live TV service. YouTube TV, in particular, is executing an aggressive rollout, just yesterday making the service available to another 34 markets. That brings us to a total of 83 U.S. markets in
Last month San Francisco-based Bitwise Investments announced a passively managed index fund comprised of the top 10 cryptocurrencies by market capitalization. The fund rebalances once a month, and all assets are held in cold storage. Essentially its an easy way for investors to gain some passive exposure to cryptocurrency without having to worry about which
After an eventful (and sometimes challenging) year for Soylent, co-founder Rob Rhinehart announced today that he will resign as the meal replacement shake company’s chief executive officer. That position will be taken over by Bryan Crowley, the president of Soylent’s parent company Rosa Foods. In his post, Rhinehart said that since Soylent is no longer
The city of Paris’ officials told the AFP that they have asked Airbnb and competing platforms to comply with new regulation. The Mayor’s Office has flagged around 1,000 apartments that are not registered with the city. Since December 1st, you have to register your apartment with the city if you want to list it on
Lumoid, a tech gear rental startup is no longer in business and its founder Aarthi Ramamurthy is moving on to Facebook. The startup launched as just a “crazy idea,” when it came out of Y Combinator four and half years ago, Ramamurthy wrote on a Facebook post this weekend announcing the shut down. Lumoid went on
Although U.S. businesses may be poised for massive tax reductions, most tech startups have little immediate reason to celebrate. After all, the vast majority are unprofitable. So cutting the corporate income tax rate from 35 percent to 20 percent, as Congress has opted to do, has zero effect on their near-term finances. That said, what
Uber has settled its lawsuit with a woman (Jane Doe) who accused its now-former CEO Travis Kalanick, president of business in Asia Eric Alexander and SVP of business Emil Michael of improperly obtaining her medical records after she was raped by an Uber driver in Delhi, India. “A settlement has been reached and the Parties
“We plan on making Bitmoji obsolete,” says Akash Nigam, CEO of Genies. Bragging about beating one of the world’s top apps before his has even launched is emblematic of Nigam’s and Genies’ brash style. But with $15 million in funding at a valuation over $100 million, top investors like NEA and Hollywood royalty like CAA
Bitcoin’s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom.
When it comes to tracking the effectiveness of online advertising campaigns, PhoneWagon CEO Ryan Shank said there’s been a big piece missing for most businesses — namely, how often those campaigns lead to phone calls. Shank has plenty of experience in local marketing, having worked in sales at Yext, then serving as COO Mhelpdesk, which was
Burrow, a startup bringing a Casper-style approach to manufacturing and delivering sofas, is announcing that it has raised $4.3 million in seed funding. This might not sound like the most obvious area for a startup to tackle — unless you’ve had the experience of trying to carry a couch up a twisty flight of stairs,
Netflix has been teasing the next season of Black Mirror at an excruciatingly slow pace. But now, we have everything we need to emotionally prepare for Season 4, including a release date. Yesterday, Netflix released the full Season 4 trailer, finally informing a desperate fanbase that the new season will be released on December 29.
Historically, financial organizations have watched forlornly through the front window while startups have adopted new and cool tools like Slack, Twitter, and Convo. Now they can join in the fun with something called Echofin. You can imagine the product as a sort of hyper-powered Slack for financial groups. Users can message each other and view
Earlier this year, Syte.ai, which develops visual search technology for fashion brands, raised $8 million from investors including top Asian tech firms NHN, Line Corp. and Naver. Now it’s unveiling a new API that makes adding visual search accessible to more e-commerce sites. Called Visual Search for All, the white-label feature can be integrated into
It’s been a bad few months for internet freedom in China (and really a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to take unilateral control over critical internet infrastructure, while also mandating that foreign companies keep all citizen data local
Viola, the Israel-based technology investment group, is launching new independent VC fund targeting fintech startups from anywhere in the world. Dubbed Viola FinTech, the “cross-stage venture fund” has an initial closing of $100 million but will extend that towards $120-150 million. It is backed by global banks, insurance companies and asset managers from North America,
Foursquare’s VP of business development Mike Harkey, who has been with the company for more than five years, has left to join Google as its director of global product partnerships. His LinkedIn page shows that he joined Google this month after serving a lengthy tenure at Foursquare, which has seen a significant shift from an
This morning, Frederic reported that Intuit has acquired Tsheets, a time-tracking service, for $340 million. That’s one of the highest prices that Intuit has ever paid for an acquisition, roughly equal to the cost of the company’s acquisition of Mint Bills / Check in 2014, and slightly smaller than the acquisition of Demandforce in 2012
Amagi, a startup trying to rethink the way TV broadcasters deliver their content, is launching in the United States. As a TV viewer, you may not see any big issues with the current broadcast infrastructure, but Amagi says satellite delivery is expensive, time-consuming and limits a broadcaster’s ability to customize their content to different geographies.
Over the last few years, and arguably punching way above its weight, Code First: Girls has been doing important work. The U.K. social enterprise, which originally spun out of company builder Entrepreneur First, has already taught more than 5,000 women to code, with the broader aim of helping to close the gender gap in the
Disrupt is back in Berlin, where 15 teams have just taken the stage as part of the Startup Battlefield. Each startup demonstrated their product and answered questions from our expert judges. Afterwards, we narrowed it down to five companies, who will be be competing tomorrow to take home 42,000 Euros and the Battlefield Cup. Tune
Raising a Series A is hard for a founder. Especially when you consider they’re usually doing it for the first time, while the VCs on the other side of the table are essentially professional negotiators getting pitched and doing deals every day. So to help give founders a leg up Justin Kan’s new legal tech